Brazil

BELO HORIZONTE, Brazil, May 28, 2012 /PRNewswire/ -- Come take part in the 17th Annual CEMIG-Apimec Meeting, where the Board of Directors and the principal executives of CEMIG will be gathered with financial market analysts and representatives, for a day of presentations about the...  

It was not only important that the slogan was consistent with the values and positioning of the 2014 FIFA World Cup and the host country, but that it also conveyed a message to all Brazilians, amongst other criteria. “Football means everything to Brazilians.  

May 29, 2012 1:28 AM[RIO DE JANEIRO] Brazil's Transpetro, the transportation arm of state-run oil giant Petrobras, has suspended the purchase of 16 out of 22 oil ships ordered from EAS as part of its fleet-renewal programme.  

SAO PAULO (Dow Jones)-Brazil's mid-sized bank Banco Votorantim is likely to receive a capital injection worth 3 billion Brazilian reais ($1.5 billion) from its controlling shareholders in order to reinforce its capital structure, local newspaper o Estado de S.  

RIO DE JANEIRO (Reuters) - Brazilian federal prosecutors in the country's state of Para have asked a court to suspend operations at Vale's Onça Puma nickel project in the Brazilian Amazon, alleging Vale failed to meet obligations to two native tribes in the region.  

BELO HORIZONTE, Brazil, May 11, 2012 /PRNewswire/ -- A Companhia Energetica de Minas Gerais - CEMIG (CIG) (CIG.C) (Bovespa: CMIG4, CMIG3) (XCMIG.MC) (CEMIG) announces the following webcast: What: http://www.mediatown.com.br/prnewswire/player/?id ...  

SAO PAULO (Reuters) - Brazilian miner Vale (VALE5.SA)(VALE.N) said on Monday it agreed to sell its thermal coal assets in Colombia for $407 million to a unit of Colombian Natural Resources, a mining company controlled by U.S. investment bank ...  

The lawsuit seeks at least 48 million reais in damages ($24.24 million), or $1 million a month for each tribe, since the project began, the statement said. Indian groups in Brazil's Amazon have a long history of protest against Vale. They have ...  

RIO DE JANEIRO May 27 (Reuters) - Brazil's Transpetro, the transportation arm of state-run oil giant Petrobras, said on Sunday it suspended the purchase of 16 out of 22 oil ships ordered from EAS as part of its fleet-renewal program. Transpetro ...  

Tempero Brasileiro (mp3) is a collection of rare Brazilian tracks originally issued on 7″ vinyl. Compiled by Edson Carvalho, one of the top São Paulo crate diggers. Les Mains Noires is a blog by an expat French DJ/crate digger currently living in São Paulo. Check out his DJ mixes page. Some favorites: Postcard for Sofrito Salsita con Swing African Hip Hop Dirty Caribbean Jazz Vol.1 Dirty Caribbean Jazz Vol.2 Dirty Caribbean Jazz Vol.3 Angola...  

SAO PAULO – Brazilian mining giant Vale SA (VALE, VALE5.BR) on Monday said it has agreed to sell its Colombian thermal coal assets to CPC S.A.S., a unit of privately-held Colombian Natural Resources SAS, for $407 million in cash. "The sale of ...  

SAO PAULO May 28 (Reuters) - Brazilian miner Vale said on Monday it agreed to sell its coal assets in Colombia to CPC, a unit of Colombian Natural Resources, for $407 million. The deal is subject regulatory approval. Vale, the world's second ...  

SÃO PAULO, Brazil — WWE wrestler Chris Jericho has had to apologize to the Brazilian government and its people after crumpling and kicking the country's flag during a show in São Paulo on Thursday. According to the Canadian Press, the flag made its way ...  

Brazilian act Code 3-7 has posted footage online of the band performing in São Paulo on May 19th, 2012. You can watch the live clip in the player below. Code 3-7 also recently uploaded a new single titled "In Activation," which can be heard at this location. The track will appear on the bands upcoming new album "Main Entrance." Read More/Discuss on Metal Underground.com  

Bountiful bikinis at Rio fashion weekSan Jose Mercury NewsBy JENNY BARCHFIELD AP Fashion Writer A model wears a creation by Triya summer collection during Fashion Rio in Rio de Janeiro, Brazil, Saturday, May 26, 2012. Rio de Janeiro—Just how many variations can you spin off the marvel of simplicity that is ...and more »  

Brazil’s chief of staff Gleisi Hoffmann said there are no plans to partially suspend operations at Galeao airport in Rio de Janeiro during the Rio+20 conference, Folha de Sao Paulo reported. Hoffmann said the government is considering ...  

Cia. Energetica de Minas Gerais, Brazil’s second-biggest electricity producer, wants to buy natural-gas reservoirs from Vale SA (VALE3) to have more fuel for power generation. Cemig, as the Belo Horizonte, Brazil-based utility is known, needs ...  

São Paulo (, Saint Paul; ) is the largest city in Brazil, the largest city in the southern hemisphere, and the world's eighth largest city by population. The city is anchor to the São Paulo metropolitan area, ranked as the second-most populous ...  

Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.BR, USIM3.BR, USNZY) on Saturday restarted operations at a chimny in blast furnace number 2 at is plant in Cubatao, Sao Paulo state, after a fire broke out late Friday. The fire was ...  

Marcelo Salomon, an economist at Barclays Capital in New York, reported on Friday in a seven page note ... it's possible that investors who buy at around $19 might enjoy a 20% gain by year's end. VALE is another Brazilian powerhouse that has fallen out ...  

The largest political parties are the Workers' Party (PT), Democrats (DEM), Brazilian Democratic ... São Paulo-Guarulhos International Airport, near São Paulo, is the largest and busiest airport, handling the vast majority of popular and ...  

SAO PAULO -(MarketWatch)- Brazil's state-run bank Banco do Brasil SA (BDORY, BBAS3.BR) has appointed Dan Conrado to take over as president of Previ, Latin America's largest pension fund, replacing Ricardo Flores, who resigned earlier, a ...  

Brazil's state-run bank Banco do Brasil SA (BDORY, BBAS3.BR) has appointed Dan Conrado to take over as president of Previ, Latin America's largest pension fund, replacing Ricardo Flores, who resigned earlier, a spokesman for the bank said Friday.  

RIO DE JANEIRO – The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that it would fine a local shipyard for the late delivery of an oil tanker. Estaleiro Atlantico Sul ...  

SAO PAULO, May 17, 2012 /PRNewswire/ -- BHG S.A. – Brazil Hospitality Group (BM&FBovespa: BHGR3; OTC: BZHGY) will begin managing the Hotel Presidente, in Uberlandia, the largest city in the Minas Gerais triangle region on May 22, 2012. This is the Company's first operation in...  

Shares of Santander Brasil, parent lender gain Friday (Adds Banco Santander, Santander Brasil denial, share performance) SAO PAULO, May 25 (Reuters) - Banco Santander, Spain's largest lender, denied a news report that it was considering the sale ...  

Brazil’s recent economic boom, and subsequent cooling period, has been a boon to the real estate market as new money allows locals to buy first and second homes in Rio de Janeiro, while remaining business interests continue to attract foreign investors to the popular coastal city. Property prices...  

SAO PAULO -(Dow Jones)- Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA (USIM5.BR, USIM3.BR, USNZY) on Saturday restarted operations at a chimny in blast furnace number 2 at is plant in Cubatao, Sao Paulo state, after a fire broke ...  

May 22 (Bloomberg) -- Almir Barbassa, chief financial officer at Petroleo Brasileiro SA, talks about the impact of a weaker Brazilian real on the company's dividend. Barbassa also discusses Petrobras's asset sales. He speaks with Peter Millard at the Rio Investors Day 2012 conference in Rio de Janeiro. (Source: Bloomberg)  

Brazil Hospitality Group (BM: BHGR3; OTC: BZHGY) will begin managing the Hotel Presidente, in Uberlandia, the largest city in the Minas Gerais triangle region on May 22, 2012. This is the Company's first operation in the state of Minas Gerais.  

There are about 2,500 airports in Brazil, including landing fields: the second largest number in the world, after the United States. São Paulo-Guarulhos International Airport, near São Paulo, is the largest and busiest airport, handling the ...  

BELO HORIZONTE, Brazil, April 23, 2012 /PRNewswire/ -- Usinas Siderurgicas de Minas Gerais S.A. - USIMINAS (OTC: USDMY, USNZY) (BM&FBOVESPA: USIM3, USIM5, USIM6) (Latibex: XUSIO, XUSI) announces the following Webcast: What: First Quarter 2012 Results Conference Call, which will be...  

Interest rates on loans in Brazil plunged in April, but the supply of debt slowed and the level of bad loans increased, underscoring concerns about the pace of economic recovery. Brazil's President Dilma Rousseff has pushed banks to bring down lending ...  

The UFC sent out a press release today confirming the "Mineirinho" stadium (Estadio Jornalista Felipe Drumond) in Belo Horizonte, Minas Gerais, Brazil as the official site of the UFC 147 fight card. The fight card is scheduled to take place this June and will feature a rematch between Wanderlei Silva and Vitor Belfort, as well as the finals of 'The Ultimate Fighter: Brazil'.MMAFrenzy.com  

Rio de Janeiro, May 23 (IANS) Brazil’s First Division football clubs have a combined debt of $1.85 billion, according to an audit by consultancy firm BDO. Four of Brazil’s top five debt-stricken clubs are from Rio de Janeiro, with Botafogo’s $270 million deficit placing the entity in first place, reported Xinhua. Fluminense is next ($194 [...]  

Another chapter in the legal dispute between the Brazilian newspaper Folha de São Paulo and the satirical blog Falha of São Paulo is being written. However, this time, Falha is the one who decided to file a lawsuit against the newspaper.  

May 22 (Bloomberg) -- Mauricio Lopes, underwriting and products manager at Sul America SA, talks about the growth of Brazil's economy and middle class, and the impact on the insurance company's business. Lopes, speaking yesterday with Bloomberg's Rodrigo Orihuela at Rio Investors Day 2012 in Rio de Janeiro, also discusses potential acquisitions by Sul America. (Source: Bloomberg)  

TIM Brasil, Telecom Italia's Brazil telecom subsidiary, will market its Fiber to the Curb/Fiber to the Building (FTTC/FTTB) service under its new "Live" brand name. Aiming to acquire 1 million subscribers by 2017, the service provider plans to launch its service in Q3 2012, adding that it believes it can "break even" by 2015.After acquiring 5,500 km of fiber cabling in São Paulo and Rio de Janeiro via its $998 million acquisition of Brazilian...  

There are about 2,500 airports in Brazil, including landing fields: the second largest number in the world, after the United States. São Paulo-Guarulhos International Airport, near São Paulo, is the largest and busiest airport, handling the ...  

SÃO PAULO, Brazil — Commuters sat in lines for more than three hours on Wednesday morning as Brazil’s biggest city entangled itself in a record traffic jam. The trigger was a strike by workers for São Paulo’s subway and commuter train ...  

SAO PAULO – Banco Santander Brasil S.A. (SANB4.BR, BSBR) on Friday denied news reports that it was mulling the sale of a minority stake to a competitor in Brazil. "The bank is not for sale," said a press officer for Santander Brasil ...  

Conrado, 47 years old, is currently the vice-president of retail service ... the board member said. 05/27 DJ Brazilian Bank Bradesco Denies Santander Purchase Report 05/27 DJ Brazilian Bank Bradesco Denies Santander Purchase Report  

A sharp depreciation of the Brazilian real, partly caused by government efforts to protect exporters, has also increased the costs of taking out loans in dollars for local companies. The real has weakened 8 percent so far this year. The monetary ...  

SAO PAULO – Brazilian state-run Banco do Brasil SA (BDORY, BBAS3.BR) may make an offer to buy a minority stake in Banco Santander Brasil SA (SANB11.BR), the local unit of Spain's Banco Santander (SAN.MC), according to a columnist for local ...  

[...] chapter in the legal dispute between the Brazilian newspaper Folha de São Paulo and the satirical blog Falha of São Paulo is being written. However, this time Falha is the one who decided to file a lawsuit against the [...]  

SAO PAULO (Dow Jones)-Shares of Brazilian state-run Banco do Brasil SA (BDORY, BBAS3.BR) started Wednesday's session by posting the biggest loss on the local main stock exchange index, the Ibovespa, after local media reported that it may make an ...  

Marfrig Alimentos SA (MRFG3)’s bonds slumped the most since September as Valor Economico reported that the beef producer is in talks to postpone an interest payment to Brazil’s state-owned development bank. Yields on the company’s dollar ...  

BRASILIA, May 24 (Reuters) - Brazil eased rules for subsidized lending by state development bank BNDES to three of the country's biggest companies, in a move that may help President Dilma Rousseff shield a struggling economy from market turmoil ...  

RIO DE JANEIRO – German industrial conglomerate Siemens AG (SI, SIE.XE) is interested in participating in a tender auction to build a high-speed rail link between Rio de Janeiro and Sao Paulo and could boost investments in the South American ...  

RIO DE JANEIRO – Brazilian stocks have been battered in recent months as the ongoing European-debt crisis and concerns about global economic growth have rattled markets around the world, but there are values ... Brazil is a "core" investment ...  

MONTREAL, May 16, 2012 /CNW Telbec/ - Ivanhoé Cambridge has made a further investment in one of Brazil's main economic hubs, Rio de Janeiro, with the signing of an agreement to purchase an 88.5% interest in Shopping Center Boulevard Rio Iguatemi, at a cost of C$130 million....  

VANCOUVER, British Columbia--(BUSINESS WIRE)--Brazilian Gold Corporation (TSXV: BGC) is pleased to report results for initial metallurgical testwork on representative composite drill-core samples of primary mineralization from the São Jorge deposit. The study was conducted by Testwork Desenvolvimentos de Processo Ltda., Nova Lima, Minas Gerais, Brazil. All samples were analyzed by SGS Lakefield Geosol Laboratórios Ltda., Vaspasiano, Minas...  

Brazil's Minas Gerais state is demanding a payment worth 1.2 billion Brazilian reais ($640 million) in past taxes from Brazilian mining company Vale SA (VALE, VALE5.BR) as both parties disagree about the calculation of taxes over production, the company said.  

The model walked in Elle Brazil's spring/summer 2013 swimwear preview in São Paulo on Saturday night, and according to Made in Brazil's Juliano Corbetta, the show marked her first booking since her sexual reassignment surgery. And she's already lining up gigs for Fashion Rio and São Paulo Fashion Week. ... More »  

Brazil's EBX Group, owned by billionaire Eike Batista, may join the bidding for a new iron ore port area in Rio de Janeiro state, southeast Brazil, O Estado de S. Paulo newspaper said Tuesday, without saying where it got the information.The port area, known as "Area do Meio" or "Middle Area," is expected to be put up for auction next month by the federally-owned port administrator Companhia Docas de Rio de Janeiro, Estado said.The Area do Meio...  

SÃO PAULO--(BUSINESS WIRE)--Gafisa S.A. (Bovespa: GFSA3; NYSE: GFA), Brazil’s leading diversified national homebuilder, today reported the results of the Annual General Meeting of Shareholders (AGM) and the Extraordinary General Meeting (EGM) held on May 11, 2012 at the Company’s headquarters in São Paulo. The agenda of the meeting included: (i) to receive the accounts drawn up by the Company’s officers, and to examine, discuss and vote on the...  

Last week we told you about the Billabong Pro surf competition that’s taking place in Rio de Janeiro until 20 May. And that got us thinking … what would be the number one thing we’d do if we were in Brazil’s second city? After momentary paralysis at the thought of sipping an ice-cool caipirinha while [...]  

Two former board members of Brasil Telecom Participacoes SA reached a settlement with Brazil’s securities regulator CVM, ending an accusation of not complying with local legislation. Veronica Valente Dantas agreed to pay 300,000 reais to CVM ...  

RIO DE JANEIRO – The massive oil fields found off Brazil's coast by state-run oil company Petroleo Brasileiro (PBR, PETR4.BR, PETR3.BR), or Petrobras, and its partners holds between 15 billion and 20 billion barrels of oil to be developed ...  

The following companies are having unusual price changes in Sao Paulo trading. Stock symbols are in parentheses, and prices are as of 12:26 p.m. local time. Preferred shares are usually the most-traded class of stock. The Bovespa (IBOV) Index ...  

SAO PAULO, May 16, 2012 /PRNewswire/ -- General Shopping Brasil S/A [BM&FBovespa: GSHP3], one of the largest shopping mall companies in Brazil, announces 1Q12 earnings results. General Shopping Brasil's Gross Revenue in the first quarter of 2012 (1Q12) totaled R$ 40.9 million, up...  

Brasileira leva ex-namorado ao tribunal por US$ 50 milhõesBrazilian VoiceA ação judicial no valor de US$ 50 milhões movida pela atriz brasileira Adriana Ferreyr, de 28 anos, contra o ex-namorado George Soros, de 81 anos, é uma questão de “dor de cotovelo”, disse ao juiz o advogado de defesa do investidor bilionário.  

FIRST INDY CAR RACE FOR RLL IN SAO PAULO; SIXTH IN BRAZIL Takuma Sato, Rahal Letterman Lanigan HondaPhoto by: Bob Heathcote The Itaipava São Paulo Indy 300 Nestlé marks Rahal Letterman Lanigan Racing’s first time to compete on the Streets of São Paulo. Previously the team competed in five CART-sanctioned events in Rio de Janeiro from 1996-2000 with Bobby Rahal (1996-1998), Bryan Herta (1996-99), Max Papis (1999-00), and Kenny Brack (2000...  

FIRESTONE FIREHAWK FAST FACTS IZOD IndyCar Series - Itaipava São Paulo Indy 300 Anhembi Sambodrome and Streets of São Paulo, Brazil April 28-29, 2012 - Round 4 of 16 Firestone tirePhoto by: Eric Gilbert Race Distance: 190.2 miles/306.08 km (75 laps on the 2.536-mile/4.081-km, 11-turn temporary street circuit). Firestone Firehawk Race Tires Supplied: - Primary (black-sidewall) dry-condition slicks: 644, each entry receives five sets (20 total...  

Will Power Keeps Team Penske and Chevrolet Perfect in 2012 IZOD IndyCar Series Competition with Win at São Paulo Chevrolet V-6 IndyCar Drivers Score Three Top-Five and Seven Top-10 Finishes in Fourth Race of Season Race winner Will Power, Verizon Team Penske ChevroletPhoto by: Firestone Racing/Dennis Ashlock SÃO PAULO, Brazil – (April 29, 2012) – Will Power, behind the wheel of the No. 12 Verizon Team Penske Chevrolet V-6 Indy car, kept...  

Their Excellencies the Right Honourable David Johnston, Governor General of Canada, and Mrs. Sharon Johnston concluded yesterday their official visit to Brazil after a two-day visit in São Paulo. While there, the Governor General highlighted Canada's partnerships with Brazil and called upon both countries to collaborate in learning and innovation in the 21st century. His Excellency delivered an address at the São Paulo Research...  

Will Power Puts Chevrolet and Team Penske on Pole for São Paulo Indy 300 with New Track Record Polesitter Will Power, Verizon Team Penske ChevroletPhoto by: Firestone Racing/Dennis Ashlock SÃO PAULO, Brazil – (April 28, 2012) – For the fourth time this season, a Team Penske Chevrolet V-6 IndyCar has won the pole for an IZOD IndyCar Series race. Will Power put the No. 12 Verizon Team Penske Chevrolet in the number one starting position with...  

In 2010, there were 473,600 people incarcerated in Brazilian ... There are about 2,500 airports in Brazil, including landing fields: the second largest number in the world, after the United States. São Paulo-Guarulhos International Airport ...  

Chevrolet V-6 IndyCar Set to Debut on Streets of São Paulo, Brazil Rubens Barrichello, KV Racing Technology ChevroletPhoto by: James M. Holland DETROIT (April 25, 2012) --Next on the schedule for the Chevrolet V-6 powered teams in the IZOD IndyCar Series is the São Paulo Indy 300 on the Streets of São Paulo, Brazil; a 2.536-mile, 11-turn temporary street circuit. As has been the case for the first three events of the season, it will be the...  

TIM Brasil is on track to launch its Fiber to the Home (FTTH) residential broadband service TIM Fiber in the third quarter of 2012. During its first-quarter earnings call, TIM Brasil CEO Luca Luciani said the company will provide the service initially in São Paulo, with Rio de Janeiro not far after. To date, TIM has connected 1,100 buildings out what it calls a total of 3,600 "authorizations" it has established in the two cities. Thus far...  

Latin America's biggest bank by assets, Brazil's state-run Banco do Brasil SA (BDORY, BBAS3.BR), saw a 14.6% decline of its profit in the first-quarter as its expenses, mainly with provisions, soared in the period.The bank reported Thursday a first-quarter net profit of 2.5 billion Brazilian reais ($1.3 billion), down from BRL2.93 billion in the first-quarter of 2011.Its credit portfolio reached BRL473 billion in the first-quarter, up 19% from...  

RIO DE JANEIRO -- Police in Brazil say an American tourist was detained for several hours after trying to leave Rio de Janeiro without paying his hotel bill of more than $7,000, including $3,000 for "caipirinhas" -- Brazil's national cocktail of sugarcane rum, lime, sugar and ice.  

April 30 (Bloomberg) -- Brazilian billionaire Eike Batista talks about the potential benefits of OGX Petroleo e Gas Participacoes SA forming project partnerships with Petroleo Brasileiro SA and Vale SA. Batista, speaking with Stephanie Ruhle at the Milken Institute 2012 Global Conference in Los Angeles, also talks about Brazil's economy. They speak on "Money Moves With Deirdre Bolton." (Source: Bloomberg)  

RIO DE JANEIRO (AP) — Police in Brazil say an American tourist was detained for several hours after trying to leave Rio de Janeiro without paying his hotel bill of more than $7,000, including $3,000 for "caipirinhas" — Brazil's national cocktail of sugarcane rum, lime, sugar and ice.  

Read the rest of Richard Meier & Partners Unveils Plans for an Eco Office in Rio de Janeiro Permalink | Add to del.icio.us | digg Post tags: Brazil, Daylighting, eco design, eco office, green architecture, Green Building, green design, leblon, leblon offices, louvered facade, richard meier, richard meier and partners, rio de janeiro, Sustainable Building, [...]  

In reply to Liber vs. Floris: Thanks for your replies so far—very insightful! Re Folha vs. Floris: [De Groot’s] most original achievement (…) was the spirited headline face designed for the Brazilian newspaper Folha de São Paulo. Folha differs from his other original typefaces in that it has strong vertical stress. (…) In 2001 De Groot designed a new headline face for Le Monde, which was named Floris Newspaper after his son. Floris is a...  

RIO DE JANEIRO, Brazil and MISSISSAUGA, Canada, April 26, 2012 /PRNewswire/ - MEK Engenharia announced today that it has joined forces with the Hatch Group—one of the world's leading engineering, procurement and construction management (EPCM) firms—to serve Brazil and...  

The investments account for 37.9% of PAC's 32.5bn-real phase II budget for urban mobility initiatives, to be carried out in 18 states. Work in Rio de Janeiro will cost 4.48bn reais, while 4.37bn reais will be invested in São Paulo and 3.4bn reais in ...  

RIO DE JANEIRO, May 22 (Reuters) - Brazil's state-led oil company Petrobras may increase its exploration and production budget when it revises its five-year plan later this year, in an effort to speed up and boost output, Chief Financial Officer ...  

SÃO PAULO, Brazil — A São Paulo subway train crashed into the back of another while approaching a busy station this morning, injuring at least 33, with two in critical condition with head injuries. São Paulo's fire department said one of the trains ...  

May 22 (Bloomberg) -- William Landers, manager of BlackRock Inc.'s Latin America Fund, talks about the performance of Vale SA and investment strategy for Brazilian stocks. Landers speaks with Bloomberg's Juan Pablo Spinetto at the Rio Investors Day 2012 conference in Rio de Janeiro. (Source: Bloomberg)  

Silva upsets Murer Cuban Yarisley Silva, the 2011 Pan-American Games Champion, recorded a significant victory over the 2011 World champion, Brazil’s Fabiana Murer. Silva, fifth in Daegu 2011 and seventh at the 2012 World Indoor Championships in Doha ...  

The following companies had unusual price changes in Sao Paulo trading. Stock symbols are in parentheses, and prices are as of the close. Preferred shares are usually the most-traded class of stock. The Bovespa (IBOV) Index rose 0.9 percent to ...  

RIO DE JANEIRO, May 18 (Xinhua) -- Brazilian President Dilma Rousseff will be awarded 20,000 reais (10,000 U.S. dollars) compensation from Rio De Janeiro state for being tortured during the country's 1964-1985 dictatorship, a spokesman for the presidential ...  

MMX’s revised capex for expansion of its Serra Azul iron ore asset in Minas Gerais state, south-east Brazil, envisages additional capacity increases in the future, ceo Guilherme Escalhão said. The estimated investment of 4.8 billion Reais ($2 ...  

RIO DE JANEIRO (Reuters) - Brazilian iron ore miner Vale is confident it will win a dispute over taxes the government claims the company owes on earnings abroad, CEO Murilo Ferreira said on Friday. The government has ordered Vale to pay 30.5 billion reais ($15.19 billion) in tax on profits from its foreign subsidiaries. The company said it already paid the taxes to foreign governments and that Brazil's claim is a form of illegal double...  

RIO DE JANEIRO May 17 (Reuters) - Brazil's oil regulator the ANP said on Thursday that it found no signs of an oil spill in a Petrobras offshore field after overflights with Brazil's Navy. Ibama, the country's environmental protection agency ...  

It is home to the São Paulo Stock Exchange, the Future Markets, and the Cereal Market Stock Exchanges (the second largest stock ... widening could more than briefly alleviate the intolerable traffic congestion. Construction of a subway system was begun ...  

RIO DE JANEIRO -(Dow Jones)- Colombian national oil company Ecopetrol (EC, ECOPETROL.BO, ECP.T) is now Latin America's biggest company by market value, passing Brazil's Petroleo Brasileiro SA (PBR, PETR4.BR) in a stunning shift that highlights ...  

SAO PAULO, May 13 (Reuters) - State-controlled Banco do Brasil is in talks to buy the remaining stake it still does not own of Banco Votorantim, a source with knowledge of the situation told Reuters on Sunday, in a move that could help Brazil's ...  

RIO DE JANEIRO (Dow Jones)--Brazilian state-run energy heavyweight Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, expects to release its 2012-2016 strategic investment plan "somewhere around August," Chief Financial Officer Almir Barbassa ...  

I am not a Sprite drinker but I think this marketing idea is genius ... "A giant Sprite dispenser placed in one of the most crowded beaches in Brazil, where people could have a cold refreshing shower during Brazilian summer, where temperatures reach close to 40ºc. With more then 1,500 showers everyday, together with a sampling strategy around the machine. Sprite Shower was able to leverage the brand above all others in the field and consumers...  

RIO DE JANEIRO – Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Thursday that it was possible although unlikely the Frade oil field operated by U.S. oil major Chevron Corp. (CVX) could be ...  

RIO DE JANEIRO – Brazilian oil and gas producer Petroleo Brasileiro SA (PBR, PETR4.BR) may resume long-term well tests in the second half of 2012 following an accident earlier this year at a floating production, storage and offloading, or FPSO ...  

which pegs the Felipe Drummond Stadium in Belo Horizonte, Minas Gerais, Brazil, as the official venue. And it comes just three days after UFC President Dana White yanked the headlining title fight between Anderson Silva vs. Chael Sonnen from the ...  

Edu, a native of São Paulo, Brazil, made his professional debut with São Paulo Futebol Clube of Brazil in 1997 and played from 2000-2009 in La Liga, the top division in Spain, with Celta de Vigo and Real Betis. He moved back to Brazil in 2009 ...  

RIO DE JANEIRO – Brazil's large state-run energy company, Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Tuesday that first-quarter profits slipped 16% year-on-year on heavy crude-oil and fuel imports. Petrobras registered a ...  

"Brazilian graffiti art is considered among the most significant strand[s] of a global urban art movement, and its diversity defies the increasing homogeneity of world graffiti." - Design Week In March 2009, the Brazilian government passed law ...  

Switzerland's government is also pursuing the company for income tax arrears that Vale disputes. Key Brazilian mining state Minas Gerais state is seeking an 1.2 billion reais (US$642.83 million) in additional tax from the company, saying Vale ...  

but the preservation of UFC 147 came too late to salvage the Anderson Silva-Chael Sonnen main event, which has been pushed back to UFC 148. As of now, the card has three confirmed bouts—Milton Viera vs Felipe Arantes, Fabricio Werdum vs Mike Russow and ...  

The entrance of the building of Brazilian mining company Vale is seen painted in red after a protest in Rio de Janeiro SAO PAULO - Brazil's highest court suspended on Wednesday the payment of about 24 billion reais in back taxes by mining company Vale , handing the world's largest iron ore producer a temporary victory in a dispute with the ... (more)  

Coming up, Sónar São Paulo kicks off in Brazil and Bruce Springsteen and the E Street Band launch their tour in Sevilla ... include Ibiza on May 27 and October 7, Warsaw on July 13 and 14, and Seoul on August 4, followed by Sao Paulo sometime in November ...  

SAO PAULO (Dow Jones)-Brazil's largest bank in terms of assets, state-run Banco do Brasil SA (BBAS3.BR, BDORY) reduced administrative fees on mutual funds to leave it attractive for investors amid a base-rate reduction. The bank said it reduced the ...  

Brazil's state-owned bank Banco do Brasil SA (BBAS3.BR) is in talks to buy the remaining stake of Banco Votorantim that it still doesn't own, Reuters news agency reported Sunday on its website, citing an unnamed source. Banco do Brasil, which owns a 49% ...  

(RIO DE JANEIRO, BRAZIL) – The sight of an American boxer in the medal stand was a common occurrence at the Americas Qualifier tournament in Rio de Janeiro, Brazil. The seven members of the United States team claimed six medals at the event, including ...  

The idea is to open up the Progredir funding program this year to suppliers of Sete Brasil, which will build and manage 28 drilling rigs for Petrobras, Barbassa said. Petrobras holds a 10% stake in Sete Brasil. Suppliers' contracts with Sete Brasil would ...  

SAO PAULO, May 11 (Reuters) - Two senior executives at state-controlled Banco do Brasil will be ousted in coming days, sources told Reuters on Friday, in the latest twist of a power struggle at Brazil's largest bank. Federal government officials ...  

Rio de Janeiro has overtaken Sydney to become the world’s most expensive city for hotels as the cost of accommodation continues to soar in the Brazilian capital. Tourists paid an average of £192.88 per night for a hotel room near Sugarloaf Mountain ...  

RIO DE JANEIRO May 17 (Reuters) - Chevron Corp is "unlikely" to shut its offshore Frade field in Brazil permanently and output may restart after the causes of a November spill are resolved, Petrobras, the Brazilian state-led oil company that is ...  

ScheduleSoft, the leading provider of automated workforce scheduling solutions for the food and consumer products packaging industry, will be sponsoring Fispal Tecnologia 2012 in São Paulo, Brazil, June 12-15. Fispal Tecnologia is the leading food and ...  

SAO PAULO -(MarketWatch)- Brazilian mining company Vale SA (VALE, VALE5.BR) has hired Bank of Nova Scotia (NYSE:BNS) and Citigroup Inc. (NYSE:C) to help sell its oil and gas exploration blocks in Brazil, according to a person familiar with the transaction.  

The top four in rank order are state-controlled Petrobras, Shell Brasil, Statoil Brasil and Chevron Frade. The company's shares were trading 3.75 percent lower on Tuesday at 12.56 reais by 1342 local time (1642 GMT), a day after it reported a ...  

RIO DE JANEIRO (Reuters) - Wary of price-gouging ahead of the World Cup and Olympics later this decade, Brazil's government said on Wednesday it had convinced hoteliers in Rio de Janeiro to lower skyrocketing rates ahead of a major U.N. summit ...  

RIO DE JANEIRO, April 18 (Reuters) - Brazil's Minas Gerais state is seeking an additional 1.2 billion reais (US$642.83 million) in taxes from iron ore mining company Vale, as the company's disputes with the government mount over how much tax it ...  

TIVIT Terceirizacao de Tecnologia e Servicos S/A - Strategic SWOT Analysis Review - TIVIT Terceirizacao de Tecnologia e Servicos S/A (TIVIT) (formerly known as Proceda Tecnologia e Informatica S.A.) is a Brazil- based business process outsourcing and ...  

ScheduleSoft, the leading provider of automated workforce scheduling solutions for the food and consumer products packaging industry, will be sponsoring Fispal Tecnologia 2012 in São Paulo, Brazil, June 12-15. Fispal Tecnologia is the leading ...  

In São Paulo, Brazil, the number of people who have fallen behind in making installment payments rose to 21.8% in April, up from 18.5% in March. The São Paulo Commercial Federation (Fecomercio-SP) has released monthly reports on payment defaults since ...  

Vale SA (VALE3), the world’s largest iron-ore producer, hired Bank of Nova Scotia and Citigroup Inc. (C) to sell its oil and natural gas assets in Brazil, according to three people familiar with the matter. The Rio de Janeiro-based company’s ...  

JBS will also create a new business division, JBS Aves Brasil, to keep poultry separate from its other operations. Frangosul has operations in the southern Brazilian states of Mato Grosso do Sul and Rio Grande do Sul, some of the most important ...  

SAO PAULO (MarketWatch)-Brazil's largest bank in terms of assets, state-run Banco do Brasil SA (BBAS3.BR, BDORY) reduced administrative fees on mutual funds to leave it attractive for investors amid a base-rate reduction. The bank said it ...  

Edu, a native of São Paulo, Brazil, made his professional debut with São Paulo Futebol Clube of Brazil in 1997 before moving to Celta de Vigo of La Liga, the top division in Spain, in 2000. He helped Celta to its first-ever appearance in the UEFA ...  

The company exited the kaolin mineral business earlier this month after selling a 61.5 percent stake in its Cadam SA unit, which operates an open-pit mine in the Brazilian state of Amapa, for $30.1 million. An official at Citigroup in Sao Paulo ...  

SÃO PAULO, BRAZIL—May 6, 2012— Koenig & Bauer AG (KBA) has acquired a majority stake in a former sales agency, Deltagraf Representações Comerciais ltda. in São Paulo, in order to strengthen its...  

SÃO PAULO, Brazil — Australian pole-sitter Will Power won his third consecutive São Paulo Indy 300 on Sunday, making it his 18th career IndyCar victory. American Ryan Hunter-Reay took second, with Japan's Takuma Sato coming in a career-best third ...  

Edu, a native of São Paulo, Brazil, made his professional debut with São Paulo Futebol Clube of Brazil in 1997 before moving to Celta de Vigo of La Liga, the top division in Spain, in 2000. He helped Celta to its first-ever appearance in the ...  

Formula 1 drivers, such as Lucas di Grassi, Jenson Button, Bruno Senna or Alex Wurz have adopted some of these events as part of their trainings. Big names of the triathlon world, like the Brazilian Fernanda Keller, Chris McCormack, Olivier ...  

SAO PAULO -(MarketWatch)- Telefonica Brasil SA.(VIVT3.BR, VIV) Thursday reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian reais ($488 million) from a year earlier due to higher costs generated by depreciation and ...  

said the sources, who declined to be quoted because of the sensitivity of the issue. Their ouster comes five months after the bank removed Allan Toledo from his post as senior vice president for wholesale, private banking and international businesses.  

RIO DE JANEIRO, May 13 (Reuters) - Brazil striker Neymar scored a brace of goals to steer Santos to a 4-2 win over Guarani as they clinched the Paulista championship title on Sunday. The 20-year-old converted a penalty for Santos's second goal ...  

Researched by Industrial Info Resources Latin America (Cordoba, Argentina) -- Eldorado Brasil (Tres Lagoas, Brazil), a pulp producer, expects to add two production lines at its bleached eucalyptus kraft pulp mill in Tres Lagoas (Mato Grosso do Sul, Brazil ...  

São Paulo (, Saint Paul; ) is the largest city in Brazil, the largest city in the southern hemisphere, and the world's eighth largest city by population. The city is anchor to the São Paulo metropolitan area, ranked as the second-most populous ...  

The following companies had unusual price changes in Brazilian trading. Stock symbols are in parentheses, and prices are as of the close in Sao Paulo. Preferred shares are usually the most-traded class of stock. The Bovespa (IBOV) Index fell 2.1 ...  

April 26 - Standard & Poor's Ratings Services said today it assigned its 'BBB' rating to Brazil-based Banco do Nordeste do Brasil S.A.'s (BNB) planned issuance of minimum $300 million seven-year, fixed-rate senior unsecured notes. The rating on ...  

SAO PAULO -(MarketWatch)- Latin America's biggest bank by assets, Brazil's state-run Banco do Brasil SA (BDORY, BBAS3.BR), on Thursday maintained its estimate for the expansion of its credit portfolio this year, despite a rise in non-performing ...  

Full name : Anderson Hernanes deCarvalho Andrade LimaDate of birth : 29 May 1985Place of birth : Recife, BrazilHeight : 1.80 m (5 ft 11 in)Playing position : MidfielderCurrent club : LazioNumber : 8 Born within Recife, Hernanes is a product of the São Paulo academy and has performed for them since 2001. He was loaned out towards Santo André for the 2006 season. In 2008, as a São Paulo musician, Hernanes won the Prêmio Craque do Brasileirão's...  

Owen Wright, Josh Kerr, Joel Parkinson and Mick Fanning were the remaining Australians to win their opening round heats with Brazilians Miguel Pupo, Adriano De Souza and Alejo Muniz and Frenchman Jeremy Flores rounding out the victors on day one.  

SAO PAULO – Latin America's biggest bank by assets, Brazil's state-run Banco do Brasil SA (BDORY, BBAS3.BR), on Thursday maintained its estimate for the expansion of its credit portfolio this year, despite a rise in non-performing loans in the ...  

A new "virtual" fund has been set up in São Paulo to fund educational and cultural projects, including several film productions, Carolina Matos reports for Folha De S.Paulo. At the University of São Paulo, a project has been launched to develop so-called ...  

RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, will likely replace the company's chief financial officer and international director as new Chief Executive Maria das Gracas Foster ...  

RIO DE JANEIRO – The Brazilian Navy confirmed Thursday that an oil slick has been spotted off the coast of Espirito Santo state, with a team still on site trying to determine the source of the oil, a spokeswoman told Dow Jones Newswires.  

An official from Brazil's largest bank, Banco do Brasil SA (BBAS3.BR, BDORY), said it is "natural" for there to be changes to the way savings accounts are remunerated. "Changes to the savings is a natural change," said Banco do Brasil vice president Ivan ...  

BARRA DA TIJUCA, Rio de Janeiro/Brazil – For many touring professional surfers, a contest lay day presents the welcome opportunity to do some sightseeing or discover a new wave down the coast, but for two-time ASP World Champion Mick Fanning ...  

CAE has begun construction of a second training center in São Paulo, Brazil. It is near the city’s São Paulo Congonhas downtown airport and slated to enter service later this summer or early fall. The current CAE training center at Guarulhos ...  

SAO PAULO – An official from Brazil's largest bank, Banco do Brasil SA (BBAS3.BR, BDORY), said it is "natural" for there to be changes to the way savings accounts are remunerated. "Changes to the savings is a natural change," said Banco do ...  

SAO PAULO – Telefonica Brasil SA.(VIVT3.BR, VIV) Thursday reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian reais ($488 million) from a year earlier due to higher costs generated by depreciation and amortizations.  

22 year old Thai golfer, Pornanong Phatlum, has won her first LPGA Tour event, albeit an unofficial one, with a four shot victory at the LPGA Brasil Cup in Rio De Janeiro in Brazil. The 36 hole event, 30 player event at the Itanhanga Golf Club, was played ...  

Mr. Lee has also held positions as CFO of TIM São Paulo, Director of Brazil corporate development for Telecom Italia, Director of financial planning and investor relations for Vesper São Paulo. Earlier in his career, he worked in the corporate finance ...  

Starting above the Lagoa Rodrigo de Freitas, Rossy went on to circle the Brazilian city's famous landmarks such as the "Christ the Redeemer" statue and the nearby areas of Coacabana, Ipanema and Sugar Loaf Mountain before parachuting down onto the ...  

BBC NewsRio de Janeiro attacks 'visual pollution,' big billboards along famed Brazil beachWashington PostThe “Rio Limpo,” or “Clean Rio” campaign, focuses first on downtown Rio and the city's wealthy southern zone that includes posh beach neighborhoods such as Copacabana and Ipanema. Eventually it will spread throughout the city of 6 million people.Stunning images as 'Jetman' flies over RioSeattle Post Intelligencerall 155 news articles »  

CÓRDOBA, ARGENTINA--May 7, 2012--Researched by Industrial Info Research Latin America (Córdoba, Argentina)--Petrobras Bolivia (Santa Cruz, Bolivia), a subsidiary of Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil), has announced its investment plan for 2012 ...  

Macy's also tapped Brazilian accessories and handbag designer Carlos Falchi, as well as its own in-house designer Rachel Roy, to put its spins on Brazilian style. (Falchi's collection is online now.) Roy teamed with native singer Seu Jorge, whom she ...  

RIO DE JANEIRO — Police in Brazil say an American tourist was detained for several hours after trying to leave Rio de Janeiro without paying his hotel bill of more than $7,000, including $3,000 for “caipirinhas” — Brazil’s national cocktail of ...  

RIO DE JANEIRO — Police in Brazil say an American tourist was detained for several hours after trying to leave Rio de Janeiro without paying his hotel bill of more than $7,000, including $3,000 for “caipirinhas” — Brazil’s national cocktail of ...  

Thailand native Pornanong Phatlum held on to her first-round lead and captured her first career LPGA Tour victory at the HSBC LPGA Brasil Cup 2012. Phatlum fired a 6-under 67 on the course at Itanhanga Golf Club in Rio de Janeiro, Brazil to finish at 13 ...  

São Paulo has been home to several of the tallest buildings in Brazil, including the building Mirante do Vale ... in honor of one of the heroes of the Uprising Lieutenants, Antonio de Siqueira Campos. Parque Vila dos Remédios - Located ...  

SAO PAULO, May 10 (Reuters) - Brazilian phone company Telefônica Brasil posted lower-than-expected first-quarter profit due to the cost of integrating a major acquisition that made it the country's largest wireless operator. The Brazilian unit ...  

Not even the hometown fans will be able to give Rubens Barrichello enough of a boost to make him a top contender at IndyCar’s São Paulo 300 this weekend. Barrichello is thrilled to be racing in front of his Brazilian fans for the first time ...  

This partnership helps the government to realize that objective," said Deborah L. Wetzel, World Bank Director for Brazil. "The State combines a well trained work force with a strong base of technologically sophisticated companies, which can support the ...  

Canada-Brazil linkages in education, innovation and commerce During his stay in Rio de Janeiro, the Governor General and some members of the Canadian delegation met with Mr. Sérgio Cabral Filho, Governor of the State of Rio de Janeiro. He also addressed ...  

SAO PAULO, April 26 (Reuters) - Banco Santander Brasil (Symbol : BSBR), Brazil's largest foreign lender, expects loan defaults to keep climbing this year, a sign that a slowing economy and a slight deterioration of the nation's labor market will keep ...  

The LPGA Tour traveled to Rio de Janeiro, Brazil this week for the fourth annual HSBC LPGA Brasil Cup 2012, the first unofficial event of the season. A total of 30 international players will compete in the two-round event for a $720,000 purse and a $ ...  

There are about 2,500 airports in Brazil, including landing fields: the second largest number in the world, after the United States. São Paulo-Guarulhos International Airport, near São Paulo, is the largest and busiest airport, handling the ...  

RIO DE JANEIRO, April 27 (Reuters) - Iron ore miner Vale said on Friday it had presented to the Brazilian courts a 1.7-billion-reais ($902 million) bond, guaranteeing payment to the government should the company lose a fight against a set of tax ...  

Rio de Janeiro, Brazil – Pornanong Phatlum and Karine Icher both fired rounds of seven-under 66 on Saturday to share the first-round lead of the Brasil Cup. The pair owns a one-shot cushion at Itanhanga Golf Club in this two-day, unofficial event.  

RIO DE JANEIRO -(Dow Jones)- Brazilian mining company Vale SA (VALE, VALE5.BR) said Friday it has presented a letter of guarantee, or bond, worth 1.7 billion Brazilian reais ($902 million), to Brazil's federal tax authority. The bond, presented ...  

Brazilian aviation leaders and GE collaborate to improve air traffic at Rio de Janeiro’s Santos Dumont Airport SEATTLE & RIO DE JANEIRO--(BUSINESS WIRE)-- Brazil’s first Required Navigation Performance (RNP) flight procedures are approved for ...  

São Paulo has been home to several of the tallest buildings in Brazil, including the building Mirante do Vale, Italia ... If the first interventions Prado punctual and Theodore had such plans sought, either sectorally integrated and sometimes ...  

said on Monday it had signed a $1.7 billion deal with local industrial construction companies Odebrecht, OAS and UTC Engenharia for the supply of oil platforms. The company is working its way through a long shopping list of equipment and ...  

I think it was a good qualifying.  It is just so close and I am still working my way up to get into the top-10.” E.J. VISO – NO. 5 CITGO | PDVSA – KV RACING TECHNOLOGY CHEVROLET, QUALIFIED 14TH:   “I am disappointed with how the day went.  

The oil company rose the most in a week after its founder ... Eduardo Thomson in Santiago at ethomson1@bloomberg.net To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net  

SAO PAULO (Dow Jones)--A rise in delinquencies on auto loans in Brazil may be explained by incentive programs, but there's no systemic concern about auto loans in Brazil, according to an official at the country's largest bank, ...  

SAO PAULO (Dow Jones)--Banco Santander Brasil S/A (BSBR, SANB11.BR, SANB3.BR, SANB4.BR), the Brazilian unit of Spanish bank Banco Santander SA (STD, SAN.MC), posted on Thursday a 3.3% decrease in profit in the first quarter from a ...