U.S. and Brazilian
authorities are investigating whether Honeywell International
Inc's use of third parties in Brazil violated the U.S.
Foreign Corrupt Practices Act, Honeywell said in a regulatory
filing on Thursday.
Anglo American on Thursday posted a 2% rise in second quarter output and reaffirmed full-year production targets, boosted by a restart of operations at its Brazilian iron ore mine and higher volumes of coking coal.
Anglo American on Thursday said the ramp-up of iron ore at Minas Rio in Brazil and higher volumes of coking coal had offset reduced diamond production, raising second-quarter output by 2% and keeping the company on track to meet its 2019 targets.
Brazilian President Jair
Bolsonaro said on Wednesday his government will announce an
economic stimulus package this week to revive flagging growth,
confirming earlier media reports, in an effort to mark the first
200 days of his administration.
A soft dollar aided gains in Latin
American currencies on Wednesday, although stock markets in the
region came under pressure from an escalation in trade tensions
between the United States and China.
The Brazilian real edged higher, drawing optimism
from progress in the government's pension reform bill, which is
set to go through a second round of voting in Brazil's lower
house of Congress next week.
Despite a d
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