Brazil’s Economy Ministry on Monday raised its projection for the country’s trade surplus this year to US$56.7 billion from US$50 billion but warned that trade activity will decline due to slowing global economic growth.
Brazil's manufacturing sector ended the second quarter on a stronger footing, avoiding slipping into contraction territory in June and breaking a three-month run of slowing growth, a survey of purchasing managers' activity on Monday showed.
Rig builder Sembcorp Marine said on Wednesday that authorities had executed a search warrant on its shipyard in Brazil as part of an ongoing graft investigation, sending its shares sharply lower.
Brazilian Senate inquiry into the collapse of a Vale dam that killed nearly 350 people will recommend indictments of 14 people, including Vale executives, according to Brazil's official news service, Agencia Brasil, on Monday.
Brazilian President Jair Bolsonaro said on Sunday that it could take up to three years for the free-trade deal agreed by the European Union and Mercosur to come into force, as it depends on approvals by lawmakers of all countries involved.
Brazilian President Jair Bolsonaro called off a meeting on Saturday in Japan with Chinese counterpart Xi Jinping after his delegation was left waiting it was reported in the Brazilian media.
Thousands protested in Brazil on Sunday in support of Justice Minister Sergio Moro, who is battling claims he conspired with prosecutors on his anti-corruption drive to keep former leader Lula da Silva from another presidential run.
After months of joint investigations with the United States, Argentina last week made the largest weapons seizure in the country’s history. Details of the bust and transnational investigation are coming to light sparked by a couple of packages that caught the attention of customs officers in Miami last October.
The European Union and Mercosur reached on Friday a political agreement for an ambitious, balanced and comprehensive trade agreement. The EU is the first major partner to strike a trade pact with Mercosur, a bloc comprising Argentina, Brazil Paraguay and Uruguay.
More than half of Brazilians say they lack confidence in President Jair Bolsonaro, whose support has steadily eroded since winning a commanding victory in October’s election, according to an opinion poll released on Thursday.