Coca-Cola Femsa Buys Brazilian Bottler for $1.1B
The acquisition of Vonpar will make Femsa the largest volume distributor of Coke in Brazil, with a 49% market share.
Blame It on Rio
Hosting the Rio Olympics will be a net negative for Brazil's economy, predicts Euler Hermes.
How much do you know about the upcoming Summer Olympic Games in Rio de Janeiro? Take our quiz to find out.
Gol’s Debt Swap Offer Gets Tepid Response
Only 22% of the Brazilian airline's bondholders accepted the offer but it is continuing to look for medium-term restructuring solutions.
Rio Gets $849 Million Pre-Olympics Bailout
Brazil's federal goverment steps in after the state of Rio de Janeiro declares its finances are a "public calamity."
Brazil’s Economy Seen Shrinking 3.8% This Year
The latest Brazilian central bank survey of economists shows increasing pessimism amid the country's prolonged recession and political turmoil.
Moody’s Downgrades Brazil’s Debt to Junk
The downgrade brings Moody's in line with other rating agencies concerned about Brazil's creditworthiness amid its worst recession in decades.
World Bank Warns ‘Perfect Storm’ May Be Brewing
The Bank's sobering assessment for 2016 nevertheless calls for only a modest growth slowdown in China.
WTO Slashes 2015 Growth Forecast to 2.8%
The downward revision from April's 3.3% prediction reflects China's economic slowdown, which has crimped Asia's export growth.
Kraft, Heinz Combine in Mega-Merger
The companies estimate $1.5 billion in annual cost savings by the end of 2017.
Brazil’s Credit Market Closed for Business
A 25-year low in the real and the forecast of a contracting economy are not helping the country's overseas bond market.