Brazil's Supreme Court will investigate the speakers of both houses of Congress and 32 other sitting politicians in connection with a multibillion-dollar kickback scheme at state-controlled oil company Petrobras.
Workers at a General Motors Co (GM.N) car factory in Brazil ended a six-day strike on Thursday after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled Brazilian auto industry.
Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that could involve members of Congress and President Dilma Rousseff's government.
A Brazilian prosecutor sought to block a possible government leniency deal with construction and engineering companies implicated in a giant bribery and money laundering scheme at state-run oil company Petrobras, according to a document published Saturday on a Brazilian news site.
Some of the companies caught up in a massive corruption scandal at state-run oil firm Petrobras are quietly pressing Brazil's government and judiciary to strike a "grand bargain" to minimize the legal fallout, five sources with knowledge of the talks say.
Brazil's tax watchdog opened a probe on whether about a dozen people involved in the Petrobras corruption scandal also allegedly had undeclared accounts with HSBC Holdings Plc's private bank in Switzerland, two sources with knowledge of the situation said on Saturday.
Brazilians are hoarding water in their apartments, drilling homemade wells and taking other emergency measures to prepare for forced rationing that appears likely and could leave taps dry for up to five days a week because of a drought.
The new chief executive officer of Brazil's Petrobras said on Tuesday that he has full autonomy to dictate its own fuel-pricing policy and protect cash, even as he questioned the size of losses stemming from a giant corruption scandal.
Brazilian President Dilma Rousseff's popularity has plunged by nearly half since her recent re-election as a severe government corruption scandal, an economic slowdown and surging prices for electricity, gasoline and bus fares left voters feeling misled.
Brazilian federal police said on Thursday they had started questioning João Vaccari Neto, the treasurer of the country's ruling Workers' Party, as a corruption probe focused on state-run oil company Petrobras widened to include political figures.
Brazil's Congress elected a conservative as speaker of the Chamber of Deputies on Sunday in a setback for the ruling Workers' Party that split President Dilma Rousseff's coalition and will complicate her legislative agenda.
When federal investigators first identified signs of corruption at Petrobras in 2009, Dilma Rousseff insisted Brazil's state-run oil company had nothing to hide.
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.
Brazilian President Dilma Rousseff's approval rating has not suffered from a widening corruption scandal involving state-run oil company Petroleo Brasileiro SA and many Brazilians continue to trust her, a poll showed on Wednesday.
A "truth commission" investigating abuses during Brazil's 1964-85 dictatorship called for the prosecution of former military officers and some private companies for their role in human rights atrocities, in a long-awaited report on Wednesday.
Brazil's prosecutor-general Rodrigo Janot on Tuesday called for the replacement of state-controlled oil company Petrobras' top management and punishment of everyone involved in a scheme to funnel kickbacks from contracts to politicians.
Indians on the Peru-Brazil border say they continue to receive death threats from loggers after the murder of four local chiefs in a remote forest region overrun by illegal felling.
The Brazilian government will not interfere with a police investigation into suspected graft at state-run oil company Petroleo Brasileiro SA, the country's justice minister said on Saturday.
Brazil's federal police were serving 27 additional arrest warrants on Friday in a broad money-laundering investigation that has ensnared a former senior executive at oil firm Petrobras, causing it to delay releasing its results.
A Brazilian minister resigned on Tuesday and urged leftist President Dilma Rousseff to appoint an "independent" new economic team to "restore confidence and credibility" among investors, in an unusual public critique from an ally.
Despite opposition from nearly half of Brazil's voters, leftist President Dilma Rousseff won re-election on Sunday and will have another four years to try to revive growth in a once-booming economy gone stagnant.
