"legal updates" Category
Odebrecht signs new leniency deal with Brazil authorities

BRASILIA (Reuters) - Industrial conglomerate Odebrecht SA has signed a leniency deal with Brazil’s attorney general and comptroller general expanding on an agreement with federal prosecutors that set terms for its cooperation in a massive graft probe, authorities said on Monday.

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Brazil Senate approves Open Skies air deal with United States

BRASILIA (Reuters) - Brazil’s Senate on Wednesday approved an Open Skies agreement between Brazil and the United States that clears the way for a partnership between American Airlines Group Inc (AAL.O) and LATAM Airlines Group SA LTM.SNLFL.N.

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Uber Scores Victory With New Brazil Legislation

Brazil’s lower house of Congress voted to approve lighter regulations on car-hailing apps, giving a boosts to Uber Technologies Inc. in one of its largest markets.

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Entrepreneurs defend pension reform

Leaders from major productive segments of the country met with President Michel Temer to declare their support for Pension Reform and call for urgent action to approve the bill.

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Meirelles: Pension Reform will free resources to invest in the country

Speaking to business leaders in a meeting in the Presidential Palace on Tuesday (12 December), Finance Minister Henrique Meirelles said that the sooner pension reform is approved, the better for the country.

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New labour law prompts Brazil small firms to hire workers legally

New labour laws that took effect this month in Brazil are prompting small firms to bring workers onto their books, potentially taking the edge off a recent surge in under-the-table employment and providing a boost for tax revenues.

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Meirelles: Pension reform will boost "confidence and solidity" in the economy

Finance Minister Henrique Meirelles reinforced on Wednesday (8) the need for approval of the pension reform before the end of this year.

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Brazil congressional committees ready reforms helping small miners

Brazilian congressional committees are scheduled to vote on sweeping mining reforms on Tuesday, likely amending President Michel Temer’s proposals to favor smaller miners before putting them to a broader vote.

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Mobility apps celebrate legislative victory in Brazil

Mobility apps celebrated their latest victory in Brazil as a Senate vote for legislation aimed at making their operation unviable has been postponed.

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Temer sanctions new fiscal target for 2017/2018

President Michel Temer sanctioned a bill on Wednesday to redefine the fiscal target for 2017 and 2018. According to the decree, which will be published in the Federal Government Official Gazette (DOU) tomorrow, Brazil will have a deficit target of R$ 159 billion for the next two years.

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