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The better-than-expected fiscal first-quarter results eased concerns about demand for its business software. → Read More
The maker of semiconductor equipment reported sales and earnings below analyst estimates, sending shares lower after hours. → Read More
The Central Bank of Brazil raised its benchmark Selic lending rate to the highest level in five years and said it would continue with its strategy as long as needed until the country’s rapid inflation starts to slow. → Read More
Brazil’s central bank raised its benchmark interest rate Wednesday and signaled multiple increases could come this year amid the uncertainty and risks to inflation caused by Russia’s invasion of Ukraine. → Read More
Brazil’s central bank raised its benchmark interest rate by 1.5 percentage points as expected, and signaled a smaller rate increase at its next meeting. → Read More
Brazil’s central bank raised its benchmark lending rate by 1.5 percentage points to 9.25% and signaled another increase of the same size at its next meeting in February as consumer prices continue their rapid rise. → Read More
The Central Bank of Brazil raised its benchmark lending rate by 1.5 percentage points as inflation continues to climb amid growing concern about government spending. → Read More
The miner will compensate the state of Minas Gerais, where the disaster two years ago killed 270 people and left widespread environmental damage, in the largest settlement in Brazilian history. → Read More
With little excess shipping capacity amid high demand, there is scant relief on the horizon in congested supply chains, the executive in charge of Maersk’s Latin America and Caribbean operations says. → Read More
A former judge who became the face of Brazil’s anticorruption campaign said he felt forced to step down as justice minister because President Jair Bolsonaro had abandoned the fight on graft that had helped get him elected. → Read More
Brazil’s truck market will shrink at least 30% this year from 2019 as demand slumps amid the coronavirus crisis, says the president of Mercedes-Benz do Brasil. → Read More
Authorities in five Brazilian states are tightening restrictions on residents amid a steep increase in reported deaths from Covid-19, clashing with President Jair Bolsonaro’s efforts to reopen Brazil’s beleaguered economy. → Read More
The country’s economy expanded at the slowest pace in three years in 2019 as the government of President Jair Bolsonaro cut spending and investment slowed. → Read More
Brazilian iron-ore miner Vale SA posted a net loss in the fourth quarter after taking impairment charges on a nickel mine in New Caledonia and a coal mine in Mozambique. → Read More
Brazilian oil giant Petróleo Brasileiro SA, or Petrobras, said Wednesday that profit in the fourth quarter rose as new platforms in the company’s rich offshore fields boosted output and cut production costs. → Read More
Ecuador hopes to persuade the U.S. to eliminate tariffs on exports of broccoli, artichokes, tuna and roses as part of talks intended to improve trade relations between the two countries, Economy and Finance Minister Richard Martínez Alvarado said. → Read More
Creditors now have until Jan. 31 to decide whether to accept or reject the province’s request to delay payment of $250 million in foreign debt until May. The bonds, which come due on Sunday, are at risk of default if the deadline passes without a deal. → Read More
Brazilian prosecutors charged American journalist and activist Glenn Greenwald with cybercrimes related to the hacking of Justice Minister Sergio Moro’s cellphone last year, raising concerns about press freedoms in Latin America’s largest democracy. → Read More
Wreckage and human remains from a Chilean military aircraft that disappeared on a flight to Antarctica with 38 people aboard have been discovered in the turbulent waters off South America’s southern tip. → Read More
Military aircraft from three South American countries were scouring the South Atlantic north of Antarctica on Tuesday after a Chilean Hercules C-130 military transport plane went missing the night before. → Read More