Edition:
United Kingdom

Paula Arend Laier

RPT-ANALYSIS-Foreigners linger on sidelines of Brazil market party

14 Jan 2019

SAO PAULO, Jan 11 Brazil's Bovespa has rocketed to a 6.6 percent gain so far this year, making it the world's second-best performing stock market, but exchange data shows a persistent exodus of foreign capital in the early days of a new market-friendly administration.

Foreigners linger on sidelines of Brazil market party

11 Jan 2019

SAO PAULO Brazil's Bovespa has rocketed to a 6.6 percent gain so far this year, making it the world's second-best performing stock market, but exchange data shows a persistent exodus of foreign capital in the early days of a new market-friendly administration.

Brazil markets cheered by pro-business make-up of Bolsonaro team

16 Nov 2018

SAO PAULO Investors on Friday welcomed the appointment of Santander executive Roberto Campos to head Brazil's central bank as a sign President-elect Jair Bolsonaro will entrust economic and monetary policy to a market-friendly team of economists.

Brazil markets cheered by pro-business make-up of Bolsonaro team

16 Nov 2018

SAO PAULO, Nov 16 Investors on Friday welcomed the appointment of Santander executive Roberto Campos to head Brazil's central bank as a sign President-elect Jair Bolsonaro will entrust economic and monetary policy to a market-friendly team of economists.

Brazil markets rallied, then closed with losses after Bolsonaro victory

29 Oct 2018

SAO PAULO Brazilian stocks fell sharply on Monday after far-right lawmaker Jair Bolsonaro was elected president on a market-friendly agenda, as investors booked profits from a recent rally while waiting for new signs of progress on his agenda.

QIA sells stake in Santander Brasil worth $737 million

06 Apr 2017

SAO PAULO Qatar Investment Authority's sold about 2.5 percent of Banco Santander Brasil SA for 2.3 billion reais ($737 million) in a restricted offering after banks exercised an option to buy extra units, the bank said on Thursday.

Brazil scandal tests JBS, BRF push for overseas units IPOs

23 Mar 2017

SAO PAULO Brazil's two largest food processors are striving to restore confidence in their quality controls as they pursue plans to list overseas units after a scandal over alleged bribery of health officials that triggered bans on Brazilian meat exports.

Brazil retailers brace for weak fourth-quarter, analysts say

16 Jan 2017

SAO PAULO, Jan 16 Brazilian retail and consumer goods companies may post weak fourth-quarter results as the worst recession on record continued to hurt the sales and profitability of the country's largest brick-and-mortar chains, analysts said on Monday.

Brazil's BRF launches unit focused on Muslim food markets

04 Jan 2017

SAO PAULO Brazil's BRF SA has launched a unit focused on the Muslim processed foods market, underscoring efforts by the world's No. 1 poultry exporter to gain market share in the oil-rich Middle East.

Brazil mall landlords escape slump by renegotiating leases

30 Sep 2016

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.

World News

EU rebuffs Johnson's opening Brexit bid

Prime Minister Boris Johnson's demand that the European Union reopen the Brexit divorce deal was rebuffed on Tuesday by the bloc, which said Britain had failed to propose any realistic alternative to an agreed insurance policy for the Irish border.