Swire Pacific Offshore Operations (SPO) has entered into newbuilding orders for platform supply vessels (PSVs) and an acquisition deal, Seatrade Asia online reports. The Singapore-headquartered SPO, wholly-owned by Swire Pacific Limited, ordered four PSVs to be built by Japan's Universal…

(Check It Out! Pictures!) SAO PAULO, Brazil- Millions of revelers and spectators gathered to celebrate the grandest holiday in Brazil, The 2012 Brazilian Carnival which celebrated by the three popular cities, Rio de Janeiro, Sao Paulo and Salvador. The annual...

World's biggest party! Brazil Jumbo Carnival has once again started with its full swing.An explosion of colour and music is seen in Brazil which has attracted as many as millions of people to the street for the auspicious celebration. The...

Rio of Janeiro (Brazil) Correspondent Correspondent - Feathers fly as every day for several weeks in this small modest home of Guadalupe neighborhood in the northern suburbs of Rio de Janeiro. They float in the evening air to disappear in...

Twitter has partnered with Yandex, the Russian web search giant, to include tweets in Yandex's search results, reports TechCrunch. This could potentially be a new source of revenue for Twitter -- Yandex described it as a licensing arrangement and Microsoft paid Twitter $30 million for a…

Officially, the fun starts yesterday in Brazil ,The parade of Seven samba schools in the Sambadrome Anhembi in the north of the capital city Sao Paulo, which started late on Friday, went through the night and ended on Saturday morning...

EDT Revelers and Afro-Brazilian men and women thronged the streets of Rio de Janeiro and Sao Paulo as the annual Brazil Carnival 2012 began Friday. They took part in the annual block parties, known as the "Afro Ilu Oba De...

Carnival is under way in Brazil and revellers have thrown away their inhibitions for the five-day party that runs up to Lent. The seaside city of Rio de Janeiro is best known for its "Carnaval" celebrations, but there are also famous parties in Sao Paulo, Salvador, Recife and...

RIO DE JANEIRO (AP) — It's the typical tale of doomed Carnival romance: Boy spots girl in the sweaty crush of a street party. Moments later, they're locked in a passionate embrace. Then the crowd surges, and the human tide wrenches them apart, forever. But this Carnival, there's hope…

By Mark Bern, CPA CFA Navistar International (NAV) makes commercial trucks, buses, step-vans, diesel engines and chasis for motor homes. The company derives about 20% of its revenue from outside the U.S. (Canada, Mexico, and Brazil). The company's stock dropped last summer along…

The annual Brazilian Carnival, an intense week of celebrations that culminate in a Fat Tuesday parade, have begun...

Freight rates for dry bulk cargo, as reflected by the benchmark Baltic dry bulk index, have crashed in the past two months. The index, at 1,930 on December 12, fell 66.5 per cent to 647 in early February and moved up marginally, to 695, in the past few days, Business-Standard…

Facebook's popularity in Brazil has exploded over the past year, and the company may have its biggest competitor to thank for it. In its recent initial public offering filing, Facebook said its number ...

General Mills Inc. is reportedly coming back to Brazil after four long years. Its return to the land of Samba beats was marked by its decision to buy Yoki.

NTT Data Corp, through its subsidiary Value Team Consulting & Solution, will be acquiring 100% shares of Total Systems Consulting Group, which specializes in IT solutions, payments application, consulting and outsourcing in Brazil. Value Team, with a presence in Brazil,...

(02-13) 17:39 PST RIO DE JANEIRO, Brazil (AP) -- A police strike in Rio de Janeiro ended Monday just days before the city explodes in chaos for the world's biggest Carnival bash. The decision came just two days after a...

Articles The lawsuit was filed by the Attorney General of the Union (AGU) Luis Inacio Lucena Adams to a federal court in the state of Goias. It claims accounts that provide information to road users violate both traffic and criminal...

Brazil, faced with a police strike that apparently contributed to a spike in killings in the northeast, is bracing for similar strikes in Rio de Janeiro during Carnival.

Says ample liquidity conditions to boost emerging market rally; downgrades South Africa; upgrades Brazil

SALVADOR, Brazil (AP) — Striking police officers in the northeastern city of Salvador on Thursday evacuated the state legislative building they occupied in protest for more than a week. It was not immediately clear, however, whether the conclusion of the dramatic standoff between the…

Equifax Inc.'s EFX fourth-quarter earnings rose 20% as the credit-reporting company posted revenue growth led by its U.S. consumer-information services business. For the current quarter, the company forecast per-share earnings of 64 cents to 67 cents on revenue growth of 9% to 12%, excluding…

SALVADOR, Brazil (AP) — Disgruntled police across Brazil are taking aim at the country's iconic Carnival celebration, raising threats to the annual street parties that draw hordes of foreigners as a way to press their demands for pay raises. Police officers already on strike in Salvador…

SALVADOR, Brazil (AP) — Troops tightened the security ring around a Brazilian state legislature building Wednesday, seeking to step up pressure on the hundreds of striking police barricaded inside as the city's Carnival festivities approach. Soldiers used military vehicles and…