Petrobras

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Former judge Sérgio Moro,  who convicted Luiz Inácio Lula da Silva in 2017. Lula was sentenced to nine years in jail for his part in a huge corruption scandal. Photograph:  Evaristo Sa/AFP/Getty Images

Brazil’s historic Car Wash investigation faces its first major judicial test on Tuesday, since leaks called into question the impartiality of the inve(...)

Brazilian president Jair Bolsonaro and  of military college students during a downpour as they attend a ceremony to mark Army Day, in Brasilia on Wednesday. Photograph: Sergio Lima/AFP/Getty Images

When Jair Bolsonaro was running to be president of Brazil last year he proudly boasted that he knew nothing about economics. But he managed to swing (...)

 Brazil’s then President Michel Temer gives a speech in Ciudad del Este, Paraguay, on December 21st last. Photograph:  Andres Cristaldo/EPA

Former Brazilian president Michel Temer was arrested on Thursday as part of the sprawling five-year Car Wash investigation into political corruption. (...)

Brazilian judge Sergio Moro leaves the house of president-elect Jair Bolsonaro in Rio de Janeiro after a meeting on Thursday. Photograph: Mauro Pimentel/AFP/Getty Images

Brazilian far-right president-elect Jair Bolsonaro has convinced crusading anti-graft judge Sergio Moro to become his justice minister, delighting su(...)

The Swiss financial watchdog demanded remedial steps at Credit Suisse to improve procedures, which would be monitored by a independent third party. Photograph: Reuters

Credit Suisse has been censured by the Swiss financial watchdog for failings in anti-money laundering, in the latest slapdown of a European bank over (...)

A billboard for presidential candidate Jair Bolsonaro, at Garanhuns, Brazil, taken on  August 3rd, 2018. FIle photograph: Ueslei Marcelino/Reuters

On the eve of Brazil’rs last presidential election in 2014, news suddenly started spreading online and across WhatsApp that a key informant in the Pet(...)

German carmakers received a boost on Thursday following a softening of rhetoric surrounding tariffs on trade. Photograph: Fabian Bimmer/Reuters

Signs of an easing in the trade dispute between the US and the European Union helped push European stocks higher on Thursday with gains in the car sec(...)

The intervention comes on the back of a string of high-profile accounting scandals. Photograph: iStock

A UK financial regulator has called for an inquiry into whether the big four accounting firms should be broken up, in a move aimed at ending their dom(...)

Former Brazilian president Luiz Inacio Lula da Silva: his Workers Party has vowed to launch his candidacy regardless of Wednesday’s decision.  Photograph: Fernando Bizerra Jr/EPA

Efforts by former Brazil president Luiz Inácio Lula da Silva to avoid prison and return to power were dealt a severe blow on Wednesday when an appeals(...)

Luiz Inacio Lula da Silva: Biggest vote getter for the Workers Party.   Photograph: Patricia Monteiro/Bloomberg

Brazil’s year of political uncertainty gets under way on Wednesday when an appeals court will decide whether to uphold the conviction for corruption o(...)

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