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Brazil to raise mining royalties, set up new regulator

RIO DE JANEIRO/BRASILIA Brazil's government will announce an increase in mining royalties and the creation of a new agency to regulate the industry in a bid to inject new life in Brazilian mining, three sources with knowledge of the matter told Reuters on Monday.

Exclusive: Berry borer beetle damages Brazil's coffee crop

NEW YORK/SAO PAULO Coffee growers in parts of Brazil are grappling with the worst beetle infestation in recent memory as a ban on a pesticide used for 40 years has helped the destructive insect flourish, threatening bean quality and yields.

Brazil mulls foot-and-mouth vaccine change after U.S. beef ban

SAO PAULO Brazil may change the formula of its foot-and-mouth vaccines, the country's agriculture ministry said on Monday, a move that follows a U.S. ban on imports of fresh Brazilian beef that is linked to abscesses found on carcasses.

Brazil mulls decree to unlock road infrastructure investments: paper

SAO PAULO Brazil's government is putting the finishing touches on a decree changing toll-road contract requirements in a move that could unlock billions in infrastructure investments, according to the Sunday edition of newspaper O Estado de S.Paulo.

Big week for Brazil IPOs leaves sweet taste for Carrefour, Biotoscana

SAO PAULO/BOGOTA The busiest week for initial public offerings in Brazil in four years ended on Friday on an upbeat note for issuers, as a nascent economic recovery and the passage of key economic reforms helped to lure global investors.

Brazil's Meirelles says no pension vote until conditions ripe

MENDOZA, Argentina Brazilian Finance Minister Henrique Meirelles said on Friday that the government's pension reform bill will only be put to the vote in Congress "when conditions are mature" and the timing is not certain.

Brazil's Temer says no more tax hikes, for now

MENDOZA, Argentina President Michel Temer said on Friday that his government has no plans for now to raise taxes again in its effort to meet this year's fiscal target, one day after raising taxes on fuels and announcing an additional spending freeze.

Brazil government lowers 2017 inflation forecast as recovery stumbles

SAO PAULO The Brazilian government lowered its forecast for inflation this year amid a slow economic recovery, which weighed on tax collection and forced it to cut public spending and raise taxes.

Brazil posts current account surplus of $1.3 billion in June

BRASILIA Brazil posted a current account surplus of $1.330 billion in June, central bank data showed on Friday, in line with market estimates of a surplus of $1.325 billion.

Brazil's Lula says he is being persecuted in court as supporters protest

SAO PAULO Former Brazilian President Luiz Inácio Lula da Silva, a leftist leader who is topping polls for the 2018 election, on Thursday told supporters protesting his conviction for corruption charges that his political opponents were persecuting him in the courts.

Israel to replace metal detectors in Jerusalem with smart surveillance

JERUSALEM Israel decided on Tuesday to remove metal detectors it had placed at the entrance to a holy site in Jerusalem's Old City and replace them with smart, less obtrusive surveillance means, a Cabinet statement said.

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