Vale confident will win Brazil double tax case-CEO

RIO DE JANEIRO (Reuters) - Brazilian iron ore miner Vale is confident it will win a dispute over taxes the government claims the company owes on earnings abroad, CEO Murilo Ferreira said on Friday. The government has ordered Vale to pay 30.5 billion reais ($15.19 billion) in tax on profits from its foreign subsidiaries. The company said it already paid the taxes to foreign governments and that Brazil's claim is a form of illegal double taxation. Vale, along with other companies and industry associations, is disputing the back taxes in Brazil's highest court. ...

UN, Brazil to host Internet debate on green planet

The United Nations and the Brazilian government are launching an Internet debate around 10 themes for a green planet to elicit suggestions from experts and the public for next month's Rio+20 summit.

Booming Brazil cinema on show at Cannes

Brazilian cinema, a special guest at this year's prestigious Cannes festival, is experiencing an impressive boom with around 100 films produced every year and a higher international profile.