*BRAZIL: PAULO RABELLO CASTRO IS RATIFIED AS PSC'S PRESIDENTIAL CANDIDATE

*BRAZIL: INFLATION DECELERATES AND SHOULD NOT IMPACT INTEREST RATE DECISION

*BRAZIL: RETAILERS INCREASE SALES IN JULY AFTER TRUCKER STRIKE IMPACT

*TIM: BOARD APPROVES R$ 240 MILLION DISBURSEMENT IN INTEREST ON EQUITY

*TIM: CEMIG TELECOM PURCHASE SHOULD DEPEND ON PRICE, STRATEGY