MILAN/BARCELONA - Telecom Italia will examine a possible tie-up between its Brazilian unit Tim Participacoes and local group Oi , it said as it announced the sale of mobile phone masts for more than 900 million euros ($1.1 billion).
SAO PAULO - Brazil's JBS SA , the world's largest beef exporter, said on Friday its $1.25 billion purchase of Australian processed foods producer Primo Smallgoods would increase its presence in Asia.
SAO PAULO/BRASILIA - Respected Brazilian banking executive Joaquim Levy is among three finalists to become the country's next finance minister, and President Dilma Rousseff could announce her pick later on Friday, a government official said.
BARCELONA/MILAN - Telecom Italia will likely sell the mobile phone towers of its Brazilian unit to American Tower Corp for almost the full targeted amount of 900 million euros ($1.1 billion), two sources familiar with the situation told Reuters.
RIO DE JANEIRO - Eike Batista, once Brazil's richest man, arrived at a Rio de Janeiro courthouse on Tuesday for trial on charges of insider trading in the run up to the bankruptcy of his oil firm OGX, the largest bankruptcy in Latin American history.
SAO PAULO - Brazil's President Dilma Rousseff is politically responsible for a growing money-laundering and bribery scandal at state-run oil company Petroleo Brasileiro SA, although she was probably not personally involved enough to justify impeachment, the main opposition party's leader in the Senate said.
- A widening corruption scandal at state-run oil company Petroleo Brasileiro SA may change the country forever, Brazilian President Dilma Rousseff said on Sunday in her first public remarks since a sweeping police operation last week.
BRASILIA - The Brazilian government will not interfere with a police investigation into suspected graft at state-run oil company Petroleo Brasileiro SA, the country's justice minister said on Saturday.
RIO DE JANEIRO - Brazilian police arrested a former Petrobras executive on Friday and the state-run oil giant's shares sank 5 percent after it was forced by a widening corruption scandal to delay the release of its financial results.
By Svea Herbst-Bayliss, Jeffrey Dastin and Marcelo Teixeira
HONG KONG - Hong Kong police cleared activists from one of the largest protest sites in the city on Wednesday and arrested Joshua Wong and Lester Shum, two of the student leaders at the heart of the pro-democracy movement that has shaken the Asian financial hub.