Bargain Hunters Make Brazilian Market Rebound

Latin American shares turned higher, led by Brazilian receipts, which received the brunt of yesterday’s steep declines. U.S. shares managed to post strong gains amid mixed economic data, as Microsoft posted solid quarterly results and gave a positive revenue outlook, while crude oil prices slumped.

Tags:

You May Also Like

WTO Stalemate Is Political and Not Technical, Say Brazil’s Lula

During his weekly radio broadcast Monday, May 29, Brazilian President Luiz Inácio Lula da ...

There Won’t Be Hunger in Brazil in One Year, Says Lula’s Aide

By the end of Brazilian President Luiz Inácio Lula da Silva’s mandate, no family ...

Iraqis Eating Brazilian Cheese

Polenguinho cheese, a well-known appetizer in Brazil, can now also be found on the ...

It Took 32 Years for Japan to Taste Brazil’s Mango

After 32 years of negotiations, the first shipment of Brazilian mangoes is on its ...

Argentina to Impose Retaliatory Tariffs on Brazilian Products

The government of Argentina announced it would slap anti-dumping tariffs for six months on ...

US-made Corn Ethanol Is Not the Way to Go, Warns Brazil’s Lula

Once again Brazil's President, Luiz Inácio Lula da Silva, stressed the importance of the ...

Pope Intercedes and Brazilian Bishop Ends Hunger Strike

Bishop Dom Luiz Flávio Cappio ended his 11-day hunger strike after a meeting with ...

Foreign Investors Keep Selling Brazilian Assets and Stocks Are Down 15% in 2010

Bovespa, Brazil’s  stock index and the real, the Brazilian currency, lost ground for a ...

Brazil’s Development Bank Doubles Energy Financing to US$ 4.3 Billion

Financing by the Brazilian Development Bank (BNDES) for the energy sector totaled 8.3 billion ...

Obscene Was Her Middle Name

Cassandra Rios and another woman writer by the name of Adelaide Carraro became famous ...