Latest Brazil News
CEO of Brazil’s oil and gas giant Petrobras steps down following dustup over dividends
RIO DE JANEIRO (AP) — The head of Brazil’s state-controlled oil and gas giant Petrobras has stepped down, the company said Wednesday, following months of tensions with the federal government. Petrobras opted not to pay extraordinary dividends to its shareholders earlier this...
A second scourge is battering Brazil's flooded south: Disinformation
SAO PAULO (AP) — While flooding that has devastated Brazil’s Rio Grande do Sul state has yet to subside, another scourge has spread across the region: disinformation on social media that has hampered desperate efforts to get aid to hundreds of thousands in need. Among fake...
Petrobras: Q1 Earnings Snapshot
RIO DE JANERIO RJ BR, Brazil (AP) — RIO DE JANERIO RJ BR, Brazil (AP) — Petroleo Brasileiro SA - Petrobras (PBR) on Monday reported first-quarter profit of $4.78 billion. The Rio De Janerio Rj Br, Brazil-based company said it had net income of 74 cents per share. Earnings,...
Flooding forecast to worsen in Brazil's south, where many who remain are poor
ELDORADO DO SUL, Brazil (AP) — More rain started coming down on Saturday in Brazil’s already flooded Rio Grande do Sul state, where many of those remaining are poor people with limited ability to move to less dangerous areas. More than 15 centimeters (nearly six inches) of rain...
Caramelo, the Brazilian horse stranded on a roof by floods, is rescued after stirring the nation
CANOAS, Brazil (AP) — A Brazilian horse nicknamed Caramelo by social media users garnered national attention after a television news helicopter filmed him stranded on a rooftop in southern Brazil, where massive floods have killed more than 100 people. About 24 hours after he was...
AP Week in Pictures: Latin America and Caribbean
May 3-9, 2024 A rare snowfall blankets Chile's capital, Madonna’s biggest-ever concert turns Rio’s Copacabana beach into a dance floor, and floods continue to ravage Brazil's Rio Grande do Sul state. This photo gallery highlights some of the most compelling images...
Vinci Partners: Q1 Earnings Snapshot
LEBLON-RIO DE JANEIRO, Brazil (AP) — LEBLON-RIO DE JANEIRO, Brazil (AP) — Vinci Partners Investments Ltd. (VINP) on Thursday reported earnings of $9.3 million in its first quarter. On a per-share basis, the Leblon-Rio de janeiro, Brazil-based company said it had net income of 16...
Paralympian loses medals and equipment in Brazilian floods but is improvising to qualify for Paris
PORTO ALEGRE, Brazil (AP) — Vanderson Chaves has faced many challenges in more than a decade as a Paralympic fencer, but none as fearsome as the massive floods in Brazil’s Rio Grande do Sul state. The waters washed away his equipment, dozens of medals, his passport — and might...
Braskem: Q1 Earnings Snapshot
BUTANTA, Brazil (AP) — BUTANTA, Brazil (AP) — Braskem SA (BAK) on Thursday reported a first-quarter loss of $271.7 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Butanta, Brazil-based company said it had a loss of 68 cents. ...
Southern Brazil is still reeling from massive flooding as it faces risk from new storms
PORTO ALEGRE, Brazil (AP) — As major floods engulfed entire cities in the northern part of the Brazil's Rio Grande do Sul state last week, meteorologist Estael Sias knew the water would drain into capital Porto Alegre’s metropolitan region and that she would need to find a safe place. ...
