International Business News - BRA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Brazilian police say at least eight alleged drug traffickers were killed during a raid in a Rio de Janeiro shantytown. A Rio de Janeiro state police spokeswoman says officers were met by gunfire when they arrived at the Minha Deusa slum. http://www.ibtimes.com/articles/20080718/brazilian-police-say-8-die-in-raid-at-shantytown.htm Fri, 18 Jul 2008 18:28:06 EDT Hundreds of baby penguins swept from the icy shores of Antarctica and Patagonia are washing up dead on Rio de Janeiro's tropical beaches, rescuers and penguin experts said Friday. http://www.ibtimes.com/data/articleimgs/93823-brazil-dead-penguins.jpg http://www.ibtimes.com/articles/20080718/dead-sick-penguins-washing-up-in-brazil.htm http://www.ibtimes.com/articles/20080718/dead-sick-penguins-washing-up-in-brazil.htm Fri, 18 Jul 2008 20:20:40 EDT While the quality of play in the MLS is better than people think, David Beckham said Friday that he believes the it will take time for the U.S.-based league to catch up to some of the world's better leagues. http://www.ibtimes.com/articles/20080718/david-beckham-says-mls-is-better-than-people-think.htm Fri, 18 Jul 2008 16:02:17 EDT Brazilian offshore oil workers said they would end a five-day strike at midnight Friday without reaching an agreement with state oil company, but warned they make walk out again if the Petrobras does not make a new offer. http://www.ibtimes.com/articles/20080718/brazil-oil-rig-workers-set-to-end-strike.htm Fri, 18 Jul 2008 15:08:40 EDT Mexican media giant Televisa on Friday brushed off a surprise 8.6 percent fall in second-quarter profits as a temporary setback due to one-time expenses. http://www.ibtimes.com/articles/20080718/mexicos-televisa-blames-2q-dip-on-1-time-costs.htm Fri, 18 Jul 2008 15:00:02 EDT Shares of Freeport-McMoRan Copper & Gold Inc. rose nearly 4 percent Friday after a global iron ore producer said it has not been in negotiations to acquire the Arizona copper mining company. http://www.ibtimes.com/articles/20080718/brazilian-miner-no-interest-in-freeport-mcmoran.htm Fri, 18 Jul 2008 16:40:02 EDT Border agents have stepped up searches and hundreds of traps have been placed on the California-Mexico line in an aggressive campaign to stop a tiny bug from bringing in a disease farmers say could wipe out the $1.3 billion citrus industry here. http://www.ibtimes.com/data/articleimgs/93416-valley-citrus-panic.jpg http://www.ibtimes.com/articles/20080718/tiny-bug-threatens-california-citrus-industry.htm http://www.ibtimes.com/articles/20080718/tiny-bug-threatens-california-citrus-industry.htm Fri, 18 Jul 2008 04:54:08 EDT A look at Anheuser-Busch's sponsorship and involvement in sports: BEIJING OLYMPICS 2008: Budweiser is the official international beer sponsor of the games, and official beer sponsor of the National Olympic Teams in 25 countries; Anheuser-Busch is the exclusive alcohol and non-alcohol, malt-based beverage of the telecast on NBC, Telemundo and cable properties. http://www.ibtimes.com/articles/20080717/a-look-at-anheuser-buschs-sports-marketing.htm Thu, 17 Jul 2008 18:12:47 EDT Bulgaria has sent its remaining highly enriched uranium to Russia for safeguarding from terrorist or other potential misuse. Nearly 14 pounds of the spent fuel were received Thursday at a Russian nuclear facility, the U.S. National Nuclear Security Administration announced. A first shipment of 37.3 pounds of fresh uranium fuel was sent to Russia in December 2003. http://www.ibtimes.com/articles/20080717/bulgaria-sends-uranium-fuel-to-russia.htm Thu, 17 Jul 2008 16:19:20 EDT Quiznos plans to open new restaurants in the Middle East this year as part of a push to sell its sub sandwiches in international and emerging markets. http://www.ibtimes.com/articles/20080717/quiznos-to-open-locations-in-middle-east.htm Thu, 17 Jul 2008 15:29:37 EDT Shares of The Coca-Cola Co. fell Thursday, dragged down by a $5.3 billion write-down by its biggest bottler, of which it owns 35 percent. The stock fell $2, or 3.8 percent, to $50.34 Thursday. http://www.ibtimes.com/articles/20080717/coca-cola-co-shares-fall-after-bottler-write-down.htm Thu, 17 Jul 2008 19:32:41 EDT Mining company Vale has raised $11.5 billion to fund operations and possible expansion by selling new stock in New York, Paris and Sao Paulo. The proceeds of the sale announced Thursday by Companhia Vale do Rio Doce SA could be used to finance the miner's $59 billion investment plan. http://www.ibtimes.com/articles/20080717/vale-offering-raises-11-5-billion.htm Thu, 17 Jul 2008 12:39:22 EDT A former banker charged with masterminding one of Brazil's biggest banking scandals has arrived in Brazil following extradition from Monaco. Salvatore Cacciola denies he was ever a fugitive from justice. http://www.ibtimes.com/articles/20080717/fugitive-banker-arrives-in-brazil.htm Thu, 17 Jul 2008 12:15:02 EDT Global trade talks present a crucial test for how a new world order can handle future world challenges such as climate change and food supply, the EU's trade chief said Thursday. http://www.ibtimes.com/data/articleimgs/92996-belgium-eu-wto.jpg http://www.ibtimes.com/articles/20080717/eu-trade-pact-would-raise-economy.htm http://www.ibtimes.com/articles/20080717/eu-trade-pact-would-raise-economy.htm Thu, 17 Jul 2008 12:09:25 EDT Desmond Tutu, Kofi Annan and other members of Nelson Mandela's global crisis task force turned their attention to world hunger on Wednesday, focusing on soaring food prices. http://www.ibtimes.com/articles/20080717/mandela-group-says-food-a-fundamental-human-right.htm Thu, 17 Jul 2008 09:04:17 EDT Harley-Davidson Inc. said Thursday its second-quarter profit fell sharply as a weak economy, record-high gas prices and lower consumer confidence continued to hobble the iconic motorcycle maker's shipments and sales. http://www.ibtimes.com/data/articleimgs/92966-earns-harley-davidson.jpg http://www.ibtimes.com/articles/20080717/harley-2q-earnings-tumbles-on-fewer-shipments.htm http://www.ibtimes.com/articles/20080717/harley-2q-earnings-tumbles-on-fewer-shipments.htm Thu, 17 Jul 2008 19:11:24 EDT Drinkers of Coca-Cola can expect to pay more starting this fall after the company's biggest bottler said Thursday that it would raise prices. The issues at the bottler also hurt Coca-Cola Co.'s bottom line, since it owns about 35 percent of that business. The world's biggest beverage company said its profit fell 23 percent in the second quarter as it took a charge because of the bottler's woes. http://www.ibtimes.com/data/articleimgs/92937-coca-cola.jpg http://www.ibtimes.com/articles/20080717/coca-cola-profit-drops-percent.htm http://www.ibtimes.com/articles/20080717/coca-cola-profit-drops-percent.htm Thu, 17 Jul 2008 19:09:07 EDT Siemens AG said Thursday it won a $120 million order from Brazilian oil and gas company Petrobras to supply 10 compressors for oil refineries. The Munich-based industrial conglomerate said the large compressors will be installed in desulfurization units at eight refineries in Brazil. They will be delivered starting late next year. http://www.ibtimes.com/articles/20080717/siemens-wins-120-million-petrobras-order.htm Thu, 17 Jul 2008 06:54:25 EDT Japanese shares rose Thursday as sentiment turned upbeat on an overnight rally on Wall Street and a drop in oil prices. The benchmark Nikkei 225 index gained 127.15 points, or 1 percent, to 12,887.95. http://www.ibtimes.com/data/articleimgs/92819-japan-toyota-brazil.jpg http://www.ibtimes.com/articles/20080717/japanese-shares-rise-on-us-rally.htm http://www.ibtimes.com/articles/20080717/japanese-shares-rise-on-us-rally.htm Thu, 17 Jul 2008 05:55:20 EDT Brazil's government-run oil company Petrobras says a refinery work slowdown is not affecting production. Petrobras' statement Thursday says that a contingency plan ensures production during the slowdown at the nation's refineries, where workers are demanding a greater share of the company's profits. http://www.ibtimes.com/data/articleimgs/92732-brazil-oil-strike.jpg http://www.ibtimes.com/articles/20080717/brazil-oil-strike-negotiations-stall.htm http://www.ibtimes.com/articles/20080717/brazil-oil-strike-negotiations-stall.htm Thu, 17 Jul 2008 11:27:45 EDT