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Latin America Argentina

  • EUSTATIUS/ HOUSTON, April 18- Venezuela's state-run oil company, PDVSA, sent a tanker in October to the Caribbean with the expectation that its cargo of crude would fetch about $20 million- money the crisis-stricken nation desperately needs. Despite a longstanding alliance between Venezuela and Russia, Sovcomflot sued PDVSA in St. Maarten, a Dutch island on the...

  • *Indonesia, Argentina have both rebuffed dumping accusations. WASHINGTON/ JAKARTA, April 14- The United States said on Thursday it would start an investigation into imports of biodiesel from Indonesia and Argentina for possible dumping and subsidisation. Vice President Mike Pence, comes after some U.S. biodiesel producers last month asked their government...

  • PARIS/ SINGAPORE, April 13- Chicago soybeans rose for a second session on Thursday, extending a rebound from a one-year low as concern about rain damage to Argentine crops and potential planting delays in the United States shifted the focus from large global supplies. President Donald Trump said the currency was too strong, lent support to Chicago crop futures,...

  • CHICAGO, April 11- Iowa farmer Karl Fox is drowning in corn. From Iowa to China, years of bumper crops and low prices have overwhelmed storage capacity for basic foodstuffs. That's enough to cover demand from China for about a year.

  • CHICAGO, April 11- Iowa farmer Karl Fox is drowning in corn. From Iowa to China, years of bumper crops and low prices have overwhelmed storage capacity for basic foodstuffs. That's enough to cover demand from China for about a year.

  • BOSTON/ BUENOS AIRES, April 10- Argentinas state-run oil company YPF SA is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina, according to two people familiar with the process. Other nationally owned oil companies are interested in the assets but YPF is seen as having an edge because of its strong position in...

  • BUENOS AIRES/ TORONTO, April 7- Argentina mining officials told Barrick Gold Corp it must overhaul environmental and operating processes at its Veladero mine, following last week's cyanide solution spill, while the country's environment ministry asked for a total suspension of operations, according to statements on Friday. "We have told the company to change...

  • BUENOS AIRES, April 7- A general strike in Argentina on Thursday that brought transportation to a standstill cost the flagship carrier Aerolineas Argentinas around 120 million pesos, the company's chief executive, Mario Dell' Acqua, said on Friday. "There was no reason 1/ 8 for the strike 3/ 8," Dell'Acqua told Reuters in an interview during the World Economic Forum...

  • BRASILIA, April 7- Brazil has agreed to allow imports of Colombian vehicles and car parts without a 30 percent industrial products tax as part of a bilateral auto pact under negotiation during Mercosur trade talks with Latin America's Pacific coast countries, a Brazilian government source said on Friday. The source at the trade meeting in Buenos Aires said...

  • BUENOS AIRES/ TORONTO, April 7- Argentina mining officials told Barrick Gold it must overhaul environmental and operating processes at its Veladero mine, following last week's cyanide solution spill, while the country's environment ministry asked for a total suspension of operations, according to statements on Friday. The meeting, including Barrick...

  • BUENOS AIRES, April 7- Free-market policies adopted by Argentina over the last 16 months are working and should lead to an economic rebound, the International Monetary Fund said on Friday, calling on the country to deepen reforms as October elections approach. "While these reforms can be challenging, and take some time to bear fruit, sustained effort would...

  • BUENOS AIRES, April 7- Argentina's environmental ministry asked a federal court to totally suspend operations at Barrick Gold Corp's Veladero mine in San Juan province, according to a statement issued by the ministry on Friday, following the rupture of a pipe carrying cyanide solution last week. After the incident, the third in 18 months involving...

  • The source at the trade meeting in Buenos Aires said final details were still being worked out with Colombia, an increasingly important market for Brazilian auto exports. A section of a draft of a Mercosur-Colombia agreement prepared for signature on Friday afternoon and seen by Reuters said the Brazilian government will extend to Colombia the same...

  • The company, founded by Argentine businessmen, has invested $1.2 billion in sugar and ethanol production in neighboring Brazil, the world's top sugar producer. The system is very antiquated compared with Brazil, "said Mariano Bosch, co-founder and executive director at Adecoagro, in an interview during the World Economic Forum on Latin America in Buenos Aires.

  • BUENOS AIRES/ LONDON, April 6- Archer Daniels Midland Co is restructuring its operations in Argentina in a move that will include job losses as part of a wider shake-up at the U.S. agribusiness group, three sources familiar with the plans said this week. In the latest development, ADM late last month shuttered its Toepfer grains trading unit, which had been based...

  • BUENOS AIRES, April 6- Mexico is considering importing some tariff-free corn from Brazil or Argentina as it strives to lessen U.S. dependence, Economy Minister Ildefonso Guajardo said on Thursday.

  • BUENOS AIRES, April 6- Protesters in Argentina clashed with police during marches over government austerity measures on Thursday as labor unions challenged President Mauricio Macri in the first general strike since he took office 16 months ago. Security forces used high-powered water cannon and tear gas to control picketers who had blocked the...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls? BRASILIA, April 6- Major Latin American currencies appear more likely to hold their ground in coming months than they did in March, but they remain vulnerable to increased volatility coming from abroad, a Reuters poll showed on Thursday. President Donald Trump will not impose heavy tariffs on...

  • *reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/fx-polls? BRASILIA, April 6- Major Latin American currencies appear more likely to hold their ground in coming months than they did in March, but they remain vulnerable to increased volatility coming from abroad, a Reuters poll showed on Thursday. President Donald Trump will not impose heavy tariffs on...

  • BUENOS AIRES, April 6- Protesters in Argentina clashed with police during marches over government austerity measures on Thursday as labor unions challenged President Mauricio Macri in the first general strike since he took office 16 months ago. Security forces used high-powered water cannon and tear gas to control picketers who had blocked the...