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Poorer Brazilians devote four times more income to credit card debt, central bank says
BRASILIA, Oct 27 (Reuters) - Lower-income Brazilians are devoting an increasing share of their earnings to interest on credit-card- and other high-cost consumer borrowing, prompting policymakers to co
Market Talk: Brazil 'set for currency and equity selloff' after surprise Lula victory
We're generating a transcript for this video. It can take a few minutes, so please check back soon. Market Talk: Brazil 'set for currency and equity selloff' after surprise Lula victory It's a busy
Argentina drops probe into President Milei and sister over meme coin scandal
BUENOS AIRES, Oct 23 (Reuters) - A criminal investigation into the role of Argentine President Javier Milei and his sister Karina Milei in a meme coin scandal was dropped on Friday, according to court
Venezuela eyes Qatar bridge loan to clear IDB arrears, sources say
CARACAS/LONDON, Oct 22 (Reuters) - Venezuelan authorities are considering seeking a bridge loan from Qatar to clear more than $2 billion in arrears to the Inter-American Development Bank, a move that
Brazil's Bradesco meets profit estimates despite slower credit revenue
SAO PAULO, Oct 22 (Reuters) - Brazilian lender Banco Bradesco (BBDC3.SA), opens new tab on Thursday reported a 14.6% increase in its third-quarter recurring net profit from a year earlier, meeting ana
Brazil's Azul sees longer recovery as fuel costs squeeze margins after Chapter 11
MEXICO CITY, Oct 20 (Reuters) - Brazilian airline Azul expects its recovery to take longer than previously hoped and is sticking to a cautious growth plan, Chief Financial Officer Antonio Carlos Garci
Brazil central bank looks to encourage responsible lending in consumer debt crackdown, sources say
BRASILIA, Oct 20 (Reuters) - Brazil's central bank is preparing a package of measures to curb rising household indebtedness, including stricter disclosure requirements for lenders, while studying fore
Brazil detects Newcastle disease at turkey farm in southern state
BRASILIA, Oct 19 (Reuters) - Brazil has detected a case of Newcastle disease at a turkey farm in the southern state of Santa Catarina, Agriculture Minister Andre de Paula said on Monday, adding that s
Brazil's Americanas exits bankruptcy proceedings
SAO PAULO, Oct 19 (Reuters) - A Rio de Janeiro court on Monday approved Brazilian retailer Americanas' <AMER3.SA> formal conclusion of bankruptcy proceedings, the company said in a securities filing.
Brazil economic activity up 0.3% in August, matching forecasts
BRASILIA, Oct 16 (Reuters) - Economic activity in Brazil rose by a seasonally adjusted 0.3% in August from the previous month, a central bank index showed on Friday, matching the median forecast in a
Brazilian Camara to replace Ocon at Haas F1 team next season
LONDON, Oct 15 (Reuters) - Brazilian Rafael Camara will race for Haas next season after signing a multi-year deal, the U.S.-owned Formula One team said on Thursday. The 21-year-old Ferrari Academy dr
Venezuela's top economic adviser says aims to publish debt sustainability analysis 'very soon'
BANGKOK, Oct 14 (Reuters) - Venezuela is hoping to publish a debt sustainability anaylsis "very soon", but the process has been more challenging than expected, top economic adviser Calixto Ortega told
Brazil's Flavio Bolsonaro vows to keep pension increases above inflation rate
SAO PAULO, Oct 8 (Reuters) - Brazilian presidential candidate Flavio Bolsonaro said on Thursday that, if elected in a runoff vote later this month, he would continue raising pensions above the rate of
Colombia says Zijin downplayed mine security risks to investors while seeking damages over attacks
TORONTO, Oct 8 (Reuters) - Colombia has accused China's Zijin Mining (601899.SS), opens new tab of giving investors a misleadingly optimistic picture of security at its Buritica gold mine while seekin
Workers at Chile's Centinela copper mine strike after talks fail
SANTIAGO, Oct 7 (Reuters) - Two unions at Chile's Centinela copper mine rejected further contract talks with Antofagasta Minerals (ANTO.L), opens new tab on Wednesday and decided to strike after gover
Brazil regulator approves American Airlines' investment in Azul
SAO PAULO, Oct 7 (Reuters) - Brazil's antitrust regulator CADE on Wednesday approved American Airlines' (AAL.O), opens new tab $100 million investment in Azul (AZUL3.SA), opens new tab, giving the US
Venezuela's Cardon refinery halted amid fire, sources say
Oct 6 (Reuters) - Venezuela's Cardon refinery, the country's second largest, has been halted amid a fire at one of its units, three sources with knowledge of the matter said on Tuesday. A gas line th
How Brazil's election winner could reshape its institutions as vacancies mount
BRASILIA, Oct 2 (Reuters) - Brazil's next president is set to inherit an unusually large number of appointments to the country's most powerful institutions, with vacancies piled up at the Supreme Cour
Venezuela's oil exports down in Sep amid high freight rates, data shows
Oct 1 (Reuters) - Venezuela's oil exports declined to 1.08 million barrels per day (bpd) in September from 1.19 million bpd the previous month as traders pressed state-run PDVSA for price discounts to