Brazil

• Monday, August 12th 2013 - 18:03 UTC

  Brazil urged for agreement with EU, since next year it will lose trade preferences

  

  Brazil, Latin America‘s biggest economy, is planning to try to negotiate a separate trade deal with the European Union, Foreign Minister Antonio Patriota said in remarks published Monday.

• Monday, August 12th 2013 - 01:09 UTC

  Brazil to auction Rio do Janeiro and Belo Horizonte airports concessions

  

  An auction to privatize airports in Rio and Belo Horizonte, two host cities for the 2014 World Cup, will be held on October 31, Brazilian authorities have announced.

• Sunday, August 11th 2013 - 22:06 UTC

  Port facilities in Santos and the state of Para will be auctioned next November

  

  Brazil's government is expecting 3 billion Brazilian Reais (1.3 billion dollars) in new investments with the leasing of facilities at its ports in the states of Para and Santos, Sao Paulo, said government officials.

• Sunday, August 11th 2013 - 21:53 UTC

  Changes ahead for Brazil’s benchmark Bovespa stock index BVSP

  

  Brazil's 45-year-old benchmark Bovespa stock index BVSP could be subject to changes in its structure for the first time to better reflect new trends facing the country's economy, financial bourse BM&FBovespa SA announced last week.

• Sunday, August 11th 2013 - 21:36 UTC

  Honda to build a second assembly plant in Sao Paulo operational by 2015

  

  Japanese automaker Honda plans to build a new assembly plant in the Brazilian state of Sao Paulo with an annual capacity of 120,000 units, the company said.

• Sunday, August 11th 2013 - 21:19 UTC

  Brazil’s Rousseff approval rating bouncing back; support for economic team remains ‘soft’

  

  President Dilma Rousseff’s approval rating gained six percentage points after diving in the wake of massive protests in Brazil, a poll published on yesterday showed. The number of Brazilians who consider Rousseff’s administration “great” or “good” was 36%, up from an all-time low 30% in late June.

• Saturday, August 10th 2013 - 16:18 UTC

  France’s Alstom paid millions in bribes to secure contracts in Brazil

  

  French power company Alstom paid millions of dollars in bribes to secure lucrative contracts in Sao Paulo state in 1998, a Brazilian newspaper reported this week. The Estado de Sao Paulo cited federal police documents as saying Alstom executives were among 10 people facing charges in connection with the scandal.

• Saturday, August 10th 2013 - 02:38 UTC

  Kerry arrives in Brazil on Tuesday to try and iron out strained relations over US spying

  

  The government of President Dilma Rousseff will raise the issue of US spying on Brazilian companies and individuals next week when US Secretary of State John Kerry visits Brazil.

• Saturday, August 10th 2013 - 02:04 UTC

  Corruption allegations in crucial Sao Paulo city reach Brazil’s main opposition party

  

  After the mensalão case rocked Brazil’s ruling party, it seems it’s now the turn of the Social Democrats (PSDB), the main opposition party. The Attorney General’s office and the police are investigating the allegations against the PSDB and if its leaders received kickbacks from a scheme involving the maintenance of train and metro lines in Sao Paulo.

• Friday, August 9th 2013 - 04:30 UTC

  Confederations Cup boosted international tourist income in Brazil to record levels

  

  The recent Confederations Cup football tournament helped boost international tourist income to Brazil to record levels in the first half of the year, according to the latest stats from the Brazilian Tourist Board, Embratur.