China's Sinopec will buy stakes in two Brazilian offshore blocks from state-run Petrobras, local media reported Wednesday, as part of a cooperation agreement to be signed during a visit by China's president to Brazil.
Leaders from the world's four biggest emerging economies --Brazil, Russia, India and China, arrived in Brasilia Wednesday for a two-day summit. It's the second summit of the so-called BRIC countries.
Brazil’s Rio de Janeiro's towering Christ the Redeemer statue and one of the city’s most iconic tourist attraction has been closed to the public after landslides that hit the city killing some 250 people and leaving thousands homeless.
Brazil and United States signed a military cooperation agreement Monday in the Pentagon, Washington that both sides underlined as an example of partnership and transparency for the Americas.
Canadian filmmaker James Cameron, director of “Avatar,” promised this week to “tell the world” about the opposition of Indians and peasants to the construction in the Brazilian Amazon of the world’s third-largest hydroelectric dam.
Brazil's soybean farmers will plant their highest-ever acreage next season, despite growing pest problems and soaring fertilizer and transport costs.
Increased success in second crops is behind the continued strength in Brazil's corn production despite a decline in plantings, the US Department of Agriculture has said.
Brazilian authorities evacuated thousands of shantytown residents Sunday so their houses could be demolished after heavy rains that killed at least 224 people last week threatened further landslides.
While rescuers raced against time amid fading hopes of finding survivors of a huge mudslide in the Rio do Janeiro area with over 400 people now feared dead in some of the worst flooding to swamp Brazil in decades, focus has turned on responsibility for the magnitude of the catastrophe.
A coalition of Brazilian opposition parties officially endorsed economist Jose Serra last Saturday as its candidate in October’s presidential elections under the slogan “Brazil can do better”.