Indonesia has recalled its new ambassador to Brazil after the South American country postponed a ceremony sealing his appointment, Jakarta said on Saturday, amid a row over the execution of a Brazilian national for drugs trafficking.
Brazilian police said they seized seven cars, including a white Lamborghini, and $32,490 in cash, computers, watches and other items on Friday from embattled oil and mining tycoon Eike Batista, who is on trial for insider trading in Rio de Janeiro.
Opposition to Brazilian group Oi's plans to sell off Portugal's former national telecoms operator, PT Portugal, is not expected to result in the business being returned to its former owner, Portugal Telecom SGPS, even if the immediate sale is blocked this week, analysts and lawyers said.
A Brazilian police officer investigating a kick-back scheme at state-run oil company Petrobras said the total amount of money involved could exceed $28 billion, making it the country's biggest-ever money laundering probe.
