International Business News - SDA 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 Brazil's state-run oil company Petrobras took out a loan worth $860 million from a state bank last month, but officials said Thursday the action was routine. http://www.ibtimes.com/articles/20081127/petrobras-takes-big-loan-govt-says-no-problem.htm Thu, 27 Nov 2008 12:44:50 EST Two large Brazilian exporters on Friday confirmed huge currency-related losses as investors fled emerging markets, weakening Brazil's currency--and delivering the first big blow to Brazilian companies amid ongoing global financial turmoil. http://www.ibtimes.com/articles/20080926/brazil-exporters-hit-hard-on-currency-bets.htm Fri, 26 Sep 2008 17:15:42 EDT One of Brazil's biggest food companies says it lost a year's worth of earnings on volatility in currency markets. But officials at Sadia SA say they can cover the $406 million in losses with a short-term line of credit. No details on the credit deal were offered. http://www.ibtimes.com/articles/20080926/brazils-sadia-posts-big-loss-on-currency-market.htm Fri, 26 Sep 2008 11:03:42 EDT Shares of Brazilian companies trading on U.S. exchanges dropped Thursday after the South American country's central bank forecast a year-end inflation rate of about 6 percent, higher than originally predicted. http://www.ibtimes.com/articles/20080626/adrs-in-focus-brazil-index-dips-on-inflation-woes.htm Thu, 26 Jun 2008 14:26:14 EDT U.S.-traded shares of Perdigao SA declined on Monday after an analyst downgraded the Brazilian meat and dairy producer, saying he is concerned about the profitability of its dairy segment. http://www.ibtimes.com/articles/20080623/adrs-in-focus-perdigao-declines-after-downgrade.htm Mon, 23 Jun 2008 15:01:03 EDT Shares of U.S.-traded companies based in Latin America declined on Friday, with banks taking the biggest hit after a report showed existing home sales fell in the U.S. last month. http://www.ibtimes.com/articles/20080523/adrs-in-focus-latin-american-adrs-decline.htm Fri, 23 May 2008 15:32:55 EDT