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Big week for Brazil IPOs leaves sweet taste for Carrefour, Biotoscana


SAO PAULO/BOGOTA The busiest week for initial public offerings in Brazil in four years ended on Friday on an upbeat note for issuers, as a nascent economic recovery and the passage of key economic reforms helped to lure global investors.

Brazil's Meirelles says no pension vote until conditions ripe

MENDOZA, Argentina Brazilian Finance Minister Henrique Meirelles said on Friday that the government's pension reform bill will only be put to the vote in Congress "when conditions are mature" and the timing is not certain.

Brazil's Temer says no more tax hikes, for now

MENDOZA, Argentina President Michel Temer said on Friday that his government has no plans for now to raise taxes again in its effort to meet this year's fiscal target, one day after raising taxes on fuels and announcing an additional spending freeze.

Brazil government lowers 2017 inflation forecast as recovery stumbles

SAO PAULO The Brazilian government lowered its forecast for inflation this year amid a slow economic recovery, which weighed on tax collection and forced it to cut public spending and raise taxes.

Brazil posts current account surplus of $1.3 billion in June

BRASILIA Brazil posted a current account surplus of $1.330 billion in June, central bank data showed on Friday, in line with market estimates of a surplus of $1.325 billion.

Brazil's Lula says he is being persecuted in court as supporters protest

SAO PAULO Former Brazilian President Luiz Inácio Lula da Silva, a leftist leader who is topping polls for the 2018 election, on Thursday told supporters protesting his conviction for corruption charges that his political opponents were persecuting him in the courts.

Sao Paulo rideshare rules draw ire of apps, rental agencies

SAO PAULO New rules restricting drivers of out-of-town vehicles from working with ride-hailing services in São Paulo came under fire from technology and rental car executives on Thursday, who threatened to legally challenge the decision in Brazil's biggest city.

Brazil raises taxes, freezes spending to meet target

BRASILIA Brazil's government on Thursday increased a spending freeze and raised taxes to cover a budget gap this year, reinforcing its commitment to fiscal discipline but dealing a potential blow to fragile economic growth.

Brazil to increase spending freeze by about 5 billion reais: sources

BRASILIA Brazil's government will increase this year's planned spending freeze by around 5 billion reais ($1.6 billion) as part of efforts to cover a budget shortfall, two sources with knowledge of the decision told Reuters on Thursday.

Brazil risks rodent-borne Hantavirus rise due to sugarcane, climate change: scientists

TEPIC, Mexico (Thomson Reuters Foundation) - The risk of being infected by the potentially fatal, rodent-borne Hantavirus could jump in Brazil's Sao Paulo state as climate change sends temperatures higher and farmers grow more sugarcane, said scientists.


Israeli raid, Jerusalem clashes ratchet tensions higher

JERUSALEM Israel sent extra troops into the occupied West Bank on Saturday and its police broke up a crowd of stone-throwing Palestinians in Jerusalem as international concern mounted over the deadliest outbreak of violence between the two sides for years. | Video