President Jair Bolsonaro said on Monday there is a 99% chance that Rio de Janeiro will host Formula One's Brazilian Grand Prix starting in 2021 -- the latest in a battle with Sao Paulo, the current host city.
Eike Batista, once the richest man in Brazil, has been fined around US$134 million for insider trading, the securities commission said on Monday as the ex-billionaire remains under house arrest pending an appeal against a 30-year jail sentence.