Brazil's Next Boom: Still Brewing

Sao Paulo could lose World Cup matches: FIFA Brasilia's World Cup stadium on track, says FIFA Sao Paulo World Cup venue to miss FIFA deadline Sao Paulo World Cup stadium delay upsets FIFA Rio de Janeiro, May 17 (IANS) More than 76 percent of tickets ...

SAO PAULO--International Finance Corp., a World Bank affiliate, agreed to acquire a 7.9% stake in Brazil's insurance company Sul America SA (SULA11.BR, SULA4.BR) for 400 million Brazilian reais ($200 million). IFC will acquire the stake from Dutch ...

By Rogerio Jelmayer SAO PAULO--International investors bought 58.36% of shares sold through the initial public offering of Brazilian pensions and insurance company BB Seguridade Participacoes SA (BBSE3.BR), which posted world's biggest IPO so far ...

SAO PAULO--Brazilian utility Companhia Energetica de Minas Gerais (CMIG4.BR, CIG) reported Thursday a 37% jump in first-quarter profit as higher spot-market electric prices offset a cut in revenue coming from contractual customers. Cemig, as the ...

SAO PAULO: Ronaldinho and Kaka have been left out of Brazil's team for the Confederations Cup in June.Coach Luiz Felipe Scolari also overlooked Alexandre Pato and Chelsea's Ramires for the World Cup

RIO DE JANEIRO, May 15 (Xinhua) -- FIFA secretary general Jerome Valcke has guaranteed Sao Paulo's World Cup stadium will be ready on time, one day after claiming the venue could be taken off the tournament schedule due to construction delays.

(Reuters) - Sao Paulo's World Cup stadium will be ready on time, FIFA said on Wednesday, less than 24 hours after warning the city it could lose the right to stage matches because of delays in building the new arena. Soccer's governing body said it ...

SAO PAULO, May 15 (Xinhua) -- A stunning Juan Roman Riquelme strike sent Boca Juniors into the Copa Libertadores quarterfinals and eliminated reigning champions Corinthians on Wednesday. Boca, who won the first leg 1-0 at the Bombonera, took a 2-0 ...

Winning the Sao Paulo 300 for a fourth straight time became a lot harder for Will Power after a mishap in qualifying sent him to the back of the grid for Sunday's IndyCar race.