DUBLIN The limits of central bank largesse are set to be a hot topic in the coming week as global policymakers head to Washington for the annual International Monetary Find meetings and key data may harden the case for a tightening of U.S. monetary policy.
SAO PAULO, Sept 30 Brazil's state-led oil company Petrobras is unable to give its workers raises similar to those that increased pay by about 50 percent in real, inflation-adjusted terms over the past decade, Chief Executive Pedro Parente said on Friday.
RIO DE JANEIRO, Sept 30 Brazil may let state-led oil company Petrobras sell stakes in offshore oil blocks, known as transfer of rights areas, to help finance their development, a move that will require a change in the law, an energy ministry official said on Friday.
SAO PAULO, Sept 30 Brazilian President Michel Temer said on Friday he wants to "vaccinate" the country against "fiscal populism" with constitutional reform limiting increases in public spending that he expects to be approved by Congress.
BRASILIA Brazil posted its biggest primary budget deficit in August, central bank data showed on Friday, reflecting the dire state of the country's finances.
BRASILIA, Sept 30 Brazil posted its biggest primary budget deficit in August, central bank data showed on Friday, reflecting the dire state of the country's finances.
LONDON, Sept 30 Another hot run for Brazil and Latin America kept emerging market assets soaring in the third quarter and on course for what could be their best year since 2009.
RIO DE JANEIRO, Sept 30 Brazil's state-led electricity-utility holding company Eletrobras said on Friday that the country's power industry regulator ordered it to return 2.04 billion reais ($625 million) to a government utility expansion fund, one-third the amount it was ordered to pay before an appeal.
SAO PAULO, Sept 30 Decisions by Brazilian shopping mall operators to cut tenants' rents are limiting store vacancies, sparing operators from the nation's harshest economic recession in eight decades and helping fuel a 45 percent jump in their shares this year.
SAO PAULO Brazil is reviewing its procedures for controlling arms exports, Defense Minister Raul Jungmann said on Thursday, when asked about an investigation into a sale of guns by Forjas Taurus SA that allegedly violated U.N. sanctions.
MOSCOW/BEIRUT Russia is sending more warplanes to Syria to ramp up its air campaign, a Russian newspaper reported on Friday, as the United States said diplomacy to halt the violence was "on life support" but not dead yet. | Video