Aug 15 Colombia's Avianca Holdings
said on Thursday that internal investigators are looking into
potential bribery, as the airline had in the past given free
tickets and free upgrades to government officials of several
SAO PAULO Brazilian planemaker Embraer on Wednesday swung to a $7.2 million profit in the second quarter as higher revenue at its executive jets business offset lower commercial jet sales, but still played down hopes of turning a profit in 2019.
SAO PAULO Four inmates in northern Brazil were suffocated to death on Tuesday as they were being transported from a violent prison where 57 others were killed on Monday in an orgy of gang-related bloodletting, authorities said.
WASHINGTON/BRASILIA/SAO PAULO President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.
SAO PAULO Armed men stole $40 million (£32 million) of gold and other precious metals on Thursday from a Sao Paulo cargo terminal at South America's busiest airport, taking two hostages, police said. | Video
United Airlines launched a management overhaul at Colombia's Avianca Holdings on Friday, removing top shareholder German Efromovich from controlling the cash-strapped airline, according to regulatory filings.
SAO PAULO Boeing Co on Thursday said that after taking over Brazilian planemaker Embraer SA's passenger jet unit, it will call the division Boeing Brasil - Commercial, dropping one of Brazil's most iconic company names.
SAO PAULO Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernardo do Campo, an industrial city near Sao Paulo.
SAO PAULO U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according to a legal document seen by Reuters.
SAO PAULO Embraer SA reported a $42.5 million loss for the first quarter on Wednesday, its fifth straight quarter of losses, as revenue fell amid fewer plane deliveries and as the Brazilian planemaker spent heavily ahead of a deal with Boeing Co.