Read the latest news from regional and global sources, presenting different voices and perspectives.

Brazil's top court rules US laws do not apply to its territory
Brazil's Supreme Court ruled on Monday that foreign legislation did not have jurisdiction in its country, after the United States used a law to sanction a judge on the court. Washington used the Magnitsky Act, a US law which provides for sanctions...

Brazil Extends Aram Block Deadline as Petrobras Confirms New Oil Finds
Brazil’s oil and gas regulator ANP has approved an 18-month extension of the exploration period for the Aram block in the Santos Basin pre-salt, pushing the deadline for Petrobras and China’s CNOOC to meet their commitments to June 30, 2029,...

Brazil's Supreme Court exempts citizens from foreign legal decisions amid spat with US
SAO PAULO (Reuters) -Brazilian Supreme Court Justice Flavio Dino ruled on Monday that Brazilian citizens cannot automatically be subject to foreign laws or decisions within the country’s territory, a move that quickly prompted blowback from the...

Elea Signs Mou With Oracle And Rio De Janeiro City Hall To Advance Data Center Project
(MENAFN- PR Newswire) The partnership represents another step toward transforming the Olympic Park into the largest data center hub in Latin America-and one of the ten largest in the world. Designed and developed by Elea, Rio AI City will...

Flipping the Script for Food Processors via Standardized Production Data Metrics
Automation is still king in 2025. In a January 2025 food survey, food manufacturing respondents were asked about capital spending allocations for 2025, and control systems took the top spot over processing and packaging machinery. These...

Brazil Orders Shut-In of Equinor's Peregrino FPSO
Norway's Equinor has shut in production in the shallow-water Peregrino oil field off the coast of Brazil after federal regulators identified several safety issues with the company's floating production, storage and offloading (FPSO) unit.

Lula Says Brazil ‘Open for Business’ at Chinese Factory Opening
Brazil’s socialist president, Luiz Inacio Lula da Silva, declared Brazil is “open for business” at the opening ceremony for a Chinese automobile plant in Sao Paulo on Friday. “Count on the Brazilian government. Whoever wants to leave, leave....

BHP sells copper assets in Brazil to CoreX for up to $465 million
SAO PAULO (Reuters) -Global miner BHP has agreed to sell copper assets in Brazil to CoreX Holding for up to $465 million, it reported alongside its earnings on Monday. BHP has entered into a binding agreement with CoreX for the sale of the...
World AFP Brazil's top court rules US laws do not apply to its territory
Brazil's Supreme Court ruled on Monday that foreign legislation did not have jurisdiction in its country, after the United States used a law to sanction a judge on the court. Washington used the Magnitsky Act, a US law which provides for sanctions...
Exit costs are entry costs: Why India needs to ease exit barriers for manufacturing firms
India’s structural transformation story is unusual (Rodrik 2016). Despite an abundance of low-skill labour, India has never experienced the kind of takeoff in low-skill, labour-intensive manufacturing seen in other countries at comparable income...

SDSU team wins international agribusiness case study competition in Brazil
BROOKINGS, S.D. — South Dakota State University brought home a championship award in the 2025 International Food and Agribusiness Management Association Global Student Case Competition, hosted in Ribeirão Preto, Brazil, in June. SDSU had two teams...

Trump’s Energy Dominance Runs Into OPEC’s Price Trap
The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives referring to it as a “price war” to the Financial Times. A prediction by the IEA of a deep oil glut is not helping, either....

Expert sees strong upside for this ASX 200 mining stock after major production setback
Investors in diversified mining business South32 Ltd (ASX: S32) have endured a tough stretch in recent times. The company's shares have dipped by 20% over the past six months, falling from $3.66 per share in February to $2.93 apiece at the time of...

Subsidise poultry feed to meet annual national production demand - Government urged
Baffour Kwadwo Damoah Afari, Sanaahene (sub-chief) of Dormaa Traditional Area in the Bono Region, has called on the government to subsidise poultry feed for farmers to produce more and to meet the growing national poultry demand. He noted that...

CNBC Daily Open: Is the AI industry in a bubble, as OpenAI CEO says?
Sam Altman, CEO of OpenAI, and Lisa Su, CEO of Advanced Micro Devices, testify during the Senate Commerce, Science and Transportation Committee hearing titled "Winning the AI Race: Strengthening U.S. Capabilities in Computing and Innovation," in...

Aussie mining giant’s SA boon amid profit slump
Miner BHP saw its South Australian earnings grow by 23 per cent in the last financial year, driven by higher-than-average realised prices for copper, gold and silver. The group generated US$1.9 billion in FY25 from SA operations – up from US$1.6...

World Reuters Brazil's Supreme Court exempts citizens from foreign legal decisions amid spat with US
SAO PAULO (Reuters) -Brazilian Supreme Court Justice Flavio Dino ruled on Monday that Brazilian citizens cannot automatically be subject to foreign laws or decisions within the country's territory, a move that quickly prompted blowback from the...

Great Wall Motor inaugurates Brazil plant as new hub for Latin American strategy
Shanghai (Gasgoo)- In the early hours of August 16 (Beijing time), Great Wall Motor ("GWM") officially launched operations at its new plant in Brazil, according to a post on GWM's WeChat account. The milestone marks a significant advance in the...

Brazil central bank still assessing if 15% interest rate is appropriate, says official
BRASILIA (Reuters) -Brazil's central bank is still assessing whether the benchmark interest rate at 15% is appropriate to bring inflation down to its 3% target, economic policy director Diogo Guillen said on Monday. Policymakers kept rates...

From farming to mining, self-driving trucks are how humans do basic tasks
SANTA ROSA, Calif. (KGO) -- Robotaxis may be getting all the attention, but robotrucks are already carrying a heavy load of the work at mining and farming sites. In 2008, Anthony Levandowski accomplished an astonishing feat. He built the first...