Search Results for: Brazil
Euro edges higher, stocks sag before ECB meeting
November 6th, 2014
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone data and reports of disquiet about his leadership style. The ...
Petrobras Official Takes Leave in Possible PwC Resolution
November 5th, 2014
A senior Petroleo Brasileiro SA (PETR4) executive cited in a corruption investigation took a leave of absence, clearing the way for the company to report earnings and debate a fuel-price increase. Sergio Machado, head of the state-run oil producer’s transport unit ...
IOSCO publishes strategic framework for Investor Financial Education
November 4th, 2014
The International Organization of Securities Commissions today published a final report on the Strategic Framework for Investor Education and Financial Literacy, which describes IOSCO’s role in promoting investor education and financial literacy and its strategic approach to both. The ...
Four More Years Of Pain For Petrobras
October 29th, 2014
Brazil’s incumbent President Dilma Rousseff pulled off a victory on Oct. 26 in a runoff election, and the markets are not too happy about it. As recently as September, President Rousseff was not seen as the preferred candidate. In ...
Swiss officials search Sarasin bank in German tax probe
October 24th, 2014
Swiss authorities have searched the offices of private Bank J. Safra Sarasin as part of a probe led by German prosecutors into dividend stripping, an investment strategy that can be used to help clients avoid taxes, a Zurich prosecutor ...
Currency Wars Evolve With Goal of Avoiding Deflation
October 22nd, 2014
Currency wars are back, though this time the goal is to steal inflation, not growth. Brazil Finance Minister Guido Mantega popularized the term “currency war” in 2010 to describe policies employed at the time by major central banks to ...
Chiquita shares fall ahead of key investor vote
October 21st, 2014
Chiquita shares fell after a top shareholder rejected the firm’s plan to buy an Irish rival. Shares of Chiquita Brands International (CQB) closed down sharply Monday after a major institutional investor in the banana market giant said it would ...
Emerging markets enter slow growth era
October 13th, 2014
Growth in emerging markets is slowing to its lowest ebb since the aftermath of the financial crisis due to a combination of China’s fading dynamism, a sputtering performance in eastern Europe and Latin America’s slowdown. Evidence that emerging economies ...
Asian shares, oil prices tumble on growth worries
October 10th, 2014
Asian shares shuddered and Brent crude oil prices tumbled to their lowest since 2010 on Friday after weak German export data raised fears that Europe’s economic woes could drag down the global economy. “European markets face the prospect of ...
I.M.F. Asks Rich Nations for Support
October 8th, 2014
The International Monetary Fund said that cash-rich countries needed to step up large public investments to help keep the flagging global recovery on track. The International Monetary Fund, showing heightened concern over a slowing world economy, said on Tuesday ...
