Edition:
United States

Aluisio Alves

Card transactions climb in Brazil as more abandon cash

Sep 25 2018

SAO PAULO, Sept 25 Credit and debit card transactions in Brazil grew 13.6 percent in the first half of the year from a year earlier, as more Brazilians used cards instead of cash to pay for goods and services, card industry group Abecs said on Tuesday.

Brazil's Caixa to boost capital ratio with assets sales -CEO

Aug 31 2018

SAO PAULO, Aug 31 Brazilian state bank Caixa Econômica Federal will use proceeds raised in a new joint venture with France's CNP Assurances SA to boost its capital ratio, Chief Executive Officer Nelson Antonio de Souza told Reuters on Friday.

UPDATE 2-Brazil state bank Caixa will resume loan book growth in 2019

Aug 20 2018

SAO PAULO, Aug 20 Brazilian state bank Caixa Economica Federal will resume loan book growth in 2019 after its Tier 1 capital ratio reaches a satisfactory level, Chief Financial Officer Arno Meyer told journalists on Monday.

Brazil's Caixa creates online lottery after failed unit sale

Aug 10 2018

SAO PAULO, Aug 10 Brazilian state bank Caixa Econômica Federal on Friday launched an online lottery service, a month after a failed attempt to sell its lottery licensing unit Caixa Instantanea SA.

Brazil's Odebrecht open to foreign partner for construction unit

Aug 06 2018

SAO PAULO The construction unit of Brazilian conglomerate Odebrecht SA is seeking to win $18 billion in engineering contracts in the next two years and could partner with a strategic foreign investor, the unit's chief executive, Fabio Januário, told Reuters.

Brazil's Odebrecht open to foreign partner for construction unit

Aug 06 2018

SAO PAULO, Aug 6 The construction unit of Brazilian conglomerate Odebrecht SA is seeking to win $18 billion in engineering contracts in the next two years and could partner with a strategic foreign investor, the unit's chief executive, Fabio Januário, told Reuters.

After rescuing Petrobras, CEO Parente called in to calm BRF

Apr 26 2018

SAO PAULO A Brazilian commodities giant racking up losses as tensions flare on its board and corruption scandals grab headlines — Pedro Parente has been here before.

Brazil's Banco do Brasil to expand credit cards to non-clients

Apr 12 2018

SAO PAULO, April 12 Brazilian state-owned lender Banco do Brasil will seek an expansion of its credit card portfolio by issuing cards to non-clients, a top executive told Reuters on Thursday.

Apple Pay arrives in Brazil, partnering with Itaú Unibanco

Apr 04 2018

SAO PAULO Apple Inc's mobile payment platform Apple Pay arrived in Brazil on Wednesday with an exclusive partnership with Itaú Unibanco Holding SA, the country's largest private lender.

Brazil banks raise provisions for Odebrecht's construction unit -sources

Feb 23 2018

SAO PAULO/RIO DE JANEIRO, Feb 23 Major Brazilian banks are raising provisions to face a potential default by the construction unit of Brazilian conglomerate Odebrecht SA, three senior banking sources with knowledge of the matter said.

World News