Tags: Brazil

Petrobras brings in Merrill to help in $5 billion selloff plan-sources

Indebted Brazilian oil company Petrobras (PETR4.SA) has brought in Bank of America Merrill Lynch (BAC.N) to help manage a multi-billion dollar divestment plan and has already contacted major oil companies who might be interested buyers, three sources familiar with the matter said on Wednesday.


Bund yields inch higher, euro holds ahead of ECB

German debt yields added to their biggest jump in almost three years and the euro held on to its gains on Wednesday, as investors waited to hear the ECB's view of a turbulent run for markets and its hopes for a Greek aid deal.

'FIFA 16' New Leagues includes Brazil, Chile, 3 South American; UEFA Champions League is EA Sports Next Big Project?

"FIFA 16" is set to arrive on consoles in September with new leagues such as Chile, Brazil, and 3 South American leagues as the newest addition to its available teams in the video game. EA Sports is also likely to release a standalone Euro title next year if it obtains the UEFA Champions league permit.

Brazil's Oi rethinks Unitel stake sale as Angola relations warm

Brazilian telecom group Oi SA (OIBR3.SA) is reconsidering the sale of its African assets as relations improve with an estranged partner, Chief Executive Bayard Gontijo said on Monday.


Latest News

Latest Android 5.1 update starts to roll out to Moto X (1st gen) devices in Brazil. U.S. owners can hope to have it 2-3 weeks. On the other hand, Motorola president Osterloch hinted that a Moto X (3rd gen) is being worked, and is slated for an August-October 2015 release.
The roaring stock market rallies of the United States, Japan and Europe show no sign of reaching most emerging markets, where lackluster economic growth and company profits point to a fifth straight year of lagging performance.
Nestle (NESN.VX) is in exclusive talks to sell its frozen food unit Davigel to food service operator Brakes Group as part of a drive to trim its sprawling portfolio.
The Brazilian iPhone was meant to mark a new era. When Taiwan's Foxconn Technology Group agreed in April 2011 to make Apple products here, President Dilma Rousseff and her advisers promised that up to $12 billion in investments over six years would transform the Brazilian technology sector, putting it on the cutting edge of touch screen development. A new supply chain would be created, generating high-quality jobs and bringing down prices of the coveted gadgets.
Germany's BDI industry association is more optimistic about the prospects for Europe's biggest economy than it was three months ago due to cheap oil, strong private consumption and a weak euro, its president said on Sunday.
A phone with a model number LG-VS999 reportedly had an "eye-popping screen resolution of 2880 x 1620 pixels." It was also assumed that it could be the LG G4 and Google's Nexus 2015 phone. The G4 sports features such as a Quad HD resolution, and many more. Further, LG company recently decided to dole out 4,000 G4 smartphones in US, UK, and other regions.
General Electric Co projects revenue growth in the high single digits for Latin American in 2015 despite difficulties in major markets such as Brazil and Venezuela, the company's chief executive for the region said on Thursday.
Ketchup maker H.J. Heinz Co, backed by Warren Buffett's Berkshire Hathaway Inc (BRKa.N) and Brazilian private equity firm 3G Capital, will combine with Kraft Foods Group Inc
The Obama administration has again invited Brazil's President Dilma Rousseff for a state visit to Washington, a diplomatic breakthrough that both sides hope will lead over time to greater trade between the two biggest economies in the Americas.
Shares of U.S.-based agribusiness Andersons Inc (ANDE.O) jumped more than 6 percent on Friday, outpacing the sector, after a Bloomberg News report speculated that Glencore PLC (GLEN.L) could be interested in acquiring the company.
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