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Dilma Rousseff denies using Petrobras funds to cover personal expenses

Rousseff is likely to seek reparations in the court for defamatory accusations made against her.

Corruption scandal throws Brazil`s interim government into disarray

Corruption scandal throws Brazil`s interim government into disarray

Planning Minister Romero Juca said in a hurried appearance before television cameras that he would step aside from Tuesday. 

Brazil's Dilma Rousseff knew about bribery scheme, senator says

A senator accused of involvement in Brazil`s biggest corruption scandal said President Dilma Rousseff and her predecessor Lula were both aware of it and tried to block prosecutors from investigating, Veja magazine said on Saturday.

Brazil Supreme Court judge suspends Lula's appointment

Brazil Supreme Court judge suspends Lula's appointment

A Brazilian Supreme Court judge blocked ex-president Luiz Inacio Lula da Silva from becoming presidential chief of staff and sent the corruption case against him back to criminal court.

Brazil's Lula sworn in over protests as Rousseff faces impeachment

Former Brazilian President Luiz Inacio Lula da Silva was sworn in as chief of staff to his successor Dilma Rousseff on Thursday as a judge sought to block his appointment and Congress began proceedings to impeach her in a deepening political crisis.

Brazil`s Rousseff hit by explosive new accusations

Cabinet ministers can only be tried before the Supreme Court in Brazil.

Brazil`s Lula on verge of joining government: sources

Brazil`s ex-president Luiz Inacio Lula da Silva is about to join the government of his embattled protege Dilma Rousseff, administration sources said Tuesday, as both seek to save their political lives.

Brazilian builder ​Andrade Gutierrez to admit 2014 World Cup bribes: Folha paper

Brazilian builder ​Andrade Gutierrez to admit 2014 World Cup bribes: Folha paper

 Brazilian builder Andrade Gutierrez will confess to paying bribes for 2014 FIFA World Cup contracts and business with state-run companies Petrobras and Eletrobras, a newspaper report said on Friday.

Police raid targets son of Brazil's ex-president Lula

Brazilian police today raided the offices of a company belonging to a son of former president Luiz Inacio Lula da Silva as part of an investigation into tax fraud.

Brazil high court: Lula can be questioned in Petrobras probe

Brazil's top court issued its ruling late Friday, after being petitioned last month by police to interrogate Lula, who governed the country from 2003 to 2010.

Petrobras board approves sale of 25% of fuel unit, two oppose

Petrobras, as the company is known, wants to sell $15.1 billion of assets by the end of 2016 to help reduce its $132 billion of debt, the largest of any oil company.

Thousands of women march in support of Brazil`s Rousseff

 Thousands of women rallied Wednesday in support of President Dilma Rousseff, whose poll numbers have plummeted amid a national scandal involving state oil company Petrobras.

Petrobras net profit falls nearly 90% in Q2

The company attributed the sharp drop in net income -- a figure that was far lower than analysts had expected -- to an increase in tax expenses.

Petrobras net profit falls nearly 90% in Q2

Brazil`s state-run oil giant Petrobras, rocked by a massive graft scandal, said Thursday that second-quarter net income fell nearly 90 percent from a year ago, in part due to plummeting crude prices.

Brazil police target politicians in new Petrobras raids

Brazilian police probing the giant Petrobras corruption scandal launched raids Tuesday against several politicians, including former president Fernando Collor de Mello, reportedly seizing a Ferrari and other luxury cars from his home.

Petrobras scandal touches Brazil's business elite

Brazilian police began another phase in the investigation of massive corruption at state oil company Petrobras, arresting the heads of two of the country`s most important companies.

Petrobras chooses Vale CEO Murilo Ferreira as board chair

Brazil`s state-owned oil giant Petrobras on Thursday nominated Murilo Ferreira, CEO of mining firm Vale, as its next board chair as the energy firm looks to emerge from a corruption scandal.

Petrobras takes $17 bn charge in wake of scandal, promises ''normality''

Brazilian state-run oil company Petrobras reported its biggest-ever loss on Wednesday, the result of a 50.8-billion-real ($16.8 billion) write-down in the wake of a massive corruption scandal.

Brazil`s graft-hit Petrobras reports $7.2 bn loss in 2014

Brazil`s scandal-hit state oil giant Petrobras lost $7.2 billion last year, it said Wednesday, releasing its first audited account of the damage from a massive kickbacks scheme.

Brazil`s Petrobras to release delayed earnings amid scandal

Brazilian state oil giant Petrobras, embroiled in an alleged multi-billion-dollar kickback scandal, will release long-delayed 2014 earnings results next Wednesday, the company said.