US would handle an extradition request for Brazil’s Bolsonaro ‘expeditiously’ – official
WASHINGTON (Reuters) – A senior U.S. official declined on Wednesday at a Senate hearing to comment on the status in the United States of former …
brazil’s
Brazil’s Lula, citing war, will not visit Russia or Ukraine
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Tuesday he will not visit Russia or Ukraine due to the ongoing war …
French retailer Casino selling down stake in Brazil’s Assai
PARIS (Reuters) -Casino on Tuesday launched a sale of shares in Brazilian supermarket chain Assai as the French supermarket operator presses on with cutting its …
Brazil’s Natura swings to loss as revenue shrinks across cosmetics lines
SAO PAULO (Reuters) – Brazilian cosmetic maker Natura & Co on Monday reported a fourth-quarter net loss of 890.4 million reais ($169.7 million), as it …
Brazil’s Senate set to approve invitation for central bank chief’s hearing
BRASILIA (Reuters) – Brazil’s Senate Economic Affairs Committee (CAE) is expected to agree on Tuesday to invite Central Bank Governor Roberto Campos Neto to testify …
Brazil’s government to compensate states $5.2 billion for cut in state tax ICMS
BRASILIA (Reuters) – Brazil’s Finance Minister, Fernando Haddad, announced on Friday that the federal government will provide compensation of 26.9 billion reais ($5.2 billion) to …
Brazil’s RD posts 47% increase in Q4 adjusted net profit
SAO PAULO (Reuters) – Brazilian pharmacy chain RD SA, Raia Drogasil, posted on Tuesday a 47% jump year-over-year in fourth-quarter adjusted net profit to 301.1 …
Brazil’s Finance Ministry has finalized proposal for new fiscal framework, says Haddad
BRASILIA (Reuters) – Brazilian Finance Minister Fernando Haddad said on Monday that his ministry has finalized its contribution to the design of the country’s new …
Brazil’s Nubank appoints former Meta executive to board
(Reuters) – Brazilian digital lender Nubank said on Monday it had expanded its board to add David Marcus, former digital wallet executive at Meta Platforms …
Brazil’s Bolsonaro says ‘mission still not over’ in speech to US CPAC
NATIONAL HARBOR, Maryland (Reuters) – Former Brazilian President Jair Bolsonaro said on Saturday his mission was “still not over” after leading Latin America’s largest country …
Brazil’s work on new fiscal framework to end this week, says finance minister
(Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday the ministry plans to finish working on a new fiscal framework this week and present …
Brazil’s Ambev sees higher costs in 2023 as Q4 net profit rises 36%
SAO PAULO (Reuters) – Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to …
Brazil’s Americanas execs omitted info to audit committee, local media reports
SAO PAULO (Reuters) – The management of troubled Brazilian retailer Americanas SA denied the existence of the financial operations that led to an accounting scandal …
Brazil’s Haddad says high interest rate is country’s main issue
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday that the country’s high interest rate is the primary obstacle to economic growth, adding …
Brazil’s Amazon must be protected to reach global climate goal, U.S. envoy says
By Jake Spring and Lisandra Paraguassu BRASILIA (Reuters) – The world cannot meet its climate goal to limit global temperature rise to 1.5 degree Celsius …
Brazil’s public sector gross debt down to 73.1% of GDP in January
BRASILIA (Reuters) – Brazil’s gross debt continued its downward trajectory in January, while the consolidated public sector recorded a strong primary surplus, showed central bank …
Brazil’s jobless rate drops to 7.9 pct in quarter through December
RIO DE JANEIRO (Reuters) – Brazil’s jobless rate fell to 7.9 percent in the three months through December, statistics agency IBGE said on Tuesday, below …
Brazil’s Haddad says central bank nominees not to be disclosed this week
BRASILIA (Reuters) – Brazil Finance Minister Fernando Haddad told reporters on Monday that the names to head two top central bank positions would not be …
Brazil’s central govt tops expectations with record January budget surplus
BRASILIA (Reuters) – Brazil’s central government posted a better-than-expected primary budget surplus in January on the back of record tax revenues, Treasury data showed on …
Brazil’s economic activity rises 2.9% in 2022
BRASILIA (Reuters) – Brazil’s economic activity increased by 2.9% in 2022, according to a central bank index released on Thursday, boosted by the services sector …
Brazil’s Campos Neto: not the time for experiments, but to improve credibility
BRASILIA (Reuters) – Brazilian central bank governor Roberto Campos Neto said on Tuesday the country is not at a moment when “it would be good …
Brazil’s Carrefour Brasil posts 28% drop in Q4 adjusted net profit
SAO PAULO (Reuters) – Carrefour Brasil reported on Monday its fourth-quarter adjusted net profit decreased 28.2% from a year earlier to 550 million reais ($106.19 …
Brazil’s services activity hits record high in December
By Camila Moreira and Rodrigo Viga Gaier SAO PAULO/RIO DE JANEIRO (Reuters) – Services activity in Brazil grew more than expected in December and reached …
Deforestation in Brazil’s Amazon falls in first month under Lula
SAO PAULO (Reuters) – Deforestation in Brazil’s Amazon rainforest fell in January from a year earlier, satellite data showed on Friday, in the first monthly …
Americanas accounting scandal was a ‘fraud,’ says CEO of Brazil’s Itau
SAO PAULO (Reuters) – The chief executive of Brazil’s biggest private lender Itau Unibanco said on Wednesday that the accounting inconsistencies that led retailer Americanas …
Brazil’s govt not planning to push for cenbank chief swap, senator says
SAO PAULO (Reuters) – Brazilian Senator Randolfe Rodrigues, the government leader in Congress, said on Wednesday there was no government guidance regarding replacing central bank …
Brazil’s govt not planning to push for cenbank chief swap, senator says
SAO PAULO (Reuters) – Brazilian Senator Randolfe Rodrigues, the government leader in Congress, said on Wednesday there was no government guidance regarding replacing central bank …
Brazil’s auto production, sales fall in January as demand slows
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from automakers association Anfavea showed on …
Lula says ‘no explanation’ for Brazil’s current interest rate levels
RIO DE JANEIRO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday there was “no explanation” for the country’s high interest rates, …
Brazil’s government eyes raising income tax exemption in 2023
By Marcela Ayres BRASILIA (Reuters) – Newly elected Brazilian President Luiz Inacio Lula da Silva is considering an income tax exemption for workers who earn …
Brazil’s Americanas board to remove top executives after accounting scandal
SAO PAULO (Reuters) – Brazilian retailer Americanas SA said on Friday its board had decided to remove three directors and three executives amid investigations over …
Brazil’s finance ministry to back minimum wage increase starting in May -sources
By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to raise the minimum wage as …
Brazil’s police carry out fresh raids as part of Jan. 8 riots probe
BRASILIA (Reuters) – Brazil’s federal police on Friday carried out fresh raids as part of a probe into the Jan. 8 insurrection, when supporters of …
Brazil’s Americanas requests financing of at least $197 million -filing
(Reuters) – Brazilian retailer Americanas SA has requested debtor-in-possession financing of at least 1 billion reais ($197.12 million) as part of its bankruptcy process, according …
Brazil’s Finance Ministry not discussing changes to inflation targets
BRASILIA (Reuters) – Brazil’s economic policy secretary Guilherme Mello said on Tuesday that discussions on changing inflation targets were not on the agenda of the …
Brazil’s 2022 gross debt falls to lowest level in more than 5 years
BRASILIA (Reuters) – Brazil’s government debt as a share of gross domestic product ended 2022 at its lowest level in more than five years, central …
Brazil’s central govt posts 54.1 billion reais surplus in 2022, first in 9 years
BRASILIA (Reuters) – Brazil’s central government reported its first primary budget surplus in nine years, driven by record revenues, but which does not pave the …
Brazil’s central bank to keep wary stance against govt flak: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will keep a wary stance next week against strong criticism from recently elected President Luiz …
Brazil’s Lula proposes Mercosur trade deal with China after EU accord
(Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Wednesday that he favored an agreement between Mercosur and China in a plan to modernize …
Brazil’s economy to stay weak amid doubts over Lula’s spending push: Reuters poll
By Gabriel Burin and Valentine Hilaire BUENOS AIRES/MEXICO CITY (Reuters) – Brazil’s slowing economy will likely remain weak in 2023 as a planned spending drive …
Investor group requests arbitration against Brazil’s Americanas and 3G Capital
By Carolina Pulice (Reuters) – A group of investors requested a collective arbitration against troubled Brazilian retailer Americanas SA and 3G Capital at the Brazilian …
Brazil’s Lula says intelligence services failed ahead of Brasilia riots
By Ricardo Brito BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Wednesday his intelligence services had failed on Jan. 8, when …
Brazil’s BTG gets court decision reversing part of Americanas’ protection from creditors
SAO PAULO (Reuters) – Brazilian bank BTG Pactual obtained a court decision on Wednesday overturning part of Americanas SA’s protection from creditors, according to court …
Brazil’s Supreme Court orders arrest of Bolsonaro’s ex-justice minister, source says
BRASILIA (Reuters) – Brazilian Supreme Court Justice Alexandre de Moraes has ordered the arrest of former Justice Minister Anderson Torres, who served under former President …
Brazil’s Eletrobras probes collapse of transmission towers – sources
SAO PAULO (Reuters) – Brazilian energy company Eletrobras is investigating whether the collapse of two transmission towers were related to anti-government riots in Brazil on …
Brazil’s Petrobras to cut natural gas prices by 11.1%
SAO PAULO (Reuters) – Brazilian state-run oil company Petrobras will cut natural gas prices by an average 11.1% starting Feb. 1, it said on Tuesday …
Biden invites Brazil’s Lula to visit Washington in early February
WASHINGTON (Reuters) – U.S. President Joe Biden invited Brazil’s President Luiz Inacio Lula da Silva to visit Washington in early February, the White House said …
Brazil’s Bolsonaro hospitalized in U.S. with intestinal discomfort
RIO DE JANEIRO (Reuters) -Brazil’s former President Jair Bolsonaro was admitted to a hospital in Florida with intestinal discomfort due to a stabbing he suffered …
Brazil’s Bolsonaro hospitalized in the U.S. with abdominal pain – report
SAO PAULO (Reuters) – Former Brazilian President Jair Bolsonaro was admitted to a hospital in Orlando, Florida, with “abdominal pain,” newspaper O Globo reported on …
Brazil’s soybean harvest off to slow start -AgRural
SAO PAULO (Reuters) – Harvesting of Brazil’s 2022/2023 soybean crop had reached 0.04% of the national planted area on Thursday last week, compared with 0.2% …