Brazil

Saturday, August 4th 2018 - 12:25 UTC
Ex Finance minister Meirelles joins the Brazilian presidential race

Henrique Meirelles, a former finance minister in unpopular President Michel Temer's government, joined Brazil's presidential race on Thursday, promising market reforms to rebuild the battered economy.
Saturday, August 4th 2018 - 11:41 UTC
Petrobras profits soar thirty fold in the second quarter helped by rising oil prices

Brazil’s Petrobras benefited from the rising oil prices and booked a thirty-fold yearly jump in its second-quarter net income, which also beat analyst expectations.
Saturday, August 4th 2018 - 09:27 UTC
Brazil's Workers Party have a Plan B to replace Lula: Fernando Haddad

Former Sao Paulo mayor Fernando Haddad will be the Brazilian leftist Workers Party’s presidential candidate if jailed former President Luiz Inacio Lula da Silva is barred from running in the October vote, party sources anticipated on Friday.
Saturday, August 4th 2018 - 09:11 UTC
Brazilian parties' nomination Saturday; Workers Party will insist with Lula

Brazil's ex president and currently jailed for corruption, Lula da Silva is expected to secure his Workers Party's nomination this Saturday and continue to overshadow more likely candidates in the country's most unpredictable presidential election for decades.
Friday, August 3rd 2018 - 09:32 UTC
Brazil central bank keeps interest rates at an all-time low

Brazil's central bank kept interest rates at an all-time low on Wednesday and downplayed a recent spike in inflation, suggesting no rate hikes in the immediate future. The effect of a nationwide truckers' strike on prices is likely to fade but will probably further slow a recovery in Latin America's top economy, the bank said, underscoring the outsized impact of the late-May protests.
Friday, August 3rd 2018 - 07:48 UTC
Falklands contrasting opinions on the Sao Paulo air link consequences

The Falkland Islands government preferred choice for a second commercial flight to the South American continent has met with contrasting opinions as to the practical and potential future consequences of the Sao Paulo destination.This was clearly expressed in the Letters chapter of the Penguin News. One of them comes from the FI Chamber of Commerce, and the second from the main importer of fresh produce to the Islands.
Friday, August 3rd 2018 - 07:24 UTC
Falklands: Sao Paulo as second commercial flight draws strong local response

The Falkland Island Government’s announcement of their preferred option for a second commercial flight between the Falklands and South America has been met with both applause and outrage, reports the latest edition of the Islands' weekly, Penguin News.
Thursday, August 2nd 2018 - 08:21 UTC
Winner of Math's' Nobel enjoys gold medal for fifty minutes, in crime-ridden Rio

One of the winners of the award known as the Nobel Prize for mathematics had his gold medal stolen minutes after it was given to him. Caucher Birkar, a Kurdish refugee turned Cambridge University math professor, was among four winners of the prestigious Fields Medal on Wednesday in Rio de Janeiro.
Wednesday, August 1st 2018 - 13:50 UTC
Facebook in Brazil cracks down on misinformation networks ahead of election

Facebook Inc on Wednesday took down a network of pages and accounts used by a right-wing Brazilian activist group, cracking down on what it called a misinformation network ahead of elections in October.
Wednesday, August 1st 2018 - 08:18 UTC
Brazil investigating collusion and price fixing at the fuel pump: largest distributors targeted

Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America’s largest oil producer.