SAO PAULO – Brazilian President Jair Bolsonaro on Tuesday cast doubt on the 2020 election victory of U.S. President Joe Biden, just two days before they are due to meet…
SAO PAULO – Brazil’s jobless rate fell to 10.5% in the three months through April, making it the lowest since early 2016, statistics agency IBGE said on Tuesday. The unemployment…
SAO PAULO -The Brazilian Air Force has decided to cut its order for Embraer SA’s KB-390 military cargo planes to 15 aircraft from 22 previously, according to a report from…
SAO PAULO – Brazilian President Jair Bolsonaro and business magnate Elon Musk are scheduled to meet in Sao Paulo on Friday, Brazilian daily O Globo reported late Thursday. The two…
BRASILIA – Brazil Economy Minister Paulo Guedes said a small tax reform may be approved by Congress this year that would include a 10% tax on dividends, which are currently…
By Marcela Ayres BRASILIA – Brazil’s Economy Ministry will hold its economic growth outlook at 1.5% in 2022 and 2.5% in 2023, two officials told Reuters on Wednesday, forecasting activity…
BRASILIA – Brazil’s central bank chief Roberto Campos Neto said on Wednesday that policymakers are currently discussing the impacts on short-term inflation of expected frosts in the country, stressing that…
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday the government will reduce payroll taxes, without giving details or deadlines for a move he has defended since taking office…
SAO PAULO – Brazilian meat giant JBS SA played down the effects of COVID-19-related lockdowns in China, saying they would not affect demand for JBS products despite causing logistics concerns,…
By Gabriel Stargardter, Gram Slattery and Rodrigo Viga Gaier RIO DE JANEIRO – U.S. government officials in March asked Brazil’s state-run oil company Petrobras whether it could increase crude output…
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Monday the country could propose a leaner version of a tax reform to increase taxation on the super-rich and reduce corporate…
By Gram Slattery and Roberto Samora RIO DE JANEIRO – Brazil’s Petrobras posted a first-quarter net income that beat forecasts on Thursday, just minutes after Brazilian President Jair Bolsonaro railed…
By Ana Mano SAO PAULO – Brazilian food processor BRF SA on Thursday attributed disappointing first-quarter results to a rise in costs and inflation in its domestic market, and vowed…
By Sabrina Valle HOUSTON – Brazil’s direct sales of crude will more than double this year and rise sharply this decade, as oil majors deliver more of their output to…
BRASILIA – The Brazilian government announced on Tuesday a debt renegotiation program for debtors owing it 150 billion reais ($29.9 billion) in legal disputes and controversies over tax payments. The…
BRASILIA – Industrial production in Brazil rose in March, but ended the first quarter with a negative print, highlighting the challenges for the sector amid problems in global chains and…
By Eduardo Simões and Lisandra Paraguassu SAO PAULO – Brazilian right-wing President Jair Bolsonaro and his main rival, former leftist President Luiz Inacio Lula da Silva, staged competing rallies on…
(Reuters) – Brazilian lender Itau Unibanco said on Friday it has acquired an 11.36% stake in brokerage XP Inc for around 8 billion reais ($1.61 billion). The deal does not…
(Reuters) – Brazil’s lower house approved on Wednesday a measure that makes permanent the 400 reais ($80.58) Auxilio Brasil monthly welfare program for families in poverty situations, months ahead of…
(Reuters) – Brazilian miner Vale SA approved a share buyback program of up to 500 million common shares to be carried out over the next 18 months, the company said…
By Letícia Fucuchima SAO PAULO – JBS SA announced on Tuesday the creation of a business unit for renting electric trucks to distribute refrigerated cargo to retailers, helping the Brazilian…
By Gabriel Burin BUENOS AIRES – Brazil’s economy has entered a phase of stagnation that will persist next year as unrelenting inflation curtails consumer spending and policymakers struggle to find…
BRASILIA – Brazil’s central bank said on Wednesday it would resume data release that were suspended due to a strike by its employees, including a weekly survey seen as critical…
(Reuters) – Brazilian cash-and-carry chain Assai reported on Tuesday first-quarter net revenue of 11.443 billion reais ($2.45 billion), 21.1% above the same period from 2021. The figure reflects the high…
SAO PAULO – Brazilian planemaker Embraer SA said on Tuesday it has delivered 14 jets in the first quarter of 2022, including six commercial and eight executive planes, and that…