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Ricardo Brito

Brazil lawmakers open pension debate as Bolsonaro pushes private savings accounts

12:37pm EDT

BRASILIA Brazil's congressional committee on pension reform began debating a revised bill on Tuesday, as President Jair Bolsonaro urged lawmakers to rethink their move to drop his plan to introduce a retirement system based on private savings accounts.

Brazil wants China to invest in its infrastructure: vice president

Jun 13 2019

BRASILIA Brazil wants Chinese investment in infrastructure projects as long as investors create local jobs and play by Brazilian rules, Vice President Hamilton Mourao told Reuters in an interview.

Top Brazil appeals court suspends decision preventing Braskem dividend

Jun 12 2019

BRASILIA Brazil's top appeals court on Wednesday suspended a decision that prevented petrochemical company Braskem SA from holding a shareholders meeting to discuss the distribution of dividends.

Petrobras, Brazil government dodge bullet as Supreme Court approves asset sales

Jun 06 2019

BRASILIA Brazil's Supreme Court ruled on Thursday that state-run firms do not need congressional approval to sell their subsidiaries, a major victory for the government of President Jair Bolsonaro and state-run oil firm Petrobras.

Brazil's Petrobras expects narrow win in supreme court decision over asset sales: sources

Jun 05 2019

BRASILIA Brazil oil producer Petroleo Brasileiro expects to narrowly win a supreme court decision that would allow it to proceed with asset sales, according to two company sources involved in the case, freeing up billions of dollars.

Brazil court ruling affecting Petrobras sales pushed to Thursday

Jun 05 2019

BRASILIA Brazil's Supreme Court on Wednesday postponed a decision on whether asset sales by state companies require authorization by Congress, pushing to Thursday a ruling with major implications for the divestment plans of state-run oil company Petroleo Brasileiro SA, or Petrobras.

UPDATE 1-Brazil court ruling affecting Petrobras sales pushed to Thursday

Jun 05 2019

BRASILIA, June 5 Brazil's Supreme Court on Wednesday postponed a decision on whether asset sales by state companies require authorization by Congress, pushing to Thursday a ruling with major implications for the divestment plans of state-run oil company Petroleo Brasileiro SA, or Petrobras.

Brazil government, Petrobras lobby ahead of key privatization court ruling

May 30 2019

BRASILIA Brazilian state-run oil company Petrobras and sectors of the government are mobilizing in the lead-up to a Supreme Court session next week that could have a profound effect on privatizations in the country.

Brazil government, Petrobras lobby ahead of key privatization court ruling

May 30 2019

BRASILIA, May 30 Brazilian state-run oil company Petrobras and sectors of the government are mobilizing in the lead-up to a Supreme Court session later on Thursday that could have a profound effect on privatizations in the country.

Engie tells Brazil court it raised $3 billion for suspended deal

May 29 2019

BRASILIA Engie Brasil Energia informed Brazil's Supreme Court that it had already raised $3 billion abroad to buy Petrobras' TAG pipeline unit when the top court suspended the $8.6 billion acquisition last week, according to a document seen by Reuters on Wednesday.

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