India's coffee exports up 14% in April-August

Last Updated: Sunday, September 6, 2015, 13:05

In value terms, coffee exports rose about 12 per cent to Rs 2,414 crore in April-August 2015, from Rs 2,148 crore in the year-ago period, Coffee Board data showed.

Coffee exports decline 7.5% in July

Last Updated: Monday, August 31, 2015, 16:04

Coffee prices in international markets are under pressure due to production surplus in Brazil, the world's leading producer.

Brazil inflation hits 12-year high of 9.56%

Last Updated: Friday, August 7, 2015, 21:32

Brazil`s annual inflation rate climbed to 9.56 percent in July, the highest level since 2003, official data showed Friday.

Bradesco to acquire HSBC Brazil unit, biggest-ever buy

Last Updated: Tuesday, August 4, 2015, 04:31

Banco Bradesco SA agreed to buy HSBC Holdings Plc`s Brazilian unit for a surprisingly high 17.6 billion reais ($5.2 billion), narrowing the gap with larger rivals while boosting its base of affluent customers in Latin America`s largest economy.

HSBC exits Brazil as group profit falls

Last Updated: Monday, August 3, 2015, 21:08

HSBC has agreed to sell its Brazilian business to local group Banco Bradesco, the British banking giant announced Monday alongside news of a fall in net profits.

HSBC profits fall 3.8% in Q2, Brazil sell-off agreed

Last Updated: Monday, August 3, 2015, 16:29

HSBC announced Monday that net profit fell 3.8 percent in the three months to June, as the company agreed to sell its Brazilian business for $5.2 billion to Brazil`s Banco Bradesco.

Standard & Poor's cuts Brazil's outlook to negative

Last Updated: Wednesday, July 29, 2015, 11:29

US credit ratings agency Standard & Poor's (S&P) has lowered its forecast for Brazil's foreign currency debt from stable to negative while maintaining the country`s long-term rating at BBB-.

Videocon plans $2.5 billion Brazil oil and gas investments

Last Updated: Saturday, July 4, 2015, 08:54

Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group`s chief said, as part of its strategy to boost the business.

Xiaomi starts making smartphone in Brazil, first big step outside China

Last Updated: Wednesday, July 1, 2015, 05:29

With a move to expand outside Asia, leading Chinese smartphone maker Xiaomi has started making devices in Brazil for local sale.

BRICS bank to be operational by end of 2015: South Africa

Last Updated: Friday, June 26, 2015, 23:33

The emerging market BRICS nations will have their own development bank by the end of the year, South Africa said Friday.

Petrobras scandal touches Brazil's business elite

Last Updated: Saturday, June 20, 2015, 09:49

Brazilian police began another phase in the investigation of massive corruption at state oil company Petrobras, arresting the heads of two of the country`s most important companies.

BRICS members hail integration ahead of July forum

Last Updated: Friday, June 19, 2015, 18:22

BRICS member states --Brazil, Russia, India, China and South Africa -- cheered new integration trends with the announcement of the formation of the BRICS Development Bank, ahead of the group`s upcoming forum in July.