Reuters. Deliverymen go on strike to demand better working conditions and pay 2/6 By Marcelo Rochabrun SAO PAULO (Reuters) – More than 1,000 motorcycle food deliverers gathered on Wednesday in São Paulo to protest their working conditions, set by Uber (N:) and other applications, as their services are in highRead More →
© Reuters. Spanish supermarket chain Dia appoints new Brazil CEO to lead restructuring SAO PAULO (Reuters) – Spanish supermarket chain Dia (MC:) said on Monday it has appointed Marcelo Maia as chief executive of its Brazilian subsidiary to lead a restructuring process in Brazil, and as part of a broaderRead More →
© Reuters. FILE PHOTO: President Donald Trump holds a campaign rally in Florida By Andrea Shalal and Gabriel Stargardter WASHINGTON/RIO DE JANEIRO (Reuters) – U.S. President Donald Trump ambushed Brazil and Argentina on Monday, announcing he would restore tariffs on U.S. steel and aluminum imports from the two countries inRead More →
SAO PAULO (Reuters) – A director of Brazilian development bank BNDES responsible for divestments has resigned, the bank said on Friday, in a move that may set back the bank’s privatizations and asset sales. In a statement, BNDES said Andre Laloni was leaving, citing personal reasons. Leonardo Cabral will temporarilyRead More →
There has been a persistent but largely uneventful conversation about climate change over the last several years. But in 2019, we may finally be seeing the beginning of real action. Democrats in the U.S. House of Representatives introduced a “Green New Deal” last spring. While it was voted down, allRead More →
Governments around the world are worrying about their citizens’ retirement security — they just approach it differently. Some use different versions of a pay-as-you-go system, where current workers pay for the benefits of current retirees — just as is done in the United States — while others have regulations thatRead More →
The fires sweeping through Brazil’s rainforests are prompting an international outcry, with G-7 countries promising $20 million in aid and a nonprofit backed by actor Leonardo DiCaprio pledging another $5 million toward the cause. French President Emmanuel Macron announced the G-7 aid package, saying that the Amazon represents the “lungs”Read More →
RIO de Janeiro (Reuters) – Brazilian mining company Vale SA said on Monday it would pay 400 million reais ($106.52 million) to compensate workers affected by the deadly rupture of a tailings dam in January that killed at least 240 people. In a statement, Vale said the deal also involvesRead More →
By Marta Nogueira RIO DE JANEIRO (Reuters) – The Brazilian unit of steel group ArcelorMittal moved 30 families from their houses near its Serra Azul mine in the town of Itatiaiuçu, Minas Gerais state, as a precautionary action after it ran a new risk evaluation of a dam close toRead More →
By Luciano Costa SAO PAULO (Reuters) – After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece of equipment made by General Electric Co (N:), a blow for GE’s Brazil unit as it battles competing suppliers from China and India. Brazil’s grid operator ONSRead More →
© Reuters. FILE PHOTO: The corporate logo of the Odebrecht SA construction conglomerate is pictured at its headquarters in Sao Paulo SAO PAULO (Reuters) – A Brazilian judge on Tuesday granted bankruptcy protection to engineering group Odebrecht, beginning the process of restructuring 51 billion reais ($13 billion) of debt. Odebrecht,Read More →
© Reuters. FILE PHOTO: Chicken are pictured at a poultry factory in Lapa city SAO PAULO (Reuters) – The Brazilian government has formally asked the World Trade Organization (WTO) to open a panel to investigate Indonesian policies on Brazil’s poultry exports, the Agriculture Ministry said on Friday. Brazil won aRead More →
© Reuters. Brazil’s Infrastructure Minister Tarcisio Gomes de Freitas attends an interview with Reuters in Brasilia BRASILIA (Reuters) – Three more foreign airlines are in talks with the Brazilian government to start domestic flight operations in the country, Brazil’s infrastructure minister Tarcisio Gomes de Freitas told reporters on Monday. HeRead More →
© Reuters. A Brazil Firm Sweats Over Getting Caught in U.S.-China Trade War (Bloomberg) — For Embraer Commercial, the escalating rift between the U.S. and China is making things awkward. That’s because the commercial plane-making unit of Embraer SA counts China as its biggest market and is in the processRead More →
© Reuters. FILE PHOTO: People are seen at the check in area in Guarulhos international airport, near Sao Paulo By Maria Carolina Marcello and Anthony Boadle BRASILIA (Reuters) – Brazil’s lower house of Congress voted on Tuesday to allow foreign-controlled airlines to operate domestic flights in Latin America’s largest economy,Read More →
© Reuters. FILE PHOTO: Brazil’s Infrastructure Minister Tarcisio Gomes de Freitas attends an interview with Reuters in Brasilia SAO PAULO (Reuters) – Spanish tourism and transportation company Grupo Globalia will launch a new air carrier in Brazil, Brazilian Infrastructure Minister Tarcísio Gomes de Freitas said in a message posted onRead More →
© Reuters. Federal prosecutor Marisa Ferrari is pictured in Rio de Janeiro By Brad Brooks RIO DE JANEIRO (Reuters) – The U.S. FBI is investigating corporate giants Johnson & Johnson (NYSE:), Siemens AG (DE:), General Electric (NYSE:) Co and Philips for allegedly paying kickbacks as part of a scheme involvingRead More →
Some of the most buzzworthy beauty treatments come with some ugly — and sometimes life-threatening — side effects. The New Mexico Department of Health is “strongly” encouraging anyone who received any injection-related procedures at the now-closed VIP Spa in Albuquerque between May and September 2018 to come in for freeRead More →
© Reuters. The Ford logo is seen at the Ford oldest Brazil plant after company announced its closure in Sao Bernardo do Campo By Marcelo Rochabrun SAO PAULO (Reuters) – Brazilian automaker CAOA has signed a confidentiality agreement to negotiate a potential purchase of Ford Motor (NYSE:) Co’s plant inRead More →
SÃO PAULO — Vale SA Chief Executive Fabio Schvartsman and other top executives of the Brazilian mining giant stepped down following pressure from authorities in the first sign investigators are zeroing in on the company’s leadership after the deadly collapse of one of its dams. The move came after BrazilianRead More →
© Reuters. FILE PHOTO: Embraer logo at LABACE in Sao Paulo RIO DE JANEIRO (Reuters) – A Brazilian federal court on Friday suspended negotiations for the tie-up of Brazilian aircraft maker Embraer SA and Boeing (NYSE:) Co, according to a court document. The court issued an injunction suspending a EmbraerRead More →
Brazil stocks lower at close of trade; Bovespa down 0.28% Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower. At the close in Sao Paulo, the lost 0.28%. The best performers of the session on the were BRFRead More →
© Reuters. The GM logo is seen at the General Motors plant in Sao Jose dos Campos SAO PAULO (Reuters) – General Motors Co (NYSE:) said on Saturday it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned lastRead More →
© Reuters. Brazil stocks higher at close of trade; Bovespa up 1.42% Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the , and sectors led shares higher. At the close in Sao Paulo, the gained 1.42%. The best performers of the session on theRead More →
© Reuters. A general view of the aftermath from a failed iron ore tailings dam in Brumadinho, Minas Gerais By Marta Nogueira RIO DE JANEIRO (Reuters) – The Brazilian prosecutor running talks to settle a lawsuit over a 2015 tailings dam rupture at the Samarco mine told Reuters on SaturdayRead More →
