SAO PAULO - UBS AG will restart investment banking operations in Brazil as early as next week, sources said, almost five years after Switzerland's biggest bank sold its highly profitable securities unit there following the global financial crisis.
SAO PAULO - Executives at Chile's CorpBanca SA pledged to disclose more data related to the lender's merger with Brazil's Itaú Unibanco Holding SA after an activist U.S. investor claimed the deal hampered the rights of minority shareholders.
SAO PAULO/NEW YORK - An activist U.S. investor has asked Chilean bank CorpBanca SA to reconsider its approval of a merger with Brazil's Itaú Unibanco Holding SA and to launch a new auction, alleging CorpBanca had sold its minority investors short while benefiting its key shareholder.
GENEVA - Fiat Chrysler Automobiles (FCA) expects a new plant in Brazil to boost its profitability in that market by 2017 after a cut to subsidies and currency effects hit profits there last year, Chief Executive Sergio Marchionne said on Tuesday.
SAO PAULO/NEW YORK - A United States activist investor is asking CorpBanca SA's board to scrap its recent tie-up with Brazil's Itaú Unibanco Holding SA and launch a new auction, alleging the Chilean bank sold its minority investors short while benefiting its controlling shareholder, according to documents seen by Reuters.
BRASILIA - Brazil's Supreme Court overturned racketeering convictions against former leaders of the ruling Workers Party on Thursday, reducing their prison sentences in the country's biggest political corruption case.
BRASILIA - Brazil is hoping to sell its upcoming KC-390 military cargo plane to Sweden as part of a $4.5 billion deal to buy 36 Gripen fighter jets made by Swedish company Saab AB .
SAO PAULO/BRASILIA - Brazil's economy ended 2013 on a upbeat note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with business leaders and win re-election in October.
SAO DESIDERIO, Brazil - Brazilian farmers are battling a voracious caterpillar that likely arrived from Asia, challenging the agricultural superpower's widely touted mastery of tropical farming just as it is on the verge of becoming the world's top soybean producer.
BRASILIA - Adidas agreed on Tuesday to stop selling two raunchy T-shirts months ahead of the World Cup in Brazil after the government complained that they associated the country with sexual tourism.
KUALA LUMPUR/PHU QUOC ISLAND, Vietnam - Officials investigating the disappearance of a Malaysia Airlines jetliner with 239 people on board suspect it may have disintegrated in mid-flight, a senior source said on Sunday, as Vietnam reported a possible sighting of wreckage from the plane. | Video
The criminal complaint against Ross William Ulbricht, known as "Dread Pirate Roberts."