Brazil

Brazil union votes to strike as GM cuts minivan output

SAO PAULO - A Brazilian union voted on Thursday to strike at a General Motors Co factory to protest a decision to stop making Zafira minivans, which workers say threatens about 1,500 jobs.

BTG Pactual and former Vale CEO to form new miner

SAO PAULO - BTG Pactual , Brazil's largest independent investment bank, has teamed up with former Vale chief executive Roger Agnelli to set up a new mining venture, the bank said in securities filing on Thursday.

BTG Pactual and former Vale CEO to form new miner

SAO PAULO - BTG Pactual , Brazil's largest independent investment bank, has teamed up with Roger Agnelli, former CEO of miner Vale , to set up a mining venture focused on Latin America and Africa, the bank said in a Thursday securities filing.

Brazil drugstore Pague Menos puts off IPO plans: sources

SAO PAULO - Brazilian drugstore chain Emprendimentos Pague Menos put off plans to sell shares for the first time, three sources with direct knowledge of the situation said, in the latest sign that demand for new equity in Latin America's largest economy is faltering.

Chevron Brazil spill report expected next week: regulator

BRASILIA - Brazil's oil regulator said on Wednesday it expects to release a report next week on the causes of a November oil spill in an offshore field operated by Chevron Corp, an accident that led to criminal charges and civil suits seeking nearly $20 billion in damages.

Gilberto Gil, South Africa's "Voice" premiere Viramundo

MONTREUX, Switzerland - Brazil's Gilberto Gil showcased joyful African-inspired music despite being tinged with themes of poverty, slavery and painful reconciliation at the Montreux Jazz Festival on Tuesday night.

Music, Entertainment, Fashion, 10 Jul 2012

Boeing to arm Embraer's Super Tucano fighter

SAO PAULO - Brazil's Embraer is announcing plans on Tuesday for Boeing Co to supply a new weapons system for its light attack fighter, strengthening its offer in a fiercely contested bid for a U.S. Air Force contract in Afghanistan.

U.S. arms makers cite strong demand from foreign buyers

FARNBOROUGH, England - Military budgets may be under pressure in the United States and Europe but there is growing demand from the Middle East, Asia and other regions for new fighter jets, helicopters and surveillance equipment, top weapons industry executives say.

Mexican peso drops on euro zone anxiety

MEXICO CITY - Brazil's real and Mexico's peso traded little changed on Monday as worries weighed that euro zone finance ministers would offer little in the way of containing a crisis that has been hurting Latin American economies.

Money, Mexico 09 Jul 2012

Heineken to delay Brazil investment after tax hike

RIO DE JANEIRO - Heineken Holding NV , the world's third-largest brewer, will delay investments in Brazil after the government raised taxes on beer, the Agencia Estado news agency said on Saturday.

07 Jul 2012
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World outrage at Syria "massacre", but no action

AMMAN/BEIRUT - The United States has branded Syria's leaders murderers after an attack on a village by President Bashar al-Assad's troops left dozens dead, but there was no break in the deadlock among world powers over how to bring about an end to the bloodshed. | 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.