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Vale Said to Hire Citigroup, Scotiabank for Oil Assets Sale Bloomberg The Rio de Janeiro-based company's stakes in the oil fields, located both within Brazil and offshore, may be worth as much as $1 billion, said one of the people, who asked not to be identified because the negotiations are private. and more »

Fitch Places Taesa's Ratings on Watch Negative CNBC.com RIO DE JANEIRO, May 18, 2012 (BUSINESS WIRE) -- Fitch Ratings has placed the following ratings for Transmissora Alianca de Energia Eletrica SA (Taesa) on Rating Watch Negative: --Foreign and local currency Issuer Default Ratings (IDR) of 'BBB'; ... and more »

Petrobras Gains Most Since 2010 on Crude Exports: Rio Mover BusinessWeek Petrobras, as the Rio de Janeiro-based company is known, gained 4.5 percent to 19.32 reais at 10:39 am in Sao Paulo. Earlier the stock climbed as much as 6 percent, the biggest intraday gain since Oct. 26, 2010. Oil exports rose 20 percent from a year ... and more »

BRIC Stocks Head for Bear Market as Growth Woes Deepen BusinessWeek Brazil also entered bear market, as its benchmark gauge fell for an eighth day, the longest losing streak in more than 10 years, extending its decline since its recent high on March 13 to 21 percent. Rio de Janeiro-based LLX lost 7.5 percent to 2.48 ... and more »

Brazil Fast Food Announces First Quarter 2012 Results MarketWatch (press release) RIO DE JANEIRO, May 17, 2012 (BUSINESS WIRE) -- Brazil Fast Food Corp. (OBB:BOBS) ("Brazil Fast Food", or the "the Company"), the second largest fast-food restaurant chain in Brazil with 891 points of sale, operating under (i) the Bob's brand, ... and more »

Brazil billionaire's CCX to list on S.Paulo bourse Reuters * CCX listing to split coal mining away from JV * To become fifth EBX company on Sao Paulo exchange * Colombia coal project has 20 years worth of reserves By Sabrina Lorenzi RIO DE JANEIRO, May 15 (Reuters) - Brazilian billionaire Eike Batista's ... and more »

Brazil billionaire's CCX to list on S.Paulo bourse Creamer Media's Mining Weekly RIO DE JANEIRO – Brazilian billionaire Eike Batista's conglomerate, EBX, will list its Colombian coal mining offshoot, known as CCX, on the Sao Paulo stock exchange on May 25, the head of the newly founded company said on Tuesday. and more »

Colombia's Ecopetrol Tops Petrobras As Biggest Latin Company -Study Wall Street Journal By Jeff Fick and Dan Molinski Of DOW JONES NEWSWIRES RIO DE JANEIRO (Dow Jones)--Colombian national oil company Ecopetrol (EC, ECOPETROL.BO, ECP.T) is now Latin America's biggest company by market value, passing Brazil's Petroleo Brasileiro SA (PBR, ... and more »

Vale Said to Hire Citigroup, Scotiabank for Oil Assets Sale San Francisco Chronicle The Rio de Janeiro-based company's oil exploration fields, located both within Brazil and offshore, may be worth as much as $1 billion, said one of the people, who asked not to be identified because the talks are private. Vale Chief Executive Officer ... and more »

All Share Services Salon A statement Wednesday from the office of President Dilma Rousseff says that the Brazilian tour operator providing accommodations during the event in Rio de Janeiro has agreed to scrap its 25 percent management fee. Also, hotels will no longer require ... and more »

TIM Participacoes S.A., Listed Company, CNPJ/MF No 02.558.115/0001-21, NIRE 33 300 276 963

RIO DE JANEIRO, BRAZIL-- - TIM Participações S.A. filed its Annual Report on Form 20-F for the year ended December 31, 2011 with the U.S. Securities and Exchange Commission .In compliance with the New ...