Brazil

FTSE marks biggest weekly drop in a month

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LONDON - Britain's blue-chip share index marked its biggest weekly drop in a month on Friday, with miners slipping on a slowdown in China and banks falling after Brazil said it was investigating some global lenders' currency market activity.

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UBS has whistleblower deal in Brazil currency investigation - paper 12:47pm BST

SAO PAULO - Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil's currency market and will receive no punishment in the case, a local newspaper reported on Friday.

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Brazil government expects Petrobras to lose key oil rights - source 02 Jul 2015

BRASILIA - Brazil's government expects a bill ending state-run Petrobras' dominant role in key offshore oil areas to pass Congress, reversing one of President Dilma Rousseff's signature policies, a source told Reuters on Thursday.

Brazil government expects Petrobras to lose key oil rights -source 02 Jul 2015

BRASILIA, July 2 - Brazil's government expects a bill ending state-run Petrobras' dominant role in key offshore oil areas to pass Congress, reversing one of President Dilma Rousseff's signature policies, a source told Reuters on Thursday.

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Brazil probes currency market activity of 15 global banks 02 Jul 2015

SAO PAULO/BRASILIA - Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets globally.

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Brazil probes currency market activity of 15 global banks 02 Jul 2015

SAO PAULO/BRASILIA - Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets globally.

UPDATE 4-Brazil police arrest another former Petrobras exec in probe 02 Jul 2015

SAO PAULO, July 2 - Brazilian police arrested Jorge Zelada, former director of Petrobras' international division, as part of an ongoing investigation into bribery and corruption at the state-run oil producer, prosecutors said on Thursday.

Brazil police arrest another former Petrobras exec in probe 02 Jul 2015

SAO PAULO - Brazilian police arrested Jorge Zelada, former director of Petrobras' international division, as part of an ongoing investigation into bribery and corruption at the state-run oil producer, prosecutors said on Thursday.

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Indian league buzzing with reports of Carlos arrival 02 Jul 2015

MUMBAI - Amid talks of former Brazil and Real Madrid defender Roberto Carlos joining the Delhi team as marquee manager, the second season of the Indian Super League is kicking up the same kind of buzz that preceded the inaugural edition of the tournament.

South African, Brazilian projects win Norwegian CO2 credit tender 02 Jul 2015

LONDON - The Norwegian government has selected a total of five projects in Brazil and South Africa under its second tender to purchase carbon credits to meet its emission targets, helping prop up ailing demand for carbon-cutting projects.

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Greeks deeply divided heading into crucial vote

ATHENS - Tens of thousands of Greeks took to the streets on Friday in rival rallies that laid bare the deep divide heading into a referendum that may decide the country’s future in Europe’s single currency. | Video