Bloomberg President Dilma Rousseff promised increased spending on her party’s most popular social program and took other measures aimed at her electoral base, less than two weeks before Brazil’s Senate is expected to vote in favor of the impeachment process she calls a coup d’etat. At a rally of labour unions and Workers’ Party faithful in Sao Paulo on ...

  Bloomberg After falling for three months, the dollar is set to rebound, if this historical seasonal chart is any guide. The Bloomberg Dollar Spot Index, which tracks the greenback versus 10 peers, has appreciated in May in every year but one since 2007, according to a Bloomberg Seasonality Chart. That’s the best record among the 12 months. Analysts’ theories ...

  San Francisco / AFP US oil services companies Halliburton and Baker Hughes announced they were calling off their massive multibillion-dollar proposed merger that had met strong resistance from regulators. The deal, announced in November 2014, foresaw a $34.6 billion takeover by Halliburton of its rival, creating a powerful competitor to global industry leader Schlumberger. “Challenges in obtaining remaining regulatory approvals ...