Brazil

Chevron fined $28 million, faces Brazil spill backlash

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RIO DE JANEIRO - Brazil's government slapped Chevron with a $28 million fine on Monday for causing an offshore oil spill, and the penalty could rise as the U.S. company faces a political backlash over the accident. | Video

Analysis: Chevron spill may complicate Brazil oil dreams

RIO DE JANEIRO - Chevron's oil spill off the Brazilian coast exposes the major environmental risks of tapping the country's new oil wealth and could further delay development by fueling nationalistic oil politics.

21 Nov 2011

Chevron fined $28 million, faces backlash for Brazil spill

RIO DE JANEIRO - Brazil's government slapped Chevron with a $28 million fine on Monday for causing an oil spill off the country's coast, a penalty that could rise as the U.S. company faces a political backlash over the accident.

Gulf Oil Spill 21 Nov 2011

Direct Edge to open new exchange in Brazil

- U.S.-based stock exchange operator Direct Edge plans to open a bourse in Brazil in a move meant to tap the country's fast-growing financial sector, and to speed the splintering of marketplaces globally.

21 Nov 2011

Witness: Bureaucracy mindbend - Brazil taxes my busted microwave

RIO DE JANEIRO - I was hoping to leave my old broken microwave behind when I leave Brazil this month, but the government is not having any of it.

World, 21 Nov 2011

Healthy male diet may boost IVF success: study

- The chances of a successful in-vitro fertilisation increase if men have a diet high in fruit and grains, and low in red meat, alcohol and coffee, a Brazilian study on the male sperm said.

Health, 20 Nov 2011

Chevron takes full responsibility for Brazil spill

RIO DE JANEIRO - U.S. oil company Chevron promised to fully clean-up a spill off Brazil's coast, the CEO of the local subsidiary, George Buck, said on Sunday, taking responsibility for an accident that has become a major test for one of the world's fastest-growing oil frontiers.

Gulf Oil Spill 20 Nov 2011

Chevron says pressure error led to Brazil leak: report

SAO PAULO - A miscalculation of the pressure in Chevron's offshore Frade project led to an oil spill off Brazil's coast last week, a local newspaper said on Saturday, citing the president of Chevron Brasil.

19 Nov 2011

Latam art sales in U.S. have best year since 2008

NEW YORK - Latin American art sales, which totaled nearly $90 million in New York in 2011, scored their best year since the 2008 financial crisis, aided by a boom in Brazilian art and demand from Asia.

Entertainment, Fashion, Arts, 18 Nov 2011

Dealtalk: Brazil slowdown may limit bids for HBSC's Losango

SAO PAULO - Brazilian lenders, concerned about slowing economic growth and eroding credit quality, are unlikely to bid aggressively for HSBC Holdings' Losango consumer finance unit.

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Egyptian protesters struggle to throw off army rule

CAIRO - Egyptians frustrated with military rule battled police in the streets again on Tuesday as the generals scrambled to cope with the cabinet's proffered resignation after bloodshed that has jolted plans for Egypt's first free election in decades. | Video