Brazil's Agriculture Ministry will allow for agrochemicals awaiting regulatory approval to receive licenses automatically, potentially allowing new pesticides to reach market faster, according to new rules published on Thursday.
Brazilian mining company Vale
SA said on Thursday it has begun preparations for a
potential fuel leak from the damaged iron ore carrier MV Stellar
Banner, which is stranded off the Brazilian northern coast.
Brazil's state-controlled oil
company Petrobras said on Thursday it has started the sale
process for its 51% stake in the gas unit Gaspetro and for its
stakes in the Merluza and Lagosta oil fields in Brazil's Santos
basin, according to a securities filing.
Latin American currencies were pressured
on Thursday, with Brazil's real touching a record low as a jump
in new coronavirus cases outside China heightened fears about an
imminent pandemic that could weigh heavily on global growth.
The cost of insuring exposure to
debt issued by the governments of Italy, a number of Gulf
states, Brazil and Mexico rose to multi-month highs after the
spread of the coronavirus roiled financial markets around the
Latin American beverage maker
Ambev SA sees its sales volume and earnings before
interest, taxes, depreciation and amortization (EBITDA) in
Brazil growing in 2020, its CEO Jean Jereissati Neto told a
conference call on Thursday.
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