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Brazil's Temer escapes corruption charges in committee vote


BRASILIA A congressional committee voted 39-26 on Wednesday to reject charges against Brazilian President Michel Temer stemming from a corruption case involving the world's largest meatpacker.

Time-Warner, AT&T win conditional antitrust nod in Brazil

BRASILIA Brazil's antitrust authority on Wednesday approved a merger of Time-Warner Inc and AT&T Inc , and allowed the companies to keep all of their assets in the country, under certain conditions.

COFCO delays $20 million port hub in southern Brazil

SAO PAULO A division of Chinese commodity trader COFCO has delayed completion of a $20 million port hub in southern Brazil, three sources told Reuters, as it struggles to reorganize operations after merging its Nidera BV and Noble Agri businesses.

Brazil's former Olympic chief charged in 2016 Games bribes investigation

RIO DE JANEIRO Brazilian prosecutors charged the former head of the national Olympics committee (COB), Carlos Nuzman, and five other people on Wednesday with corruption based on an investigation of alleged bribery to have Rio de Janeiro host the 2016 Games.

Brazil's Temer considers new BNDES chief ahead of graft vote

BRASILIA Brazil President Michel Temer is evaluating whether to appoint a new chief for state development bank BNDES who is connected to Congressional Speaker Rodrigo Maia, newspaper Estado de S. Paulo reported on Wednesday.

Amazon to ship electronics in Brazil from third-party sellers

SAO PAULO Amazon.com Inc began offering electronics from third-party sellers to Brazilian shoppers on Wednesday, expanding beyond books in the fiercely competitive e-commerce market in Latin America's largest economy.

Deforestation drops for first time in three years in Brazil's Amazon

BRASILIA Deforestation in Brazil's Amazon fell 16 percent in the year to July 2017 compared to the same period a year prior, the first decline in three years, the country's environment minister said on Tuesday.

Small-scale entrepreneurship picks up pace in Brazil: study

SAO PAULO The number of new companies in Brazil grew 5.1 percent in the third quarter from the previous period, as small-scale entrepreneurs begin to make bets on a nascent economic recovery, a study by credit provider Boa Vista SCPC showed on Tuesday.

Brazil brothers who control JBS to face insider trading trial

SAO PAULO The controlling shareholders of Brazil's JBS SA , the world's largest meatpacker, will face trial for alleged insider trading and market manipulation, a federal court confirmed on Monday.

Brazil antitrust regulator to approve AT&T-Time Warner merger: media

BRASILIA Brazil's antitrust regulator Cade is set to approve AT&T Inc's acquisition of Time Warner Inc on Wednesday, with conditions, newspaper Valor Economico reported on Monday.

Brazil Supreme Court blocks extradition of Italian leftist ex-guerilla Battisti

BRASILIA A Supreme Court injunction on Friday temporarily blocked the extradition of Cesare Battisti, an Italian left-wing former guerrilla convicted of murder in his country.

Female ride-hailing apps grow in Brazil on safety concerns

SAO PAULO Ride-hailing startups that cater solely to women are catching on in Brazil, reflecting safety concerns in one of the biggest markets for Uber Technologies Inc and other incumbents, which have invested heavily in security features.

Brazil Supreme Court allows Congress last word on removal of lawmakers

BRASILIA Brazil's Supreme Court on Wednesday decided to grant Congress the final word on decisions to remove a sitting politician, conceding a victory to lawmakers fighting to shield themselves from prosecution for corruption.

Brazil's president treated for small coronary blockage

BRASILIA Brazilian President Michel Temer is being treated for a slight blockage of a coronary artery, his office said on Wednesday, denying a press report that he would undergo an angiogram procedure later this month.

Brazil court freezes ex-leader Rousseff's assets over 2006 refinery deal

BRASILIA Brazil's federal audit court on Wednesday ordered a freeze of former President Dilma Rousseff's assets as well as those of José Sérgio Gabrielli, ex-head of state-run oil company Petrobras, over a $580 million loss in the 2006 purchase of a Texas refinery.

Brazil Olympic committee chief resigns amid bribe scandal

RIO DE JANEIRO The head of Brazil's Olympics committee announced his resignation on Wednesday following his arrest last week for arranging alleged bribes to win Rio de Janeiro's selection as host of the 2016 Summer Games.

Brazil to ramp up oil production before 'renewable era' hits: official

SAO PAULO Brazil plans to boost oil exploration and production to seize on its reserves before the world enters the "renewable era" and other technologies hurt demand for the fossil fuel, Deputy Energy Minister Paulo Pedrosa told Reuters on Wednesday.

Brazil congressional report recommends shelving Temer charges

BRASILIA A Brazilian congressional report recommended on Tuesday that President Michel Temer should not face trial for obstruction of justice and membership in a criminal organization, arguing that the charges against him were unfounded.

Brazilian activist awarded for fight against Amazon rainforest dam

RIO DE JANEIRO (Thomson Reuters Foundation) - A Brazilian activist on Tuesday won a top international honor for her long fight against a giant hydroelectric dam in the Amazon rainforest that has forced tens of thousands of indigenous people from their homes.

Brazil police say JBS owners 'profited' from inside information

BRASILIA Brazil's police investigation into insider trading by the owners of the world's largest meatpacker JBS SA has found that they made a profit by taking financial positions before details of their plea bargain deal with prosecutors became public, the head of the probe said on Tuesday.


Spain to suspend Catalonia's autonomy as it threatens with formal independence

MADRID Spain's central government said on Thursday it would suspend Catalonia's autonomy and impose direct rule after the region's leader threatened to go ahead with a formal declaration of independence if Madrid refused to hold talks. | Video