What We’re Reading — 4 Aug 2016

Nothing but blue skies for Hainan as they drop $50m for 1/4 of Azul.
China's Hainan Airlines buys stake in Brazil's Azul (Times of India)

Just in time for the Olympics.
Brazil Senate Panel Recommends Impeach, Remove Rousseff (WSJ)

Mexicans developing 40 projects in Cuba on opening.
Aprovechan mexicanas apertura de Cuba (Reforma)

Old owners of Ipiranga getting back into the fuels game.
Brazil's Gouvea family says plans bid for Petrobras fuels unit (Reuters)

Amazingly, sale of Brazil unit didn’t solve it’s problems.
HSBC second-quarter profit slides 45% (FT)

"Rebalancing" is a tactful way to say "get out of Venezuela."
The evolving role of China in Africa and Latin America (Economist Intelligence Unit)

Brazilian women's soccer team continues to overshadow men, and makes the front page.
Brasil estreia com vitória na Olimpíada (Globo) 

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