Latin America Caribbean

  • LIMA, Nov 16- Freeport-McMoRan Inc said on Wednesday it had completed the $2.65 billion sale of its stake in the Democratic Republic of Congo's Tenke mine, as chief executive Richard Adkerson said in an interview that he hopes negotiations will resolve the state miner's opposition to the deal. Freeport, the world's largest publicly-listed copper producer,...

  • PARIS, Nov 9- French spirits group Pernod Ricard said on Wednesday Donald Trump's victory in the U.S. election will not change its investment plans in the United States, its biggest market. Pernod Ricard makes 17 percent of its sales in the United States, where it benefits from a growing taste for higher-priced spirits at a time of more sluggish growth in China.

  • HAVANA, Nov 8- Canadian Prime Minister Justin Trudeau will visit Cuba next week to strengthen ties and boost trade, four decades after his father made a historic visit to the Communist-ruled island and struck up a friendship with revolutionary leader Fidel Castro. Pierre Trudeau's trip was controversial in view of the Cold War enmity between Cuba and the...

  • *Some investors doubt Henri de Castries wants chairman role. LONDON, Nov 7- Some major shareholders in HSBC want the bank to give greater reassurance on succession-planning for its chairman and chief executive, concerned that a timetable for replacing veterans Douglas Flint and Stuart Gulliver may be slipping. They also said they felt that it was looking less...

  • *Some investors doubt Henri de Castries wants chairman role. LONDON, Nov 7- Some major shareholders in HSBC want the bank to give greater reassurance on succession-planning for its chairman and chief executive, concerned that a timetable for replacing veterans Douglas Flint and Stuart Gulliver may be slipping. They also said they felt it was looking less...

  • HAVANA, Nov 4- Communist-ruled Cuba and global consumer products company Unilever Plc on Friday started work on their new $35 million soap and toothpaste factory, a joint venture in the Mariel special development zone west of Havana. The factory, due to begin production in 2018, reflects a surge of investor interest in Cuba since President Raul Castro took over...

  • HAVANA, Nov 2- Red tape and slow approvals from Washington and Havana make it hard for U.S. companies to do business in Cuba despite a detente between the U.S. and Cuban governments, according to American executives in Havana for an annual trade fair this week. A U.S. hotel, cruise ships and commercial flights have appeared in Cuba for the first time in more than 50...

  • Oct 28- Mondelez International Inc said on Friday it is recalling certain batches of two varieties of Oreo Fudge Cremes sold in the United States as their ingredient lists do not mention milk allergen. The recall of the mint-flavored and' original' Oreo Fudge Cremes was the result of an analysis conducted by the U.S. Food and Drug Administration, Mondelez Global...

  • Oct 28- Growing financial troubles for Venezuela's PDVSA have started to snarl its logistics and operations in the Caribbean, where unpaid bills have frustrated suppliers and business partners. The vessel, which has been unable to discharge 520,000 barrels of fuel oil from Isla refinery, has been anchored in the Caribbean sea for more than a month.

  • HOUSTON, Oct 28- Unpaid debts and broken promises are making Venezuelan oil giant PDVSA an outcast in several Caribbean countries where it had been a guest of honor. Business partners in the island nations of Curacao, Bonaire, Jamaica and the Bahamas are turning away from the firm as debts pile up to tugboat operators, ship brokers, maritime agencies and terminal...

  • UNITED NATIONS, Oct 26- The United States on Wednesday abstained for the first time from a United Nations General Assembly vote on a resolution calling for an end to a U.S. economic embargo on Cuba, after opposing such measures every year for 24 years. Communist-run Cuba and the United States, former Cold War foes, began normalizing relations in 2014.

  • LONDON, Oct 25- The British government gave Heathrow the green light on Tuesday to build a third runway, which will be the first new full-length runway since the 1940 s in southeast England, the economic engine of Britain. A majority of lawmakers back expanding Heathrow, according to a poll of 150 MPs carried out by ComRes for Heathrow in August, but the project has...

  • HAVANA, Oct 19- Havana's city government temporarily suspended issuing licenses for new private restaurants from September onwards while it ensured existing ones were operating legally, a senior official said on Wednesday, confirming an earlier Reuters report. The tougher line could hurt Havana's food offerings during the upcoming tourism season and is a...

  • HAVANA, Oct 17- Havana's city government has temporarily suspended issuing licenses for new private restaurants in the city and warned existing ones to obey tough regulations, according to several owners of the businesses popular with foreign tourists. The tougher line could put a crimp in Havana's food offering during the upcoming tourism season when both...

  • WASHINGTON/ HAVANA, Oct 14- Americans traveling to Cuba will be allowed to bring home more of the communist-ruled island's coveted cigars and rum under new measures announced by the U.S. government on Friday to further ease trade, travel and financial restrictions that have been in place for decades. Cuba welcomed the steps, part of President Barack Obama's...

  • WASHINGTON, Oct 14- Americans traveling to Cuba will be allowed to bring home more of the communist-ruled island's coveted cigars and rum under new measures announced by the U.S. government on Friday to further ease trade, travel and financial restrictions that have been in place for decades. The steps are part of President Barack Obama's effort to make his...

  • WASHINGTON, Oct 14- Americans traveling to Cuba will be allowed to bring home more of the communist-ruled island's coveted cigars and rum under new measures announced by the U.S. government on Friday to further ease trade, travel and financial restrictions that have been in place for decades. The steps are part of President Barack Obama's effort to make his...

  • CHANTAL, Haiti/ PORT-AU-PRINCE Oct 7- Hurricane Matthew's trail of destruction in Haiti stunned those emerging from the aftermath on Friday, with the number of dead soaring to 877, tens of thousands left homeless and outbreaks of cholera already claiming more lives. Information trickled in from remote areas that were cut off by the storm and it became clear...

  • CHANTAL, Haiti, Oct 7- Maria Auriviere lays on the floor of a darkened clinic, groaning against the pain of her twisted leg, yet to be treated after it was broken when Hurricane Matthew ripped into her Haitian village of Chantal three days ago, flattening homes and trees. At least 86 people died in Chantal, 20 more are missing, Mayor Jean Max Charles said, making it...

  • CHANTAL, Haiti/ PORT-AU-PRINCE Oct 7- Hurricane Matthew's trail of destruction in Haiti stunned those emerging from the aftermath on Friday, with the number of dead soaring to 842, tens of thousands homeless and outbreaks of cholera already claiming more lives. Information trickled in from remote areas that were cut off by the storm, and it became clear that at...