Brazil

Embraer books 'milestone' SkyWest deal worth up to $8.3 billion

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SAO PAULO - SkyWest Inc , the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA , in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion.

Brazil probes rumor that set off panic run on state bank

BRASILIA - Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend.

20 May 2013

Brazil probes rumor that set off panic run on state bank

BRASILIA - Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend.

World, 20 May 2013

Brazil Indians occupy cattle ranch in widening land dispute

SAO PAULO - Federal police ordered some 200 Terena Indians to leave a former congressman's ranch in south-central Brazil on Thursday in the latest flashpoint of a widening conflict over land ownership in South America's farm belt.

World, 16 May 2013

Brazil port modernization bill clears lower chamber of Congress

BRASILIA - Legislation that President Dilma Rousseff says is vital to her efforts to modernize Brazil's clogged and costly ports cleared the lower chamber of Congress after a marathon debate and is expected to win Senate approval later on Thursday.

World, 16 May 2013

Brazil judicial panel paves way for gay marriage

BRASILIA - Brazil has taken a big step towards joining Argentina and Uruguay as the first Latin American countries to legalize gay marriage, even though the Brazilian Congress has dragged its feet on the issue. | Video

Lifestyle, Argentina, 15 May 2013

Brazil port strike enters second day as Congress debates reform

SAO PAULO - Stevedores at Brazil's Santos and Rio de Janeiro ports entered the second day of a strike to protest proposed legislation that may open terminals to new private-sector investments.

World, 15 May 2013

Hopes of Americas sale rise as Thyssen takes writedown

FRANKFURT - German steelmaker ThyssenKrupp took another writedown on the value its Steel Americas business, driving it to an unexpected quarterly loss but raising hopes it is closer to selling the troubled asset.

Exclusive: Brazil's Rousseff sides with farmers in Indian land fight

BRASILIA/SAO PAULO - Brazilian President Dilma Rousseff has ordered her government to stop confiscating farmland to create new Indian reservations, government officials say, a policy reversal with major implications for one of the world's top agricultural producers.

World, 14 May 2013

Itaú to buy Citigroup consumer finance business in Brazil

SAO PAULO - Itaú Unibanco Holding SA will take over Citigroup Inc's Brazilian consumer finance units for 2.77 billion reais ($1.37 billion), as the nation's biggest bank by market value expands more rapidly in the local credit card market.

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U.S. may boost Syria rebels if Assad won't talk peace

AMMAN/BEIRUT - Washington threatened on Wednesday to increase support for Syria's rebels if President Bashar al-Assad refuses to discuss a political end to a civil war that is spreading across borders.

Ethiopia and Eritrea: An elusive peace on the cards?

Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.