Brazil

Brazil's HRT to sign Amazon gas sale contract by end 2013: CEO

RIO DE JANEIRO - Brazilian oil company HRT Participacoes em Petroleo SA will define its plans to sell natural gas from a large, isolated Amazon field by the end of 2012, meeting a promise to investors, the company's chief executive said Monday.

Brazil oil agency ANP appeals Transocean, Chevron oil spill ban

RIO DE JANEIRO - Brazil's petroleum regulator ANP appealed an injunction on Monday banning Transocean Ltd and Chevron Corp from operating in Brazil on the grounds the ban would harm oil exploration in the country, ANP chief Magda Chambriard said.

17 Sep 2012

Brazil's Gavea buys stake in accessories retailer Chilli Beans

SAO PAULO - Gávea Investimentos, the Brazilian investment fund founded by former central bank head Arminio Fraga, on Monday bought a 29.8 percent stake in accessories retailer Chilli Beans to tap higher demand for eyewear and clothing among the nation's emerging middle class.

Mexico's fledgling startups: Facebook-sized ambitions

MEXICO CITY - In a mosquito-ridden hall in downtown Mexico City, hundreds of wannabe Mark Zuckerbergs gather to build the Latin American giant's newest industry, one app at a time.

Lifestyle, Mexico 17 Sep 2012

China's Lenovo to buy Brazilian electronics company CCE

SAO PAULO/HONG KONG - China's Lenovo Group Ltd agreed on Wednesday to buy Brazilian electronics maker CCE, as the world's No. 2 PC maker by sales bets that Brazil's promising consumer market can help revive its slowing profit growth.

Insight: U.S. and Brazil - At last, friends on ethanol

BRASILIA - After years at each other's throats, Brazil and the United States are working together to promote the use of ethanol in a collaboration that could revolutionize global markets and the makeup of the biofuel itself.

Anglo American allowed to resume Brazil iron mine work

RIO DE JANEIRO - Anglo American Plc received approval from a Brazilian court to restart mine construction at its Minas-Rio iron ore project, the company said on Thursday.

Environment, 13 Sep 2012

Brazil bank workers call indefinite strike as talks collapse

- Brazil's bank workers will take to the streets next week to demand higher pay, the latest in a spree of labor disputes afflicting Latin America's largest economy.

World, 13 Sep 2012

Carlyle to buy controlling stake in Brazil's Tok&Stok;

SAO PAULO - Carlyle Group , the world's No. 2 buyout firm, said it struck a deal to buy a 60 percent stake in Brazilian furniture retailer Tok&Stok;, seeking to expand in a buoyant consumer market with rising incomes and robust demand for homes.

Merrill Lynch must pay $3.6 million to Brazilian banking heiress

- Merrill Lynch must pay $3.6 million to an heiress from Brazil who said she lost tens of millions of dollars due to unauthorized trades made by her brother in her account, a securities arbitration panel has ruled.

12 Sep 2012
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Anti-Japan protests reignite across China on occupation anniversary

BEIJING/TOKYO - Anti-Japan protests reignited across China on Tuesday, the sensitive anniversary marking Tokyo's occupation of its giant neighbor, escalating a maritime dispute which has forced major Japanese firms to suspend business there. | Video

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A Mafia in FATA: Haqqanis and Drones

A new report about the Haqqani network's business interests raises questions about the anti-drones narrative in Pakistan