Petrobras May Help Push Brazil Stock Market Down 35 Percent
The Brazilian stock market fall is the largest drop of any major stock market with the exception of Greece and...
February 19, 2015Topic
BOVESPA
Major Policy Shifts in Next Rousseff Term Unlikely
Important policy changes would require the President to take on vested interests within her political base.
October 31, 2014
Moody’s Forecast Won’t Dampen Brazil
Moody’s, the international credit rating business, has announced that they have downgraded the Brazilian economy’s outlook rating from ‘positive’ to...
October 8, 2013
Eike Batista Under Investigation: Daily
The Securities Commission of Brazil, CVM, announced it is investigating Brazilian tycoon Eike Batista and top executives at OGX, Batista’s...
September 10, 2013
EBX Group Shares Continue to Tumble
Once valued at over US$60 billion, and last year still worth US$35 billion, Eike Batista’s EBX Group is now being...
August 27, 2013
Vale, Petrobras Shed Assets for Cash
State-controlled oil firm Petrobras and mining giant Vale, two of Brazil’s largest companies, have begun to shed their assets.
July 30, 2013
Petrobras Shares Slip to Eight-Year Low
Shares of Brazil’s state-controlled Petrobras fell to a nearly eight-year low last week amid weak earnings and concerns over government...
July 9, 2013
Bovespa Has Worst Semester Since 2008
The Bovespa, Brazil's stock market, suffered a 22 percent loss in the first six months of this year, its worst...
July 2, 2013
Eike Batista’s OGX Down $12.6B: Daily
Of 295 companies publicly-traded on the Bovespa, which has witnessed growth of R$147 billion (US$72 billion) this year, Eike Batista's...
October 16, 2012