Brazil

Exclusive: Korea's Mirae puts towers up for sale as Sao Paulo market heats up

SAO PAULO Mirae Asset Global Investments Co Ltd has put two office towers in Sao Paulo worth around 1 billion reais ($272 million) up for sale, three people familiar with the matter said, as South America's largest real estate market kicks into gear.

Brazil's wealthy farm belt backs Trump-like presidential candidate

CAMPO NOVO DO PARECIS, Brazil A right-wing Brazilian presidential candidate who compares himself to Donald Trump is attracting support across Brazil's farm belt, where the fiery former paratrooper may secure the funding needed for his bid to run Latin America's biggest country.

Factbox - Far-right Brazilian candidate thrives on controversy

Brazilian right-wing presidential candidate Jair Bolsonaro has stirred controversy with comments denigrating women, gay, black and indigenous people that have landed him in court but not erased his early polling lead in the country's October election.

Brazil busts online child porn rings, 132 arrested

BRASILIA Brazilian police arrested 132 men on Thursday in the country's largest offensive against child pornography on the internet, seizing more than 1 million picture files in 284 cities across the country, the government said.

Brazil charges 11 people with trying to set up Islamic State cell

BRASILIA Brazilian prosecutors have charged 11 people with planning to establish an Islamic State cell in Brazil and trying to recruit jihadists to send to Syria, the federal prosecutors office in the state of Goias said on Thursday.

Rural slave descendants risk all to fight for land in Brazil

MARIA JOAQUINA, Brazil (Thomson Reuters Foundation) - Rejane Maria da Costa has fallen out with neighbors and faced repeated death threats in her battle for Brazil to recognize her community's claim to the land their ancestors inhabited.

Bunge to sell part of its stake in Brazil's sugar unit IPO

SAO PAULO Global commodities trader Bunge Ltd plans to sell part of its stake in its Brazilian sugar and ethanol subsidiary, according to documents filed with Brazil's securities industry regulator CVM.

China's power investment group seeks new Brazil targets after $2 billion deal

SAO PAULO China's State Power Investment Corp is looking for new Brazilian acquisition targets, even after spending 7.2 billion reais ($2 billion) for a license to operate a hydroelectric plant in the country last September, a senior executive told Reuters.

Brazilian prosecutors charge JBS shareholder with corruption - source

BRASILIA Brazilian federal prosecutors presented charges against Joesley Batista, a major shareholder in meatpacker JBS SA , another senior executive and a former federal prosecutor accusing them of corruption, money laundering and obstruction of Justice, a source familiar with the matter said on Tuesday.

China to inspect 84 Brazil meatpacking plants for export clearance

BRASILIA China will dispatch teams to inspect 84 meatpacking plants in Brazil to evaluate them for exports to China, Brazil's Agriculture Ministry said in a statement on Tuesday.

Drought damages big portion of corn in Brazil's Mato Grosso

SINOP, Brazil Brazil's largest grain producing state of Mato Grosso is expected to harvest up to 15 percent less of so-called second corn because of a drought, the president of a group representing farmers in the region told Reuters on Monday.

Brazil election poll shows right-winger Bolsonaro holds lead

BRASILIA Right-wing Brazilian presidential candidate Jair Bolsonaro held on to his lead in early polling ahead of October elections, with leftist Ciro Gomes challenging the more moderate Marina Silva for second place, a survey showed on Monday.

Brazil to pass U.S. as world's largest soy producer in 2018

SAO PAULO Brazil will surpass the United States as the largest producer of soybeans this year, taking over the top ranking for the first time in history, oilseeds crusher group Abiove said on Friday.

Faltering Chinese soybean demand dents Brazil's chances of trade war bonanza

SINGAPORE/BEIJING An unexpected drop in short-term Chinese purchases of Brazilian soybeans is denting exports of the oilseed from the South American nation, which just a few weeks ago looked poised to benefit from a Washington-Beijing trade war.

In wake of councilwoman's murder, black Brazilians seek political voice

RIO DE JANEIRO When black Brazilian filmmaker Anderson Quack and rapper Nega Gizza launched their bids to run for office in October's elections, the absence of a murdered colleague cast a long shadow over the event in an impoverished district of Rio de Janeiro.

Swedish PM to testify as witness in Brazil fighter jet case

STOCKHOLM Swedish Prime Minister Stefan Lofven has been summoned to testify next month as a witness in a Brazilian corruption case involving the purchase of fighter jets by Brazil, the Stockholm District Court said on Wednesday.

Brazil anti-corruption judge says he will not run for president

BRASILIA Joaquim Barbosa, a former chief justice on Brazil's Supreme Court with anti-corruption credentials, said on Tuesday he would not run for the presidency in October, despite a growing clamor for his candidacy.

Bunge hires banks for Brazil IPO, but launch unlikely soon: sources

SAO PAULO Global commodities trader Bunge Ltd has hired banks to prepare an initial public offering (IPO) of its Brazilian sugarcane mills, but chances of an imminent launch are slim, two people with knowledge of the matter said on Tuesday.

Brazil soy boom spells bumper year for agricultural equipment

RIBEIRÃO PRETO, Brazil Agricultural equipment makers in Brazil are banking on strong sales this year, boosted by a second straight bumper soy crop and rising grain prices, which will more than offset weakness in the sugar cane sector, they said at a major trade show.