A monster offshore oil discovery could help Brazil join the ranks of the world’s major exporters, but full-scale extraction is unlikely until 2013 and will be very expensive. The…

Brazil descended again into air chaos on Wednesday after the nation’s number-one airline cancelled dozens of flights to and from the country’s busiest airport, causing a ripple…

Trade ministers from 21 developing nations will try to find ways to restart talks on a global trade treaty during a weekend gathering of the Group of 20 (G20) in Rio de Janeiro.…