Results for Brazil
- Brazil’s Economy Shows More Signs of Weakness
Brazil’s troubled economy showed more signs of deterioration on Tuesday as consumer confidence sank to a record low and unemployment climbed, The Wall Street Journal reported. It is the latest blow to a country beset with high inflation, a slumping c ...
Daily Headline - global.abi.org - 08/25/2015 - 21:33 - 0 comments
- Petrobras Uneasy With Aspects Of Sete Restructuring
State-controlled Petróleo Brasileiro SA is growing uneasy with some aspects of the business reorganization of ailing oil-drilling-rig builder Sete Brasil Participações SA, a situation that may pose risks on the refinancing of $3.8 billion in debt, two so ...
Daily Headline - global.abi.org - 08/24/2015 - 21:44 - 0 comments
- Brazil Jobless Rate Hits Five-Year High
deterioration in Brazil’s labour market, rattled investors. The real fell by 0.8 per cent in early trading ...
Daily Headline - global.abi.org - 08/20/2015 - 18:39 - 0 comments
- Brazil Stocks Drops With Real as Rousseff Setback Sinks Bonds
Brazilian stocks fell, the real led global currency declines and local bond yields rose to records as dim prospects for Latin America’s largest economy weighed on investor sentiment, Bloomberg News reported. The real dropped to a 12-year after President ...
Daily Headline - global.abi.org - 08/06/2015 - 17:12 - 0 comments
- Brazil Bankruptcy Protection Requests Hit Record As Economy Slumps
Brazilian companies this year have filed the largest number of bankruptcy protection requests on record, credit research firm Serasa Experian said on Wednesday, the latest symptom of the nation's most severe economic downturn in 25 years, Reuters re ...
Daily Headline - global.abi.org - 08/05/2015 - 21:40 - 0 comments
- Deadbeat Ex-Billionaire Batista Daring Bondholders To Seize Ship
Out in the Atlantic Ocean, 130 miles off the coast of Brazil, an oil ship the length of New York City’s Chrysler building is at the center of an escalating legal war. This battle pits the crude producer founded by Eike Batista, Brazil’s most notorious ex ...
Daily Headline - global.abi.org - 08/03/2015 - 20:12 - 0 comments
- Brazilian Police Arrest José Dirceu, Ex-Chief of Staff, in Petrobras Probe
A corruption probe threatening to engulf Brazil’s government intensified as police arrested a former top minister of ex-President Luiz Inácio Lula da Silva for allegedly orchestrating a scheme that looted billions of dollars from oil giant Petróleo Brasi ...
Daily Headline - global.abi.org - 08/03/2015 - 20:17 - 0 comments
- Brazil: Engine Trouble
product this year of 2.5 per cent, down from positive 0.1 per cent last year. Among large emerging ...
Daily Headline - global.abi.org - 08/02/2015 - 22:31 - 0 comments
- S&P Warns Brazil Credit Rating At Risk
Standard & Poor’s warned Brazil on Tuesday that its investment grade rating was at risk as falling growth and political infighting hurt efforts to restore order to public finances. The agency placed Brazil’s foreign currency rating, which is one notc ...
Daily Headline - global.abi.org - 07/28/2015 - 20:21 - 0 comments
- Brazil Court Approves DIP Loan For Engineering Firm OAS
A Brazilian court approved a debtor-in-possession loan to engineering firm OAS SA, the company said, after it earlier this year filed for bankruptcy protection in the wake of a corruption investigation that shut its access to refinancing. In a statement ...
Daily Headline - global.abi.org - 07/15/2015 - 22:37 - 0 comments