Brazil

Monday, February 10th 2020 - 08:30 UTC
Suspect of killing Rio city council shot dead in the north of Brazil

A suspect in the 2018 assassination of an outspoken Afro-Brazilian member of Rio de Janeiro's city council was shot dead on Sunday after he fired on police sent to arrest him, Brazilian authorities said.
Saturday, February 8th 2020 - 11:29 UTC
Freedom of expression and cybercrime case controversy in Brazilian court

A Brazilian judge indicted six people accused of hacking the phones of prosecutors in the country’s biggest corruption case on Thursday but held off “for now” on accepting cybercrimes charges against U.S. journalist Glenn Greenwald.
Friday, February 7th 2020 - 09:51 UTC
“Falklands much closer to Brazil after the second flight”, UK ambassador

The British ambassador to Brazil, Vijay Rangarajan, this week said the second flight will bring the Falkland Islands closer to Brazil, describing it as a potential engine to help drive links between the two countries.
Friday, February 7th 2020 - 09:49 UTC
Bolsonaro presents controversial bill opening indigenous lands mostly in the Amazon

Brazilian president Jair Bolsonaro introduced a controversial Bill that opens up indigenous lands, many of them in the Amazon, to mining, agricultural activities and hydraulic energy production. The conservative president described the measure, which still needs approval in Congress, as a “dream” while indigenous leaders have labelled it a “genocide Bill.”
Friday, February 7th 2020 - 09:37 UTC
Brazil approves quarantine rules for nationals returning from China

Brazil's lower house of Congress late approved a bill laying out rules for the quarantine of Brazilian nationals returning from China who may be infected with coronavirus, as well as other measures to combat the disease. The measures will be in force as long as the public health emergency declared by the World Health Organization is in place.
Friday, February 7th 2020 - 09:35 UTC
Brazil's development bank BNDES sells shares in Petrobras

Brazil's development bank BNDES sold US$5.2 billion in common shares it owned in state-controlled oil company Petrobras. The company priced the offering at 30 Reais per common share, a discount of 1.57% relative to Wednesday's closing price. BNDES sold 22 billion reais in shares.
Friday, February 7th 2020 - 09:35 UTC
Brazilian higher court for labor rules in favor of Uber: no employment relation between the company and drivers

A Brazilian higher court for labour ruled this week that there was no employment relationship between Uber and its drivers, siding with the ride-hailing company against a Sao Paulo driver. The federal judge in Brasilia ruled against recognizing an employer-employee link, arguing that Uber drivers can disconnect at any time from the app and have a flexible work schedule.
Thursday, February 6th 2020 - 08:17 UTC
Brazilian central bank cuts interest rate to 4.25%, but the easing cycle could be coming to an end

Brazil’s central bank intends to hold interest rates going forward to consider the impact of the record-breaking monetary easing cycle it concluded on Wednesday with a quarter-point cut.
Wednesday, February 5th 2020 - 07:18 UTC
Consolidation and a FPSO platform in Brazil's Campo Basin

Brazil’s PetroRio SA has acquired a floating oil and gas platform type FPSO OSX-3 for US$140 million and 80% of the Tubarão Martelo oil field where the vessel is located, the field’s previous owner Dommo Energia SA said.
Wednesday, February 5th 2020 - 07:15 UTC
Brazilian meat industry confident the situation in China will boost demand for Mercosur poultry and beef

Brazil’s meat industry association ABPA said a “perfect storm” of health and food security concerns in China promises to drive up demand for Mercosur meat, giving Brazilian meatpacker shares a boost.