Latest Sao Paulo News

Bolsonaro's legal woes deepen with undeclared diamond gifts

Mar. 25, 2023 00:17 AM EDT

RIO DE JANEIRO (AP) — Undeclared diamond jewelry brought into Brazil from Saudi Arabia has deepened the legal jeopardy of former Brazilian President Jair Bolsonaro. An investigation into two sets of jewels reportedly worth millions is only the latest scandal threatening the far-right politician....

Brazil watchdog tells Bolsonaro to cede jewels from Saudis

Mar. 22, 2023 21:06 PM EDT

SAO PAULO (AP) — A Brazilian government watchdog voted Wednesday to give former President Jair Bolsonaro five working days to return to authorities a set of jewels he received from Saudi Arabia in 2021. All nine members of the government watchdog voted in favor of requiring...

Brazil police foil gang plot targeting Carwash judge Moro

Mar. 22, 2023 12:42 PM EDT

SAO PAULO (AP) — Federal police raided locations in several states Wednesday to crack down on a gang accused of plotting assassinations and kidnappings of public officials including a former judge who presided over Brazil’s biggest corruption case. One of the suspects' targets...

Embraer: Q4 Earnings Snapshot

Mar. 10, 2023 10:28 AM EST

SAO PAULO (AP) — SAO PAULO (AP) — Embraer SA (ERJ) on Friday reported fourth-quarter profit of $22.9 million. The Sao Paulo-based company said it had profit of 12 cents per share. Earnings, adjusted for non-recurring costs, came to 24 cents per share. The plane and...

Brazil's Bolsonaro denies illegal acts with seized jewelry

Mar. 04, 2023 17:50 PM EST

BRASILIA, Brazil (AP) — Brazil’s former president Jair Bolsonaro said Saturday that he'd done nothing illegal following reports that he tried to bring jewelry worth more than $3 million into the country in 2021 without declaring it to authorities. The jewelry - a set of...

Ambev: Q4 Earnings Snapshot

Mar. 03, 2023 06:24 AM EST

SAO PAULO (AP) — SAO PAULO (AP) — Ambev SA (ABEV) on Thursday reported fourth-quarter net income of $943.9 million. On a per-share basis, the Sao Paulo-based company said it had profit of 6 cents. The beverage company posted revenue of $4.31 billion in the period....

Brazil floods leave cutoff survivors scrambling for supplies

Feb. 22, 2023 17:38 PM EST

SAO SEBASTIAO, Brazil (AP) — Hundreds of residents of a rain-battered region in Brazil’s Sao Paulo state were scrambling to find water and daily supplies Wednesday after floods and mudslides cut off their communities and left at least 48 people dead. Government and private aid...

Brazil deluge toll hits 44 as search continues for missing

Feb. 21, 2023 11:00 AM EST

SAO SEBASTIAO, Brazil (AP) — The death toll from flooding and landslides in Brazil’s southern state of Sao Paulo reached 44 on Tuesday as searches continued for dozens still missing. Most of the search was concentrated in the mountainous coastal municipality of Sao Sebastiao...

Downpour kills at least 36 in Brazil, cities cancel Carnival

Feb. 20, 2023 07:43 AM EST

SAO PAULO (AP) — Heavy rain caused flooding and landslides that have killed 36 people on the northern coast of Brazil’s Sao Paulo state, officials said Monday, while fatalities could rise. Sao Paulo's state government said in a statement that 35 died in the city of Sao Sebastiao...

Brazil's glitzy Carnival is back in full form after pandemic

Feb. 18, 2023 08:32 AM EST

RIO DE JANEIRO (AP) — Brazil’s Carnival is back. Glittery and outrageous costumes were prepared again. Samba songs were ringing out 'til dawn at Rio de Janeiro’s sold-out parade grounds. Hundreds of raucous, roaming parties were flooding the streets. And working-class...