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  • Corinthians beat Santos to win Campeonato Paulista

    Corinthians won their 27th Campeonato Paulista title after a 1-1 draw in the second leg of the final against Santos. The result at the Vila Belmiro stadium Sunday gave the reigning FIFA Club World Cup champions a 3-2 aggregate victory, reports Xinhua. Cicero scored the opener for Santos just before the half-hour with a stunning left-foot volley before Danilo equalised two minutes later with a ...

  • Mexico aims to boost trade with Brazil

    Mexican Foreign Relations Secretary Jose Antonio Meade visited his Brazilian counterpart, Antonio Patriota, with whom he agreed to promote a series of business meetings to boost bilateral trade. Meade told a press conference that, on the topic of trade, "right now that is Mexico's goal", but that at present there is no intention to negotiate free-trade agreements with Brazil. "There's a mutual ...

  • Brazil midfielder Paulinho denies transfer rumours

    Brazil international midfielder Paulinho has denied speculation that he is on the verge of a move to Europe. The 24-year-old Corinthians star is reportedly on the radar of Inter Milan, Shakhtar Donetsk and Chelsea, among other European clubs, reports Xinhua. Speaking after Corinthians' 3-2 aggregate victory over Santos in the final of the Campeonato Paulista Sunday, Paulinho said he would ...

  • Brazilian Govt Has Created More than 4 Million Jobs since 2011

    Brasilia, May 20 (Prensa Latina) Brazilian President Dilma Rousseff, stated today that more than four million new formal jobs have been created since 2011, an important step in reducing inequality in the country. More jobs and wage increases are key factors for reducing inequalities in the country, Rousseff stressed today in her weekly radio program, "Coffee with the President." ...

  • Gerdau adding 40 jobs in Knox County

    Gerdau Ameristeel has recently become a Department of Energy-certified Energy Champion. The Knoxville plant and another, which recycle scrap metal to make rebar, reduced natural gas useage by 46 percent and energy use overall by 19 percent. Photos for Business Journal shot Monday, Jun. 7, ...

Movie Review

In the Valley of Elah

In the Valley of Elah

The title of Paul Haggis's In the Valley of Elah is taken from the Biblical story of David and Goliath, and the exact metaphorical implications of that well-worn tale of bravery in the face of overwhelming odds is as ambiguous as the film itself, which has the bas ... ...

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  • EMERGING MARKETS-Brazil stocks sink following weak earnings

    * Brazilian companies posted avg 12.3 pct drop in Q1 income * Expiration of share options leaves Bovespa volatile * Brazil Bovespa falls 0.76 pct, Mexico IPC down 0.38 pct By Danielle Assalve SAO PAULO, May 20 (Reuters) - Brazilian stocks dropped on Monday as investors reevaluated their positions in local shares following a disappointing first-quarter earnings season. Mexico's IPC index ...

  • Brazil Swap Rates Drop as Lower Growth Forecast Real Advances

    Brazil 's swap rates fell for the first time in a week as analysts surveyed by the central bank lowered their economic growth forecast, fueling speculation policy makers will limit increases of borrowing costs. Swap rates on the contract due in January 2015 dropped two basis points, or 0.02 percentage point, to 8.50 percent at 9:47 a.m. in Sao Paulo. The real appreciated 0.1 percent ...

  • UBS names Sylvia Coutinho as head of Brazilian unit

    Mon May 20, 2013 9:36am EDT * UBS stepping up brokerage and advisory efforts * Coutinho held key Latam leadership posts at HSBC * Outgoing UBS Brazil chief Salles to retire SAO PAULO, May 20 (Reuters) - UBS AG on Monday appointed Sylvia Coutinho as chief executive officer for its unit in Brazil, where the bank is stepping up its focus on brokerage and advisory work. Coutinho, who most recently ...

  • Rumors Spark Brazil Bank Run

    Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led thousands of people to rush to withdraw money from a Brazilian bank over the weekend. Customers lined up at ATMs at dozens of bank branches of Caixa Economica Federal, a government-owned bank, which pays the social security subsidy on Saturday and Sunday. "The bank branches themselves aren't ...

  • RPT-Fitch Brazilian consumer credit expected to expand

    Mon May 20, 2013 9:23am EDT (Repeat for Additional Subscribers) May 20 (Reuters) - (The following statement was released by the rating agency) Consumption by Brazilian consumers will continue to expand and further increase the demand for credit in 2013 and 2014. However, this is contingent upon the resumption of sustainable economic growth, according to a new Fitch Ratings ...

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