Tag: Brazil

Wednesday, July 11th 2018 - 08:39 UTC
Brazilian court has received 146 habeas corpus petitions on behalf of Lula da Silva

A top Brazilian court has received 146 habeas corpus petitions on behalf of former President Luiz Inacio Lula da Silva following a dramatic back-and-forth between lower court judges over whether he should be released from jail.
Wednesday, July 11th 2018 - 07:00 UTC
Petrobras diversifies to renewables: signs MoU with Total's green arm

Brazilian state-run oil and gas company Petrobras has signed a memorandum of understanding (MoU) with French oil major Total SA and its green arm Total Eren SA for collaboration in renewable projects in Brazil.
Tuesday, July 10th 2018 - 07:08 UTC
Brazilian truckers strike had a strong impact on June inflation

Product shortages due to a truckers' strike lifted Brazil's inflation rate near the midpoint of the official target range in June, underlining the deep impact of the nationwide protests. Consumer prices tracked by the benchmark IPCA index rose 4.39% in the 12 months through June, government statistics agency IBGE said.
Monday, July 9th 2018 - 07:24 UTC
Lula loses another legal battle: appeals court blocks his release from jail

The chief justice of a Brazilian appeals court blocked another judge’s efforts to release imprisoned former president Luiz Inacio Lula da Silva on Sunday, in a legal battle over the country’s most popular politician ahead of an October election.
Friday, July 6th 2018 - 10:37 UTC
Brazil's labor minister suspended by the Supreme Court on fraud investigation

Brazil's labor minister was suspended Thursday by a Supreme Court justice as part of an investigation into fraud. Helton Yomura cannot enter the Labor Ministry's offices or have contact with its staff, said Joana Dantas, a ministry press officer.
Thursday, July 5th 2018 - 08:35 UTC
Brazil Investigation into medical equipment fraud; top GE official arrested

Brazilian police arrested a senior General Electric Co executive on Wednesday, as part of a sprawling investigation into fraud in medical equipment tenders overseen by health authorities in the state of Rio de Janeiro, police and prosecutors said.
Thursday, July 5th 2018 - 08:16 UTC
Brazil industrial production plummets in May on truckers strike

Industrial output in Brazil plummeted in May at the sharpest pace in a decade, highlighting the deep impact of a nationwide truckers' strike in the final weeks of that month. Production fell 10.9% from April, government statistics agency IBGE said on Wednesday, the largest decline since December 2008.
Thursday, July 5th 2018 - 07:07 UTC
Embraer-Boeing combined operations talks “complex” but ongoing

Embraer SA Chief Executive Officer Paulo Souza e Silva said the company is in the final stage of talks to combine operations with Boeing Co, newspaper Valor Economico reported on its website late on Wednesday. Souza e Silva, attending an event hosted by the paper, declined to elaborate on details of the agreement and described the negotiation as “complex.”
Wednesday, July 4th 2018 - 09:02 UTC
Brazilian ex-billionaire sentenced to 30 years in prison for corruption

A Brazilian businessman famous for amassing and then losing a multi-billion-dollar fortune has been convicted of corruption and money laundering and sentenced to 30 years in prison.
Wednesday, July 4th 2018 - 08:58 UTC
Lula ceases commenting the World Cup to avoid breaking election rules

Jailed former Brazil president Lula da Silva has decided to cease commenting on the World Cup for Brazilian television to avoid breaking election rules. The 72-year-old leftist politician was the front-runner for October's presidential elections until his incarceration in April after being convicted of accepting a bribe from Brazilian construction company OAS.