Brazil’s Stock Market Surges as Bolsonaro Gains in Poll
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - As Brazil's divisive 2018 election draws near, the country's financial...
October 3, 2018Topic
Stocks
Brazil’s Petrobras Reduces Investment Forecast by 25%
This is the second adjustment to the 2015-2019 business plan announced in June of 2015 by the oil giant.
January 13, 2016
Brazil’s Petrobras Approves IPO of BR Distribuidora
The state-owned oil giant wants sell part of its subsidiary's stock to improve the company’s financial situation.
August 19, 2015
Eike Batista Accused of Insider Trading in Brazil: Daily
Batista once boasted he would become even richer than Mexico’s Carlos Slim.
September 15, 2014
Batista’s Billions Bounce Back After Crash
Shares in Brazilian billionaire Eike Batista’s oil and gas company (OGX) dropped forty percent last week, knocking $3.8 billion off...
July 3, 2012
Dollar and Bovespa Both Up Monday: Daily
The dollar and Bovespa, Sao Paulo’s stock exchange, were both up Monday.
May 22, 2012