Brazil’s top footballers lean toward Bolsonaro in polarized race
By Gabriel Araujo SAO PAULO (Reuters) – A few days before Brazil’s first round of voting in this month’s general election, a 13-second TikTok video …
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Brazil’s economy seen in soft landing as private spending cools – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness …
Brazil’s Guedes says IMF overlooked inflation surge, praises Brazil for ‘acting early’
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes criticized the International Monetary Fund for failing to spot surging inflation, saying it led to “misguided” advice, …
Brazil’s Lula eyes flexible primary surplus target to replace spending cap
By Lisandra Paraguassu SAO PAULO (Reuters) – Economic advisers to Brazilian presidential candidate Luiz Inacio Lula da Silva are looking at two main ideas to …
Brazil’s Azul aims to increase flight routes by 30% in 2023, CEO says
By Aluisio Alves SAO PAULO (Reuters) – Brazilian airline Azul expects to expand its routes by 30% next year, with plans to add new slots …
Brazil’s Bolsonaro says ally Trump would have averted war in Ukraine
RIO DE JANEIRO (Reuters) – Far-right Brazilian President Jair Bolsonaro said in comments published on Friday that the war in Ukraine would not have happened …
Sembcorp secures $3 billion shipbuilding contract from Brazil’s Petrobras
(Reuters) -Singapore’s Sembcorp Marine said on Wednesday its unit secured a $3.1 billion contract to build a vessel from Brazilian oil and gas producer Petroleo …
Explainer-What to know about Brazil’s heated presidential election
By Gram Slattery RIO DE JANEIRO(Reuters) – Brazilians go to the polls on Sunday to vote in one of the world’s most closely watched elections …
Cops on Brazil’s campaign trail call for backup as violence spikes
By Gabriel Stargardter FLORIANOPOLIS, Brazil (Reuters) – The day after a Workers Party (PT) official was shot dead by a supporter of far-right Brazilian President …
Brazil’s Lula expects to reach trade agreement with EU in six months if elected
SAO PAULO (Reuters) – Brazilian presidential candidate Luiz Inacio Lula da Silva said on Wednesday he should reach an agreement on a trade deal between …
Brazil’s Atlas ‘superfoods’ business bolstered by capital market incursion
By Ana Mano SAO PAULO (Reuters) – Privately owned grain trader Atlas has raised 100 million reais ($19.39 million) in the local capital market so …
Brazil’s govt eyes new fiscal rule to increase spending from 2023
By Bernardo Caram BRASILIA (Reuters) – Brazil’s Economy Ministry is mulling a new fiscal rule that would allow government spending to grow above inflation depending …
Brazil’s economy minister Guedes says salaries can be increased
BRASILIA (Reuters) – Brazilian Economy Minister Paulo Guedes said on Tuesday that efficiency gains by the government will allow for salaries to be increased after …
Explainer-What is driving tensions ahead of Brazil’s presidential election?
By Anthony Boadle BRASILIA (Reuters) – Brazil will hold the most polarized presidential election in decades next month, with many expecting incumbent President Jair Bolsonaro …
Brazil’s Natura denies plan to spin-off, sell companies
SAO PAULO (Reuters) – Brazil’s Natura & Co Holding SA said on Thursday its board is not considering a spinoff of its Aesop cosmetics brand …
Brazil’s economic activity index beats forecast with 1.2% growth in July
BRASILIA (Reuters) – Economic activity in Brazil rose much higher than expected in July, a central bank index showed on Thursday, reinforcing forecasts for a …
Brazil’s currency seen trading in tight range ahead of election – Reuters poll
By Valentine Hilaire MEXICO CITY (Reuters) – Brazil’s currency is forecast to hover in a tight range in dollar-dominated trading this month as Brazilians prepare …
Brazil’s electoral authorities search former judge Sergio Moro’s home
SAO PAULO (Reuters) – Brazilian electoral authorities on Saturday morning carried out a search and seizure warrant at the home of Sergio Moro, a former …
Brazil’s govt to improve 2022 GDP forecast, says monetary policy won’t devastate economy
BRASILIA (Reuters) – Brazil’s Economy Ministry will improve its forecast for 2022 gross domestic product from the 2% growth seen in July, which is already …
Lula retains lead over Bolsonaro in Brazil’s election – poll
SAO PAULO (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva has retained his strong lead over incumbent President Jair Bolsonaro ahead of the …
Ex-Federal Police detectives criticize Brazil’s ‘authoritarian and illegal’ Supreme Court
By Gabriel Stargardter RIO DE JANEIRO (Reuters) -A group of retired Federal Police detectives has released a statement accusing members of Brazil’s Supreme Court of …
Brazil’s consumer prices fall on lower transportation costs
By Gabriel Araujo SAO PAULO (Reuters) – Brazilian consumer prices fell in the month to mid-August thanks to lower fuel prices on the back of …
Brazil’s Lula supports free elections in Venezuela
BRASILIA (Reuters) – Brazil’s Luiz Inacio Lula da Silva would like to see free elections in Venezuela and a democratic alternation of power like his …
Attacks on Brazil’s indigenous people rose sharply in 2021, report says
By Anthony Boadle BRASILIA (Reuters) – Attacks on Brazil’s indigenous people and invasions of their lands by illegal miners and loggers, mainly in the Amazon, …
Brazil’s Vale fined after comptroller general’s decision on Brumadinho disaster
SAO PAULO – Brazilian miner Vale SA was fined about 86.3 million reais ($16.82 million) after the country’s comptroller general decided the firm did not …
Brazil’s Eletrobras reports 45% drop in Q2 net profit
(Reuters) – Brazilian power company Eletrobras on Friday reported its second-quarter net income fell 45%, hit by the provision for losses in investments. In the …
Brazil’s Cosan posts $25 million Q2 net loss
SAO PAULO – Brazilian holding company Cosan SA on Friday reported a net loss in second quarter, as a higher interest rate raised its cost …
Brazil’s JBS Q2 profit falls almost 10%, but tops estimates
SAO PAULO – JBS SA , the world’s largest meatpacker, posted an almost 10% drop in net profits, to $766 million, driven by the relative …
Brazil’s BRF shares tumble after weak quarter
By Ana Mano SAO PAULO – Investors dumped shares in Brazilian food processor BRF SA on Thursday after a wider-than-expected quarterly loss partly attributed by …
Brazil’s Bolsonaro ‘not afraid to lose’ election, does not seek a coup
RIO DE JANEIRO – Brazil’s President Jair Bolsonaro on Monday denied that he has any intention of carrying out a coup if he loses October’s …
Brazil’s Raia Drogasil posts 48% increase in Q2 adjusted net profit
(Reuters) – Brazilian pharmacy chain Raia Drogasil SA posted on Friday a 48% increase on its second-quarter adjusted net profit. The company’s profit rose to …
Brazil’s Assai posts nearly 21% jump in quarterly profit
(Reuters) – Brazilian cash-and-carry chain Assai reported a 20.7% increase in second-quarter net profit, compared to the same period last year, to reach 319 million …
Brazil’s public debt rises 2.5% in June, interest rates keep soaring
BRASILIA -Brazil’s federal public debt grew 2.51% in June from the month before, and the average cost of domestic debt issuance kept soaring amid greater …
Bankers and business leaders say Brazil’s democracy in ‘grave danger’
SAO PAULO – Top Brazilian bankers and businessmen issued a letter on Tuesday in defense of Brazil’s electronic voting system that has been attacked by …
Brazil’s Simpar plans to enter US and European markets, says CEO
By Aluisio Alves SAO PAULO – Simpar, a holding firm for Brazilian logistics companies Movida, JSL and Vamos, is preparing to expand into the United …
Brazil’s biggest individual investor remains a buyer amid political uncertainty
By Paula Arend Laier SAO PAULO – One of Brazil’s most successful individual investors, Luiz Barsi, said he is continuing to buy shares in its …
Brazil’s growth spurt shadowed by concerns over spending plans – Reuters poll
By Gabriel Burin BUENOS AIRES – Brazil’s growth spurt this year has been overshadowed by worries about an increasing number of hastily put-together spending plans …
Brazil’s IBC-Br economic activity index falls in April after robust gain in March
BRASILIA – Brazilian economic activity kicked off the second quarter in a downturn, the central bank index showed on Thursday, losing steam in April after …
Brazil’s industrial output rises in May but below estimates
By Gabriel Araujo and Camila Moreira SAO PAULO – Industrial output in Brazil rose 0.3% in May from April, government statistics agency IBGE said on …
Brazil’s Lula says he will not tolerate threats against institutions
SAO PAULO – Former President Luiz Inacio Lula da Silva, who is leading in the polls for Brazil’s October presidential election, said on Saturday he …
Brazil’s fertilizer imports jump as farmers prepare to plant new crop
By Roberto Samora and Ana Mano SAO PAULO – Brazilian fertilizer imports in June jumped 18.6% and totaled 4.15 million tonnes, according to government data …
Brazil’s Senate approves aid package, lower house yet to vote
BRASILIA – Brazil’s Senate on Thursday approved a major pre-election aid package, sending the government-backed measure to the lower house. The measures are seen as …
CEO of Brazil’s Caixa under investigation for sexual harassment -local media
SAO PAULO – The chief executive of Brazil’s state lender Caixa Economica Federal, Pedro Guimaraes, is being investigated by the federal prosecutor’s office for sexual …
Brazil’s public debt rises 2.01% in May, interest rates reach 5-year highs
BRASILIA – Brazil’s federal public debt rose 2.01% in May from the month before, with the average costs of domestic debt issuance jumping to the …
Brazil’s Petrobras elects new CEO as fuel price pressures mount
By Rodrigo Viga Gaier and Rafaella Barros RIO DE JANEIRO – The board of directors of Brazil’s Petrobras elected Caio Paes de Andrade as its …
Brazil’s central bank aims for inflation ‘around’ 3.25% target in 2023
BRASILIA – Brazil’s central bank is aiming for inflation in 2023 “around” the 3.25% target but less than 4%, its chief, Roberto Campos Neto, said …
Brazil’s Economy Ministry tries to limit spending on fuel-related subsidies, sources say
By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas subsidies and a new …
Brazil’s central bank should take ‘assertive’ stance to curb inflation, director says
BRASILIA – An “assertive” action by the Brazilian central bank is necessary for inflation to converge to the government’s official target, the central bank’s director …
Brazil’s Vale to spend $400 million in 2022 to remove tailings dams
(Reuters) – Brazilian miner Vale SA expects to spend $400 million in 2022 to decommission its tailings dams, aiming to have 12 of its 30 …
Brazil’s Petrobras in talks to freeze fuel prices for 45 days -sources
RIO DE JANEIRO – Petrobras’ board of directors held discussions Friday over freezing fuel prices for 45 days, according to three sources with knowledge of …