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Reuters - Business

Carrefour to buy 30 stores in Brazil from rival Makro

Reuters
FILE PHOTO: A Carrefour logo is seen on a Carrefour Hypermarket store in Antibes, France May 6, 2019. REUTERS/Eric Gaillard/File Photo SAO PAULO (Reuters) – The Brazilian unit of France’s Carrefour SA (CARR.PA) has agreed to buy 30 stores from rival retailer Makro’s Brazilian subsidiary, Makro said in a statement......
Reuters - Business

Exclusive: Jet buyers back Boeing-Embraer deal as Airbus expands reach

Reuters
SINGAPORE (Reuters) – Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets. FILE PHOTO: An Embraer E-190 E2 aircraft featuring a......
Reuters - Business

Mexico’s America Movil to focus on bringing 5G to Latin America

Reuters
FILE PHOTO: The logo of America Movil is pictured on the wall of a reception area in the company’s corporate offices in Mexico City, Mexico, May 18, 2017. REUTERS/Edgard Garrido/File Photo MEXICO CITY (Reuters) – America Movil, Mexico’s largest telecommunications provider, shed light on its plans to roll out 5G......
Sports Illustrated - NCAA Football

Philippe Coutinho: Bayern Munich loanee is always optimistic

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTcwMzcyODE5MzM3NjE4NjU2/coutinho-bayern-munich.jpg Luis Miguel Echegaray Sunday, in an entertaining, albeit scoreless battle between the current top two sides in Germany, Bayern Munich tied RB Leipzig at Allianz Arena. It was the first time this season anyone had kept Bayern from scoring in the league. That’s not an easy thing to do......
Reuters - Business

Route cuts intended to make South African Airways sustainable: rescue team

Reuters
FILE PHOTO: Passengers board a South African Airways plane at the Port Elizabeth International Airport in the Eastern Cape province, South Africa, September 30, 2018. REUTERS/Siphiwe Sibeko/File Photo JOHANNESBURG (Reuters) – Plans to cut some of South African Airways’ (SAA) domestic and international routes are aimed at making the airline......
Reuters - Business

Take Five: China’s virus paralysis

Reuters
LONDON (Reuters) – Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 21, 2020. REUTERS/Brendan McDermid 1/COUNTING THE ECONOMIC TOLL The coronavirus continues to claim lives, yet the impact on global demand and companies is just starting to be felt. Recent days......
Reuters - Business

Uber wins appeal in Brazil, court says drivers are not employees

Reuters
FILE PHOTO: An Uber pick-up location is pictured in San Diego, California, September 30, 2019. REUTERS/Mike Blake/File Photo SAO PAULO (Reuters) – A superior labor court in Sao Paulo state ruled on Wednesday that there is no employment relationship between Uber and its drivers, siding with the ride hailing company......
Reuters - Business

Exclusive: First Petrobras employee flips in Brazil commodity traders probe

Reuters
RIO DE JANEIRO/HOUSTON (Reuters) – A former trader at oil firm Petrobras has signed a plea bargain agreement with Brazilian prosecutors investigating bribery allegations, defense lawyers and prosecutors said, a potential breakthrough in a case involving some of the world’s top commodity trading houses. FILE PHOTO: People walk in front......
Reuters - Business

Burger King says it never promised Impossible Whoppers were vegan

Reuters
(Reuters) – Burger King, saying it never billed its “Impossible Whoppers” as vegan or promised to cook them a particular way, said a proposed class action by a vegan customer over the plant-based patties being cooked on the same grills as meat burgers should be thrown out. In a court......
Reuters - Business

Oreo maker Mondelez’s quarterly results sweetened by emerging markets

Reuters
(Reuters) – Mondelez International Inc (MDLZ.O), the maker of Oreos and Chips Ahoy cookies, on Wednesday reported quarterly revenue that beat estimates, helped by higher demand for its snacks in developing markets, sending shares up 3%. The logo of Mondelez International is seen on an office building in the Glattpark......
Reuters - Business

Petrobras workers call strike from Saturday; company says it is illegal

Reuters
FILE PHOTO: A logo of Brazil’s state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes SAO PAULO (Reuters) – Workers at Brazilian oil company Petrobras approved a plan to go on strike from Saturday, protesting a plan by the state-controlled......
Sports Illustrated - NCAA Football

Lucio retires: Brazilian defender ends career at 41

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTcwMDkxNjExMTg1ODE3MTYx/lucio-retires-brazil.jpg Associated Press Giuliano Bevilacqua/Shutterstock SAO PAULO (AP) – World Cup and Champions League winner Lúcio announced his retirement on Wednesday at the age of 41. The Brazilian defender spent the last two years playing for Brasiliense, a small team in his hometown Brasilia. Lúcio was a starter and a......
Reuters - Business

Brazil antitrust regulator gives nod to Boeing-Embraer deal

Reuters
FILE PHOTO: The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid BRASILIA (Reuters) – Brazilian antitrust regulator Cade on Monday approved Boeing Co’s (BA.N) purchase of Embraer SA’s (EMBR3.SA) commercial aviation division without restrictions, according......
Reuters - Business

BlackRock, Franklin Templeton eye partnership with Banco do Brasil’s asset management unit: report

Reuters
FILE PHOTO: A man walks in front of Banco do Brasil headquarters building in Brasilia, Brazil October 29, 2019.REUTERS/Adriano Machado SAO PAULO (Reuters) – Asset managers BlackRock Inc., Franklin Templeton and Principal Financial Group are vying for a partnership with state-controlled lender Banco do Brasil’s asset management unit, a Brazilian......
Reuters - Business

Air Niugini delays delivery of four 737 MAX jets until at least 2024

Reuters
A Boeing 737 Max aircraft taxis the runway at the Renton Municipal Airport in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson SYDNEY (Reuters) – Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co (BA.N) to delay the delivery of its four 737 MAX jets on......
Reuters - Business

Brazil’s Ambev sets ambitious target to end plastic pollution in packaging

Reuters
FILE PHOTO: AmBev (Companhia de Bebidas das Americas) beer crates are pictured in their unit in Fortaleza, Brazil January 10, 2019. REUTERS/Paulo Whitaker SAO PAULO (Reuters) – Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that......
Reuters - Business

Embraer studies turboprop to be developed through Boeing venture

Reuters
DUBLIN (Reuters) – Brazilian planemaker Embraer (EMBR3.SA) is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday. FILE PHOTO: Embraer’s commercial aviation chief John Slattery......
New York Post

At least 75 ‘highly dangerous’ inmates flee Paraguayan prison

NYPost
New York Post – For more and to sign up click here At least 75 “highly dangerous” inmates — many of them members of a notorious Brazilian gang — escaped from a Paraguayan prison on Sunday through a tunnel they dug, authorities said. The prisoners dug an underground passage “like......
Sports Illustrated - NCAA Football

South American 2020 Olympic qualifying light on star power

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTY5ODA3ODY4NzM0NzQ0Mzc5/rodrygo-vinicius-brazil-real-madrid.jpg Associated Press JuanJo Martin/EPA-EFE/Shutterstock BOGOTA (AP) – South American soccer teams trying to secure a spot at the Tokyo Olympics will have to do without some of their best Under-23 players at an upcoming qualifying tournament. The region’s Pre-Olympic Tournament begins on Saturday in Colombia without many of the......

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