Last Updated: Saturday, August 8, 2015, 16:11
The Brazilian unit of German automaker Daimler said it is suspending production at one of its four plants for two weeks as a result of a steep decline in sales.
Last Updated: Tuesday, July 7, 2015, 20:42
Brazilian drug regulator ANVISA has suspended import of active ingredients produced by pharma major Lupin used to make antibiotics, citing "unsatisfactory inputs" and deviation from good manufacturing practices (GMP).
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.
Last Updated: Wednesday, May 13, 2015, 21:31
Drug major Lupin Wednesday announced acquisition of Brazil's Medquimica Industria Farmaceutica SA, marking its foray into the Latin American nation.
Last Updated: Saturday, April 18, 2015, 02:49
Brazilian state oil giant Petrobras, embroiled in an alleged multi-billion-dollar kickback scandal, will release long-delayed 2014 earnings results next Wednesday, the company said.
Last Updated: Thursday, April 9, 2015, 11:42
Pharma major Cipla on Thursday said its UK subsidiary Cipla (EU) will acquire Brazilian firm Duomed Produtos Farmaceuticos for about Rs 2.6 crore.
Last Updated: Thursday, April 2, 2015, 08:47
The company announced it was making the cuts to reduce by around 20 percent personnel-related costs, and would not proceed with planned hirings.
Last Updated: Wednesday, February 25, 2015, 09:18
International ratings agency Moody`s said Tuesday it had downgraded all ratings for scandal-plagued Brazilian oil giant Petrobras.
Last Updated: Wednesday, February 11, 2015, 20:07
Petrobras` new board chair has insisted he will have full autonomy as he leads the scandal-plagued Brazilian oil giant through a crisis that cost his predecessor her job.
Last Updated: Wednesday, February 4, 2015, 20:41
The chief executive of Brazilian oil giant Petrobras, Graca Foster, resigned Wednesday along with the entire board of directors as the company reels from a massive corruption scandal, officials said.
Last Updated: Tuesday, February 3, 2015, 13:31
A consortium that includes Bharat Petroleum and Videocon Industries has made a significant crude oil discovery off the Brazil's Northeast coast.
Last Updated: Wednesday, January 28, 2015, 18:41
Scandal-plagued Brazilian oil giant Petrobras announced Wednesday its third quarter profits slid 9 percent compared to the same period of 2013.
more videos >>
