Latin America Caribbean

  • PORT OF SPAIN- Central Bank of Trinidad and Tobago holds its policy meeting. JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at the launch of an initiative by EOH and Radio 702 that aims "to provide solutions to South Africa's skills development challenges"- 0430 GMT. LUANDA- Bank of Angola interest rate decision- 1600 GMT.

  • LONDON, July 27- SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. Still, AB InBev's U.S.-listed shares fell 3 percent and shares of Molson Coors, which is set to take over SAB's U.S. operations, fell 5...

  • BRUSSELS/ LONDON, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday in an attempt to quash investor dissent over an offer made less attractive by a post Brexit vote fall in the pound. The change comes after a number of activist investors, such as Elliott Capital Advisors and TCI Fund Management, bought stakes in...

  • *Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It also tweaked the terms of an alternative...

  • *Share-and-cash alternative up by 88 pence. LONDON/ BRUSSELS, July 26- Anheuser-Busch InBev raised its $100 billion- plus bid for rival brewer SABMiller on Tuesday after a slide in the value of the pound following the Brexit vote made the offer less attractive for many investors, threatening to derail the deal. It has also tweaked the terms of an alternative...

  • LONDON, July 21- SABMiller's board will review its $107 billion merger deal with Anheuser Busch InBev once all regulatory approvals have been secured, its chairman said on Thursday. However, the drop in sterling since the UK voted to leave the European Union has reduced the relative appeal of the all-cash offer aimed at most of SAB's shareholders.

  • LONDON, July 21- SABMiller's board will review its $107 billion merger deal with Anheuser Busch InBev once all regulatory approvals have been secured, its chairman said on Thursday. However, the drop in sterling since the UK voted to leave the European Union has reduced the relative appeal of the all-cash offer aimed at most of SAB's shareholders.

  • July 21- French construction group Bouygues is employing more than 100 Indian laborers to work on a hotel it is building in Cuba, breaking a taboo in the Communist-run country on hiring foreign labor in order to meet increased tourism demand. For a country struggling to prop up export revenue in the face of low commodity prices, foreign workers on the Caribbean...

  • *SABMiller awaiting China preconditions before scrutinising terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • *SABMiller awaiting China preconditions before scrutinizing terms. LONDON, July 21- The chairman of SABMiller said the brewer would consider the attractiveness of a $107 billion offer by Anheuser Busch InBev after the merger had undergone the regulatory process. At the company's annual general meeting on Thursday, Chairman Jan du Plessis said the board...

  • LONDON, July 18- The Children's Investment Fund Management has taken a stake in SABMiller, the second activist to buy into the brewer in recent weeks, raising the prospect of a late push for improved takeover terms from AB InBev. The move by TCI comes ahead of SABMiller's annual meeting in London on Thursday when investors could question terms of a $100 billion-...

  • HAVANA, July 14- The director of Oxfam broke the global aid agency's longtime silence on the U.S. trade embargo on Cuba, urging the American Congress to lift it "sooner rather than later" given the island's mounting economic woes. Winnie Byanyima said in an interview in Havana that Oxfam was set to formally campaign against the embargo as part of its broader...

  • The Soviet-era refinery, a joint-venture with Venezuela, is currently running at its minimum output capacity of 50,000 bpd, said Luis Morillo, the general manager of PDVSA's Cuba division. His comments come days after Cuban President Raul Castro acknowledged that oil imports from Venezuela had fallen this year, creating further problems for the...

  • HAVANA, July 11- Cuba has opened a shop in Havana that could eventually operate as the Communist-ruled island's first wholesale store for the fledgling private sector, offering products in bulk at lower prices than in expensive retail outlets. They said the plan was for Zona+ to sell everything in bulk at a discount, catering in particular to the small businesses...

  • HAVANA, July 8- Japanese trading house Mitsubishi Corp is scouting for business opportunities in Cuba including infrastructure projects at its Mariel special development zone, a top executive said on Friday. Cuba launched the zone, centered around a new container terminal, two-and-a-half years ago in a bid to become a shipment hub and spur new industrial...

  • HAVANA, July 8- President Raul Castro told Cubans on Friday to brace for tough times because the Communist-run country must cut spending and energy supply as it deals with a cash crunch and reduced oil imports from ally Venezuela. Cuban economic growth slowed to 1 percent in the first half of this year from 4.7 percent in the same period of 2015, Castro told the...

  • HAVANA, July 8- Cuban economic growth slowed sharply to 1 percent in the first half of this year, because of lower exports and restrictions in fuel supply, Economy Minister Marino Murillo said on Friday, according to Cuban news agency Prensa Latina. While no statistics are available, revenue from the sale of professional services to oil-producing nations such as...

  • HOUSTON/ CARACAS, July 8- Venezuela's falling crude output and financial woes have left it struggling to maintain a 15- year-old oil assistance program to its closest ally, Cuba. The shift signals an unraveling of the oil diplomacy pioneered by Venezuela's late socialist leader Hugo Chavez and helps explain why Cuba, which generates electricity from fuels,...

  • HOUSTON/ CARACAS, July 8- Venezuela's falling crude output and financial woes have left it struggling to maintain a 15- year-old oil assistance program to its closest ally, Cuba. The shift signals an unraveling of the oil diplomacy pioneered by Venezuela's late socialist leader Hugo Chavez and helps explain why Cuba, which generates electricity from fuels,...

  • WASHINGTON/ NEW YORK, July 7- The United States has tentatively approved flights on eight U.S. airlines to Havana as early as this autumn, with American Airlines Group Inc receiving the largest share of the limited routes, the Transportation Department said on Thursday. The decision, about a year after the United States and Cuba re-established diplomatic...