Brazilian fugitive convicted of murder captured by ICE in Massachusetts
MILFORD, Mass. — A Brazilian national convicted of murder in his home country and on the run for nearly two years was arrested in Milford on May 1 by officers from U.S.…
Chile’s Cencosud buys Brazilian supermarket chain for $100 million
SANTIAGO – Chilean retailer Cencosud said on Friday it had signed a deal worth around $100 million to acquire Brazilian supermarket chain GIGA. GIGA, founded in 2009, has 10 shops in Sao…
Brazilian brewer Ambev posts Q1 earnings beat as volumes grow
SAO PAULO – Brazilian brewer Ambev SA’s first-quarter net income rose 29.1% from a year earlier as volumes increased, driven by its domestic and South American units, it said on Thursday, beating…
Brazilian real tumbles amid rallying dollar and local tensions
By Luana Maria Benedito and Jose de Castro SAO PAULO – The Brazilian real has returned to the list of worst currencies among its peers with two sessions of heavy losses, suffering…
Mercadolibre, Brazilian airline Gol announce logistics partnership
SAO PAULO – Mercadolibre Inc and Brazilian airline Gol Linhas Aereas Inteligentes SA on Tuesday announced a 10-year logistics partnership for cargo transportation in the South American country. Under the deal, Mercadolibre…
Brazilian miner Samarco creditors reject debt restructuring proposal
SAO PAULO – Creditors of Brazilian miner Samarco Mineracao SA, a joint venture of Vale SA and BHP Billiton Ltd, on Monday rejected the debt restructuring plan presented by the company in…
Brazilian government still undecided on public salaries, official says
By Marcela Ayres BRASILIA -Brazil’s government has not yet reached a decision over a salary increase for public servants this year, an official said on Monday, stressing that an across-the-board 5% wage…
Brazilian power sector to benefit from rains, despite higher oil prices – ONS
RIO DE JANEIRO – The improvement in the level of Brazil’s main hydroelectric reservoirs should ease the costs of operating the electricity system this year, even as the conflict between Russia and…
9-Year-Old Brazilian Boy Googles How To Sneak Onto A Plane, Ends Up Traveling Almost 2000 Miles
Marissa Amara A family in Brazil was recently united with their 9-year-old son that was reported missing after the young traveler snuck onto a flight, the New York Post reported Tuesday. Oliveira…
Brazilian brewer Ambev’s profit slumps in sector-wide decline
SAO PAULO – Brazilian brewer Ambev SA’s fourth-quarter net income fell 45.6% from a year earlier to 3.75 billion reais ($748.55 million), it said on Thursday, citing widespread deceleration across the industry.…
Brazilian shoemaker Alpargatas raises $492 million in share sale
SAO PAULO – Brazilian shoemaker Alpargatas has raised 2.49 billion reais ($492 million) in a planned follow-on share offering, a securities filing showed. Investment firm Itausa, which was already one of Alpargatas’…
Embraer strikes deal with Brazilian Air Force on KC-390 order reduction
SAO PAULO – Planemaker Embraer SA announced on Wednesday it had reached a deal with Brazilian Air Force to cut its order for 28 KC-390 military cargo planes to 22 aircraft, and…
Brazilian President Sent To Hospital With Intestinal Obstruction
Brazilian president Jair Bolsonaro was hospitalized Monday after experiencing abdominal pain, the Associated Press reported. Bolsonaro is “doing well,” according to a government statement published by Globo, according to the AP. The…
Brazilian National Sentenced to 60 Years in Prison for Sexual Exploitation of a Child
AUSTIN – A Brazilian national was sentenced today to 60 years in prison for sexual exploitation of a child, followed by 10 years of supervised release. Defendant was also ordered to pay…
Brazilian Town Almost Deserted As Migrants Flee For The US
As massive numbers of migrants choose to journey north for a chance to enter the U.S., one town in Brazil demonstrates how immigration is draining the region of necessary workers, Reuters reported.…
Brazilian National Sentenced To 4 Years In Prison For $15 Million Advance Fee Scheme; Additional Charges Unsealed Against 4 Co-Conspirators
Audrey Strauss, United States Attorney for the Southern District of New York, and Philip R. Bartlett, Inspector in Charge of the New York Office of the U.S. Postal Inspection Service (“USPIS”), announced…
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