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Google promises faster search with Chrome, Android browser

Last Updated: Thursday, June 11, 2015, 14:05

Technology giant Google on Thursday came out with a new feature of its Chrome and Android browser for smartphone users to access Web pages faster, which will be available in India and Brazil in the next two weeks.

Brazil unveils $64 bn infrastructure plan to spur growth

Last Updated: Tuesday, June 9, 2015, 21:09

Brazil announced a $64-billion infrastructure spending package on Tuesday, hoping to revive its flagging economy with investment in highways, railroads, ports and airports.

ONGC Videsh pulls out of Brazil's Poco-Verde oil block

Last Updated: Thursday, June 4, 2015, 21:55

ONGC Videsh Ltd has pulled out of Brazil's Poco-Verde oil block where a new light oil discovery was made earlier this week.

ONGC, Brazil's Petrobras discover oil off Sergipe's coast

Last Updated: Tuesday, June 2, 2015, 17:18

The discovery of light oil was made in well 3-SES-189 in BM-SEAL-4 deep water block off the coast of the northern state of Sergipe, Brazil's state-run Petroleo Brasileiro SA (Petrobras) said in a statement.

Petrobras and ONGC find new oil reservoir off Brazil's Sergipe

Last Updated: Tuesday, June 2, 2015, 09:21

Brazil`s state-run Petroleo Brasileiro SA discovered a new deposit of light oil in deep waters off the coast of the northern state of Sergipe, the company said on Monday.

Brazil unveils cuts as IMF urges fiscal discipline

Last Updated: Saturday, May 23, 2015, 04:02

The IMF urged Brazil to get its fiscal house in order to emerge from five years of low growth as South America`s largest economy Friday unveiled a package of budget cuts in a move to kickstart a recovery.

Mercedes cuts 500 Brazil jobs, 7,000 placed on leave

Last Updated: Thursday, May 21, 2015, 07:18

German vehicle manufacturer Mercedes Benz said Wednesday it had cut 500 jobs at its Brazilian plant in Sao Bernardo dos Campos near Sao Paulo and placed 7,000 workers on short-term leave.

China, Brazil unveil multibillion trade, investment deals

Last Updated: Tuesday, May 19, 2015, 23:55

Chinese Premier Li Keqiang lifted the wraps Tuesday on a multibillion series of trade and investment deals with Brazil, as Beijing looks to invest some $50 billion in South America`s largest economy.

Chinese PM Li Keqiang in Brazil to unveil $50 billion in investments

Last Updated: Tuesday, May 19, 2015, 23:00

Chinese Premier Li Keqiang began a three-day visit to Brazil on Tuesday where he was to unveil a $50 billion investment package during talks in Brasilia with President Dilma Rousseff.

Brazilian mining giant Vale posts $3.1 bn Q1 loss

Last Updated: Thursday, April 30, 2015, 17:48

The earnings report was more bad news for a company which had already lost $1.85 billion in the last three months of 2014.

Petrobras takes $17 bn charge in wake of scandal, promises ''normality''

Last Updated: Thursday, April 23, 2015, 09:28

Brazilian state-run oil company Petrobras reported its biggest-ever loss on Wednesday, the result of a 50.8-billion-real ($16.8 billion) write-down in the wake of a massive corruption scandal.

Brazil`s graft-hit Petrobras reports $7.2 bn loss in 2014

Last Updated: Thursday, April 23, 2015, 07:29

Brazil`s scandal-hit state oil giant Petrobras lost $7.2 billion last year, it said Wednesday, releasing its first audited account of the damage from a massive kickbacks scheme.