Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.
Brazil’s largest truck makers are expressing optimism again about the growth prospects for Latin America’s largest economy, even as the country continues to struggle to rebound from a deep recession that began in 2015.
The Falkland Islands Government and the British embassies in Argentina, Brazil, Chile and Uruguay have announced the winners of the 2019/2020 student competition to visit the Falkland Islands.
Deep in the Amazon forest, young couples looking to wed or baptize children often turn to Sister Alba, who fills in where Catholic priests cannot be found. But in many remote areas, there are not even enough nuns to go around, and it is laywomen who play a key role in the evangelization of indigenous people.
U.S. President Donald Trump and his top diplomat said on Thursday they supported Brazil’s taking steps toward joining the Organization for Economic Cooperation and Development (OECD), although it is first backing accession by Argentina.
Venezuela's state oil company PDVSA on Thursday denied accusations by Brazil that it was responsible for a massive oil spill that has polluted beaches on its northeastern Atlantic coast.
Brazilian planemaker Embraer SA will furlough almost 15,000 workers in January, a metalworkers union said on Thursday, ahead of a partial takeover by Boeing Co as part of a deal that still needs regulatory approval.
Brazil’s Senate will hold the second and final vote on pension reform on Oct. 22, party leaders agreed on Tuesday night after long discussions, according to Senator Antonio Anastasia of the Brazilian Social Democratic Party.
Large blots of oil that have turned up on more than 130 Brazilian beaches are “very probably” of Venezuelan origin, Brazil's environment minister said on Wednesday. The oil began appearing in early September and has been seen along a 2,000-kilometre stretch of the northeastern Atlantic coast - with around 130 tons of oil residue collected by Monday.
Brazilian consumer price inflation fell to its lowest in more than a year in September, official figures on Wednesday showed, a reading below the central bank’s target that is likely to strengthen expectations of another cut in interest rates.