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Codelco, the world's #1 copper producer, is losing a "relevant" amount of output due to a two-day-old strike at its Radomiro Tomic open pit mine in northern Chile, the company said on Sunday, branding the work stoppage illegal.
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He's headed to Brazil and Chile with his wife and more than 50 members of the business, tourism and academic communities, as well as two Philadelphia Regional Port Authority officials. Also traveling are two of Corbett's secretaries, the chairmen of the Public Utility Commission and Liquor Control Board, 11 aides and three Pennsylvania State Police troopers.
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*Cargill, JBS, Maple Leaf Foods, Olymel biggest Canada packers. MOSCOW, April 5- Russia plans to ban meat imports from most Canadian and Mexican suppliers from April 8 over concerns about the use of the feed additive ractopamine, Russia's veterinary and phytosanitary service said on Friday.
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SEOUL- North Korea has placed two of its intermediate range missiles on mobile launchers and hidden them on the east coast of the country in a move that could threaten Japan or U.S.
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The Saudi's investment in a Texas refinery's expansion is meant to ensure that it will retain an important market for its crude in the United States at a time when American politicians intend to wean the country off imported oil, The New York Times reports.
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*CME sounds out Chile as location for copper warehouses. LONDON/ NEW YORK, April 5- U.S. exchange operator CME Group is sounding out Chile as the location for a network of warehouses as its copper contract takes market share from the London Metal Exchange, sources familiar with the matter said.
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LA PLATA, Argentina-- Argentine police and soldiers searched house to house, in creeks and culverts and even in trees for bodies on Thursday after floods killed at least 57 people in the province and city of Buenos Aires.
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WASHINGTON-- The U.S. trade deficit likely widened in February for a second consecutive month, reflecting a rising foreign oil bill. The Commerce Department will release the report at 8:30 a.m. EDT Friday. In January, the deficit increased by a sharp 16.5 percent to $44.4 billion, as U.S. exports fell, reflecting declines in sales to Europe, China, Japan and Brazil.
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SEOUL/ NEW DELHI, April 5- Asian policymakers braced for a flood of capital unleashed by the Bank of Japan's huge monetary stimulus, but some conceded on Friday the impact on global money flows and currencies might prove to be a necessary side-effect to get the region's No.2 economy growing.
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*Facebook takes battle for ad revenue, user times to Google. *Facebook's shares climb, Google's fall.
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*Technical support seen near 85- to 86- cent range- broker. NEW YORK, April 4- ICE cotton fell on Thursday, as weekly U.S. government export data were not seen as strong enough to boost prices and losses across commodities markets weighed. The most-active May cotton contract on ICE Futures U.S. fell 0.89 cent, or 1 percent, to settle at 88.33 cents per pound.
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LONDON, April 4- The International Energy Agency will invite China and other emerging economies to take part in key strategic talks, sources in the IEA said, in a bid to strengthen ties with non-members whose share in global oil demand has rapidly grown.
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*Boeing sold 220 jets or 209 after cancellations. *Airbus delivers 144 aircraft, Boeing 137 in Q1. PARIS/ NEW YORK, April 4- Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet, the 787 Dreamliner, data from both companies showed on Thursday.
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HOUSTON-- Energy company Harvest Natural Resources Inc. says it will need to restate some financial results published between 2010 and 2012..
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LONDON, April 4- Rio Tinto has hired investment bank Macquarie to sell its majority stake in the Northparkes copper mine in Australia, a source familiar with the matter said, adding to a growing list of planned divestments.
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WASHINGTON, April 4- The president of the U.S. Export-Import Bank on Thursday defended his agency in face of attacks by conservative Republicans who want to close it and a new complaint by Delta Air Lines Inc that the bank's support for Boeing gives foreign airlines an unfair advantage.
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LONDON, April 4- Copper inched up on Thursday but was still hovering around its lowest level in eight months on concerns about high inventories and weak global demand, especially in top metals consumer China. Benchmark copper on the London Metal Exchange was trading at $7,405 by 1502 GMT, slightly up from Wednesday's close at $7,386.50.
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SAO PAULO, April 4- She's one of the world's most popular presidents with an approval rating that is the envy of her peers in richer countries struggling with debt crises and political deadlock- 79 percent and rising. And yet, it's entirely possible that Dilma Rousseff could fail to win re-election as president of Brazil in October 2014.
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SAO PAULO, April 4- Automobile production in Brazil rose slightly in March but sales continued to lag compared with a year earlier, underscoring a fragile market that prompted the government to extend tax breaks on car and truck sales through the end of the year.
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*Sugar aided by potential for rising inflation in Far East. Cocoa prices were lower, weakened partly by origin selling while arabica coffee futures also fell. May raw sugar futures rose 0.13 cent or 0.7 percent to 17.63 cents a lb by 1403 GMT.
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NEW YORK, April 4- The U.S. national weather forecaster reiterated on Thursday its forecast that the much-feared El Niño phenomenon is unlikely to affect the Northern Hemisphere weather into the summer months.