Brazil

Cenibra may kill $2.5 bln Brazil pulp project: report

SAO PAULO - The Japanese controlled venture company Cenibra may abandon a $2.5 billion Brazilian pulp project due to uncertainty over government policy on foreign land purchases, a paper said on Saturday.

Analysis: Brazil's oil boom could see its first bust

SAO PAULO - Brazil's huge offshore oil wealth has been called a lottery jackpot, and each of the industry's contracts is another winning ticket. But even with a lucky stub in hand, some companies risk going broke before they can claim their prize.

17 Dec 2011

Special report: the billionaire from Brazil

RIO DE JANEIRO - Eike Batista sits atop one of the world's most expansive industrial conglomerates, ranging from oil and mining to recreation and beauty care. Already the richest person in Brazil, he wants to be the richest in the world. | Video

Special Reports 17 Dec 2011

Chevron committed to Brazil despite lawsuit: executive

- Chevron Corp will stay the course in Brazil even as that country said it has filed a massive $11 billion lawsuit related to an offshore oil spill, a top company executive said on Thursday.

15 Dec 2011

Chevron, Transocean in $11 billion Brazil oil suit

RIO DE JANEIRO - Brazilian prosecutors sued Chevron Corp, the No. 2 U.S. oil company, and top offshore oil rig operator Transocean Ltd for 20 billion reais ($10.6 billion) over their alleged roles in a November oil spill near Rio de Janeiro.

Environment, 14 Dec 2011

Avon needs bold change as Jung's CEO tenure ends

- Avon Products Inc's new chief executive will need to figure out how to improve operations from Russia to Brazil, look at whether direct selling works in the United States and be someone who can charm the millions of representatives who sell its cosmetics to consumers.

Brazil's Lula is beating cancer, doctors say

SAO PAULO - A 75 percent reduction in the size of a tumor in former Brazilian President Luiz Inacio Lula da Silva's throat has surprised his doctors and could put the popular showman back on the active political roster as early as March.

World, 12 Dec 2011

LAN, TAM merger clear for takeoff: source

SAO PAULO - The merger between Chilean airline LAN and Brazilian counterpart TAM is likely to win approval with restrictions from Brazil's antitrust agency Cade, a high level official in the regulator said on Monday.

Brazil's Lula is beating cancer, doctors say

SAO PAULO - Doctors in charge of throat cancer treatment for former Brazilian President Luiz Inacio Lula da Silva called his response to chemotherapy "impressive" and said the tumor in his larynx had shrunk by 75 percent in size.

World, 12 Dec 2011

France pushes Syria meeting at divided U.N. council

UNITED NATIONS - The U.N. Security Council agreed on Friday to France's request for a briefing on Syria's rights crackdown from the U.N. human rights chief, overcoming resistance from Russia, China and Brazil, Western envoys said.

Photo

North Korean leader Kim Jong-il dead, son hailed as heir

SEOUL - North Korean leader Kim Jong-il died of a heart attack while on a train trip, state media reported on Monday, sparking immediate concern over who is in control of the reclusive state and its nuclear program.