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Too much traffic? Join hundreds of local businesspeople in buying a helicopter. Want to go mountain climbing? Try rappelling off the city's overpasses. With 10 million people living inside the […]

Brazilian inflation grew by a greater-than-expected 0.6 percent in March, possibly preventing efforts by the Central Bank to reduce interest rates and stimulate economic growth. Increases in gasoline and electricity […]

BellSouth and Joseph Safra, one of Brazil's wealthiest bankers, are engaged in a dispute that may result in a big and messy corporate debt renegotiation. The dispute touched off a […]

Despite a slump in aircraft deliveries, the Brazilian jet maker Empresa Brasileira de Aeronautica, or Embraer, used currency gains to increase profit by 18 percent in the fourth quarter. Net […]

Consumer prices in Brazil posted a 0.36 percent gain in February, increasing the likelihood that the central bank will cut interest rates in a policy meeting next week. A slowdown […]

The Brazilian economy performed worse than expected in the fourth quarter of 2001, contracting 0.7 percent, as high interest rates and power rationing caused a decline in industrial production. Gross […]

Brazil's unemployment rate rose to 6.8 percent in January compared with 5.6 percent in December. With retail and construction suffering the most losses, unemployment also rose from 5.7 percent in […]

Hoping to open new markets to agricultural and beef products, President Jorge Batlle of Uruguay met with President Bush to push for a free-trade agreement between the two nations. Exports […]

At the height of the Southern Hemisphere summer, the Carnival holidays just before Lent are peak periods for the coastal resorts of Uruguay and southern Brazil. Any other year at […]

The Argentine government postponed the reopening of the foreign exchange market until Monday to complete details of the transition to a fully floating peso. The government also said that a […]

How many ways can you pay for a cortado and three medialunas? At the Lagoa Cafe in the city center, the answer is now six and rising. For the traditional […]

With banks and exchange houses closed today, the first day of a two-day emergency bank holiday declared this weekend, black market dollar-dealers -- known as arbolitos, or little trees, for […]

Faced with increasing local competition and stagnant growth in the pension fund industry, Deutsche Bank sold its Brazilian asset management business to Banco Bradesco, one of the country's biggest banks, […]

After months of financial and management turmoil, the Spanish- and Portuguese-language Internet company StarMedia Network sold one of its main Brazilian Internet properties, the search engine Cade, to Yahoo for […]

Negotiations for a Free Trade Area of the Americas, scheduled to intensify next year, have been made 'much more complicated' by American trade legislation that would exclude some of Brazil's […]

After two and a half years at the helm of Brazil's largest state-owned enterprise, the oil company Petrobras, Henri Philippe Reichstul will step down for personal reasons. The president of […]

Continuing its streak of state bank purchases, Brazil's second largest private bank, Banco Itau, bought Banco do Estado de Goias for $271 million. Itau narrowly beat out Brazil's largest private […]

The Brazilian government auctioned 11 licenses to build hydroelectric power plants to companies including Alcoa Inc., Electricite de France and Tractebel S.A. of Belgium, giving an important boost to investor […]

The Brazilian economy grew just 0.34 percent in the third quarter compared with the period a year earlier. Growth was stifled at home by energy rationing and high interest rates […]