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Brazil Stocks Gain, Led by Gol, Sadia, as Oil and Corn Slide; Bolsa Rises
Most Brazilian stocks gained as declines in the price of corn and oil improved the profit outlook for airlines and foodmakers.
Brazil Stocks Fall as Oil Declines, Led by Petrobras, Gerdau; Bolsa Slips
Brazilian stocks dropped, led by Petroleo Brasileiro SA and steelmaker Gerdau SA, as oil prices fell to a six-week low and Banco Santander SA said demand growth for the metal will slow in the second half of the ...
Latin American Markets: Brazil closes up 1%; Mexico logs fourth consecutive decline
Brazilian stocks closed higher Monday, led by Companhia de Bebidas das Americas after its parent firm reached a deal to buy iconic U.S. brewer Anheuser-Busch Cos., and Mexican stocks lost ground as Wall Street ...
PowerRatings Chartology: 3 Top Pullbacks for Traders
Here are today's top stocks. Click here. Two days of strong gains in the markets have created a somewhat overbought condition in stocks, to which the markets are responding with selling in the first few hours ...
Petrobras lets refineries engineering, automation
LOS ANGELES. July 18. KAZINFORM. Zurich engineering firm ABB signed a $61-million frame agreement with Petroleo Brasileiro SA to supply process automation systems and related services to eight oil refineries in ...
Transocean awarded $3B in Petrobras contracts
Transocean Inc. has been awarded four contracts by Brazilian state oil company Petroleo Brasileiro SA together worth about $3 billion.
Buy Brazil Consumer Stocks, Reduce Commodities Producers, JPMorgan Says
Investors should buy Brazilian stocks that benefit from the country's economic growth and reduce their holdings in commodity producers such as Petroleo Brasileiro SA , according to JPMorgan Chase & Co.
Petrobras Union Workers Call 48-Hour Nationwide Strike to Begin Tomorrow
Unionized employees of Petroleo Brasileiro SA , Brazil's state-controlled oil company, called a 48-hour work stoppage in support of striking colleagues in the Campos Basin.
Oil near $145 on Brazil firm's strike
Crude oil traded near $145 a barrel in New York last night as production in Brazil was disrupted after a strike by employees of state oil company Petroleo Brasileiro SA.
Petrobras Has Fuel to Supply Brazil During Strike, Agencia Brasil Reports
Petroleo Brasileiro SA , Brazil's state-controlled oil company, has sufficient fuel stocks to supply the Brazilian market, Agencia Brasil reported, citing Paulo Roberto Costa , director of supply and refining ...
Strike by Brazil oil workers cuts production by state-run Petrobras
A strike by workers at Petrobas offshore rigs cut oil production by Brazil's state-run company on Monday, fuelling concerns of further oil price increases on international markets.
Petrobras workers strike as production cut expected
Brazil's Oil Workers Confederation began a five-day strike against Petroleo Brasileiro, an action that may cut the country's daily crude production by more than 50 percent.
Oil workers at Brazil's Petrobras plan strike: report
The union representing workers at Brazilian state-run oil giant Petroleo Brasileiro , or Petrobras, platforms in the Campos Basin planned a five-day strike to shut down oil production, Dow Jones Newswires ...
Despite the recent tumble in foreign markets around the world, emerging markets have been on a tear over the past several years.
Brazilian Stocks Gain on Rising Commodity Prices; Mexico's Bolsa Retreats
Brazilian stocks gained for a third day, led by commodity producers , as surging metal and oil prices boosted their earnings outlook.
Crude Oil Rises a Third Day on Concern About Brazilian, Nigerian Supplies
Crude oil rose for a third day, building on its largest one-day gain for more than a month yesterday, after Brazilian oil workers threatened to strike and on concern Middle East and Nigerian supplies may be ...
Buy Petrobras Preferred Stock, Sell Common Becoming Brazil's Easiest Trade
The best trade in Brazil may be buying preferred shares of Petroleo Brasileiro SA, the nation's biggest company, and betting its common stock will fall after international investors pushed up prices 19 percent ...
Latin American Markets: Brazil flirts with bear-market close; Mexico ends higher
Major Latin American markets closed higher Tuesday, with Brazilian stocks narrowly escaping official entry into a bear market.
Mitsui, Petrobras to manufacture bioethanol at Brazilian venture
Mitsui & Co. said Thursday it, Petroleo Brasileiro S.A., or Petrobras, and another Brazilian entity have agreed to produce bioethanol from sugarcane at a Brazilian joint venture in Itaruma, Goias.
Petrobras Considers SBM Offshore Rig for Brazil LNG Contracts, Chief Says
Petroleo Brasileiro SA , Brazil's state oil company, is considering SBM Offshore NV to supply one or more floating liquefied natural gas facilities to help develop the Western Hemisphere's biggest oil find in ...