Sluggish Latin American results show risks for U.S. companies


- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth.

General Motors may put Brazil workers on paid leave: union

SAO PAULO - General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy.

24 Jul 2014

Amgen growth in Brazil picks up, eyes doubling portfolio by 2020

SAO PAULO - Amgen Inc, the world's biggest biotechnology company, has had a surge in sales in Brazil this year and it plans to double its drug portfolio in the country by the end of the decade, the company's top local executive says.

Health, 23 Jul 2014

Telecom Italia CEO does not rule out merger of Brazilian unit

BRASILIA/MILAN - Telecom Italia does not rule out merging its Brazilian operator with a local rival but such a move is not on the agenda for now, its chief executive said after meeting Brazil's president on Wednesday.

Deals, 23 Jul 2014

Poll shows Brazil's Rousseff would win presidential runoff

SAO PAULO - Brazil President Dilma Rousseff would win a second-round runoff against either opponent and has 38 percent of voter support ahead of her October re-election bid, a new poll by the IBOPE polling institute showed on Tuesday.

World, 22 Jul 2014

Rains due to drench Brazil coffee, sugar cane harvests

SAO PAULO - Harvest of the world's biggest coffee and sugar cane crops may be stalled by the four to five days of rain that are in store for southeast Brazil starting Thursday, forecasters said on Tuesday.

Environment, 22 Jul 2014

Brazil approves new pesticide to combat coffee beetle

SAO PAULO - Brazil's government approved the use of pesticides with the active ingredient cyantraniliprole to fight the coffee borer beetle, a note published in the country's Official Gazette said on Friday.

Environment, 18 Jul 2014

China, Brazil close plane, finance, infrastructure deals

BRASILIA - China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.

World, China, 17 Jul 2014

Brazil's Embraer signs deal to sell 60 E-190s to China

BRASILIA - Brazil's Embraer SA agreed to sell 60 E-190 commercial passenger jets to China as part of a raft of deals signed by the presidents of the two countries to deepen commercial ties, the Brazilian government said on Thursday.

Banco do Brasil adds to comeback in Islamic funds

- A unit of Brazilian state-run lender Banco do Brasil SA plans to launch its first Islamic fund to help raise the profile of its Singapore unit, joining a growing list of asset managers returning to the sharia-compliant sector.

Deals, 17 Jul 2014

U.S.-Israeli tensions rise as hostilities in Gaza subside

GAZA/JERUSALEM - Israel sees no need for another Gaza ceasefire, an Israeli official was quoted as saying on Monday, as tensions between Prime Minister Benjamin Netanyahu's government and Washington flared over U.S. mediation to end the almost three-week-old war. | Video