SAO PAULO - Brazilian President Dilma Rousseff, dogged by a multibillion-dollar corruption scandal at state-run oil company Petrobras, vowed on Thursday to stamp out graft at the flagship firm and place it under strict corporate governance.
BRASILIA - A congressional committee investigating a mushrooming corruption scandal at Brazil's state-run oil company Petroleo Brasileiro SA recommended on Thursday that prosecutors bring charges against 52 people for alleged money laundering and racketeering.
PARIS/SAO PAULO - Carrefour has sold a 10 percent stake in its Brazilian business to billionaire Abilio Diniz, a step towards a possible separate listing as the world's No.2 retailer looks to raise cash to accelerate growth in its second-largest market.
BRASILIA - Brazilian President Dilma Rousseff's approval rating has not suffered from a widening corruption scandal involving state-run oil company Petroleo Brasileiro SA and many Brazilians continue to trust her, a poll showed on Wednesday.
SAO PAULO - Brazilian tycoon Abilio Diniz is in talks with Carrefour SA about buying a stake in the French retailer's Brazilian unit, a source with direct knowledge of the situation said on Wednesday.
RIO DE JANEIRO - Prosecutors in Rio de Janeiro said on Tuesday that they were seeking to indict the former chief executive officer of Brazilian state-run oil company Petroleo Brasileiro SA and a leading local construction and engineering firm for fraud.
SAO PAULO - Brazilian prosecutors said on Monday they had filed criminal charges against another former executive at Petrobras and three other people for alleged involvement in a massive kickback scheme at the state-run oil company.
RIO DE JANEIRO/SAO PAULO - Cia Siderurgica Nacional SA, Brazil's largest diversified steelmaker, and a group of Asian partners agreed on Friday to move forward with a merger of their mining and logistics assets that would be completed next year.
CURITIBA, Brazil - Brazilian prosecutors on Thursday formally charged executives of six of the country's largest engineering firms with forming a cartel to funnel kickbacks from state-run oil company Petrobras to the ruling political party and its allies.
BRASILIA/SAO PAULO - The Brazilian government is working on a plan to help embattled state-controlled oil producer Petrobras borrow money through an offering of asset-backed securities before year end, Mines and Energy Minister Edison Lobão said on Thursday.
TUNIS - Tunisians voted on Sunday in a presidential run-off election that completes the country's transition to full democracy nearly four years after an uprising which ousted autocrat Zine El-Abidine Ben Ali.