RIO DE JANEIRO (Reuters) - Wary of price-gouging ahead of the World Cup and Olympics later this decade, Brazil's government said on Wednesday it had convinced hoteliers in Rio de Janeiro to lower skyrocketing rates ahead of a major U.N. summit next month.

RIO DE JANEIRO May 17 (Reuters) - Chevron Corp is "unlikely" to shut its offshore Frade field in Brazil permanently and output may restart after the causes of a November spill are resolved, Petrobras, the Brazilian state-led oil company that is ...

SAO PAULO - Brazil is taking steps to lower the spiraling cost of accommodations ... of more than 60 per cent for the cost of housing at the Rio+20 conference in Rio de Janeiro, where authorities faced sharp criticism for skyrocketing hotel costs and ...

Rio de Janeiro hotel owners have agreed to cut prices during a major UN summit next month, amid fears that spiralling costs were putting off visitors. The Brazilian government said room rates should now be at least 25% lower. Some 50,000 ...

RIO DE JANEIRO, May 16 (Xinhua) -- After the sleep-inducing five-month state league season, Brazil's national Serie A competition will kick off this weekend. Much has been made about the demise of the country's once-mighty regional competitions ...

Brazil’s government, in a statement ... Delegations that have already paid will have excess charges returned, the government said. Rio, the host of the 2016 Summer Olympics, is scrambling to handle a huge influx of visitors expected to ...

Registration is now open for Rio+Social, the historic meeting of social media, technology, global development and sustainability leaders during the UN’s Rio+20 conference. Policy makers, journalists, technologists and environmentalists are now ...

Mashable is thrilled to announce that we’ll be co-hosting Rio+Social on June 19, during the historic UN Conference on Sustainable Development, Rio+20. Rio+Social, a one-day event in Rio de Janeiro, will explore how social media and technology ...

RIO DE JANEIRO -(Dow Jones)- Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Thursday that it was possible although unlikely the Frade oil field operated by U.S. oil major Chevron Corp. (CVX ...

BRASÍLIA, May 10 (Reuters) - Brazilian government officials said on Thursday they are worried about high prices and low availability of hotel rooms in Rio de Janeiro during a high-profile United Nations summit scheduled for next month.