Rio de Janeiro, Feb 5 - State-controlled energy giant Petrobras announced the discovery of an oil and natural gas accumulation in the Solimoes basin of Brazil's Amazon region.

The find was made during drilling of the Leste do Igarape Chibata well in Coari, a town in Amazonas state located 25 km from the so-called Urucu oil province.

Drilling reached a final depth of 3,295 meters.

Tests indicate the find has the capacity to produce 1,400 barrels per day of good-quality light oil and 45,000 cubic meters per day of natural gas, Petrobras said Friday. (IANS)

Luiz Inacio Lula da Silva, one of the most popular President of Brazil, is undergoing treatment for cancer after he was diagnosed with the disease on Saturday.

His doctor, Roberto Kalil Filho said that Lula was in good spirits during a visit to the former president’s home in São Bernardo, which is located about 55 miles from São Paulo city. “I never got the sense that he was nervous or anything. But he is a human, so of course he is afraid,” Kalil told Folha de São Paulo, leading daily from the country.

Brasilia, Oct 30 : Former Brazilian president Luiz Inacio Lula da Silva, who quit power Jan 1, has been diagnosed with throat cancer, the hospital where he will undergo treatment has said.

Lula, 66, underwent tests Saturday at Sao Paulo's Sirio-Libanes Hospital, where he was diagnosed with a tumour in his larynx, a hospital statement said.

The former president will begin chemotherapy sessions soon, it said.

One of the immediate recommendations made by doctors for Lula is to stop smoking for ever, a habit he has indulged in for decades.

Rio de Janeiro, Oct 9 - Brazilian tennis great Gustavo "Guga" Kuerten beat former rival Carlos Moya in the 2011 International Challenge, a friendly competition between the two players.

With individual set scores of 6-4, 2-6 and 6-3, Guga eased to a 2-1 set victory ovre his Spanish native Saturday.

Both are former No. 1 ranked players in the ATP Tour. They faced each other seven times in their professional careers with Guga winning four times to Moya's three, Xinhua reported.

Sao Paulo, Sep 13 : Brazilian President Dilma Rousseff said that her lymphoma, or cancer of the lymph system, is "resolved" and that she is currently in good health.

"Cancer today is a problem that is resolved when detected in time, and that is very important. If people take preventive measures, there's every chance of having it detected and treated, as happened to me," Rousseff said in television interview on the Globo television program "Fantastico".

Yesterday Central bank of Brazil moved up its standard interest rate for the first time ever since July, and indicated that it will in addition trust in administrative measures to control the development of credit to wrestle the fast moving inflation in two years.

Policy designers headed by Alexandre Tombini, presiding over his initial conference as bank chief, voted collectively yesterday to increase the Selic rate to 11.25 percent by 50 basis points, corresponding to the prediction of 49 of 51 analysts during a review made by Bloomberg.

Are you shocked or scratching your head thinking about paying $2 million for an inner wear? Well, it’s a reality and Brazilian model Adriana Lima is posing before the cameras with this expensive sexy underwear from Victoria’s Secret.

Now, how many of you are willing to create a big hole in your pocket to own this pricey possession? This Bombshell Fantasy Bra pushes up with a combination of 142 carats worth of diamonds, sapphires and topaz. This latest venture from Victoria’s Secret is much more than just being slinky skivvies.

According to authorities, the sale of firearms in Brazil has gone up by 70 per cent since 2005.

In the year 2005, Brazilian authorities had sanctioned the sale of firearms in the country in a referendum.

Around 59 million of the 92 million people who took part in the referendum backed the sales of firearms.

The state-run Controlled Products Management Directorate (DFPC) stated that 68,000 firearms got sold in the country in 2005 and the figure went up to 116,900 in the year 2009.

A new study has disclosed that venom from bee stings can be helpful in treating and even preventing arthritis.

The research group from University of Sao Paulo in Brazil discovered that bee venom can control the harmful swelling in joints that causes rheumatoid arthritis. The venom from bee is rich in molecules, which lead to an increase in natural hormones in the human body that control swelling.

According to the official reports, Brazil, the oldest nuclear power in Latin America, is poised to attain industrial autonomy in the processing of uranium in a move pursued by the military to secure the country's pre-eminent status in military and political fields.

Brazil completed enrichment on a small non-commercial scale many years ago but faced U. S. intervention in its long-standing nuclear program at every step of the way until the military leaders enlisted Germany as one of the key suppliers.

A large collection of spiders, scorpions and dead snakes were kept for research at a research center in Sao Paulo of Brazil. This was destroyed in fire.

The specimens were kept at the Butantan Institute. The curator of the Butantan Institute has said that this accident has been a great loss to science and research. He has said that about 80,000 preserved snakes and many species of spiders and scorpions were being used for the research program.

Officials have said that Brazil is positioning itself to use talks with France on a multibillion-dollar arms deal as a bargaining chip in Latin America's fight for better terms for Mercosur agricultural exports to Europe.

It has been reported that Latin America's Mercosur trading bloc, itself riven by divisions, will face European partners at the May 18 summit of Caribbean, Latin American and European countries in Madrid.

The Brazilian automotive business would make an investment if $11.2 billion by the next years (2010-12), a figure, which tops the $8.1 billion of the three previous years.

In a statement on the Internet portal Valor Online, Mr. Cledorvino Bellini, the new president of Brazil's National Automotive Vehicles Association, or Anfavea, stated, “The amount means that business proprietors believe in this country and in its automotive industry.”

Brazilian Health Minister Jose Gomes Temporao suggested that Brazilians have sex up to five times a week to put a stop to chronic health troubles such as high blood pressure, diabetes, and heart problems.

After launching hypertension prevention campaign in Brasilia, Temporao said, "Dance, have sex, keep a stable weight, do physical exercise, and above all measure your blood pressure."

According to Brazilian functionaries, the problem of high blood pressure is increasing among South Americans.

India's leading consumer durable company, Godrej Consumer Products (GCPL) is planning to purchase a Brazilian hair care firm Embelleze. Embelleze is the market leader in hair color segment in Brazil. The company has a commanding market share in the hair color market and has almost 25% of the market under its belt. The company is estimating to manage to get annual sales of Rs. 1000 crore in the current fiscal.

Authorities have informed that a Brazilian rancher accused of arranging the 2005 killing of an American nun in the Amazon region will face a retrial.

The BBC reported on Monday that Vitalmiro Bastos Moura was convicted and sentenced to 38 years in prison in a 2007 trial for the murder of Dorothy Stang, but was acquitted in a 2008 retrial.

The BBC also said that Moura was suspected of bribing a witness to change his testimony in the second trial, and a court ordered him held pending a second retrial.

The BBC further said that Moura is charged with hiring two hit men to shoot Stang, 73, in the Amazon state of Para. Both men have confessed and named Moura as the man who hired them.

Officials have said that emergency crews spent Thursday recovering bodies from another mudslide in rain-soaked Rio de Janeiro and they feared claimed 200 people's lives.

The mudslide inundated part of a slum in Niteroi, across the bay from Rio de Janeiro, late Wednesday, the BBC has reported. The British network further said that at least 50 buildings were destroyed, including a nursery for children.

At least 200 people were feared buried, Civil defense spokesman Pedro Machado told the Globo news network.

London, March 21 : Brazilian beauty Ana Beatriz Barros has been recruited as the new face of the Marks and Spencer lingerie.

Barros had featured in Sports Illustrated’s famous swimsuit issue six years ago.

“Ana is perfect. She’s sexy and exotic but approachable. We expect her to appeal to men and women alike,” the Mirror quoted an insider as saying.

In fact, the company has a brought in a fresh team of models for its springtime ad campaign.

It includes X Factor judge Dannii Minogue, singer VW Brown and TV presenter Lisa Snowdon. (ANI)

The Brazilian administration has lifted up its projection for economic development in 2010 from 5.2% to over 5.7%.

Finance Minister Guido Mantega said, "The vigour the economy had (pre-recession) was fully resumed. Growth will be better than 5.7 percent."

Mr. Guido called a 5.7% growth "sustainable" and added that Brazil will have the benefit of quality expansion thanks to raised investment and a revival of manufacturing.

Petrobras has made announcement about the discovery of oil at a block in eastern Colombia.

The statement issued by the Brazilian state-controlled energy giant stated that the discovery was made at the Balay-1 well, part of the Balay block in the central-eastern region of Casanare.

Petrobras Colombia Ltd is the operator of the block holding 45% equity stake, while the other group members include Colombia's Cepcolsa, possessing 30%; Canada's Petroamerica Oil Corp 15% and Sorgenia E&P Colombia, 10%.