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 …
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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. …
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(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) – …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …