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Brazil's Cielo misses profit estimates as expenses jump
Cielo SA, Brazil's largest card payment processor, missed second-quarter profit estimates as rising general, administrative and financial expenses offset robust volume growth and revenue from prepayments. Net revenue rose 1.3 percent to 1.841 billion reais, compared with the poll's forecast of an 8 percent jump, with transaction volumes for debit and credit card payments as well as more ...
Tue, 29 Jul 2014 15:41:01 -0700

Brazil's leader calls Gaza conflict 'a massacre'
BRASILIA, Brazil (AP) — Brazil's president is calling Israel's conflict with Hamas "a massacre."
Mon, 28 Jul 2014 15:19:36 -0700

Audio: Brazil: A good investment
Brazil has a lot more going for it than just this year's World Cup and the 2016 Olympics. Matthias Kuhlmey, head of global investment solutions at Hightower Advisors, makes the case for investing in Brazil. Matt Harris, Hightower's head of analytics, tells Chuck Jaffe the technical charts agree: Brazil is looking good.
Mon, 28 Jul 2014 03:57:47 -0700

Brazil Economists Cut 2014 Growth Call for Ninth Straight Week
Brazil economists reduced their 2014 growth forecast for the ninth consecutive week, as policy makers seek to spur demand without further stoking above-target inflation.
Mon, 28 Jul 2014 05:14:02 -0700

Brazil Minerals, Inc. Expands Operational Team in Brazil
Brazil Minerals, Inc. , a U.S. holding company with revenues from diamonds and gold, announced today that it had expanded its management team in Brazil to accommodate BMIX's growth in operations. These ...
Thu, 24 Jul 2014 06:00:00 -0700

Brazil announces $13 billion credit stimulus
Brazil's central bank said Friday it would ease banks' reserve requirements, freeing up $13 billion to stimulate lending and boost an economy facing its fourth year of sluggish growth. The new measures, which also loosen the rules on lending to small businesses, come as leftist President Dilma Rousseff heads into October elections in which she is seeking a second four-year term. "The central ...
Fri, 25 Jul 2014 14:09:22 -0700

Brazil looking for medal 'bounce' in Rio Olympics
Brazil hopes to nearly double its medal total for the 2016 Olympics in Rio de Janeiro, using increased funding to follow the pattern of recent Olympic host nations Britain and China. Marcus Vinicius, executive director of sport for the Brazilian Olympic Committee, said Wednesday that Brazil was aiming to win between 27 and 30 medals in Rio, up from the 17 it won two years ago in London. Vinicius ...
Wed, 23 Jul 2014 12:01:54 -0700

Brazil cenbank to sell $2.25 bln with repurchase agreement Thursday
Brazil's central bank on Monday said it will auction on July 31 as much as $2.25 billion on the spot market through repurchase agreements in order to roll over similar dollar lines that expire on Aug. 4. Sporadic offerings of dollar lines, as well as daily auctions of currency swaps, are part of the central bank's strategy to provide liquidity to the foreign exchange market, reducing volatility ...
Mon, 28 Jul 2014 15:22:37 -0700

Soccer-Dunga succeeds Scolari as Brazil manager
* Dunga named Brazil coach for second time * Replaces Luiz Felipe Scolari after World Cup semi final humiliation (Changes dateline, adds byline, details, quotes) By Pedro Fonseca RIO DE JANEIRO, July 22 (Reuters) - Brazil named Dunga as their manager for the second time on Tuesday, two weeks after they were hammered 7-1 by Germany in the World Cup semi-finals, a result which led to the ...
Tue, 22 Jul 2014 09:18:34 -0700

Brazil great Ronaldinho on offer to A-League
Brazil legend Ronaldinho is on the market and reportedly being shopped around to A-League clubs.
Mon, 28 Jul 2014 21:39:14 -0700

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