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Brazil electoral court dismisses case that could have ousted president

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BRASILIA Brazil's top electoral court dismissed a case on Friday that threatened to unseat President Michel Temer for alleged illegal campaign funding in the 2014 election, when he was the running mate of impeached President Dilma Rousseff.

Brazil's Temer sees healthy institutions in electoral court ruling

BRASILIA Brazilian President Michel Temer saw an electoral court ruling in his favor on Friday as a sign of effective institutions keeping the country's democracy working, his spokesman said in brief televised remarks following the court's decision.

Brazil federal police raid JBS on insider trade probe, shares fall

SAO PAULO Brazil's federal police on Friday raided the offices of JBS SA to investigate the alleged use of insider information in financial market dealings, pushing shares in the embattled meatpacker to a two-week low.

Brazil to renew Repetro oil sector customs regime: sources

RIO DE JANEIRO Brazil is mulling the extension of a special customs regime for the oil industry in a move aimed at maintaining the country's appeal to major global energy firms, according to three sources with knowledge of the matter.

Brazil electoral court poised to acquit scandal-plagued president Temer

BRASILIA Brazil's top electoral court on Friday was poised to toss out a case alleging that President Michel Temer used illegal campaign funding in 2014, giving the beleaguered leader some breathing room even as he faces a separate corruption investigation.

Brazil electoral court case against Temer loses force

BRASILIA After its chief judge urged his peers to consider Brazil's political stability, the country's top electoral court on Thursday excluded testimony of engineering company executives in an illegal campaign funding case against President Michel Temer

Petrobras removes contracting ban on Andrade Gutiérrez after plea deal

SAO PAULO State-controlled Petróleo Brasileiro SA has removed the engineering unit of Brazilian conglomerate Andrade Gutiérrez SA from a list of banned contractors, after the latter signed a leniency accord with prosecutors over a corruption scandal.

Brazil state wants Cesp sale by September, sources say

SAO PAULO Brazil's São Paulo state aims to sell control of Cia Energética de São Paulo SA by around September, two people with knowledge of the plan said on Thursday, marking the latest move by regional governments in Latin America's No. 1 economy to raise cash and exit the utility industry.

Brazil court excludes Odebrecht testimony in case against Temer

BRASILIA Brazil's top electoral court on Thursday decided not to admit as evidence the testimony of executives of engineering company Odebrecht SA [ODBES.UL] in an illegal campaign funding case against President Michel Temer, suggesting it will throw out the case.

Brazil approves world's first commercial GM sugarcane: developer CTC

SAO PAULO Brazil has approved commercial use of a genetically modified sugarcane, setting a milestone for the country's highly competitive sugar industry as this is the first time such permission has been granted anywhere in the world.

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UK leader May seen fighting for survival after election failure

LONDON British Prime Minister Theresa May faces a slew of criticism after a failed election campaign left her short of a parliamentary majority and fighting for survival as the clock ticks down to the start of Brexit talks. | Video