Brazil
Acura, BMW and Cadillac eye Brazil's luxury car market
SAO PAULO - Japan's Honda Motor Co said on Monday it plans to sell its Acura brand in Brazil beginning in 2015, making it the latest carmaker to aim its luxury vehicle range at the country's buoyant high-end consumer market.
GM weighs selling but not building Cadillacs in Brazil
SAO PAULO - General Motors Co is thinking about selling its Cadillac brand in Brazil but has no plans to build any of the luxury vehicles there, the world's No. 4 automotive market.
GM-PSA to announce purchasing pact soon
SAO PAULO - General Motors Co and PSA Peugeot Citroen will announce their joint purchasing agreement soon, though they have no immediate plans to build cars together in Brazil, GM executives said on Sunday.
BMW to invest $395 million in new Brazil car plant: sources
SAO PAULO - German automaker BMW plans to invest 800 million reais ($395 million) to build a new assembly plant in Brazil, sources with direct knowledge of the project told Reuters on Friday.
Petrobras to cut costs by up to $7.5 billion in 2013
RIO DE JANEIRO - Brazil's state-led oil company, Petrobras , said on Friday it plans to cut as much as 15 billion reais ($7.5 billion) from operational costs next year, in a move aimed at reinstilling investor confidence and ending years of missed output targets.
Petrobras to cut costs by up to $7.5 billion in 2013: source
RIO DE JANEIRO - Brazil's state-led oil company, Petrobras , plans to cut between 5 billion reais and 15 billion reais ($2.5 billion and $7.5 billion) from operational costs next year, sources with direct knowledge of the plans said on Friday.
Brazil's Rousseff enacts forest law in blow to farm lobby
BRASILIA - Brazil enacted a controversial law on Thursday meant to protect forests and force farmers to replant trees on scattered swathes of illegally cleared land totaling an area roughly the size of Italy.
Venezuela's Chavez should prepare for succession: Lula
BUENOS AIRES - Venezuela's newly re-elected president, Hugo Chavez, should start preparing to hand over power, former two-time Brazilian President Luiz Inacio Lula da Silva said in a newspaper interview published on Thursday.
Portugal picks Synergy for final TAP airline bid
LISBON - Portugal on Thursday named Synergy Aerospace, owned by Brazilian airline entrepreneur German Efromovich, as the sole potential buyer of its struggling national carrier TAP.
Brazil upholds U.S. pilots' convictions in 2006 air disaster
BRASILIA - A Brazilian federal court on Monday upheld the conviction of two U.S. pilots for their role in Brazil's second-worst airline disaster, a 2006 midair collision over the Amazon in which 154 people died.
Syria rebels pessimistic on mediator's ceasefire plan
BEIRUT - Syrian rebels cast doubt on Monday on prospects for a temporary truce aimed at stemming bloodshed in the 19-month-old conflict, saying it was not clear how an informal ceasefire this week could be implemented. | Video
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
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