Brazil

U.S. group flags chemical levels in Coke sold abroad

- Coca-Cola Co's namesake soda sold in several countries, including Brazil and Kenya, still contains a high level of a chemical linked to cancer in animals months after it made changes to the drinks sold in California, a U.S. watchdog group said on Tuesday.

Boeing, Embraer to partner on military cargo plane

SAO PAULO - U.S.-based Boeing Co and Brazil's Embraer said on Tuesday they would collaborate on some aspects of developing Embraer's KC-390 military transport and refueling jet, tightening relations between the two countries' defense industries.

Morgan Stanley dragged into Brazil bank fight: report

SAO PAULO - Brazilian authorities want investment banking giant Morgan Stanley to return about 113 million reais ($54 million) associated with a stock sale by shareholders of troubled lender Banco Cruzeiro do Sul, which was seized by the central bank this month, Folha de S.Paulo newspaper reported Sunday.

24 Jun 2012

Chile's LAN Airlines completes takeover of rival TAM

SAO PAULO - Chile's LAN Airlines completed a takeover of Brazilian rival TAM, creating the world's No. 2 airline by market value in a deal that might yield up to $700 million in cost savings within four years.

Brazil in trade pact with China, sees aviation gains

RIO DE JANEIRO - Brazil and China on Thursday signed a handful of trade agreements aimed at boosting investment and trade flows for the coming decade, at a time when economic growth in both emerging market powerhouses is losing momentum abruptly.

China, 21 Jun 2012

Safra, Sarasin seek to dampen talk of rift

ZURICH - Brazilian-Swiss private bank Safra fully supports the management of Swiss peer Sarasin , in which it bought a majority stake in November, Sarasin told employees on Thursday in an internal memo seen by Reuters.

Rio+20 summit begins under a cloud of criticism

RIO DE JANEIRO - Brazilian President Dilma Rousseff welcomed world leaders to a rainy Rio de Janeiro on Wednesday under a cloud of criticism that a three-day summit is falling far short of its promise to establish clear goals for sustainable development.

Environment, 20 Jun 2012

Rio+20 summit begins under a cloud of criticism

RIO DE JANEIRO - Brazilian President Dilma Rousseff welcomed world leaders to a rainy Rio de Janeiro on Wednesday under a cloud of criticism that a three-day summit is falling far short of its promise to establish clear goals for sustainable development.

Science, Environment, 20 Jun 2012

Nigeria leader's absence during clashes irks some

ABUJA - Nigerian President Goodluck Jonathan's decision to head to a climate change conference in Brazil as dozens died in sectarian clashes this week has angered allies and opponents.

World, United Nations, 20 Jun 2012

Eletrobras in talks for Neoenergia stake: sources

RIO DE JANEIRO - Brazil's state-led utility holding company Eletrobras is in talks to buy Spanish utility Iberdrola's stake in a local power distributor in a bid to boost the state's presence and limit foreign involvement in the industry, three senior officials with knowledge of the situation told Reuters.

Photo

Rebels storm Pro-Assad Syrian TV channel

BEIRUT - Gunmen stormed a pro-government Syrian TV channel headquarters on Wednesday, bombing buildings and shooting dead three employees, state media said, in one of the boldest attacks yet on a symbol of the authoritarian state. | Video

Are African governments suppressing art?

The dust is finally settling on the storm that was kicked off in South Africa by a controversial painting of President Jacob Zuma with his genitals exposed.