United States

Wednesday, June 27th 2018 - 08:26 UTC
Brazilian shares recover cautiously; Central bank absent from the foreign exchange market

After trading lower for a good part of Tuesday's session, the Ibovespa closed higher for the third consecutive day (+0.64%), to 71,404.59 points, driven mainly by the shares of Petrobras and Vale. The improvement in the U.S. stock markets also helped to recover the benchmark stock index in Brazil, although concerns remain about a world trade war.
Tuesday, June 26th 2018 - 09:06 UTC
Petrobras agrees to pay US$ 3bn in reparations to US investors

Brazilian state oil company Petrobras announced Monday that it would pay almost 3 billion U.S. dollars in reparations to U.S. investors who were harmed by the corruption ring within the firm. Brazil's largest company was sued in a class action lawsuit, which was approved on June 22 by a federal court in New York.
Tuesday, June 26th 2018 - 08:46 UTC
Pence visits Brazil: children separated from parents and Venezuela refugees in the agenda

President Michel Temer will press U.S. Vice President Mike Pence during his two-day visit to Brazil on cases of Brazilian children separated from their parents upon trying to enter the United States, a Brazilian diplomat said on Monday.
Tuesday, June 26th 2018 - 08:22 UTC
Latam stocks and currencies hit by global trade disputes

Latin American stocks and currencies mostly fell on Monday as the trade dispute between the United States and other leading economies worsened, but central bank intervention kept the Brazilian real steady.
Tuesday, June 26th 2018 - 08:16 UTC
Brazilian soybeans expected to benefit from US-China trade war

The country that could indirectly benefit from the intensifying US-China trade war is Brazil, which finds itself in a strategic position to increase its market share of soybean exports to China.
Monday, June 25th 2018 - 08:13 UTC
EU imposes retaliatory tariffs on US goods: bourbon, motorcycles, orange juice

The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump's trade policy. The duties on €2.8bn worth of US goods came into force on Friday. Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.
Friday, June 22nd 2018 - 08:57 UTC
US/China trade dispute: Beijing says US suffers of a “symptom of paranoid delusions”

U.S. protectionism is self-defeating and a “symptom of paranoid delusions” that must not distract China from its path to modernization, Chinese state media said on Friday. China has stepped up its war of words with the United States since President Donald Trump threatened on Monday to hit US$ 200 billion of Chinese imports with 10% tariffs if China retaliates against his previous targeting of US$ 50 billion in imports.
Thursday, June 21st 2018 - 12:16 UTC
Trump signs executive order ending policy of separating immigrant families

Following days of fierce global criticism, President Donald Trump signed an executive order to end his policy of family separations along the U.S.-Mexico border. Trump signed the order on Wednesday, saying he “didn’t like the sight or the feeling of families being separated.”
Wednesday, June 20th 2018 - 09:12 UTC
Kim in China underlines “friendship, unity and cooperation” with Beijing

Kim Jong Un declared North Korea's unstinting “friendship, unity and cooperation” with Beijing during his third visit to China this year, in a show of loyalty to his main ally following a landmark summit with US President Donald Trump.
Wednesday, June 20th 2018 - 08:37 UTC
General Electric loses its place in the Dow Jones average after more than 100 years

General Electric is losing its place on the Dow Jones Industrial Average after more than 100 years in a move that reflects a fall in the firm's fortunes and changes to the US economy. Walgreens Boots Alliance is to take its spot on the financial index, which tracks shares of 30 companies deemed representative of the US economy. The change takes effect on 26 June.