Tag: Brazil

• Monday, November 27th 2017 - 18:02 UTC

  Bayer takeover of Monsanto delayed 90 days by Brazil's antitrust agency Cade

  

  Brazilian antitrust agency Cade extended its deadline to review the takeover of Monsanto Co by Bayer AG by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year.

• Monday, November 27th 2017 - 12:16 UTC

  Brazil expects to harvest 111 million tons of soybeans in 2017/18 season

  

  Brazilian farmers are expected to collect 111 million tons of soybeans in the 2017/18 season, said consultancy firm Agroconsult, maintaining the same forecast it released in September.

• Saturday, November 25th 2017 - 23:32 UTC

  Brazilian president Temer, a political and medical survivor

  

  Brazilian President Michel Temer is recovering after undergoing a successful angioplasty in three coronary arteries. The Sao Paulo hospital that treated Temer said on Saturday that two stents were implanted during the procedure late Friday. The three arteries had 90-percent obstructions.

• Friday, November 24th 2017 - 09:36 UTC

  Temer presents a “softer” pension reform bill hoping for its quick approval

  

  A new version of Brazil’s unpopular pension reform bill presented on Wednesday would require fewer years of contributions by private sector workers to receive a pension, according a draft of the legislation that the government hopes will win approval in Congress.

• Tuesday, November 21st 2017 - 11:23 UTC

  Brazilian Federal Police has new chief who pledges “to leave aside vanity and thirst for power”

  

  A new boss took over Brazil's federal police on Monday despite criticism that he would block a probe into unpopular Brazilian President Michel Temer, who is being investigated by the force. Several Brazilian media outlets reported that Fernando Segovia's appointment was supported by government ministers also implicated in federal police investigations.

• Saturday, November 18th 2017 - 11:04 UTC

  Electronic visa program in Brazil for US, Japan, Canada and Australia visitors

  

  Visiting Brazil will soon become easier for international travelers under a new electronic visa program, starting on January 15. The entire visa process to tourists coming from the U.S., Canada, Australia and Japan will be doable online, and concluded within an estimated 72 hours.

• Saturday, November 18th 2017 - 09:25 UTC

  International operation to rescue Argentine submarine lost in the South Atlantic

  

  The Argentine navy has stepped up its search of the South Atlantic for a submarine with 44 crew on board that remains missing two days after its last communication on Wednesday. ARA San Juan was in the western south Atlantic some 432 kilometers from the Patagonian coast close to the San Jorge Gulf, when it sent its last signal on Wednesday midday, naval spokesman Enrique Balbi said on Friday.

• Friday, November 17th 2017 - 08:03 UTC

  Petrobras counts on pre-salt production to compete with a boom in US shale output

  

  Brazil's low-cost oil will help Petrobras compete in a tough market as it seeks to turn around its business, Pedro Parente, CEO of the state-owned oil giant anticipated. Oil majors such as Exxon, Mobil, BO, Royal Dutch Shell, Total and Statoil have been snapping up blocks in the Atlantic Ocean off the coast of Brazil that hold crude under thousands of meters of salt.

• Tuesday, November 14th 2017 - 10:39 UTC

  Temer anticipates cabinet reshuffle following a division in one of the ruling coalition's main parties

  

  Brazil’s President Michel Temer will start a cabinet reshuffle that should be completed in mid-December, his press office said on Monday without providing a reason for the change. he announcement came after the resignation on Monday of Bruno Araujo, head of the Ministry of the Cities, one of four ministries held by the centrist PSDB party in Temer’s government.

• Wednesday, November 8th 2017 - 10:14 UTC

  Temer insists social security reform bill will pass, despite all the opposition

  

  Brazilian president Michel Temer admitted that the social security reform bill may not be put to a vote, but underlined that even if that is the case, the federal government will not be shut down.