Brazil

• Saturday, May 4th 2019 - 09:56 UTC

  Brazil and Argentine currencies recover against a weaker US dollar

  

  Latin American currencies ended on a high note on Friday against a weaker dollar after robust U.S. jobs data painted a brighter picture for global growth and gave the U.S. central bank more reason to stay on its dovish path.

• Saturday, May 4th 2019 - 09:54 UTC

  Brazilian industrial production down 1.3% in March and 6.1% from a year ago

  

  Brazil’s industrial production fell 1.3% in March from the month before, statistics agency IBGE said on Friday, a steeper fall than economists had expected and another indication of the economy’s sub-par performance in the first quarter.

• Saturday, May 4th 2019 - 09:53 UTC

  Bolsonaro cancels trip to New York where he was to be honored as “Person of the Year”

  

  Brazil's President Jair Bolsonaro has cancelled a planned trip to the United States after protests from gay rights and environmental campaigners. Mr Bolsonaro was due to attend a ceremony in his honor in New York later in May organized by the Brazilian-American Chamber of Commerce.

• Friday, May 3rd 2019 - 11:46 UTC

  Latin American currencies softened against a strong US dollar following the Fed's two days meeting

  

  Latin American currencies softened against a stronger U.S. dollar on Thursday, a day after the U.S. Federal Reserve kept interest rates steady, while most regional stock markets broadly fell along with their global peers.

• Friday, May 3rd 2019 - 09:17 UTC

  Ford agreement with workers for a friendly shutdown of its historic plant in Sao Paulo

  

  Ford Motor Co said it had reached an agreement with the workers’ union at a historic Brazil plant it plans to shutter by the end of the year, paving the way for a friendly shutdown or potential takeover by a local buyer.

• Friday, May 3rd 2019 - 09:14 UTC

  Chevron completes purchase of controversial Petrobras refinery in Houston

  

  Chevron Corp completed a US$ 350 million purchase of a refinery in the Houston suburb of Pasadena, Texas, from Brazil’s Petrobras, Chevron said in a statement. The sale was agreed to in January, but Chevron put the transfer of the 112,229-barrel-per-day plant’s ownership on hold on April 2, telling Petrobras it had to prove the refinery would operate as promised.

• Friday, May 3rd 2019 - 09:10 UTC

  Agricultural machine makers anxiously waiting for Brazil's new farm credit package

  

  Uncertainty surrounding Brazil’s new farm credit package is worrying executives from the world’s largest agricultural machine makers since a delay on the definition of the program could hurt their sales.

• Friday, May 3rd 2019 - 09:00 UTC

  Huawei launches its Smartphone line in Brazil targeting the premium segment

  

  China’s Huawei Technologies Co Ltd launched two high-end smartphone handsets in Brazil, making its second attempt to penetrate the world’s fourth-largest smartphone market, broadening its footprint in Latin America.

• Friday, May 3rd 2019 - 07:28 UTC

  Emirates code-share partnership with LATAM Brazil on 17 Brazilian routes

  

  Emirates has announced a new code share partnership agreement with LATAM Airlines Brazil covering domestic services in Brazil, providing greater choice and connectivity to its customers.

• Tuesday, April 30th 2019 - 09:58 UTC

  Brazil's central government finances tend to improve

  

  Brazil’s central government’s primary budget deficit narrowed in March thanks to aggressive cuts in discretionary spending, the Treasury said on Monday, although it warned that public finances were still at risk from pension commitments and weak revenues.