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World 31 Dec 2020 | 6:21 AM

Brazil's public sector primary deficit in November sets four-year high

BRASILIA, Dec. 30 (Xinhua) -- Brazil's public sector registered a primary deficit of 18.1 billion reals (3.49 billion U.S. dollars) in November, the worst result for the month since 2016, the Central Bank of Brazil announced on Wednesday.

Business 31 Dec 2020 | 7:00 AM

Petrobras receives huge corruption settlement

SAO PAULO: Brazilian state-run oil company Petrobras said that it had received 232.6 million reais (US$44.65mil) yesterday in a settlement with Swiss energy trading firm Vitol, which was implicated in a sprawling national corruption probe.

World 01 Dec 2020 | 6:51 AM

Brazil sees first primary fiscal surplus of 2020 in October

BRASILIA, Nov. 30 (Xinhua) -- Brazil's public sector registered a primary surplus of 3 billion reals (about 566 million U.S. dollars) in October, marking the first surplus of the year, but the worst result for the month since 2015, the Central Bank of Brazil said Monday.