Brazil

Monday, July 9th 2012 - 05:51 UTC
Brazilian Air Force delays for another six months bidding for huge contract

Brazilian Air Force has asked bidders to renew their offers on a contract to provide 36 next-generation fighter jets, extending for six months a race between US, French and Swedish contestants.
Saturday, July 7th 2012 - 05:27 UTC
Brazil June inflation lowest in two years helped with temporary tax breaks

Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.
Saturday, July 7th 2012 - 01:18 UTC
Faulty sensors and inadequate pilot training caused Air France Flight 447 tragedy

French investigators say faulty sensors and inadequate pilot training caused Air France's Rio-to-Paris 447 flight to crash into the Atlantic in 2009. Their final report caps a bitter row between the airline and Airbus.
Friday, July 6th 2012 - 07:32 UTC
Mexican president elect Peña Nieto wants a strategic alliance with Brazil

Mexican president-elect Enrique Peña Nieto said in an interview that his administration will step up efforts in South America to repair the country’s image, including seeking a strategic alliance with Brazil.
Friday, July 6th 2012 - 01:48 UTC
Brazil’s use of installed industrial capacity falls for a fourth consecutive month

Brazil's use of installed industrial capacity fell for a fourth consecutive month in May, alongside a decline in industrial sales during the period, Brazil's National Confederation of Industries, or CNI, said Thursday.
Friday, July 6th 2012 - 01:47 UTC
Singapore sovereign-wealth fund increasing investments in Brazil and Mexico

Temasek Holdings, Singapore's sovereign-wealth fund, is increasing its exposure to Brazil and the rest of Latin America because of the region's strong long-term growth prospects, the company said Thursday in a press release.
Friday, July 6th 2012 - 01:28 UTC
Big moves in Brazilian cement market to prevent further industry concentration

Brazil’ competition regulator Cade approved Brazilian industrial group Camargo Correa's June purchase of a controlling stake in Portuguese cement maker Cimpor, subject to several conditions.
Thursday, July 5th 2012 - 22:40 UTC
Brazil oil and gas production reached 2.78 million barrels equivalent per day

Brazilian oil and natural gas output rose 1.89% in May from April to 2.78 million barrels of oil and gas equivalent a day (boepd) as crude output from giant, new offshore fields increased, Brazil's oil agency ANP said on Thursday.
Thursday, July 5th 2012 - 00:11 UTC
The Army captain torturer-interrogator of Rousseff died in 1992 show documents

Army captain Benoni Albernaz head of an interrogators unit and one of the most vicious torturers of Brazilian president Dilma Rousseff, when she a student leader linked to the guerrilla movement died in 1992 according to O’Globo which published official documents from 1970.
Wednesday, July 4th 2012 - 06:19 UTC
Brazil’s bungled diplomacy infuriates President Rousseff

The crisis triggered by the removal of Paraguayan president Fernando Lugo has spilt over the borders of the country and has turned into a regional controversy that threatens to become a huge headache for Brazilian president Dilma Rousseff according to the weekly magazine Istoé, one of the two with largest circulation in Brazil.