Edition:
United States

Rodrigo Viga Gaier

BNDES hires financial advisors to sell stakes in companies -director

Dec 13 2018

RIO DE JANEIRO, Dec 13 Brazil's development bank BNDES is hiring financial advisors to sell stakes owned by its investment arm BNDESPar in large Brazilian companies.

Brazil Petrobras' next CEO already working inside company: sources

Dec 06 2018

RIO DE JANEIRO Petroleo Brasileiro SA's next CEO is already working within the Brazilian state-controlled oil firm and is talking with employees about business plans, four sources told Reuters.

New Petrobras CEO rules out privatization, wants non-core asset sales

Nov 19 2018

RIO DE JANEIRO A University of Chicago-trained economist named on Monday to head Brazil's Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core assets and to focus on oil exploration and production.

Technocrat with a deft touch, Petrobras' placeholder CEO may cling on

Nov 16 2018

RIO DE JANEIRO Brazil's right-wing President-elect Jair Bolsonaro has thrilled investors with pledges to transform the state's role in Latin America's largest country.

UPDATE 1-Banco Santander executive to head Brazilian central bank -minister

Nov 15 2018

RIO DE JANEIRO, Nov 15 Brazil's incoming right-wing government on Thursday named a senior executive at Banco Santander Brasil SA as the next head of the central bank, the latest sign President-elect Jair Bolsonaro is assembling a business friendly economic team.

Brazil pension reform legislation unlikely in 2018 - Bolsonaro

Nov 12 2018

RIO DE JANEIRO Brazil's Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country's currency to weaken in futures markets.

UPDATE 1-Brazil pension reform legislation unlikely in 2018 -Bolsonaro

Nov 12 2018

RIO DE JANEIRO, Nov 12 Brazil's Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country's currency to weaken in futures markets.

UPDATE 1-Brazil president-elect taps World Bank CFO as new BNDES chief

Nov 12 2018

RIO DE JANEIRO, Nov 12 World Bank chief financial officer and former Brazilian finance minister Joaquim Levy has accepted far-right President-elect Jair Bolsonaro's offer to lead state development bank BNDES, Bolsonaro adviser Paulo Guedes said on Monday.

Brazil taps World Bank CFO as new BNDES chief: source

Nov 12 2018

RIO DE JANEIRO, Nov 12 World Bank chief financial officer and former Brazilian finance minister Joaquim Levy has been invited by Brazil's incoming government to become the new president of state development bank BNDES, a source with knowledge of the matter said on Monday.

UPDATE 1-Brazil VP-elect 'impressed' after meeting with Petrobras executives

Nov 09 2018

RIO DE JANEIRO, Nov 9 Brazil's Vice-President-elect Hamilton Mourão said on Twitter he was "very much impressed" after meeting on Friday with top executives at state-run oil company Petroleo Brasileiro SA , in the midst of uncertainty over the company's future leadership.

World News

U.S. Senate hands Trump historic rebuke on Saudi Arabia

The U.S. Senate delivered a rare double rebuke to President Donald Trump on Saudi Arabia on Thursday, voting to end U.S. military support for the war in Yemen and blame the Saudi crown prince for the murder of journalist Jamal Khashoggi.