Centrais Eletricas Brasileiras SA (ELET6) fell to the lowest in seven years, leading a plunge in Brazilian utilities, amid concern the government will seek to lower electricity rates. Voting shares of Eletrobras, as the largest Brazilian utility is known Full Article at Bloomberg.com
People have this notion that Brazil is all about beaches, carnival and the Amazon rain forests. Well, Brazil is all about that and more. In fact, Brazil has one of the largest natural gas reserves, and that is probably why it attracts so many internation Full Article at Seeking Alpha
Dani Lobao tossed a two-hitter as Vacaville's junior varsity softball team downed host Will C. Wood 12-1 in five innings in the season finale for both teams. Lobao struck out eight batters and did not issue a walk. She also singled and drove in a run. Th Full Article at The Reporter
The bonds would yield 15 percent a year and could be converted into stock in the future, said the person, who asked not to be identified because the plan isn’t public yet. A meeting with creditors to discuss the plan will be held within 120 days, Celpa s Full Article at Bloomberg.com
* U.S. payrolls data worse than expected SAO PAULO, May 4 (Reuters) - Latin American stocks fell to their lowest level in over three months on Friday after worse-than-expected U.S. jobs numbers and disappointing euro zone business activity data sapped in Full Article at Reuters Mobile
SAO PAULO (Reuters) - The chief executive of Brazil's state-run oil company Petrobras plans to replace more senior executives after dumping her refining and engineering chiefs last week, the country's Energy Minister Edison Lobao said on Thursday. Offici Full Article at Hartford Courant
NEW YORK May 3 (Reuters) - U.S.-listed shares of foreign companies fell on Thursday as data showing slower-than-expected expansion in the U.S. services sector dented investor optimism ahead of a key report due Friday. Data showing signs of slowing U.S. e Full Article at Reuters.co.uk
SAO PAULO May 3 (Reuters) - The chief executive of Brazil's state-run oil company Petrobras has given marching orders to more of the company's senior management, Energy Minister Edison Lobao said on Thursday. Finance Director Almir Barbassa will be the l Full Article at Reuters
SAO PAULO May 3 (Reuters) - Brazil's government-controlled prices for gasoline and diesel will be raised when international oil prices hit $130 a barrel, Energy Minister Edison Lobao said on Thursday. Brazil's state-run oil company Petrobras has been imp Full Article at Reuters.co.uk
Brazil says its new natural gas finds on land herald a golden age of the energy resource and will likely reduce dependence on gas imports from Bolivia. RIO DE JANEIRO, May 1... Full Article at United Press International