BRASILIA (Reuters) – Brazil’s central bank employees said on Monday they would intensify work stoppages in protest of the government’s alleged failure to address career improvement demands, a move that…
BRASILIA (Reuters) – Brazil’s federal tax revenue fell for a third consecutive month in August, highlighting challenges faced by the government in improving public finances while relying on increased collection.…
(This Sept. 16 story has been corrected to say that the plane was a turbo-prop plane and not a jet in paragraph 1) By Steven Grattan SAO PAULO (Reuters) –…
BRASILIA (Reuters) – The Brazilian economy kicked off the third quarter with a stronger-than-expected pace, bolstering recent upward revisions in the country’s GDP growth forecast for 2023. The IBC-Br economic…
By Anthony Boadle BRASILIA (Reuters) – Since he returned to office in January, Brazil’s President Luiz Inacio Lula da Silva has traveled to 21 countries and met with more than…
SAO PAULO (Reuters) – Brazilian retailer Casas Bahia raised 622 million reais ($126.53 million) in a share offering, the company said on Thursday. Casas Bahia, formerly known as Via, priced…
By Gabriel Burin (Reuters) – Brazil’s inflation picked up slightly in August from July due to the finalization of a one-off discount on energy prices for residential users, a Reuters…
RIO DE JANEIRO (Reuters) – At least 39 people have died and nine remain missing after a cyclone battered Brazil’s southernmost state Rio Grande do Sul, flooding homes and swelling…
BRASILIA (Reuters) – Brazilian central bank chief Roberto Campos Neto said on Tuesday that the slower growth seen in China is not affecting commodity prices “that much.” Speaking at an…
SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which…
(Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Friday he will undergo hip surgery to treat chronic femoral pain by the end of September. Talking to supporters…
BRASILIA (Reuters) – Brazil’s lower house of Congress approved on Wednesday the main text for a project that extends a payroll tax exemption for 17 economic sectors for another four…
BRASILIA (Reuters) – Brazil’s Senate approved a bill on Wednesday night that introduces changes to tax trial rules, aimed at raising the bar for companies to win challenges to their…
By Lisa Pauline Mattackal (Reuters) – Insufficient government spending cuts, rising global interest rates and tighter liquidity place Brazil in a risky fiscal situation, a former governor of the central…
By Peter Frontini SAO PAULO (Reuters) -Brazilian meatpacker Marfrig has agreed to sell 16 slaughtering plants to rival Minerva for 7.5 billion reais ($1.54 billion) in a deal that will…
BRASILIA (Reuters) – Brazil’s central bank governor Roberto Campos Neto said on Saturday that the latest inflation data had worsened but underscored the bank’s non-reliance on singular index readings to…
(Reuters) – The former head of Brazilian retailer Americanas quit two weeks into the job because he had not expected to take over a bankrupt firm, he told Brazilian lawmakers…
BRASILIA (Reuters) – Brazil’s central bank director of international affairs Fernanda Guardado said on Tuesday policymakers are firmly dedicated to the current pace of rate cuts, after the bank flagged…
SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais ($40 million), blaming the country’s high interest rate for hitting…
SAO PAULO (Reuters) – Ford’s Brazilian unit on Friday said it reached a transfer agreement with the government of Bahia state to give it ownership of a factory complex closed…
By Gabriel Araujo SAO PAULO (Reuters) – Major helicopter manufacturers operating in Brazil expect a demand recovery in the second half of 2023 after a relatively slow first six months,…
BRASILIA (Reuters) – Brazil’s central bank Governor Roberto Campos Neto said on Thursday that improving public revenue would anchor inflation expectations in line with official targets, paving the way for…
By Gabriel Araujo SAO PAULO (Reuters) – Airbus would be open to sell a stake in helicopter maker Helibras to a potential strategic partner after it reached full ownership of…
BRASILIA (Reuters) – Brazil President Luiz Inacio Lula da Silva on Wednesday said that next week’s summit of Amazon region nations will seek to draw up a common policy for…
SAO PAULO (Reuters) – Industrial production in Brazil surprised economists with a small increase in June, but the positive figures are unlikely to prevent the central bank from kicking off…