European Languages :: Portuguese

Brazilian equities rise as housing stocks extend gains and as oil giant Petroleo Brasileiro SA reports evidence of oil in offshore Brazil.

Brazil's Justice Ministry said Wednesday it has fined the local Fiat subsidiary for failing to recall Stilo models to fix a wheel problem that may have caused eight deaths since 2004.

Portugal's borrowing costs fell at an auction of 2021 bonds even after Fitch Ratings said yesterday it may cut the nation's credit ranking unless it steps up measures to strengthen its finances.

NEW YORK - The dollar gave back some gains Wednesday as a big jump in Chinese exports last month suggested global demand for goods is rising, while Portugal's successful bond sale helped calm some worries over budget problems facing several European countries.

Brazil's economy will expand 6 percent in 2010 and more than 4.5 percent anually over the next five years as the country experiences a "growth miracle," RBC Capital Markets Inc. said.

A week after announcing its austerity plan, Portugal sold more bonds than initially planned Wednesday, and at a lower borrowing cost.

Bunds held yesterday's gains as Portugal's larger-than-planned debt auction failed to allay demand for the perceived safety of German securities in the wake of Greece's budget crisis.

Portuguese debt agency says euro990 million ($1.34 billion) bond issue is oversubscribed Bond - Business - Government - Portugal - Financial Services

Even Construtora e Incorporadora SA and shareholders plan to sell about 632.5 million reais ($356.6 million) of voting shares in Brazil to fund investment.

Brazil's president said his hand-picked candidate to succeed him in October's election would help do away with machismo by becoming the first female president of Latin America's largest and most influential nation.

BRASILIA, Brazil - Brazil's president said his hand-picked candidate to succeed him in October's election would help do away with machismo by becoming the first female president of Latin America's largest and most influential nation.

Brazil's president tells The Associated Press that his nation won't embark on a trade war with the United States in a dispute over Washington's failure to eliminate illegal cotton subsidies.

RIO DE JANEIRO, March 9 -- Overfishing is threatening to decimate Brazil's seafood resource and the latest danger concerns the country's sardine catch, which has led officials to speed up plans for conservation of the species.

BRASILIA, Brazil -- President Luiz Inacio Lula da Silva says he's so confident of Brazil's chances in the World Cup that he is already planning to be at the final on July 11.

Portugal's AA credit rating may be lowered if the nation fails to take further action to shore up its finances after introducing "pedestrian" budget reforms, Fitch Ratings said.

Brazil's president says his government has yet to decide which fighter jets his nation will buy. In his weekly newspaper column, Luiz Inacio Lula da Silva says the decision will be based on what is best militarily, economically and politically for Brazil.

Brazil stocks advanced, erasing an earlier decline, as Cia. Siderurgica Nacional SA shares gained. The increase was limited by a drop in oil prices.

Bank of America Corp. downgraded Brazil's debt to "underweight" in anticipation of elections later this year and raised Mexico dollar-denominated bonds to "overweight" on the outlook for a U.S. economic recovery.

MATTHEW McConaughey's 20-month old son speaks better Portuguese than he does. The Fool's Gold actor insists his failure to grasp Brazilian girlfriend Camila Alves' native language is actually good for their relationship because it means she can vent her feelings about him more freely. "Levi speaks a whole lot more Portuguese than Papa does," said Matthew, who.

Lisbon - A planned set of austerity measures for debt-ridden Portugal Tuesday unleashed a torrent of criticism from the opposition and in the media. The Socialist minority government led by Prime Minster Jose Socrates on Monday announced higher taxes.