Brazil

Scientists find brain disorder associated with Zika in adults

Scientists find brain disorder associated with Zika in adults

A team of scientists in Brazil have said that they have found a new new brain disorder associated with Zikavirusin adults.

Odebrecht SA of Brazil is Selling Worth $3.4 Billion Assets

Odebrecht SA of Brazil is Selling Worth $3.4 Billion Assets

CEO of Brazilian construction company Odebrecht SA said the company plans to sell assets worth about 12 billion reais or approximately $3.4 billion for meeting debt obligations.

HSBC Holdings Plc Agrees to Sell It’s Brazil unit to Bradesco for $5.2 Billion

HSBC Holdings Plc Agrees to Sell It’s Brazil unit to Bradesco for $5.2 Billion

On Monday, in a statement HSBC Holdings Plc said that it is selling its unprofitable Brazilian unit in a deal worth $5.2 billion to Banco Bradesco SA. The unit has given unsatisfactory performance for years.

Brazilian President Says Growth in the U.S. Could Result in an Improvement of Brazilian Economy

Brazilian President Says Growth in the U.S. Could Result in an Improvement of Br

In an announcement on Monday Brazil's planning ministry lowered its forecast for economic growth for the year 2014 from an earlier evaluation of 1.8 percent to 0.9 percent. In case this prediction turns out to be true, Brazil will be registering its lowest rate of growth since the year 2009, a time when the country was rocked by the effect of the global economic catastrophe.

Cutrale-Safra Requests the Shareholders of Chiquita to Initiate a Proxy Fight

Cutrale-Safra Requests the Shareholders of Chiquita to Initiate a Proxy Fight

The Brazilian combo of Cutrale-Safra Group had an initiated a bid for Chiquita Brands International Inc. that was rejected by management of the brand. On Thursday contender duo took initial steps to initiate a proxy tussle in its unreceptive takeover attempt.

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