Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:46
Brazil’s Real Slumps Most Since November on Bold Rate Cut
Brazil’s currency weakened the most since November and short-term swap rates fell sharply after the nation’s central bank
2023-08-04 05:28
Brazil central bank kicks off rate cuts more aggressively than expected
By Peter Frontini SAO PAULO Brazil's central bank kicked off its rate-cutting cycle more aggressively than expected on
2023-08-03 07:30
Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:26
Brazil’s Lula Says He Expects Rate Cut, But Renews Central Bank Criticism
President Luiz Inacio Lula da Silva expects Brazil’s central bank to begin cutting interest rates on Wednesday, saying
2023-08-03 01:17
Petrobras Management Under Political Attack, CEO Prates Says
Petrobras’ chief executive officer is pushing back on critics within the Brazilian government, saying the state-owned oil giant
2023-08-01 02:23
Bankrupt Brazilian Utility Rewards Stock Traders With 316% Gain
Veteran investor Nelson Tanure is betting that Light SA, a Brazilian utility that filed for bankruptcy protection, will
2023-08-01 01:19
Dawn of Interest-Rate Pivots Unlocks Risk in EM’s Standout Trade
One of the year’s top fixed-income trades is facing a critical juncture in Latin America as bond investors
2023-07-30 20:22
US Economy Set to Show Resilience With Jobs Data
Hiring in the US probably increased at a healthy yet more moderate clip this month, representing a vote
2023-07-30 04:20
Charting the Global Economy: Fed, ECB Press on With Rate Hikes
The Federal Reserve, European Central Bank and Bank of Japan headlined a pivotal week for central banks, with
2023-07-29 17:24
Chile Delivers Jumbo Interest Rate Cut as Latin America Pivots to Easing Cycle
Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift
2023-07-29 09:54
Brazil's jobless rate hits lowest since 2014 for a quarter through June
SAO PAULO Brazil's jobless rate fell in the quarter through June to its lowest level for the period
2023-07-29 04:29