Despite the political turmoil, the Zika virus, junk bond rating of its sovereign debt and its deepest recession in a century, Brazil still stands as one of the world’s largest economies – and one of the most important trading partners for Ireland in South America.

Monaghan: Combilift has won contracts valued at €600,000 to supply four of its unique forklift trucks to Brazilian steel giant Gerdau.

Wall Street today bounced back from its sharp decline a day earlier, boosted by takeover activity ahead of second-quarter earnings reports.