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Brazil's PDG Realty jumps on offer of new capital

SAO PAULO (Reuters) - Shares of PDG Realty <PDGR3.SA>, Brazil's biggest homebuilder, jumped on Monday after a local private-equity firm offered to shore up the company's balance sheet as it confronts tighter credit and rising debt levels. Full story

Slow and steady Mexico draws equity bets over Brazil

MEXICO CITY (Reuters) - Mexican stocks are drawing investors away from Brazil as Latin America's biggest economy loses steam and Mexico's close ties to the United States render it a safer bet in unsettled times. Full story

Goldman sets $40 billion clean energy investment plan

(Reuters) - Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its economists got excited about emerging markets in 2001. Full story

Brazil's economy to grow less than expected

Brazil's finance minister is lowering the forecast for the South American country's economic growth this year, and he blames the global financial crisis. Full story

Brazil makes new tax cuts to revive economy

BRASILIA (Reuters) - Brazil's government on Monday unveiled a new round of temporary tax cuts worth about $1 billion to boost the struggling automotive sector and other industries in its latest attempt to restore a lost economic boom. Full story

How to Profit from the World's Sweet Tooth

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Exclusive: Brazil to cut electricity taxes to boost economy

Exclusive: Brazil targets Argentina with trade licenses

Exclusive: Brazil targets Argentina with new import license

Brazil economy to miss 2012 growth target: sources

Video

  Eike Batista on Foreign Capital

CNBC's Maria Bartiromo speaks to Eike Batista, EBX Group chairman and CEO, regarding Repsol's oil supply to Argentina and Brazil's commitment to business.

  Investing Billions in Brazil

CNBC's Maria Bartiromo speaks to Brazil's richest man, Eike Batista, regarding his plans to invest $50 billion in Brazil over the next 10 years. He is one of Time's "Most Influential People in 2012." Tim Seymour, EmergingMoney.com founder, also weighs ...

  Sean's Story, Part 2

After arriving in Rio de Janeiro for what was supposed to be a 2-week vacation, Sean's mother, Bruna Bianchi, calls her husband David Goldman to tell him she's never returning to New Jersey. A bitter legal battle ensues and Sean is confused, especially when he's told someone else is his new dad.

  Sean's Story, Part 3

After Sean's mom dies suddenly when he is 8-years-old, a Brazilian court finally allows his dad to visit him. But it's been four and a half years since they last saw each other, and both father and son are overcome with emotion.

  Sean's Story, Part 1

In 2004, 4-year-old Sean Goldman was abducted to Brazil by his mother, and cut off from his dad with no explanation of why. Speaking out for the first time, Sean talks about the sadness he felt after being torn away from a blissful childhood in New Jersey.

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Related Photos

Brazilian cocktail Caipirinha, a mix of ice, sugar, lime and cachaca, is displayed in a bar in Sao Paulo
Brazilian cocktail Caipirinha, a mix of ice, sugar, lime and cachaca, is displayed in a bar in Sao Paulo

Brazilian cocktail Caipirinha, a mix of ice, sugar, lime and cachaca, a spirit made from fermented sugar cane, is displayed in a bar in Sao Paulo May 28, 2012. British drinks group Diageo is buying Ypioca, a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million),

Bottles of Ypioca's cachaca, a spirit made from fermented sugar cane, are displayed in a market in Sao Paulo
Bottles of Ypioca's cachaca, a spirit made from fermented sugar cane, are displayed in a market in Sao Paulo

Bottles of Ypioca's cachaca, a spirit made from fermented sugar cane, are displayed in a market in Sao Paulo May 28, 2012. British drinks group Diageo is buying Ypioca, a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ($469 million), boosting its expansion in fast-growi

President and CEO of Itau Unibanco Holding SA Setubal speaks during the Reuters Latam Investment Summit 2012 in Sao Paulo
President and CEO of Itau Unibanco Holding SA Setubal speaks during the Reuters Latam Investment Summit 2012 in Sao Paulo

President and Chief Executive Officer of Itau Unibanco Holding SA, Roberto Setubal, gestures as he speaks during the Reuters Latam Investment Summit 2012 in Sao Paulo May 28, 2012. REUTERS/Paulo Whitaker (BRAZIL - Tags: BUSINESS)