Brazil
Brazil Indians occupy cattle ranch in widening land dispute
SAO PAULO - Federal police ordered some 200 Terena Indians to leave a former congressman's ranch in south-central Brazil on Thursday in the latest flashpoint of a widening conflict over land ownership in South America's farm belt.
Brazil port modernization bill clears lower chamber of Congress
BRASILIA - Legislation that President Dilma Rousseff says is vital to her efforts to modernize Brazil's clogged and costly ports cleared the lower chamber of Congress after a marathon debate and is expected to win Senate approval later on Thursday.
Brazil judicial panel paves way for gay marriage
BRASILIA - Brazil has taken a big step towards joining Argentina and Uruguay as the first Latin American countries to legalize gay marriage, even though the Brazilian Congress has dragged its feet on the issue. | Video
Brazil port strike enters second day as Congress debates reform
SAO PAULO - Stevedores at Brazil's Santos and Rio de Janeiro ports entered the second day of a strike to protest proposed legislation that may open terminals to new private-sector investments.
Hopes of Americas sale rise as Thyssen takes writedown
FRANKFURT - German steelmaker ThyssenKrupp took another writedown on the value its Steel Americas business, driving it to an unexpected quarterly loss but raising hopes it is closer to selling the troubled asset.
Exclusive: Brazil's Rousseff sides with farmers in Indian land fight
BRASILIA/SAO PAULO - Brazilian President Dilma Rousseff has ordered her government to stop confiscating farmland to create new Indian reservations, government officials say, a policy reversal with major implications for one of the world's top agricultural producers.
Itaú to buy Citigroup consumer finance business in Brazil
SAO PAULO - Itaú Unibanco Holding SA will take over Citigroup Inc's Brazilian consumer finance units for 2.77 billion reais ($1.37 billion), as the nation's biggest bank by market value expands more rapidly in the local credit card market.
Exclusive-Brazil's Rousseff sides with farmers in Indian land fight
BRASILIA/SAO PAULO - Brazilian President Dilma Rousseff has ordered her government to stop confiscating farmland to create new Indian reservations, government officials say, a policy reversal with major implications for one of the world's top agricultural producers.
Brazil's Gafisa considering Alphaville IPO, may decide this year
SAO PAULO - Gafisa SA will decide on a possible initial public offering of its high-end Alphaville unit this year, Chief Executive Officer Duílio Calciolari said, a sign the Brazilian homebuilder is broadening its options to raise cash and pay down debt.
Big holder plans to sell nearly $1 billion of Via Varejo stake: report
RIO DE JANEIRO - A minority partner of Via Varejo, Brazil's largest home appliance retailer, plans to sell as much as 2 billion reais ($988 million) worth of its stake in a public offering, newspaper Valor Economico reported on Monday.
North Korea fires short-range missiles for two days in a row
SEOUL - North Korea fired a short-range missile from its east coast on Sunday, a day after launching three of these missiles, a South Korean news agency said, ignoring calls for restraint from Western powers.
Ethiopia and Eritrea: An elusive peace on the cards?
Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.
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