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John Rodgerson defends potential tie-up with rival Gol despite concerns about competition and ticket pricing

UK fund manager M&G to inject $50mn through its sustainability focused Catalyst business

The country is unrivalled as a talent factory, but its clubs are barely known overseas. International investors hope a new league could change that

Government says country’s leader is recovering well in São Paulo hospital

Government borrowing costs reach record high with markets sceptical on package to shore up public finances

Leftwing administration promises fiscal containment measures in effort to calm financial markets

The leader has come under fierce criticism for his failure to commemorate the dark period

Hard-right former president faces charges of plotting coup against Lula and could spend rest of life in jail

Hard-right populist denies claims he sought to prevent leftwing rival Lula taking office

President Lula has sought to maintain ties with the US, China and Russia. But even before the re-election of Donald Trump, that diplomatic space was shrinking