Reuters Asia

Brazil’s BRF seeking China’s approval during govt mission to resume exports -sources

By Nayara Figueiredo SAO PAULO (Reuters) – Brazilian food processor BRF will seek China’s approval to resume chicken and pork exports from two of its plants during a Brazilian government mission to the Asian country, two sources close to the matter told Reuters on Friday. The Brazilian government expects new approvals for Brazilian meatpacking plants …

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China and Brazil look to set up green investment fund, say Lula aides

By Lisandra Paraguassu and Anthony Boadle BRASILIA (Reuters) – Brazil and China are in talks to create a fund for financing the development of green industry and renewable energy in both countries, two senior Brazilian officials told Reuters. The proposal could be announced during President Luiz Inacio Lula da Silva’s visit to Beijing next week, …

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Oil settles down on worries over European banks, U.S. crude reserve

By Laura Sanicola (Reuters) -Oil prices settled lower on Friday as European banking shares fell and after U.S. Energy Secretary Jennifer Granholm said refilling the country’s Strategic Petroleum Reserve (SPR) may take several years, dampening demand prospects. Brent crude settled down 92 cents, or 1.2%, to $74.99. West Texas Intermediate U.S. crude futures fell 70 …

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Canada, US must be united against ‘assertive China’ -PM Trudeau

OTTAWA (Reuters) – The United States and Canada must together build a North American market on everything from semiconductors to solar panel batteries, in the face of growing competition, including from an “increasingly assertive China,” Prime Minister Justin Trudeau said on Friday. Trudeau, speaking in the Canadian parliament ahead of a speech by U.S. President …

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Lula to seek Chinese semiconductor technology, investment in Beijing

By Lisandra Paraguassu BRASILIA (Reuters) – Brazil will seek Chinese technology and investment to develop a semiconductor industry in the South American country despite U.S. attempts to discourage association with China in this area, a senior presidential adviser told Reuters. Semiconductors will be a priority on President Luiz Inacio Lula da Silva’s visit to China …

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