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Brazil Articles
Moody's now sees increased risks to the global growth story for the 2016 to 2017.
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Petrobras reported Friday morning that its proved reserves as of the end of 2015 had dropped more than 3 billion barrels from the end of 2014.
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Fitch said that emerging markets are now more negative than their developed market equivalents in core sectors.
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SunEdison announced Wednesday morning that it has terminated a $250 million purchase of a 16% stake in Brazilian renewable energy firm Renova Energia.
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Medical tourism has become increasingly popular in recent years as we see the globalization of modern medicine take off, as well as the continued improvement in health care systems within developing...
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courtesy of Fiat Chrysler Automobiles NVThe Brazilian economy has been suffering for nearly a year now as the currency continues to depreciate, the country’s oil revenues collapse, and corruption...
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Petrobras announced Tuesday morning that it is cutting its spending plan for the current fiscal year and the next.
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When Christine Lagarde of the International Monetary Fund spoke last week, it had all the hallmarks of a precursor to a downgrade of the the agency's global growth targets.
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Echoing others before it, a fresh report from Fitch Ratings has lowered its global economic outlook for 2015.
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Wikimedia CommonsBrazil’s state-controlled energy company, Petroleo Brasileiro SA (NYSE: PBR), commonly known as Petrobras, said on Tuesday that it is close to selling a 49% stake in its natural...
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After having downgraded Brazil's sovereign rating to below investment grade Thursday, rating agency S&P has now also downgraded Petrobras.
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Though UBS has decided to maintain its Neutral rating for Petrobras, the Swiss banking and investment firm has lowered its earnings expectations for the state-run oil giant.
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The Brazilian economy has been injured and could even lapse into recession. President Dilma Rousseff is also under suspicion for corrupt behavior.
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Moody's has downgraded Brazil's debt. Among the primary drivers were not the recent scandals, but the level of debt the country has created.
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Wikimedia CommonsThe one oil giant that just still keeps the investing public guessing is Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras. The wonderment here is not really about higher or lower...
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