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☆ The New Players in Brazilian Politics? Elon Musk and Republicans.
▼ + stars: | 2024-05-07 | by ( Jack Nicas | ) www.nytimes.com time to read: 1 min

Just a few months ago, the political movement behind Brazil’s far-right former president, Jair Bolsonaro, was sputtering. Mr. Bolsonaro had been voted out of office, ruled ineligible to run in the next election and was in the cross hairs of deepening criminal investigations. But now Mr. Bolsonaro and his followers have had a sudden surge of energy and momentum — with the help of Elon Musk and the Republican Party. Over the past month, Mr. Musk and House Republicans have harshly criticized Alexandre de Moraes, a Brazilian Supreme Court justice who is leading investigations into Mr. Bolsonaro, over the judge’s moves to block more than 100 social media accounts in Brazil. Many of them belong to prominent right-wing pundits, podcasters and federal lawmakers who, in some cases, have questioned Mr. Bolsonaro’s election loss.

Persons: Jair Bolsonaro, Bolsonaro, Elon Musk, Alexandre de Moraes Organizations: Elon, Republican Party, House Republicans, Brazilian Locations: Brazil

☆ A complete timeline of Karlie Kloss and Taylor Swift's friendship
▼ + stars: | 2024-04-24 | by ( Claudia Willen | Callie Ahlgrim | ) www.businessinsider.com time to read: +40 min

Taylor Swift and Karlie Kloss became inseparable after meeting at the 2013 Victoria's Secret Fashion Show. AdvertisementThe friendship of Taylor Swift and Karlie Kloss dates back to 2013, when the musician and the supermodel met backstage at the Victoria's Secret Fashion Show. AdvertisementApril 2014: Kloss and Swift are spotted together in New York CityTaylor Swift and Karlie Kloss often spent time together in New York City. November 23, 2014: Swift brings Kloss as her date to the American Music AwardsTaylor Swift and Karlie Kloss at the 2014 AMAs. July 11, 2015: Kloss appears at another of Swift's concerts in New JerseyTaylor Swift's friends went to her concert in New Jersey.

Persons: Taylor Swift, Karlie Kloss, Kloss, —, Swift, didn't, Katy Perry, Scooter Braun, Karlie, Michael Kovac, Jamie McCarthy, Milk, Christina Tosi, Randy Brooke, we're BFFs, I'd, Raymond Hall, Kate Bosworth, Harry Josh, Charles James, Oscar de la, They're, Alo Ceballos, She's, Rolling, James Devaney, Ben Stiller, Quinlin, SoHo Taylor Swift, Jeff Kravitz, Dick Clark, Antonio de Moraes Barros Filho, WireImage Kloss, Lily Aldrige, Martha Hunt, taylor, it's, Taylor, Matty Healy, Marie Claire, Beyonce, Jay, Justin Timberlake, Sam Smith, Michael, r was, els, rais, hou, "I, ove, stor, ste, "(M, bro, K, Ma y, orr, "B, Perry, tim e, oe Jonas, maki, J ohn Shea, dow, deo, cele, Jo, hatta, lia, nce, e, hough, lor h, 2016:, Joh, Delilah, L orde, Conn, Loo, ned the photo,, y, as well, loss and Swift, Augu, rld, kee, mus, raun, cate, rau, hite, theo, abou, ody, ted in a, ike H, Derek Bl Organizations: Big, Service, Vogue, Twitter, Hollywood Life, Big Sur, daisies, Surrey, Costume, Metropolitan Museum of Art, Getty, Swift, Apple, New York Knicks, Garden, Chicago Bulls, Madison, American, New York City's, Yahoo, New, YouTube, the de, acc, Adv, ober, Wil, unc, ift, who's known Locations: Big Sur, Swift's New York, New York City, Big, Instagram, New York, Manhattan, brunching, SoHo, Madison, SoHo Taylor, June., ber

☆ Elon Musk is waging war on multiple fronts — and now Australia is in the firing line
▼ + stars: | 2024-04-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Musk has been in public spats with Brazil's Supreme Court and the Australian government this year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Musk said on Friday: "The Australian censorship commissar is demanding global content bans." Musk said on X the content had been "censored" for Australia, "pending legal appeal, and it is stored only on servers in the USA." Representatives for Musk did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Elon, Musk, —, That's, he's, Mar Mari Emmanuel, Australia's, Tanya Plibersek, Alexandre de Moraes, de Moraes, Brazil's, De Moraes, Volodymyr Zelenskyy, Zelenskyy's, Donald Trump Jr Organizations: Twitter, Brazil's, Service, Reuters, Australia's eSafety, BBC News, SpaceX, Getty, Business Locations: Sydney, Australian, Australia's, Australia, USA, Brazil, Russia, Ukraine, Crimea, Ireland, Dublin

☆ Elon Musk may have a point in his fight against Brazil, but he's not actually helping
▼ + stars: | 2024-04-10 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +7 min

Elon Musk said he would ignore the order and demanded that Brazil uphold free speech principles. Musk's voice isn't helping the country's debate on free speech, a civil liberties expert told BI. AdvertisementElon Musk is wading into a war with Brazil over orders from the country's Supreme Court to ban certain X accounts that helped spread election misinformation. However, the country's protection of free speech is not absolute, giving the federal government greater discretion to ban certain types of speech — like hate speech. And it's this type of speech that Musk is going to bat for in Brazil — speech that can have serious implications for the country.

Persons: Elon Musk, —, Elon, isn't, Musk, Alexandre de Moraes, de Moraes, De Moraes, Jair Bolsonaro, Alimonti, Bolsonaro, Donald Trump, country's, brazenly, Jack Dorsey, Charles Breyer, Musk's, Breyer Organizations: Brazilian, Court, Service, Associated Press, Electronic Frontier Foundation, Nazi, Musk, Business, X Corp, Media Matters Locations: Brazil, China, India, Turkey

☆ Brazilian President Lula indirectly calls out Elon Musk on climate crisis, further fueling tensions
▼ + stars: | 2024-04-09 | by ( Heather Law | Julia Vargas Jones | ) edition.cnn.com time to read: +3 min

New York CNN —Brazilian President Luiz Inácio Lula da Silva indirectly called out Elon Musk on the climate crisis on Tuesday, further increasing tensions between the country’s leaders and the billionaire businessman. Lula published the same comments in a post on X, the social media platform that Musk owns, further adding, “He will have to learn to live here. Lula’s comments come as tensions between Musk and Brazil steadily escalate. Brazilian Supreme Court Judge Alexandre de Moraes also announced he would open an inquiry into Musk. We are prohibited from saying which court or judge issued the order, or on what grounds,” the team wrote.

Persons: Luiz Inácio Lula da Silva, Elon Musk, Lula, Jorge Messias, Alexandre de Moraes, de Moraes, @Alexandre de Moraes, Musk, Moraes, “ brazenly, ”, Javier Milei, Jair Bolsonaro, Manuel Adorni, CNN’s Hanna Ziady, Duarte Mendonca, Ramishah Maruf Organizations: New, New York CNN, Union, Municipalities, Brazilian, Brazil ” Locations: New York, Mars, Brazil, Brazilian, Argentine, Texas, Brasilia, United States

☆ Elon Musk is taking on Brazil — but there's one country he won't dare oppose
▼ + stars: | 2024-04-09 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Read previewElon Musk's free speech clash with Brazil's government is intensifying. On Sunday, the country's Supreme Court described his defiance of an order to take down several accounts on X as a "flagrant" obstruction. The accounts are believed to be linked to digital militias that have spread fake news and threats against Brazil's supreme court during the administration of President Jair Bolsonaro, The Associated Press reported . Brazilian Supreme Court judge, Justice Alexandre de Moraes, said Musk had launched a disinformation campaign against the Supreme Court, and that he should be investigated. When it comes to potentially aggravating China, it seems that Musk's commitment to free speech may be less absolute than he claims.

Persons: —, Elon, Brazil's, Jair Bolsonaro, Alexandre de Moraes, Musk, Tesla Organizations: Service, Associated Press, Business, Supreme, Communist, The New York Times, Musk's, Monday Locations: Brazil, China, Shanghai

☆ Elon Musk just found someone else to fight with
▼ + stars: | 2024-04-08 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Read previewAnother day, another feud for Elon Musk. Musk, for his part, alleged de Moraes was betraying the Brazilian Constitution and said he should resign or be impeached. AdvertisementOn Saturday, X's Global Government Affairs account confirmed it had been forced to block "certain popular accounts in Brazil" — and Musk personally called out de Moraes. But that same day, Musk said X would not block the accounts in question. Related storiesOn Sunday, Musk added that he would share all of de Moraes' demands publicly and encouraged users to download a virtual private network.

Persons: —, Elon Musk, Alexandre de Moraes, de Moraes, De Moraes, Brazil's, Jair Bolsonaro, Musk Organizations: Service, Business, Associated Press, X's Global Government Affairs, AP, X Global Government Affairs Locations: Brazil, India, Turkey

☆ Clash with Elon Musk prompts calls for social media controls in Brazil
▼ + stars: | 2024-04-08 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

Supreme Court Justice Alexandre de Moraes announced Sunday that he would open an inquiry into the billionaire businessman who owns X. Musk suggested that Moraes was behind the ban, writing Sunday on X that the judge had “brazenly and repeatedly betrayed the constitution and people of Brazil. “As a result, we will probably lose all revenue in Brazil and have to shut down our office there. X has faced criticism for accommodating government censorship demands in the past, with Musk saying the company has no choice but to comply. For example, it blocked some X accounts in Turkey at the behest of the government ahead of the country’s elections last year, while at the same time contesting the orders in court.

Persons: London CNN —, Elon Musk, Jorge Messias, Alexandre de Moraes, ”, Orlando Silva, Suamy, Jair Bolsonaro, Musk, Moraes, “ brazenly, “, X Organizations: London CNN, Elon, Sunday, Brazil ” Locations: Brazilian, Brazil, Brasilia, United States, Turkey

Brazil's President Jair Bolsonaro and Tesla CEO Elon Musk talk during a meeting in Porto Feliz city in Sao Paulo state, Brazil May 20, 2022. Brazilian Supreme Court Justice Alexandre de Moraes initiated an investigation into tech magnate Elon Musk on Sunday, the billionaire owner and chief technology officer of social network X. A defiant Musk wrote on Saturday in response to earlier court orders: "We are lifting all restrictions. By Sunday, Musk was further provoking the Brazilian Supreme Court, calling for the resignation or impeachment of Moraes, the justice who decided on the orders. Moraes has long supported regulations to rein in harmful content and misinformation online in Brazil.

Persons: Jair Bolsonaro, Elon Musk, Alexandre de Moraes, Musk, Moraes Organizations: Tesla, Brazilian Locations: Porto Feliz, Sao Paulo state, Brazil

☆ Trump Media payday: What Truth Social executives got paid in stock and compensation
▼ + stars: | 2024-04-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +12 min

Those thresholds for the share price are well below where Trump Media stock was trading on Monday, when it closed at $37.17, down more than 8%. The filing disclosed that Trump Media awarded company stock to Nunes, chief financial officer Phillip Juhan, and chief operating officer Andrew Northwall. The three top executives, like Trump himself, are currently barred from selling any of their common stock in Trump Media for the next six months. CNBC asked a spokeswoman for Trump Media why promissory notes were used to grant stock to the executives. Legal battlesBesides Trump, the biggest shareholders in Trump Media are two corporate entities.

Persons: Dado Ruvic, Donald Trump, Devin Nunes, Trump, Kevin Murphy, Murphy, Nunes, Phillip Juhan, Andrew Northwall, Juhan, Northwall, DWAC, we've, Tom Williams, Kash Patel, Patel, Dan Scavino, Scavino, Department of Defense Kash Patel, Justin Sullivan, Sandro De Moraes, Vladimir Novachki, Scott Glabe, Novachki, Glabe, De Moraes, Eric Swider, beneficially, Renatus, Swider, Andy Litinsky, Wes Moss, Moss, Patrick Orlando, Mike Pont Organizations: Trump Media, Trump . Trump Media, Nasdaq, Corp, Trump, University of Southern, Securities and Exchange Commission, DWAC, SEC, CNBC, Partners, Northwall, Juhan, Trump Media's, U.S, Capitol, CQ, Inc, Getty, Equity, Messrs, Republican, Hudson Digital, Trump White House, Staff, Department of Defense, Digital, Renatus, ARC Global, United Atlantic Ventures, Twitter, Facebook, NBC, FilmMagic Locations: Juhan, California, Minden, Minden , Nevada, Orlando, New York City

☆ Brazil Army Colonel Arrested in Military Coup Probe on Return From US
▼ + stars: | 2024-02-11 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Lisandra ParaguassuBRASILIA (Reuters) - A Brazilian army colonel wanted by police in an investigation into am attempted coup by associates of Brazil's former far-right president was arrested on Sunday when he returned from the United States. Colonel Bernardo Correa Neto was arrested at Brasilia's airport when he arrived and put in detention at an army garrison after a custody hearing. The Federal Police on Thursday raided Bolsonaro's beach house and political party office, confiscated his passport and accused him of editing a draft decree to overturn the election result as part of an alleged plot for a military coup. Thursday's police operation included search warrants against four former ministers, three of them retired army generals, and the arrest of four former aides, including Colonel Correa Neto. The president of Bolsonaro's right-wing political party, Valdemar Costa Neto, was also arrested on Thursday when a search of his Brasilia home turned up an unregistered firearm.

Persons: Bernardo Correa Neto, Jair Bolsonaro, Luiz Inacio Lula da Silva, Bolsonaro, Lula, Donald Trump, Correa Neto, Bolsonaro's, Valdemar Costa Neto, Alexandre de Moraes, Lisandra Paraguassu, Anthony Boadle, Mark Porter Organizations: Reuters, Inter - American Defense College, Federal Police, Supreme Locations: Paraguassu BRASILIA, United States, Brasilia's, Washington, Florida, Bolsonaro's, Brasilia

☆ Brazil vs. Argentina: Historic World Cup qualifier is overshadowed by violence and chaos at the Maracanã stadium
▼ + stars: | 2023-11-22 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —Brazil suffered its first ever home World Cup qualifying defeat on Tuesday, as Argentina earned a 1-0 win on a night of violence and chaos at the iconic Maracanã stadium. However, the match was overshadowed by violence in the stands which delayed the start of the World Cup qualifier. The Inter Miami forward first led his teammates over to the stand where the fighting was taking place and pleaded with both the police and Argentina fans – some of who were seen throwing ripped out seats at the security officials – for calm. “The truth is that this group continues to achieve historic things, once again,” Messi told reporters after the match, per Reuters. Wagner Meier/Getty ImagesThere are 18 rounds in South America’s World Cup qualifying system, with the top six teams progressing to the 2026 event while the seventh-placed country will go into the FIFA play-off tournament, which will involve six countries from other continents.

Persons: Nicolas Otamendi’s, Lionel Messi, –, Aston, Emi Martinez, Ricardo Moraes, Messi, “, ”, ” Messi, Lionel Scaloni, ” Scaolini, “ It’s, Fernando Diniz, Wagner Meier, CNN’s Duarte Mendonça Organizations: CNN, The Inter Miami, Aston Villa, Brazilian Football Confederation, FIFA –, CONMEBOL, CBF, RJ Military Police, Argentine, didn’t, Reuters, Argentina, Fluminense, Copa Libertadores, FIFA Locations: Argentina, Brazil

☆ Violent clashes mar Brazil v Argentina World Cup qualifier
▼ + stars: | 2023-11-22 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

[1/4] Soccer Football - World Cup - South American Qualifiers - Brazil v Argentina - Estadio Maracana, Rio de Janeiro, Brazil - November 21, 2023 Fans clash with security staff in the stands causing a delay to the start of the match REUTERS/Ricardo Moraes Acquire Licensing RightsRIO DE JANEIRO, Nov 21 (Reuters) - The start of the World Cup qualifier between Brazil and Argentina was delayed by half an hour after violent clashes between police and visiting fans at Maracana Stadium on Tuesday. Some Argentina fans responded by ripping up and throwing seats at the officers as nearby fans panicked and came onto the pitch to escape the fighting. One Argentina fan lay prone on the pitch with a bloodied face before being taken from the stadium on a stretcher. On Tuesday, the Argentina players eventually returned once the police had corralled the visiting fans in a pen and the match started after a lengthy delay. It was a third straight defeat for five-times World Cup winners Brazil, who had midfielder Joelinton sent off 18 minutes from time.

Persons: Ricardo Moraes, Lionel Messi, Messi, Nicolas Otamendi, Joelinton, Fernando Kallas, Nick Mulvenney, Stephen Coates Organizations: Soccer, Estadio Maracana, REUTERS, DE, Maracana, Argentina, Libertadores, Argentina's Boca Juniors, Brazil's Fluminense, Copa Libertadores, Brazil, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO

☆ Soccer clashes, Taylor Swift fan death tarnish Rio de Janeiro ahead of G20
▼ + stars: | 2023-11-22 | by ( Gabriel Stargardter | ) www.reuters.com time to read: +4 min

TV images showed Rio state cops beating Argentina fans with truncheons as chairs rained down upon them. On Wednesday, the Brazilian Football Confederation (CBF) and Rio's state military police traded blame over arrangements for the mixed seating section of Brazil and Argentina fans where the trouble erupted. Rio's policing of high-profile soccer matches was already under scrutiny after the Copa Libertadores final this month. In October, three doctors enjoying a late-night beer along one of Rio's beaches were brutally murdered after being confused for rival gangsters. A few days later, militias set fire to dozens of Rio buses after police killed one of their bosses in an operation.

Persons: Ricardo Moraes, Taylor, Nilton Santos, Daniel Scioli, Luiz Inacio Lula da Silva, Gabriel Stargardter, Aurora Ellis Organizations: Soccer, Estadio Maracana, REUTERS, DE, Police, year's, Olympic Games, Nilton, Argentina, Brazilian Football Confederation, CBF, Copa Libertadores, Boca Juniors, Fluminense, Thomson Locations: Brazil, Argentina, Rio de Janeiro, DE JANEIRO, Maracana, Rio, Copacabana, India, Rio's

[1/2] A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. Lula told Prates that Petrobras should commission 25 ships to be built in Brazilian shipyards, instead of the four currently planned. When asked for comment, Petrobras referred Reuters to a Nov. 8 statement, in which it said it is still finalizing its investment plan. Last week, Reuters reported that Petrobras' plan will include around $100 billion in investments that the firm is both analyzing and those it has already committed to. In the previous 2023-2027 plan, Petrobras projected $78 billion in investments.

Persons: Sergio Moraes, Luiz Inacio Lula da Silva, Jean Paul Prates, Prates, Lula, Brazil's, Sabrina Valle, Lisandra Paraguassu, Rodrigo Viga Gaier, Marta Nogueira, Fabio Teixeira, Roberto Samora, Gabriel Stargardter, Marguerita Choy Organizations: REUTERS, HOUSTON, RIO DE, Petrobras, PETR4, Reuters, Thomson Locations: Rio de Janeiro, Brazil, BRASILIA, RIO, RIO DE JANEIRO, Brasilia, Mato Grosso, Sul, Petrobras

☆ Petrobras' five-year plan could include around $100 billion in projects - source
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +1 min

A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 10 (Reuters) - Brazil's state-run oil company Petrobras' upcoming five-year business plan will include around $100 billion in investments the firm is both analyzing and those it has already committed to, a source familiar with the matter told Reuters on Friday. The plan for the 2024-2028 period will be finalized over the next few weeks, with publication expected at the end of this month, the source said. In the previous 2023-2027 period, Petrobras projected $78 billion in investments. The figures are still being approved and could change, the source said, with pitched projects including renewable energy investments.

Persons: Sergio Moraes, Marta Nogueira, Steven Grattan, Kylie Madry Organizations: REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, Petrobras, Reuters, Thomson Locations: Rio de Janeiro, Brazil, RIO DE JANEIRO

☆ Brazil's Petrobras lifts 2023 forecast for oil and gas output
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo Moraes Acquire Licensing RightsCompanies Petroleo Brasileiro SA Petrobras FollowRIO DE JANEIRO, Nov 9 (Reuters) - Brazil's state-run oil company Petrobras (PETR4.SA) raised its projection for oil and gas production this year, after posting a 41.5% decrease in third-quarter profit on Thursday. Latin America's top oil producer posted a recurring net profit of 27.2 billion reais ($5.51 billion), while analysts polled by LSEG had expected 28.74 billion reais. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the period shrank 27.6% to 66.19 billion reais ($13.41 billion). Petrobras also said it will pay shareholders 1.344365 reais per share, totaling 17.5 billion reais in dividends.

Persons: Ricardo Moraes, LSEG, Fabio Teixeira, Chris Reese, Lincoln Organizations: Petrobras, REUTERS, Petroleo Brasileiro SA Petrobras, RIO DE, PETR4, Thomson Locations: Brazil's, Rio de Janeiro, Brazil, RIO DE JANEIRO, Brent, Santos, Campos

☆ Web Summit CEO resigns after recent comments on Israeli conflict
▼ + stars: | 2023-10-21 | by ( ) www.reuters.com time to read: 1 min

Web Summit's CEO Paddy Cosgrave talks on a stage during the opening of the Web Summit technology conference, in Rio de Janeiro Brazil May 1, 2023. REUTERS/Ricardo Moraes/File photo Acquire Licensing RightsOct 21 (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Saturday resigned after comments he made on the Israeli-Hamas conflict prompted some technology companies and investors to withdraw plans to attend its conference in Portugal next month. "Unfortunately, my personal comments have become a distraction from the event, and our team, our sponsors, our startups and the people who attend," Cosgrave said in a statement. Reporting by Maria Ponnezhath in BengaluruOur Standards: The Thomson Reuters Trust Principles.

Persons: Paddy Cosgrave, Ricardo Moraes, Cosgrave, Maria Ponnezhath Organizations: Rio de Janeiro Brazil, REUTERS, Thomson Locations: Rio de Janeiro, Portugal, Bengaluru

☆ Top Wall Street analysts expect these dividend stocks to boost portfolio returns
▼ + stars: | 2023-10-08 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

The company's dividend hike of 3.4% last year marked the 40th consecutive year of annual dividend growth. Mizuho analyst Nitin Kumar reiterated a buy rating on Exxon with a price target of $139 after attending the company's Product Solutions Spotlight event. Calling CTRA his top pick, Kumar reiterated a buy rating on the stock with a price target of $42. (See BIP Stock Chart on TipRanks)American Electric PowerAnother RBC Capital analyst, Shelby Tucker, is bullish on utility stock American Electric Power (AEP). Recently, Tucker lowered the price target for AEP to $90 from $103 to reflect a high interest environment but reiterated a buy rating.

Persons: Sergio Moraes, Wall, Mizuho, Nitin Kumar, Kumar, TipRanks, Marcellus Shale, Robert Kwan, Kwan, Shelby Tucker, Charles E, Tucker Organizations: AEP BIP, Exxon Mobil Corp, Oil, Gas Expo, Exxon Mobil First, Exxon Mobil, Exxon, Coterra Energy, CTRA, Brookfield Infrastructure Partners, Brookfield Infrastructure, RBC Capital, Power, American Electric Power, AEP, 453rd, Darden Locations: Rio de Janeiro, Brazil, Baytown, Singapore, Anadarko, TipRanks, Brookfield

☆ Bolsonaro floated Brazil coup with military officers after election, aide says: reports
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

Brazil's former President Jair Bolsonaro talks with media upon his arrival at Brasilia International Airport, Brazil June 30, 2023. REUTERS/Ueslei Marcelino/File Photo Acquire Licensing RightsSept 21 (Reuters) - A close aide to Jair Bolsonaro told police the former Brazilian president and senior military officers met last year to discuss a military intervention to overturn the result of the election after he lost, newspaper O Globo and news website UOL reported on Thursday. According to Thursday's reports, which did not cite their sources, Cid allegedly told police that Bolsonaro sounded out commanders of the armed forces about a draft decree to overturn the election. Lawyers for Cid and Bolsonaro did not immediately respond to requests for comment on the reports. Bolsonaro is accused of forging an election denial movement that culminated with the Jan. 8 storming of government buildings in Brasilia by thousands of his supporters.

Persons: Jair Bolsonaro, Ueslei Marcelino, UOL, Bolsonaro's, Mauro Cid, Cid, Bolsonaro, Alexandre de Moraes, Brad Haynes, Mark Porter Organizations: Brasilia International, REUTERS, Globo, Federal Police, Police, Cid, Supreme, Sao Paulo, Thomson Locations: Brazil, Brasilia

☆ Exxon working on direct air capture of CO2, stays out of EV charging stations
▼ + stars: | 2023-09-19 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

Direct air capture involves extracting carbon directly from the atmosphere. The technology could be developed on the back of Exxon's carbon capture and storage (CCS) business which will also involve trapping emissions underground, Crocker said. Exxon last year extended a joint research agreement with DAC developer Global Thermostat, intended to accelerate development of the technology for full-scale deployment. DAC "would link very closely to our CCS business where we are going to have large geologic storage and the capability to capture CO2," Crocker said. Limiting its own emissions and CCS take up the majority of the $17 billion allocated for Exxon's Low Carbon business through 2022-2027.

Persons: Sergio Moraes, Matthew Crocker, Crocker, Sabrina Valle, David Gregorio Our Organizations: Exxon Mobil Corp, Oil, Gas Expo, REUTERS, Rights, Exxon, United Nations, Global, Occidental, CCS, Exxon's, Deloitte, Thomson Locations: Rio de Janeiro, Brazil, Rights CALGARY , Alberta, Houston

☆ Nestle buys majority stake in Brazilian premium chocolate maker
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsZURICH, Sept 7 (Reuters) - Nestle (NESN.S) is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday. Grupo CRM operates a direct-to-consumer model, with more than 1,000 chocolate boutiques under the Kopenhagen and Brasil Cacau brands and a strong, growing online presence, Nestle said. The executive has been with the company for 25 years and has built up and significantly expanded Grupo CRM, which currently only operates in Brazil. In June, Brazilian competition regulator Cade approved Nestle's acquisition of Chocolates Garoto more than 20 years after it was first announced. Among the conditions for the approval, the company agreed not to make any acquisitions that account for at least 5% of the Brazilian chocolate market for five years.

Persons: Arnd, Nestle, Valor Economico, Renata Moraes Vichi, Laurent Freixe, Cade, John Revill, Friederike Heine, Janane Organizations: Nestle, REUTERS, Rights, Grupo CRM, Brasil, Advent International, Valor, Grupo, Thomson Locations: Konolfingen, Switzerland, Swiss, Brazil

☆ Exclusive: Brazil's Petrobras plans China subsidiary in push to boost ties, CEO says
▼ + stars: | 2023-08-31 | by ( Marta Nogueira | ) www.reuters.com time to read: +2 min

Prates said Petrobras aims to open the Chinese subsidiary next year, after getting formal approval. "It's important to them," Prates said in a phone interview during a business trip to China. "It is an interesting signal, saying that in the same way that we have a Petrobras America, we will have a Petrobras China, because both countries are equally important to us," he added. Prates said Petrobras China subsidiary would allow Petrobras to operate and participate in projects as partner even in other countries, including in Africa. Petrobras wants to increase its share of China's oil imports to 15% from the current 5% in the next 10 to 20 years, Prates said.

Persons: Sergio Moraes, Jean Paul Prates, Jair Bolsonaro, Prates, Luiz Inacio Lula da Silva, Lula, didn't, Marta Nogueira, Gabriel Araujo, Brad Haynes, David Gregorio Our Organizations: Petroleo Brasileiro S.A, REUTERS, DE, Petrobras, PETR4, Reuters, Petrobras America, White House, HK, CITIC, China Development Bank, Bank of China, Thomson Locations: Rio de Janeiro, Brazil, DE JANEIRO, SA, China, Petrobras China, United States, Beijing, Africa

☆ Bolsonaro stays silent in police probe of undeclared Saudi, Bahrain jewelry gifts
▼ + stars: | 2023-08-31 | by ( Ricardo Brito | ) www.reuters.com time to read: +3 min

[1/3] Brazil's former President Jair Bolsonaro and his wife, Michelle Bolsonaro, attend a Partido Liberal Mulher event at the Legislative Assembly of the state of Sao Paulo, in Sao Paulo, Brazil, May 6, 2023. After the presidential gifts became a matter of public knowledge, a court ordered the couple to hand them over to the state. His presidential offices, the Supreme Court and Congress were invaded and vandalized by Bolsonaro supporters one week later. Bolsonaro and Michelle Bolsonaro spent the last two days preparing with their team of lawyers and advisers, officials in his political party said. Cid, who handled the Bolsonaro finances, was arrested for his suspected involvement in a scheme to provide Bolsonaro with false vaccine cards during the COVID-19 pandemic.

Persons: Jair Bolsonaro, Michelle Bolsonaro, Carla Carniel, Michelle, Mauro Cid, Bolsonaro, Prosecutors, Alexandre de Moraes, Luiz Inacio Lula da Silva, Cid, Ricardo Brito, Anthony Boadle, Grant McCool Organizations: Partido Liberal, Legislative, REUTERS, Rights, Federal Police, Supreme, Thomson Locations: Sao Paulo, Brazil, Rights BRASILIA, Brasilia, Guarulhos, Saudi Arabia, Bahrain, United States

Brazil's former President Jair Bolsonaro talks with media upon his arrival at Brasilia International Airport, Brazil June 30, 2023. A congressional inquiry surrounding those riots, along with police investigations overseen by the Supreme Court, have steadily deepened Bolsonaro's legal exposure since he begrudgingly left office. The Supreme Court declined to comment. The police access to the Bolsonaros' phone and bank records capped a day of setbacks for the former president. Later on Thursday, news magazine Veja reported that Bolsonaro's former right-hand man Mauro Cid planned to confess his involvement in crimes related to the alleged sale of jewelry gifted by foreign governments.

Persons: Jair Bolsonaro, Ueslei Marcelino, mulled, Bolsonaro, Luiz Inacio Lula da Silva, begrudgingly, Justive Alexandre de Moraes, Michelle Bolsonaro, It's, Walter Delgatti, Mauro Cid, Cezar Bitencourt, Bitencourt, Veja's, Paulo, Cid, Ricardo Brito, Anthony Boadle, Gabriel Stargardter, Brad Haynes, David Gregorio Our Organizations: Brasilia International, REUTERS, Rights, Supreme, Defense Ministry, Estado, Estado de S, Thomson Locations: Brazil, Rights BRASILIA, Brazilia, Estado de

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