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  • Real Madrid sign Casemiro

    Spanish football club Real Madrid has exercised its option of signing Sao Paulo loanee Casemiro on a permanent deal. The 21-year-old joined the Spanish giants on loan in January and made his Liga debut in a 3-1 victory over Real Betis at the Santiago Bernabeu April 19, reports Xinhua. A series of impressive performances for Real Madrid Castilla in Spain's second tier convinced club president ...

  • Ferdinand happy to sign new contract with Man U

    Manchester United defender Rio Ferdinand has signed a one-year contract extension and expressed his delight over the deal on Twitter. He said that he is living his dream of working with the club for the next season. Ferdinand, whose contract was due to expire this summer, signed the deal to play under new United manager David Moyes, The Mirror reports. Ferdinand said he felt happy to continue ...

  • Mexican woman gets first transplant of ovaries in Latin America

    A Mexican woman received Latin America's first transplant of ovaries in a hospital in the western city of Guadalajara, the director of the Mexican Infertility Institute, Luis Arturo Ruvalcaba, announced. Ruvalcaba told EFE by telephone that the patient is a 32-year-old women who had developed cervical and uterine cancer that was detected and treated in France. "The ethics committee of the ...

  • Brazil to hold oil auction

    Brazil's first auction of contracts to develop offshore oil and gas reserves in the pre-salt region will be held in October, or earlier than previously scheduled, the government said Thursday. The government's National Council for Energy Policy authorized the change. Rights to develop blocks in the Libra field, which is estimated to hold between 8-12 billion barrels of recoverable oil, will be ...

  • Fire at Fuel Depot in Rio Kills One Daily

    Lucy Jordan By Lucy Jordan, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL – A huge fire at a fuel depot on the outskirts of Rio de Janeiro killed a man and injured seven others on Thursday, local media reported. Firefighters were still trying to control the blaze on Friday ...

Movie Review

Wall Street: Money Never Sleeps

Wall Street: Money Never Sleeps

A decade ago, Oliver Stone was the premiere cinematic chronicler of the recent American past. No filmmaker better nailed the anxieties and failed dreams of the 1960s and, more importantly, the remorse that followed, than Stone did in Platoon (1986), Born on the Fourth of Ju ... ...

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  • STXNEWS LATAM-BofA recommends Brazil property shares on uncertain policy

    Fri May 24, 2013 8:52am EDT Investors ought to maintain exposure to Brazilian shares that help them hedge against policy uncertainty and inflation or pay high dividends, analysts at Bank of America Merrill Lynch said on Friday. A basket of so-called defensive stocks in sectors such as utilities and commercial property has outperformed the benchmark Bovespa stock index by 14.5 percent, despite ...

  • Ricard Rocha Recife is wonderful

    Brazil had suffered their first ever FIFA World Cup(TM) qualifying defeat when going down 2-0 to Bolivia in La Paz and, on 22 August, Parreira's charges were roundly booed at the Morumbi in Sao Paulo, despite a 2-0 win over Ecuador. We are, after all, talking about a nation grown used to footballing success but, at the time, without a FIFA World Cup win since Mexico 1970. "And then, ...

  • Brazilian TAM Airlines appoints Claudia Sender as new CEO

    Claudia Sender appointed CEO of TAM Airlines The CEO of the holding company - TAM S.A - Marco Antonio Bologna, who had accumulated the position, announced Sender's appointment on 23 May. Sender currently serves as the airline's vice president of the Brazil Domestic Business Unit So Paulo, 24 May 2013 - Claudia Sender, previously vice-president of the Brazil Domestic Business Unit of ...

  • Brazils CPFL Renovveis revives IPO plans as market gains steam

    SAO PAULO | Fri May 24, 2013 7:20am EDT SAO PAULO May 24 (Reuters) - CPFL Energias Renovveis SA, the alternative energy unit of Brazilian utility CPFL Energia SA , revived plans for an initial public offering, seven months after scrapping them on concern of growing government meddling in the electricity sector. The Sao Paulo-based company said late on Thursday it asked regulators to ...

  • Brazil consumer confidence index falls in May - FGV

    SAO PAULO | Fri May 24, 2013 7:17am EDT SAO PAULO May 24 (Reuters) - An index that measures consumer confidence in Brazil fell to a reding of 113.4 in May from 113.9 in April, research group Fundao Getulio Vargas said on ...

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