Brazil

Tiger Global to invest up to $500 million in Brazil online retailer B2W

SAO PAULO - Tiger Global Management LLC, the hedge fund managed by industry mogul Charles Coleman, plans to spend up to 1.2 billion reais ($500 million) to buy a stake in Brazilian online retailer B2W Companhia Digital , in a bet that e-commerce will keep booming in Latin America's largest economy.

Egypt's Sawiris plans bid for TIM Brasil to avoid breakup - paper

SAO PAULO - Egyptian billionaire Naguib Sawiris plans to bid for Brazilian wireless carrier TIM Participações SA , according to a newspaper interview published on Saturday, adding pressure to a delicate standoff between two European telecom giants.

Boeing bullish on Brazil despite lost fighter jet deal

SAO PAULO - Boeing Co says its failure to win a $4 billion-plus fighter jet deal in Brazil was a lost opportunity that will lead it to scale back planned investments in the country, although it still sees excellent opportunities in cargo, defense and biofuels.

Aerospace & Defense 24 Jan 2014

Analysis: Petrobras fuel woes make Brazil dependent on U.S., India

RIO DE JANEIRO - In October 2007, Brazilian President Dilma Rousseff, then chairwoman of state-run petroleum company Petrobras, proudly predicted that giant new offshore oil fields would usher in an age of Brazilian energy independence.

22 Jan 2014

Brazil bomb scare spurs emergency landing, brief airport closure

SAO PAULO - A bomb threat left in a Brazilian airport caused a TAM Airlines flight to make an emergency landing and briefly closed the airport in the Amazonian city of Manaus on Saturday, five months before the country hosts the World Cup soccer tournament.

Brazilian police dismantle $31 million lottery fraud

SAO PAULO - Brazilian police said on Saturday that they had broken up a bank robbery scheme that had diverted 73 million reais ($31 million) from a lottery run by state-owned lender Caixa Econômica Federal.

World, 18 Jan 2014

Telecom Italia independent directors to vet any Brazil sale

MILAN - Telecom Italia said on Thursday any offer for TIM Brasil should be evaluated by independent directors, which could complicate the sale of the prized Brazilian unit.

Special Report: Rainforest raiders foil the guardians of the Amazon

NOVA ESPERANÇA DO PIRIÁ, Brazil - Alex Lacerda and Paulo Maués drive a silver pickup to an outdoor sawmill near the edge of the Amazon rainforest. Carrying 12-gauge shotguns, they step out and approach a shack, knock and enter cautiously. They are agents for Brazil's environmental police. | Video

Special Reports, 16 Jan 2014

Britain's Jaguar Land Rover taps global markets for record sales

LONDON - British luxury car manufacturer Jaguar Land Rover sold a record volume of vehicles last year, when rising demand in markets such as Brazil, China, India and the United States helped it boost sales by sales by 19 percent.

China, 12 Jan 2014

Spain's Telefonica denies readying joint bid for TIM Brasil

MADRID/MILAN - Spain's Telefonica denied on Monday that it was involved in looking at making a joint offer for Telecom Italia's Brazilian wireless network operator TIM Brasil.

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Syria talks bring offer of exit from siege of Homs

GENEVA - The Syrian government said women and children could leave the besieged rebel city of Homs on Sunday as negotiators from the warring sides discussed humanitarian gestures on a second day of face-to-face talks in Geneva. | Video