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Dilma Rousseff

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  • Petrobras hit with U.S. class action suit over $98 billion in securities

    Brazil's state-run oil company Petroleo Brasileiro SA and some of its executives were hit with a U.S. class action lawsuit by investors in $98 billion of the company's securities over an alleged kickback and bribery scheme.
  • Brazil's president names farmers' champion Abreu as agriculture minister

    Brazil's President Dilma Rousseff named Senator Katia Abreu, a high-profile politician who has vocally defended farmers from claims they cut down the rainforest, as the country's new agriculture minister on Tuesday. Abreu has presided over the powerful...

    Brazil's Rousseff picks allies for second-term cabinet

    Brazilian President Dilma Rousseff appointed 13 new ministers on Tuesday, choosing allied politicians in a cabinet reshuffle while trying to avoid any names that could be linked to a widening corruption scandal at state-run oil company Petrobras....

    Brazil central bank signals another steep interest rate hike

    Brazil's central bank sees inflation remaining above the 4.5 percent center of its official target for the next two years, hinting it could keep the aggressive pace of interest rate hikes to ease price increases in the future. In its quarterly inflation...

    Brazil's Rousseff stands by Petrobras CEO, says pessimism overblown

    Brazil's President Dilma Rousseff said on Monday she has no plans to replace the chief executive officer of state-run oil firm Petrobras, saying there was no evidence that senior management was involved in a graft scandal at the company. Speaking at a...