Brazil’s WEG posts Q1 net profit up 38%, in line with forecasts
SAO PAULO (Reuters) – Brazilian motor maker WEG SA on Wednesday reported a first-quarter net profit of 1.3 billion reais ($257.29 million), up 38.4% from a year earlier and roughly…
SAO PAULO (Reuters) – Brazilian motor maker WEG SA on Wednesday reported a first-quarter net profit of 1.3 billion reais ($257.29 million), up 38.4% from a year earlier and roughly…
BRASILIA (Reuters) – Brazilian central bank Governor Roberto Campos Neto ruled out an imminent interest rate cut by emphasizing that the country’s benchmark rate for borrowing costs is appropriate for…
By Catarina Demony and Gabriel Araujo LISBON (Reuters) – Trying to lure back wary foreign investors, Brazil’s President Luiz Inacio Lula da Silva vowed on Monday to restore stability and…
SAO PAULO (Reuters) – Brazilian telecom firm Oi SA said late Friday it decided to postpone the release of its 2022 financial statements to May 22, after an expected presentation…
LISBON (Reuters) – Brazil’s Defence Minister Jose Mucio said on Friday his country’s planemaker Embraer SA would manufacture aircraft that meet NATO’s requirements in a partnership with Portuguese aerospace company…
BRASILIA (Reuters) – Brazil’s government announced a package of 13 measures on Thursday to ease consumer access to credit and reduce associated costs in the capital and insurance markets, a…
BRASILIA (Reuters) – Brazil’s Secretary of Economic Reforms Marcos Barbosa said on Thursday that the credit package announced by the government aims to strengthen the credit market in the long…
BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva’s top national security adviser resigned on Wednesday, the presidential palace said, amid a scandal related to the aide’s presence during the…
SAO PAULO (Reuters) – Industrial production in Brazil fell for the third consecutive month in February, government statistics agency IBGE said on Wednesday, with the sector still below pre-pandemic levels…
By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva drew criticism from the United States on Monday for his recent comments suggesting the West…
BRASILIA (Reuters) – Brazil’s government is working on additional revenue measures to be announced in the second half of this year, said Revenue Chief Robinson Barreirinhas on Monday, highlighting confidence…
ABU DHABI (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Sunday again proposed establishing a group of countries not involved with the Russia-Ukraine war to broker peace, saying…
By Gabriel Araujo and Rodrigo Viga Gaier RIO DE JANEIRO (Reuters) – Airbus SE hopes to propose partnerships with Brzil’s Embraer SA in defense and space in the medium term,…
(Reuters) – Brazil’s Finance Minister Fernando Haddad said on Thursday that the central bank has an opportunity to lower interest rates to help boost economic growth as fiscal and monetary…
By Anthony Boadle BRASILIA (Reuters) – President Luiz Inacio Lula da Silva departed Brazil on Tuesday for an official visit to China, where he aims to convince President Xi Jinping…
By Gabriel Araujo RIO DE JANEIRO (Reuters) – Brazilian planemaker Embraer SA aims to sign a deal for the sale of 20 commercial jets to a Chinese airline during President…
BRASILIA (Reuters) – Brazil’s government should revise the rules for increasing mandatory expenses and budget constraints before the end of the year, once reform of the tax system has been…
By Steven Grattan SAO PAULO (Reuters) – Deforestation in Brazil’s Amazon rainforest rose 14% in March from the previous year, preliminary official data showed on Friday, highlighting the continued challenges…
SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the country’s central bank has sent “several signs” that measures being taken by government to balance public accounts,…
SAO PAULO (Reuters) – Brazil’s jobless rate rose to 8.6% in the three months through February, statistics agency IBGE said on Friday, slightly below market expectations of 8.7%. The data…
BRASILIA (Reuters) – Brazil’s federal public debt grew 1.51% in February from the month before, the Treasury said on Wednesday, marked by a further increase in issuance costs. The total…
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the highly anticipated fiscal framework of the new government will be announced this week, following a concluding meeting…
BRASILIA (Reuters) – Brazil’s central bank monetary policy director Bruno Serra has left his position at his request, according to the official gazette on Monday, backdated to March 23, while…
By Marcela Ayres, Bernardo Caram and Luana Maria Benedito BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has agreed to nominate a financial market veteran and a public…
BRASILIA (Reuters) – Brazil’s President Luiz Inacio Lula da Silva will visit China this month accompanied by a delegation of 240 business representatives, including 90 from agriculture sector, a senior…