BRASILIA - Legislation that President Dilma Rousseff says is vital to her efforts to modernize Brazil's clogged and costly ports cleared the lower chamber of Congress after a marathon debate and is expected to win Senate approval later on Thursday.
BRASILIA - Brazil has taken a big step towards joining Argentina and Uruguay as the first Latin American countries to legalize gay marriage, even though the Brazilian Congress has dragged its feet on the issue. |
Video
SAO PAULO - Stevedores at Brazil's Santos and Rio de Janeiro ports entered the second day of a strike to protest proposed legislation that may open terminals to new private-sector investments.
FRANKFURT - German steelmaker ThyssenKrupp took another writedown on the value its Steel Americas business, driving it to an unexpected quarterly loss but raising hopes it is closer to selling the troubled asset.
BRASILIA/SAO PAULO - Brazilian President Dilma Rousseff has ordered her government to stop confiscating farmland to create new Indian reservations, government officials say, a policy reversal with major implications for one of the world's top agricultural producers.
SAO PAULO - Itau Unibanco Holding SA will take over Citigroup Inc's Brazilian consumer finance units for 2.77 billion reais ($1.37 billion), as the nation's biggest bank by market value expands more rapidly in the local credit card market.
BRASILIA/SAO PAULO - Brazilian President Dilma Rousseff has ordered her government to stop confiscating farmland to create new Indian reservations, government officials say, a policy reversal with major implications for one of the world's top agricultural producers.
SAO PAULO - Gafisa SA will decide on a possible initial public offering of its high-end Alphaville unit this year, Chief Executive Officer Duilio Calciolari said, a sign the Brazilian homebuilder is broadening its options to raise cash and pay down debt.
RIO DE JANEIRO - A minority partner of Via Varejo, Brazil's largest home appliance retailer, plans to sell as much as 2 billion reais ($988 million) worth of its stake in a public offering, newspaper Valor Economico reported on Monday.