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(...)

Luiz Inacio Lula da Silva is still Brazil’s most popular politician, despite his conviction and six separate pending corruption trials. Photograph: Evaristo Asevaristo/AFP/Getty Images

Brazil’s Supreme Court early on Thursday rejected former president Luiz Inacio Lula da Silva’s plea to avoid prison while he appeals a corruption conv(...)

Former Brazilian president Luiz Inacio Lula da Silva File photograph: Paulo Fonseca/EPA

Former Brazilian leader Luiz Inacio Lula da Silva was convicted on corruption charges on Wednesday in the first of five trials he faces. He was sente(...)

Demonstrators against the impeachment of Brazil’s president Dilma Rousseff shout slogans during clashes with the police in Brasilia, Brazil, May 11th, 2016.  Photograph: Paulo Whitaker/Reuters

Brazil’s senate voted on Thursday to put leftist president Dilma Rousseff on trial in a historic decision brought on by a deep recession and a corrup(...)

A file photograph  of then Brazilian president Luiz Inacio Lula da Silva posing with his hands full of oil on October 28th, 2010, as he takes part in a Petrobras publicity event. Photograph: Marcelo Sayao/EPA

Brazil’s former president Luiz Inacio Lula da Silva was briefly detained for questioning on Friday in a federal investigation of a vast corruption sc(...)

Petroleo Brasileiro SA (Petrobras): the state-controlled oil producer was at the centre of a corruption investigation. Photograph: Dado Galdieri/Bloomberg

Petrobras chairman Murilo Ferreira is taking a leave of absence less than five months after he was appointed to help the Brazilian government-con(...)

Alexandre Tombini, president of the central bank of Brazil. Photograph: Andrew Harrer/Bloomberg

Brazil is considering selling as much as $2 billion in overseas debt in its first issuance since a corruption scandal all but shut off the country fro(...)

Virgin America president David Cush in the New York Stock Exchange yesterday before the company’s shares’ first day of trading. Photograph: Michael Loccisano/Getty Images

European stocks were little changed as slides in healthcare and commodity stocks offset gains in media companies.Eurostat, the EU’s official number c(...)

A Brazil soccer fan cries as he watches his team during a live telecast of the semi-finals World Cup soccer match between Brazil and Germany on Tuesday. Market experts say the defeat may put Brazilian markets under pressure. Photograph: Leo Correa/AP Photo

Conventional wisdom has been that a Brazil loss at home in the World Cup would be a positive for the country’s financial markets. A defeat, the argume(...)

German airline Lufthansa slid the most since September 2001 after lowering operating-profit estimates for this year and next. Photograph: Jasper Juinen/Bloomberg

European stocks fell from a six-year high as companies including Deutsche Lufthansa and Vallourec cut their profit forecasts. German airline Luftha(...)

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