brazil

State-owned China Merchants Port agrees to buy controlling stake in TCP, operator of Brazil's second largest port, as Beijing extends its influence to another debt-laden country.

Bank of Communications agrees to buy 80% of Banco BBM in an all-cash deal, coinciding with Li Keqiang’s visit to Brazil.

Deutsche Bank, Goldman Sachs, UBS and PwC have each had a crack at predicting the country they expect to lift the World Cup trophy on July 13.

CCB’s first purchase outside of Greater China illustrates the cautious strategy of Chinese banks as they expand overseas. CCB’s acquisition of Brazil’s BicBanco was years in the making, took advantage of a slowdown in Brazil’s economy and was reasonably priced.

Morgan Stanley’s global macro and emerging-market equity chief Ruchir Sharma says investors must avoid the big Bric markets in favour of smaller markets such as Thailand.

The Singapore-listed provider of logistics properties raised $339 million to cover its share of a $1.45 billion acquisition with partners GIC, CIC and the Canada Pension Plan Investment Board.

The IMF slashes its global growth forecasts, setting a tone for the IMF-World Bank 2012 annual meetings in Tokyo this week.

State Grid Corporation of China pays $530 million to Spain's Actividades de Construcción y Servicios for Brazilian power lines.

A consortium of Chinese buyers shells out $1.95 billion for a 15% stake in a Brazilian niobium producer, as China's quest to secure supplies of key natural resources continues.