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Brazil cane crop size hard to gauge due to irregular rains

SAO PAULO Sugar market players in Brazil are diverging widely about the size of the 2018-19 cane crop in the center-south, the world's largest sugar producing region, as erratic weather makes it difficult to assess the season's likely final tally.

Walmart-Advent deal gets Brazil antitrust nod

SAO PAULO Brazil's antitrust watchdog Cade on Friday approved buyout firm Advent International's acquisition of Walmart Inc's Brazilian operations, and sought no additional asset sales.

Brazil police arrest 15 in Sao Paulo highway probe

RIO DE JANEIRO Brazilian authorities arrested 15 people on Thursday as part of an investigation into alleged corruption in highway contracts in the state of Sao Paulo, according to a statement from federal prosecutors and police.

Deforestation in Brazil savannah ticked up in 2017 after 2016 drop

BRASILIA Deforestation in Brazil's vast savannah, which takes up 25 percent of the country, ticked up in 2017 after a sharp drop in 2016, the Environment Ministry said on Thursday, outpacing destruction of the Amazon rainforest.

Trucker strike lifts Brazil inflation to two-year high in mid-June

BRASILIA Brazil's inflation rate soared back to the central bank's official target range in mid-June after a nationwide protest by truckers drove product shortages across the board, lifting consumer prices by the most in more than two years.

After tower blaze, little help for Sao Paulo squatters

SAO PAULO For years, 66-year-old Vera Helena, one of the matriarchs of a squatter community occupying an abandoned tower in downtown Sao Paulo, has waited for a call to say she won a slot in the city's coveted public housing lottery.

Relaxing of Brazil local content rules will boost oil output capacity: report

RIO DE JANEIRO Brazil's move to ease rules forcing oil producers to buy from domestic suppliers means Latin America's top producer will be able to sustain output of 5 million barrels per day (pbd) by the mid-2020s, compared to just 3.7 million bpd under prior rules, consultancy Wood Mackenzie said in a report on Wednesday.

Strike seen lifting Brazil monthly inflation to two-year high

BRASILIA Product shortages driven by an 11-day truckers' strike in late May likely lifted Brazilian consumer prices in the month to mid-June by the most in more than two years, driving the annual inflation rate comfortably back to the official target range.

Exclusive: Anglo American wins permits to explore for copper in north Brazil

RIO DE JANEIRO Miner Anglo American Plc clinched hundreds of permits this month to explore for copper in a remote part of northern Brazil, Brazilian authorities said, as the growing electric vehicle market and a scarcity of shovel-ready mining projects fuels demand for the metal.

Copersucar sees smaller Brazil crop, better outlook for sugar prices

SAO PAULO Brazil's Copersucar, the world's largest sugar and ethanol seller, expects smaller sugar production in the Brazilian center-south region in the current season due to aging cane fields and drier weather and sees a more positive outlook for sugar prices.

Exclusive: Amazon to tap Brazil beauty obsession with cosmetics partners

SAO PAULO Amazon.com Inc is recruiting major Brazilian cosmetics firms Grupo Boticario and Natura Cosmeticos SA to sell via the logistics platform it is developing in Brazil, three people familiar with talks told Reuters, making an early play for the world's fourth-largest beauty market. | Video

Brazilian farmers paid to "produce" water in fight against scarcity

PLANALTINA, Brazil (Thomson Reuters Foundation) - Surveying a field of 50,000 green peppers, Daniel de Almeida proudly explains how he "produces" all the water needed by crops and livestock on his farm on the outskirts of Brasilia, a city about to end water rationing after a severe drought.

Brazil steel baron ready to be leftist's running mate: source

BRASILIA/SAO PAULO Brazilian presidential candidate Ciro Gomes has sounded out steelmaking tycoon Benjamin Steinbruch as a possible vice presidential running mate in October and he would join the ticket if invited, a person close to Steinbruch told Reuters.

Leftist presidential hopeful would end Brazil oil refining monopoly: adviser

SAO PAULO The leading leftist candidate in Brazil's presidential race, Ciro Gomes, would end the refining monopoly of state oil company Petroleo Brasileiro SA, a senior Gomes adviser told Reuters.

Brazil watchdog fines Morgan Stanley, Royal Bank of Canada for forex manipulation

BRASILIA Brazil's antitrust watchdog on Wednesday fined Morgan Stanley and Royal Bank of Canada a total of 42.9 million reais ($11.6 million) for meddling with foreign exchange rates charged to clients.

Brazil overhauls decades-old mining law to lure investment

BRASILIA Brazil's President Michel Temer issued two decrees on Tuesday overhauling 50-year-old mining laws in attempt to draw investment to the sector and implementing rules on the collection of higher mining royalties.

Brazil probes California firm for 'biopiracy' of tropical fruit açaí

BRASILIA Brazilian prosecutors said on Tuesday that they were investigating a U.S. company for alleged 'biopiracy,' accusing it of illegally using genetic components of the tropical berry açaí in nutritional supplements it sells.

Brazil truck freight talks lag, lead to shipping delays

BRASÍLIA Talks on new prices for truck freight in Brazil, following a nationwide truckers strike in May, have yet to be concluded and the lack of a deal is hurting goods transportation, Brazil's Agriculture Minister Blairo Maggi said on Tuesday.

Brazilians not so soccer mad after all, report suggests

ZURICH Brazil's reputation as a soccer-mad country has been dented by a report which found that only 60 percent of those interviewed said they were interested in the sport.

Brazil sugar, coffee producers lock in profits on currency drop

SAO PAULO Many Brazilian coffee and sugar producers saw a rare opportunity last week to fix prices with solid profit margins at a moment of global oversupply for both products, moving quickly to cash in when the local currency hit its cheapest levels in two years.