Markets in the UK and US have tumbled with analysts attributing the drop to growing fears of a global slowdown. The FTSE 100 saw its worst day of trading this year, closing 2% lower. In the US, the three main indexes ended between 1.9% and 2.5% lower.Add your comment!
Brazilian stocks fell sharply on Friday as the arrest of the country’s former president, Michel Temer, sparked worries that government debate over key fiscal reforms may be delayed.1 comment
Brazil's Petrobras is re-evaluating a preliminary deal with China National Petroleum Corporation (CNPC) to build an oil refinery in the state of Rio de Janeiro, Brazilian economic newspaper Valor Economico reported on Thursday, citing a source from Petrobras’ management.Add your comment!
Executives at Vale SA, the world's largest iron ore miner, quashed efforts by Brazilian authorities to audit one of the company's mining dams months before it collapsed and killed over 300 people, a state prosecutor was quoted as saying by news website G1 on Wednesday.Add your comment!
Privately owned Brazilian agribusiness group Itaquere has filed for bankruptcy protection to restructure 482 million reais (US$ 127 million) of debt, according to a letter from management reported in the media.Add your comment!
Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec earlier this month.Add your comment!
Chinese President Xi Jinping arrived in Rome at the start of a whistle stop European tour amid growing Western unease over the economic giant's new Silk Road project. Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative, the first G7 member to do so.Add your comment!
South American countries on Friday launched the Forum for the Progress of South America (Prosur), a new regional bloc which seeks the “integration and strengthening of the region.”7 comments
A Brazilian appeals court will decide on Wednesday whether to grant a request for the release of former President Michel Temer, a judge at the court said on Friday. Judge Ivan Athié said that the Regional Federal Court of the 2nd Region (TRF-2) will decide on the petition by Temer's defense.1 comment
Politicians including First Minister Nicola Sturgeon are to join thousands of Scots on a march in London to demand a second Brexit referendum. Bus-loads of protesters travelled through the night from across Scotland for the People's Vote event.1 comment