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Latin America Caribbean

  • LONDON, April 21- Supply concerns helped copper to inch higher on Friday but the metal was still on track for a third week of losses due to fund selling earlier in the week on fears political instability could hurt global growth. *RIO TINTO: Rio on Thursday cut full-year copper production guidance to 500,000-550,000 tonnes from up to 665,000 tonnes due to a strike...

  • LONDON, April 21- Supply concerns helped copper higher on Friday but the metal was still on track for a third week of losses due to fund selling earlier in the week on fears political instability could hurt global growth. Stocks in warehouses monitored by the Shanghai Futures Exchange declined 11.5 percent to 240,191 tonnes from a week ago.

  • LONDON, April 21- Supply concerns helped copper higher on Friday but the metal was still on track for a third week of losses due to fund selling earlier in the week on fears political instability could hurt global growth. Stocks in warehouses monitored by the Shanghai Futures Exchange declined 11.5 percent to 240,191 tonnes from a week ago.

  • Tensions are rising around Grasberg, the world's second-biggest copper mine, after operator Freeport laid off thousands of workers there to stem losses from an ongoing dispute with the Indonesian government over mining rights. While Freeport is expecting to soon seal agreements with Jakarta to allow it to temporarily resume copper concentrate exports...

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    See what International Living ranks as this year's top 5 easiest places to move abroad for retirement or just for a change of pace.

  • VP Pence visits Indonesia next week on Asian tour. *Indonesia questions Trump policies on immigration, trade. JAKARTA, April 13- Washington has billed Vice President Mike Pence's visit to Indonesia next week as a booster for the Strategic Partnership between the world's second- and third-largest democracies, but a raft of bilateral tensions could sap the...

  • *Korea tensions, lack of Trump spending plans weigh. LONDON, April 12- Copper slid to three-month lows on Wednesday as a tentative recovery in broader financial markets lost steam, with geopolitical tensions and fading hopes of a boost to U.S. demand putting pressure on prices. The metal slipped this week along with other cyclical assets as concerns over North...

  • *Korea tensions, lack of Trump spending plans weigh. LONDON, April 12- Copper eased to one-month lows on Wednesday, shrugging off a tentative recovery in broader financial markets as geopolitical tensions and fading hopes for a boost to U.S. demand pressured prices. The metal slipped this week along with other cyclical assets as concerns over North Korea and the...

  • *Korea tensions, lack of Trump spending plans weigh. LONDON, April 12- Copper eased to two-week lows on Wednesday, shrugging off a tentative recovery in the broader financial markets as geopolitical tensions and fading hopes for a boost to U.S. demand pressured prices. The metal slipped this week along with other cyclical assets as concerns over North Korea and...

  • HAVANA, April 7- When they are not tending to international affairs, diplomats based in Havana can be found these days stewing in interminable queues at gas stations and concocting ways to increase the octane in fuel as Cuba's premium gasoline shortage takes its toll. But it is for the embassies that use modern cars whose engines could be damaged by the fuel at...

  • CIRO REDONDO, Cuba, March 31- Cuba, battling a chronic energy deficit, has all the sunshine, wind and sugar to fuel what should be a booming renewables sector- if only it could find the money. Turning Cuba's renewables potential into reality has become a state priority over the past year since crisis-stricken ally Venezuela slashed subsidized oil shipments to Cuba...

  • HAVANA, March 30- Cuba will stop selling premium grade gasoline except to tourists starting Saturday due to a fuel crunch affecting Venezuela, its oil-rich ally and key trading partner. Cuba has become increasingly reliant on Venezuela for refined oil products, even as the latter wrestles with shortages of those products at home. Cuba cannot easily replace...

  • MELBOURNE, March 22- London copper dropped with other commodities on Wednesday as investors shunned risk on doubts over the economic agenda of U.S. Concerns that the U.S. would not push through corporate tax cuts as promised before the election pulled down stocks in Asia, with the negative sentiment spilling into metals, said analyst Daniel Morgan of UBS in...

  • March 17- British Airways owner IAG said it will launch a new low-cost, long-haul airline with flights from Barcelona to the Americas, in response to rising budget competition on transatlantic routes. IAG's new airline, Level, will start in June with flights from Barcelona to Los Angeles, San Francisco, Buenos Aires and Punta Cana, it said in a statement on Friday.

  • CARACAS, March 14- The head of the Organization of American States on Tuesday said that crisis-wrought Venezuela should be suspended from the regional diplomatic body if it does not hold general elections "as quickly as possible." Luis Almagro, secretary general of the OAS and a former foreign minister of Uruguay, stressed that elections are key to allowing...

  • CARACAS, March 14- The head of the Organization of American States on Tuesday said that crisis-wrought Venezuela should be suspended from the regional diplomatic body if it does not hold general elections "as quickly as possible." Luis Almagro, secretary general of the OAS and a former foreign minister of Uruguay, stressed that elections are key to allowing...

  • SECOND DAY OF TALKS BETWEEN UNION AND FREEPORT ENDS WITH NO AGREEMENT, WORKERS TO CALL FOR REGION-WIDE PROTESTS.

  • VIENNA, March 14- Vienna, Austria's grand capital on the Danube river, has topped consulting firm Mercer's list of cities offering the highest quality of life for the eighth year in a row, while Baghdad is again considered the worst place to live. Global centres London, Paris, Tokyo and New York City did not even make the top 30, lagging behind most big German,...

  • HAVANA, March 9- Cuba said on Thursday it had approved five new business proposals for its Mariel special development zone, bringing the total so far to 24 projects from 11 countries, worth $966 million in investment. Ultimately, cash-strapped Cuba hopes to replace imports with goods manufactured in the zone around Mariel Bay, just west of Havana.

  • HAVANA, March 8- Swiss firm Nestle is close to reaching a deal with Cuba on forming a new joint venture to build a $50 million to $60 million factory to produce coffee, biscuits and cooking products, company Vice President Laurent Freixe said on Tuesday in Havana. Cuba has upped its drive to attract foreign funds in a bid to stimulate the economy in recent years,...