Tag: Brazil

• Tuesday, March 13th 2018 - 09:20 UTC

  Brazil's speaker of the Lower House also wants to run for the presidency

  

  The speaker of Brazil’s lower house of Congress, Rodrigo Maia, said he will run for the presidency with a market-friendly platform advocating tax cuts and more efficient public spending. Maia’s preliminary nomination by his centre-right Democrats party, the main ally to President Michel Temer, must be formalized at a convention in late July.

• Monday, March 12th 2018 - 09:00 UTC

  Norwegian Air expands into domestic flights in Argentina and Brazil

  

  Norwegian Air Shuttle ASA plans to fly to Brazil from Argentina and London to boost its month-old operations in South America, Chief Executive Officer Bjorn Kjos said in an interview in Buenos Aires. The Scandinavian company has already received authorization from the Argentine government to operate flights to 13 Brazilian cities. Norwegian is evaluating flying in other Latin American nations, Kjos said, declining to give more details.

• Friday, March 9th 2018 - 09:48 UTC

  Brazil downplays latest chapter of the “Weak Flesh” investigation

  

  Brazil does not face any risks of countries instituting new bans on Brazilian meat imports after the latest phase of the “Weak Flesh” investigation into companies accused of committing fraud to avoid safety checks, Agriculture Minister Blairo Maggi said on Wednesday.

• Friday, March 9th 2018 - 09:08 UTC

  Open Skies agreement between Brazil and US: 30% surge in flights expected

  

  Brazil’s Senate on Wednesday approved an Open Skies agreement between Brazil and the United States that clears the way for a partnership between American Airlines Group Inc and LATAM Airlines Group. The treaty will be sent to President Michel Temer, who is expected to sign it into law.

• Wednesday, March 7th 2018 - 09:51 UTC

  “Weak flesh” reignites in Brazil's major food processor and world's largest poultry exporter

  

  Brazilian police arrested the former chief executive of major food processor BRF SA on charges that he and other executives knew the company, the world’s largest poultry exporter, engaged in fraud to evade food safety checks. Shares in BRF plunged 19% on the Sao Paulo stock exchange as the arrest compounded concerns about BRF’s leadership following a 1.1 billion Reais loss last year.

• Wednesday, March 7th 2018 - 06:36 UTC

  Lula closer to prison, but remains undisputed front-runner in the presidential election

  

  Former Brazilian President Lula da Silva is a step closer to prison. A panel of judges on Brazil’s Superior Court of Justice on Tuesday rejected Lula da Silva’s request for an injunction that would prevent him from being imprisoned as he appeals a corruption conviction.

• Saturday, March 3rd 2018 - 10:43 UTC

  Brazil back on the growth path in 2017 after two years of contraction

  

  Brazil's economy grew by a percentage point in 2017 after two years of contraction, government figures showed Thursday, confirming the South American giant's recovery from one of the worst recessions in its history. The agro-industrial sector led the way with 13% growth last year, trailed by the service sector, which showed 0.3% growth. Industrial output remained stable.

• Saturday, March 3rd 2018 - 10:39 UTC

  Prosecution wants Temer included in Odebrecht payments investigation

  

  Prosecutor general, Raquel Dodge, requested Brazilian Supreme Court justice, Edson Fachin, to include president Michel Temer in the list of those under investigation in an inquiry launched last year to determine Odebrecht's alleged payments to the Brazilian Democratic Movement (MDB) party in 2014.

• Saturday, March 3rd 2018 - 10:15 UTC

  Falklands second flight: interest from Brazil, Chile and Uruguay airlines

  

  The Argentine foreign ministry said on Thursday that several airlines from Brazil, Chile and Uruguay have expressed an interest in making proposals for scheduled flights to the Falkland/Malvinas Islands with stops in Argentine territory.

• Wednesday, February 28th 2018 - 10:00 UTC

  Brazilian presidential hopeful would support privatization of Petrobras

  

  The governor of Sao Paulo and likely centrist presidential candidate Geraldo Alckmin said that he would privatize Brazil's state-run oil company Petrobras if he wins the elections in October.