Agricultural and fisheries production in Latin America and Caribbean is projected to expand by 17% over the next ten years, says a new report from the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization of the United Nations (FAO).
Brazil's benchmark Bovespa index jumped more than 1% on Wednesday in low-volume trading on the U.S. Independence Day holiday, while shares of Brazilian power utility Centrais Elétricas Brasileiras SA soared.
Brazilian police arrested a senior General Electric Co executive on Wednesday, as part of a sprawling investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro, police and prosecutors said.
Two British citizens are critically ill after they were exposed to Novichok, the same nerve agent that struck down a former Russian agent and his daughter in March, Britain’s top counter-terrorism officer said on Wednesday.
Industrial output in Brazil plummeted in May at the sharpest pace in a decade, highlighting the deep impact of a nationwide truckers' strike in the final weeks of that month. Production fell 10.9% from April, government statistics agency IBGE said on Wednesday, the largest decline since December 2008.
FIFA says it strongly rebukes comments made by its ambassador Diego Maradona criticising American referee Mark Geiger's handling of England's win against Colombia in the World Cup round of 16 on Tuesday. It's the third controversy involving the Argentina great at the World Cup, which he has mostly attended as a VIP guest of FIFA.
Embraer SA Chief Executive Officer Paulo Souza e Silva said the company is in the final stage of talks to combine operations with Boeing Co, newspaper Valor Economico reported on its website late on Wednesday. Souza e Silva, attending an event hosted by the paper, declined to elaborate on details of the agreement and described the negotiation as complex.
Theresa May’s government is more focused on its “internal negotiation” than talks on addressing the Irish border issue, Sinn Fein’s vice president has claimed. Michelle O’Neill said any return of physical infrastructure at the border between Northern Ireland and the Republic of Ireland after Brexit would be a security threat and have “serious implications” for business.
Jaguar Land Rover has warned that a bad Brexit deal would hit its profits and threaten its £ 80bn investment plans. The UK's biggest carmaker, owned by India's Tata Motors, said its heart and soul is in the UK.
In an unexpected move, Argentina’s Minister of Transportation Guillermo Dietrich announced that national administration will no longer set minimum prices for domestic airfares, starting on August 15.