Brazil

Snowden files show Canada spy agency runs global Internet watch: CBC

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OTTAWA - Canada's electronic spy agency has been intercepting and analyzing data on up to 15 million file downloads daily as part of a global surveillance program, according to a report published on Wednesday.

Fidel Castro in good health, Brazilian visitor says

HAVANA - Retired Cuban leader Fidel Castro is in good health, appearing skinny but lucid, a Brazilian theologian who met with him told official Cuban media on Wednesday.

World, Cuba, 28 Jan 2015

Brazil's Rousseff urges cabinet to back belt-tightening

BRASILIA - Brazil's President Dilma Rousseff urged her cabinet on Tuesday to embrace fiscal belt-tightening and other measures aimed at restoring business confidence and growth in her second term.

World, 27 Jan 2015

Petrobras may book $20 billion asset write-down: Veja magazine blog

SAO PAULO - Brazilian state-controlled oil company PetrĂ³leo Brasileiro SA could take a charge of about 52 billion reais ($20 billion) in its delayed third-quarter results to reduce the value of some assets, a Veja magazine blog said on Monday.

26 Jan 2015

Brazil risks recession as central bank bucks global trend, raises rate

SAO PAULO/BRASILIA - Brazilian President Dilma Rousseff's crusade to win back investor confidence has entrusted policymakers with the tough mission of hiking interest rates while major central banks cut them, raising the prospect of another recession in Latin America's biggest economy.

22 Jan 2015

Oi-Portugal Telecom merger seen set to hold

LISBON - Opposition to Brazilian group Oi's plans to sell off Portugal's former national telecoms operator, PT Portugal, is not expected to result in the business being returned to its former owner, Portugal Telecom SGPS, even if the immediate sale is blocked this week, analysts and lawyers said.

Deals, 19 Jan 2015

Nigeria summons Indonesian ambassador over drug execution

ABUJA - Nigeria has summoned Indonesia's ambassador over the execution of two of its citizens by firing squad for drug trafficking, echoing protests from Brazil and the Netherlands which also each had one of their nationals executed.

World, Indonesia, Africa 19 Jan 2015

Brazil, Netherlands recall Indonesia ambassadors after executions

JAKARTA - Brazil and the Netherlands recalled their ambassadors in Indonesia after the Southeast Asian nation ignored their pleas for clemency and executed six prisoners for drug offences on Sunday, the first executions under President Joko Widodo.

World, Indonesia 17 Jan 2015

Credit Suisse sees stable Brazil dealmaking activity this year

SAO PAULO - Mergers and acquisitions activity in Brazil this year is likely to have a performance similar to last year's even if sluggish growth further weighs down confidence in Latin America's largest economy, a senior Credit Suisse Group AG dealmaker in the country said.

Deals, 15 Jan 2015

Dry weather worries Brazil's center-west soy farmers

SAO PAULO - A long stretch of little-to-no rain since the beginning of the year in center-west Brazil is starting to worry soybean farmers, who fear productivity losses from the expected record crop.

Environment, 15 Jan 2015
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Ukraine, rebels hold fresh peace talks as fighting rages in east

MINSK/KIEV - A new round of peace talks got under way involving Ukraine and separatists on Saturday, even as fighting between Kiev government forces and the Russian-backed rebels raged in Ukraine's east, claiming civilian and military lives.