Brazil

• Monday, August 13th 2018 - 21:13 UTC

  Brazil's development bank plans to sell US$ 2.6bn stakes in local companies

  

  Brazil's development bank BNDES plans to sell up to 10 billion reais (US$ 2.6 billion) in stakes its investment holding company owns in local companies, a senior executive announced. Investment director Eliane Lustosa said the holding company BNDESPar has already sold 6 billion reais in stocks owned in Brazilian companies this year.

• Monday, August 13th 2018 - 07:19 UTC

  UK embassy supporting program to help Brazil's energy goals

  

  As part of the UK Government’s Prosperity Fund, the British Embassy in Brazil is commissioning a study to assess various options for the governance structure of an Energy Centre to inform and support the Prosperity Fund Energy Program.

• Monday, August 13th 2018 - 06:29 UTC

  Brazil: Smartphones and tablets surpass Internet banking for the first time

  

  The mobile channel has surpassed Internet banking for the first time in Brazil, according to statistics from the Brazilian Central Bank.

• Saturday, August 11th 2018 - 09:37 UTC

  'K notebooks' corruption: companies won't be punished for what employees may have done

  

  The Argentine government will allow companies whose officials are named in a corruption probe to continue work on existing projects and to bid for new ones. Contracts will be honored and companies won’t be punished for what employees may have done, Transport Minister Guillermo Dietrich said in an interview in Buenos Aires.

• Friday, August 10th 2018 - 08:26 UTC

  Brazil farmers criticize law establishing minimum truck freight rates

  

  Brazil’s President Michel Temer signed into law a bill authorizing the government to set minimum truck freight prices, drawing criticism from farm groups who said the measures would drive up costs for food.

• Friday, August 10th 2018 - 06:51 UTC

  Brazil and Argentina markets hit by domestic and overseas uncertainties

  

  Major Latin American currencies fell against the dollar on Thursday as global trade tensions strengthened the greenback and political uncertainty in Brazil and Argentina. Latin America's largest economy heads into a presidential election in two months time and in Argentina a major corruption scandal is unfolding.

• Friday, August 10th 2018 - 06:36 UTC

  Another record year of murders in Brazil: 63.880 in 2017

  

  Brazil had a record number of murders last year, with homicides rising 3.7% from 2016 to 63,880 according to a study released on Thursday, just months before a presidential election in which violence has become a key issue.

• Friday, August 10th 2018 - 06:11 UTC

  Brazilian round of presidential candidates debate takes off...without Lula da Silva

  

  Brazil is staging its first presidential election debate with eight of the crowded field locking horns but also one notable absentee – jailed frontrunner ex president Lula da Silva. Thirteen candidates have officially entered the election, which starts with a first round October 7 and is almost sure to go to a run-off two weeks later.

• Thursday, August 9th 2018 - 20:33 UTC

  Brazil's auto exports tumble 21% in July over June: fingers point to Argentina weakness

  

  Brazil's auto exports tumbled 21% in July from a month ago, the country's automakers' association said on Tuesday, blaming a monetary crisis in neighboring Argentina for the shortfall and adding that it expects exports to be steady for the year, not higher as it had predicted before last month.

• Thursday, August 9th 2018 - 13:54 UTC

  Brazilian inflation in July slowing down

  

  Inflation in Brazil slowed for the first time in two months in July as the impact of a May nationwide truckers' strike dimmed, reinforcing the view that a recent price spike would not last long.