Brazil
Brazil launches first corn-only ethanol plant, hopes for more
SAO PAULO With a record corn crop in the silos and Brazil's president on hand, FS Bioenergia on Friday inaugurated the country's first ethanol plant processing only corn in the heartland of the South American grains powerhouse.
Brazil president weakened by graft charge, losing fiscal battle
BRASILIA Brazilian President Michel Temer has burned through political capital fighting corruption charges and is struggling to push forward his economic agenda meant to rein in a gaping budget deficit.
New Brazil ethanol policy should boost demand, M&A;
SAO PAULO An overhaul of Brazil's biofuels policy in coming days, aimed at cutting the country's carbon emissions, should boost demand for cleaner fuels, stabilize the volatile industry and accelerate a recent wave of mergers and acquisitions in the sector.
Brazil central bank chief says economy set to recover gradually
SAO PAULO The Brazilian economy has stabilized and is set to recover gradually in coming months as interest rates continue to fall, Central Bank President Ilan Goldfajn said on Friday.
Brazil nominates two from central bank for rate-setting board
SAO PAULO The Brazilian government on Friday nominated two officials of the central bank for its interest-rate setting board, according to the official gazette, pending approval by the Senate.
'Mermaids' find raison d'etre in Brazil
RIO DE JANEIRO Children with disabilities being treated at Brazil's hospitals, where economic hardship has crimped services, are getting an emotional lift from a mythical creature of the sea: a mermaid.
Brazil likely to raise 2017-18 budget gap goals to 159 billion reais: sources
BRASILIA Brazil will probably raise its budget deficit targets for 2017 and 2018 in an announcement planned for Monday, to cope with lower than expected tax revenues in its slow economic recovery, government sources said on Thursday.
Brazil's Vale sells two large ore carriers for $178 million
SAO PAULO Brazilian mining company Vale SA on Wednesday said it has sold two ships with a capacity to carry 400,000 tonnes of iron ore each for a total of $178 million.
Tougher Brazil antitrust tack may give IPOs edge over M&A;
SAO PAULO/BRASILIA Brazil's long-docile antitrust watchdog has shocked executives, lawyers and bankers by rejecting two high-profile planned takeovers in recent weeks, leading cash-starved companies to mull alternatives to mergers including share offerings.
Investors unfazed by wider fiscal deficit outlook in Brazil
SAO PAULO When former Brazilian President Dilma Rousseff's government repeatedly missed its fiscal targets, investors fled the country. Now that her successor, Michel Temer, seems poised to do the same, financial markets appear unperturbed.
In call with Trump, China's Xi urges restraint over North Korea
BEDMINSTER, N.J./BEIJING China's President Xi Jinping said there needs to be a peaceful resolution to the North Korean nuclear issue, and in a telephone call with U.S. President Donald Trump he urged all sides to avoid words or action that raise tensions. | Video
