Brazil

Brazil's top court overturns some convictions in political corruption case

BRASILIA - Brazil's Supreme Court overturned racketeering convictions against former leaders of the ruling Workers Party on Thursday, reducing their prison sentences in the country's biggest political corruption case.

Sweden offers to buy Brazilian military cargo jet

BRASILIA - Brazil is hoping to sell its upcoming KC-390 military cargo plane to Sweden as part of a $4.5 billion deal to buy 36 Gripen fighter jets made by Swedish company Saab AB .

Brazil economy ends 2013 on an upbeat note, boosting Rousseff

SAO PAULO/BRASILIA - Brazil's economy ended 2013 on a upbeat note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with business leaders and win re-election in October.

27 Feb 2014

New threat to Brazil's breadbasket: a pesky caterpillar

SAO DESIDERIO, Brazil - Brazilian farmers are battling a voracious caterpillar that likely arrived from Asia, challenging the agricultural superpower's widely touted mastery of tropical farming just as it is on the verge of becoming the world's top soybean producer.

Environment, 27 Feb 2014

Adidas pulls raunchy World Cup T-shirts at Brazil's request

BRASILIA - Adidas agreed on Tuesday to stop selling two raunchy T-shirts months ahead of the World Cup in Brazil after the government complained that they associated the country with sexual tourism.

25 Feb 2014

Adidas pulls sexualized World Cup T-shirts at Brazil's request

BRASILIA - Adidas on Tuesday acceded to a request from Brazil's tourism board, which said the sporting goods maker should stop selling two T-shirts it marketed ahead of this year's World Cup because they encourage sexual tourism.

25 Feb 2014

Brazil's Cosan proposes $4.7 billion takeover of railway firm ALL

SAO PAULO - Brazilian sugar and ethanol firm Cosan SA proposed on Monday to take over America Latina Logistica SA in a $4.7 billion deal that would form Latin America's largest railway and logistics company.

Deutsche Bank to pay $20 million to settle Brazil charges

SAO PAULO - Deutsche Bank AG agreed on Monday to pay $20 million to settle charges in Brazil that Europe's largest investment bank by revenue helped manage funds embezzled by former city of São Paulo officials in the 1990s, a prosecutor said on Monday.

24 Feb 2014

Brazil's Cosan proposes $4.7 billion takeover of railway firm

SAO PAULO - Brazilian sugar and ethanol firm Cosan SA proposed a takeover on Monday of America Latina Logistica SA in a $4.7 billion deal that would form Latin America's largest railway and logistics company.

Brazil, Europe plan undersea cable to skirt U.S. spying

BRUSSELS - Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.

World, Tech, Media 24 Feb 2014
Photo

Armed men seize two airports in Ukraine's Crimea, Yanukovich reappears

SIMFEROPOL, Ukraine - Armed men took control of two airports in the Crimea region on Friday in what the new Ukrainian leadership described as an invasion and occupation by Moscow's forces, and ousted President Viktor Yanukovich reappeared in Russia after a week on the run. | Video