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Dilma Rousseff

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  1. Luiz Inacio Lula da Silva
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Exclusive: Brazil closer to Boeing on jets deal after Biden visit

Brazil is closer to choosing Boeing Co.'s F-18 for one of the developing world's most sought-after defense contracts after U.S. Vice President Joe Biden addressed the government's main misgivings during a visit to Brasilia, officials told Reuters.Biden met with President Dilma Rousseff on Friday and assured her that the U.S. Congress was likely to respect Boeing's agreement to transfer sensitive technology to Brazil as part of the deal, three officials who were present said on condition of anonymity.The deal will involve 36 jets worth about $4 billion, with probable follow-up orders that would greatly increase the value of the contract over time. That makes it a critical prize for defense companies at a moment when the United States and many European countries are tightening military budgets.The other finalists are France's Dassault Aviation SA and Sweden's Saab AB .Rousseff has not made her final decision, and the timing for an announcement remains unclear, the officials stressed.But ...

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  1. Pressure Mounts in Brazil For April Interest-Rate Increase-Report

    Pressure has increased on Brazil's central bank to raise rates already during its next monetary policy meeting this month, rather than waiting until May, after April...

  2. Batista's OGX Drops on Financing Outlook

    Shares in OGX Petroleo e Gas Participacoes SA (OGXPY, OGXP3.BR) extended losses Friday after the oil company controlled by Brazilian billionaire Eike Batista had its...

  3. Brazil's OGX, Controlled by Eike Batista, Down as Much as 17% Friday

    Shares in Brazil's OGX Petroleo & Gas (OGXP3.BR) extended losses on Friday, slumping as much as 17%, after the oil company controlled by Brazilian billionaire Eike B...

  4. Batista's OGX Extends Losses in Brazil Trading, Plunges 16%

    OGX Petroleo & Gas (OGXP3.BR) extended losses on Friday, slumping 16%, after the oil company controlled by Brazilian billionaire Eike Batista had its credit rating c...

  5. Goldman's Cohn: Global Economy Slowly Improving

    The world's economy is improving, but the process of recovery is going to take time, according to Gary Cohn, president and chief operating officer of Goldman Sachs G...

  6. Brazil Fipe Sao Paulo CPI Down 0.17% in March Vs +0.22% in February

    Inflation in Brazil's largest city, Sao Paulo, dropped in March as government measures to control it took effect.Consumer prices fell 0.17% in March compared with an...

  7. BRICS Agree to $100 Billion Reserve Fund

    The BRICS club of emerging markets on Wednesday said they will pool $100 billion of central bank reserves to guard against future economic crises in a bid to bolster...

  8. Brazil's ANP OKs Shell, Repsol, OGX For May Oil Bid Round

    Oil companies Shell, Repsol and OGX Petroleum and Gas are among qualifiers to bid in Brazil's 11th round oil exploration area bidding scheduled for May, the country'...

  9. GM cuts workers at Brazil factory on productivity concerns

    General Motors Co cut 598 workers on Tuesday at a plant in Sao Paulo state where the automaker has drawn political fire for attempts to shut down what it calls an un...

  10. Analysis: Brazil bond investors expect inflation to stay high

    No matter how tough Brazil's central bank talks about inflation, bond investors are not buying it.Inflation in Brazil has exceeded the mid-point of the bank's target...

  11. Untamed Inflation Turns Up Heat on Brazil's Central Bank

    The specter of inflation is once again haunting Brazil, with the nation's central bank broadly hinting at politically-charged interest rate hikes later in the year.E...

  12. Brazil Governors Plan New Proposal for Oil Royalties - Report

    Governors from 16 Brazilian states plan a new proposal to distribute revenue from oil production that would avoid a legal standoff and return billions in lost revenu...

  1. Analysis: Brazil investments have a long, potholed road ahead

    If you think you're seeing light at the end of the tunnel for Brazil's economy, look again: it's just brake lights from a growing line of 18-wheelers.Investment in B...

  2. Small Business Center 5/22/2013

    Embracing 'social selling' can help reinvent flexible entrepreneurship, for Jersey shore businesses reservations are down but optimism is up for the summer season, and Forbes releases its 10th Annual list of the 100 most powerful women in the world

  3. Brazil House Approves Port Rules Overhaul; Bill Moves to Senate

    Brazil's lower house Thursday morning gave final approval to a controversial decree reshaping the country's port regulations and sent the legislation to the country'...

  4. Brazil's Infraero Focuses on Services as Airport Concessions Advance

    As Brazil hands over more airports to private operators, the country's state-owned operator Infraero is setting up a services division that could be crucial to the c...

  5. ArcelorMittal: Infrastructure Program To Raise Brazil Steel Demand

    ArcelorMittal: Brazil per-capita steel consumption to rise on infrastructure plan-ArcelorMittal Brasil CEO sees weaker Brazilian real "inevitable" in coming years-Ar...

  6. Smaller Brazil ETFs Dinged by Rate Hike

    The beleaguered iShares MSCI Brazil Capped Index Fund (NYSE:EWZ), the largest ETF tracking Latin America's largest economy, is trading modestly higher Thursday, a da...

  7. Global Logistic Properties to Invest BRL1 Billion to Expand Brazil Operations

    Global Logistic Properties Ltd. (GBTZY, MC0.SG), which paid about 3 billion Brazilian reais ($1.5 billion) last year to become one of the country's leading operators...

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