Supreme Court ends the year with unexpected decisions
Rulings deal with forced testimonies, immunity and defenses of Paulo Maluf and Luiz Inácio Lula da Silva
Doubt is whether voter will compare recovery of 2018 with recession of the Rousseff years or growth of the Lula period
Agribusiness giant is the latest arrival to new export route, vowing to spend at least R$700m on bulk-grain terminal in the Amazon
Brasília to cut spending again as fiscal measures stall in Congress
14 hours and 3 minutes ago
Unable to approve the fiscal-adjustment measures in Congress, the economic team studies "alternatives" to offset the lower revenues and higher expenses, which could add at least R$21.4 billion to the deficit. During a breakfast with reporters on Tuesday, Finance Minister Henrique Meirelles avoided talking about tax increases but also did not rule out the possibility. "Let's see," he said. Efforts are aimed at ensuring compliance with the spending ceiling and the primary-deficit target of R$159 billion. Right now, the economic team wants to offset the loss of R$6 billion in revenues due to delay in the approval of the provisional measure (MP) that address the taxation of investment funds. To take effect in 2018, the MP would have to be approved still this year.
Controversial CEO pick and lack of clear strategy push meat producer to lowest price since March, even worse than scandal-plagued rival JBS
Idea is to issue provisional measure cutting red tape for the cession and sale of public areas
One of the biggest symbols of nefarious political meddling in a state-owned company is Petrobras
With big public deficit and gross debt on explosive course, the necessary effort to tackle the problem will have to continue for several years
Attacked on several fronts, corruption probe now depends on continuing authorization for jailing people convicted by appellate court
Operators of the latest airports auctioned opt for companies not implicated by Car Wash to carry out their upgrade works
Development bank is offering contingent credit lines and joining syndicate of banks to attract private-sector capital
Gauss and Canvas mature their strategies in funds sponsored by the Swiss group
Purchase of convertible bonds and local partnerships made only to own the land are some options on their menu
Postal service is struggling with falling revenues and ballooning health care spending, and faces accumulated loss of over R$6bn since 2014
Divisive but trusted by controlling family, executive could step in as conglomerate faces challenges recruiting top names amid governance push
David Vélez sees further growth for its fintech next year despite political uncertainties and fierce competition in banking industry
Leading beef-producing state in Brazil may increase its capacity by 25% as companies try to take advantage of JBS crisis
Effect typically seen in futures market is now appearing also on cost of loans to individuals
Calculations based on official data show 9m Brazilians surviving on $5.50 a day or less in 2015 and 2016
Some analysts argue new formula, to be set in 2019, should end automatic increases of social-security benefits
Latin America head Stephan Ketter minimizes election risks and bets on another 10% growth for the auto market next year
Engineering group will redeem bonds in order to deleverage and be prepared for recovery in infrastructure
Fiesp says Brazilian agribusiness prospects remain positive but there are challenges on the domestic front
Central Bank has said it plans to review the reserve; reduction would help banks as credit market starts recovering
Investment banks have been advising corporations to offer shares before electoral concerns sweep the markets
Trusted executive takes helm from Roberto Irineu Marinho, who will retain chairman role as media conglomerate seeks continuity
Brazil is ending 2017 on positive notes, but everything now will depend on the succession race
Rodrigo Maia says government campaign was not clear enough and negotiates alternative proposal
Benefits touted by government pitch will count nothing when lawmakers return from recess in February
Chemicals and fuel retail conglomerate will spend R$2.7bn next year on its five business units in advance of new expansion cycle
Capital crunch at biggest mortgage lender could crimp the moderately upbeat outlook fueled by slow economic rebound
On Wednesday morning there were 285 "firm" votes in favor of the proposed constitutional amendment, out of the 308 required
PT’s strategy of postponing ruling on the charges against ex-president is compromised by schedule for hearing appeals
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