Last Updated: Tuesday, January 13, 2015, 22:51
Japanese videogame giant Nintendo says it is hitting the pause button on operations in Brazil and will leave Latin America`s largest market while it assesses how to deal with high import taxes.
Last Updated: Saturday, January 10, 2015, 00:11
Inflation in Brazil hit 6.41 percent in 2014, marginally below a government ceiling of 6.5 percent but still the highest annual figure since 2011, the National Statistical Institute (IBGE) said Friday.
Last Updated: Friday, January 9, 2015, 11:58
Brazil`s state-run oil company Petroleo Brasileiro SA and its Indian partners have found more light crude oil in the Sergipe Basin off Brazil`s Northeast coast, according to a securities filing on Thursday.
Last Updated: Wednesday, January 7, 2015, 04:24
Workers at Volkswagen`s Brazilian plant at Sao Bernardo do Campo near Sao Paulo began an open-ended strike Tuesday to protest 800 layoffs, their union said.
Last Updated: Tuesday, January 6, 2015, 02:32
Brazil posted its first annual trade deficit in 14 years on Monday, as bad news piled up for the once-booming Latin American giant, the world`s seventh biggest economy.
Last Updated: Tuesday, January 6, 2015, 02:24
Brazil`s new Finance Minister Joaquim Levy on Monday targeted fiscal discipline and spending cuts to return the world`s seventh largest economy to growth and attract faltering investment.
Last Updated: Wednesday, December 31, 2014, 10:50
Brazilian state-owned oil giant Petrobras is temporarily blacklisting top construction firms linked to a multimillion-dollar graft scandal pending the outcome of an investigation.
Last Updated: Tuesday, December 30, 2014, 02:39
After enduring a fourth year of low growth, Brazil will miss its fiscal target for 2014 by a wide margin, its central bank said Monday.
Last Updated: Thursday, December 18, 2014, 09:59
The chief executive of Brazil`s state oil giant Petrobras said Wednesday that she will not resign despite the corruption scandal shaking the company and the ruling Workers` Party.
Last Updated: Wednesday, December 17, 2014, 19:25
The World Trade Organization will set up a panel to settle a complaint brought by the EU against Brazil over what it sees as protectionist taxes that discriminate against imports, a source said Wednesday.
Last Updated: Friday, December 5, 2014, 20:16
Brazilian prices rose 0.51 percent in November and the 12-monthly inflation figure rose to just above a government target of 6.56 percent, the National Statistical Institute (IBGE) said Friday.
Last Updated: Thursday, December 4, 2014, 10:00
Brazil`s central bank on Wednesday raised its key interest rate by 50 basis points to 11.75 percent, surprising many analysts who had expected a rise of just a quarter percentage point.
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