Brazil’s central bank stepped into markets again to prop up the real amid a rout sparked by concerns about the sustainability of the country’s debt.
At least one person died in the collapse, which happened as a city councilman who had complained about the bridge's problems was shooting video.
About 163 workers were found in slavery-like conditions at a construction site for carmaker BYD in Brazil's Bahia state, labor authorities said during a press conference on Monday. According to authorities,
Brazil's Transpetro, a unit of state-run oil firm Petrobras , said on Monday that local shipbuilding firms Ecovix and Mac Laren had won a tender to build four new coastal vessels for $69.5 million per vessel.
Brazil economists raised their forecasts for inflation and borrowing costs in 2025 after central bankers reinforced their commitment to extend jumbo interest rate hikes into early next year.
Brazilian police say that that at least two people have been killed and a dozen others are missing after the collapse of a bridge that linked two northern states.
Brazil’s Juscelino Kubitschek de Oliveira Bridge partially collapsed Dec. 22, killing at least one person and leaving 14 others missing. One other person has been rescued.
A small airplane crashed Sunday in Brazil, leaving 10 people dead, officials told ABC News. Luiz Claudio Salgueiro Galeazzi, a businessman, had been piloting the plane, police said. He was traveling with nine family members, including his own children. All were killed in the crash.
Officials said EV factory staff were working excessively long hours while being kept in ‘degrading conditions’ in their accommodation.
By Fabio Teixeira RIO DE JANEIRO (Reuters) -Brazilian officials found 163 Chinese nationals working in "slavery-like conditions" at a construction site for a factory owned by Chinese electric vehicle producer BYD in Brazil's Bahia state,
Brazilian airline Gol is ending 2024 with "good prospects" for adding capacity to its network, Chief Executive Celso Ferrer told Reuters, as planemaker Boeing delivered new 737 MAX aircraft this month after long delays.