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Latin America Brazil

  • Chinese frontier guards rise up tires during a training on January 20, 2016 in Altay, Xinjiang Uyghur Autonomous Region of China.

    China just gave its harshest warning to India over a territorial dispute. The SCMP reports.

  • *Says recently got $300 mln unsecured loan from Morgan Stanley. LONDON, July 24- Chinese conglomerate HNA Group has pushed back against media reports that it faces mounting pressure from bankers and regulators, even as it announced a shareholding shake-up in a bid to quash concerns over its ownership. "I think we are operating our company legally, we have nothing...

  • MEXICO CITY, July 24- Mexican stocks rose to a record high, backed by forecasts for strong earnings reports this week, while yields on Brazilian interest rate futures dipped on bets the central bank will cut rates aggressively this week. But shares of Coca-Cola Femsa, the world's largest Coke bottler, fell more than 5 percent after the company said it was poised to...

  • *CEO Tan says HNA has strong r'ship with its main Wall St banks. LONDON, July 24- HNA Group CEO Adam Tan has pushed back against media reports that the Chinese aviation-to-financial services conglomerate faces mounting pressure from its bankers and regulators, even as the pace of its acquisitions slows. Tan told Reuters in a wide-ranging interview on Monday that...

  • SAO PAULO, July 23- A trading firm owned by Agriculture Minister Blairo Maggi's family has been the biggest winner from Brazil's corn subsidies this year, underscoring the tensions between the billionaire farm magnate's political responsibilities and his investments. Traders say Brazil's centre-right government raised eyebrows with a decision to start...

  • When the (empty) apartment next door is owned by an oligarch

    Russian oligarchs, Brazilian bank accounts and Chinese businessmen can be traced back to some troubles in the housing market, according to the New York Times.

  • SAO PAULO, July 20- Canada's Brookfield Asset Management Inc is in talks with Odebrecht SA to buy seven Brazilian highways operated by the conglomerate's transportation unit, two sources with knowledge of the matter said on Thursday. One of the largest is the Rota das Bandeiras, in Sao Paulo, Brazil's richest state. The conglomerate, as part of a $3.5 billion...

  • CAPE TOWN- South African Reserve Bank starts its three-day monetary policy committee meeting. JAKARTA- Indonesia Central Bank board of governors' meeting. JOHANNESBURG- South African Finance Minister Malusi Gigaba makes an address at the American Chamber of Commerce in South Africa's networking breakfast on "Working towards financial recovery in South...

  • SAO PAULO, July 19- Mexico's peso hit a new high following an improved credit outlook for the country and a Reuters report detailing an aggressive timetable for trade talks between Mexico, the United States and Canada, before shedding gains later on Wednesday. Late on Tuesday, rating agency Standard& Poor's revised Mexico's sovereign credit outlook up to "stable"...

  • RIO DE JANEIRO— Rio de Janeiro's port area may be one of the city's most inviting spots since being renovated for the Olympic Games last year. Launched in late June by the nonprofit investigative journalism agency Agencia Publica, the app called " Museum of Yesterday" offers tours of the port in Portuguese and English. The corruption tour investigates bribery...

  • RIO DE JANEIRO, July 18- Brazil's oil regulator may allow companies to apply more flexible local content rules to pre-existing exploration and production contracts, the agency chief said on Tuesday, in a bid to revive projects put on hold due to costly requirements. Decio Oddone, director of oil regulator ANP, said the agency would open a 30- day comment period on...

  • RIO DE JANEIRO, July 18- Brazil's oil regulator may allow companies to apply more flexible local content rules to pre-existing exploration and production contracts, the agency chief said on Tuesday, in a bid to revive projects put on hold by oil majors due to costly requirements. Decio Oddone, director of oil regulator ANP, said the agency would open a 30- day...

  • SAO PAULO, July 17- Construction of a power plant on the Teles Pires river in Brazil was paralyzed by protesters from the Munduruku tribe, a leader of the group told Reuters on Monday. Construction of the São Manoel hydropower plant, located near the border of Mato Grosso and Pará states, is budgeted at 3 billion reais. The plant is owned by Portugal's EDP Energias...

  • Brazilian cattle ranchers have said they believe the abscesses were linked to foot-and-mouth vaccines used in Brazil, the only country where foot-and-mouth disease can be found in cattle that can sell to the United States because it uses vaccinations. After the meeting, Brazil's Agriculture Ministry released a recording of Maggi's remarks in which he said...

  • SAO PAULO, July 17- Construction of a power plant on the Teles Pires river in Brazil was paralyzed by protesting members of the Munduruku tribe, a leader of the movement told Reuters on Monday, adding to tensions over land conflicts in South America's largest country. Construction of the São Manoel hydropower plant, located near the border of Mato Grosso and...

  • SYDNEY- Reserve Bank of Australia to release the minutes of July monetary policy meeting- 0130 GMT. SYDNEY- Alex Heath, Head of Economics Analysis Department at Reserve Bank of Australia, gives speech at the Women in Economics panel at the Australian Conference of Economists, Sydney- 0530 GMT. MELBOURNE- Assistant Governor at the Reserve Bank of Australia, Michele...

  • SAO PAULO, July 14- Brazil's government has sent Congress a bill to shrink the size of a national forest in the Amazonian state of Pará, according to a statement from the Environment Ministry on Friday, a move environmentalists said would speed deforestation of the area. The government proposed the bill as a comprise measure after local residents, who see the...

  • SAO PAULO, July 14- Brazil's government has sent Congress a bill to shrink the boundaries of a national forest in the Amazonian state of Pará, according a statement from the Environment Ministry on Friday, a move environmentalists said would speed deforestation of the area. The government proposed the bill as a comprise measure after local residents, who see...

  • SAO PAULO, July 14- Brazil's government has sent Congress a bill to shrink the boundaries of a national forest in the Amazonian state of Pará, according a statement from the Environment Ministry on Friday, a move environmentalists said would speed deforestation of the area. The government proposed the bill as a comprise measure after local residents, who see...

  • rise@ SAO PAULO, July 13- Mexico's peso currency firmed on Thursday after the central bank governor said interest rate hikes could be paused for some time, but he knocked down market speculation that there would be rate cuts before mid-2018. Banco de Mexico Governor Agustin Carstens said in an interview with Reuters that talk among private economists that rates...