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South America

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  • July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.

  • NEW YORK, July 24- Less than a week before Argentina could default on its sovereign bonds, the government and holdout creditors have yet to meet face-to-face despite an urgent plea from the U.S. court-appointed mediator on Thursday that they start direct talks.

  • SAO PAULO, July 24- General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy. General Motors put 940 workers at the same factory on paid leave in 2012, and the union said 598 of them were later fired.

  • NEW YORK, July 24- Representatives for holdout investors and Argentina in the country's ongoing debt default met for about three hours with a court-appointed mediator in New York on Thursday, less than a week before Argentina could once again default.

  • RIO DE JANEIRO, July 24- Brazil's Vale SA produced record amounts of iron ore in its latest second quarter, rising to the task of battling Australian rivals for market share, but weaker performance at other divisions fanned some concern ahead of results next week.

  • RIO DE JANEIRO, July 24- Brazilian miner Vale said on Thursday its iron ore output in the second quarter was a record high for the period, up 12.6 percent from a year earlier, as it ramped up production to win back market share from Australian rivals.

  • BRASILIA/ SAO PAULO, July 23- Brazil's Treasury on Wednesday sold $3.5 billion worth of a new 30- year global bond, while offering to buy back shorter-dated maturities that had been issued under costlier terms.

  • Venezuelan network Telesur expands into English Wednesday, 23 Jul 2014 | 7:39 PM ET

    CARACAS, Venezuela— The Spanish-language television network started by the late Venezuelan President Hugo Chavez as a vehicle for promoting in Latin America his leftist brand of political change will now reach audiences in English.

  • Argentina president says country will not default Wednesday, 23 Jul 2014 | 7:11 PM ET

    BUENOS AIRES, Argentina— Argentina's president said Wednesday that her country will not go into default because it has paid it has been paying debts to bondholders on time. The government is in negotiations to resolve a dispute with creditors over $1.5 billion in unpaid debts that could lead Argentina to its second default in 13 years.

  • NEW YORK/ BUENOS AIRES, July 23- Argentina will keep talking to "holdout" investors suing the country for full payment on their bonds, but its demands should not be trivialized as whims, its president said on Wednesday.

  • BRASILIA/ SAO PAULO, July 23- Brazil's Treasury launched $1 billion worth of a new 30- year benchmark global bond on Wednesday and offered to buy back costlier, shorter-dated maturities as it seeks to take advantage of a growing appetite for Brazilian assets.

  • HAVANA, July 23- Chinese President Xi Jinping ended an eight-day trip through Latin America on Wednesday with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.

  • Chinese leader signs accords, wraps up Cuba visit Wednesday, 23 Jul 2014 | 1:01 PM ET

    HAVANA— Chinese President Xi Jinping is wrapping up his visit to Cuba after signing dozens of agreements for such things as investment by Chinese firms on the island. China is Cuba's No. 2 international trade partner after Venezuela. The Chinese president began his tour of Latin America last week in Brazil, and has also visited Argentina and Venezuela.

  • SAO PAULO/ BRASILIA, July 23- Brazil's Treasury is offering on Wednesday a new 30- year global bond and buying back as many as eight shorter-dated issues, in a bid to take advantage of growing appetite for Brazilian assets and improve the country's dollar-denominated yield curve.

  • SYDNEY, July 23- Brazil's BTG Pactual has received a green light from the London Metal Exchange to set up warehousing operations in Singapore, marking the investment bank's first foray into Asia as builds out its physical metals business.

  • DIARY - Emerging Markets Economic Events to Aug 5 Tuesday, 22 Jul 2014 | 8:02 PM ET

    July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.

  • NEW YORK, July 22- A U.S. judge ordered Argentina and investors who did not participate in the country's past debt restructurings to meet "continuously" with a court-appointed mediator until a settlement is reached, warning of the threat of a new default.

  • NEW YORK, July 22- A U.S. judge overseeing Argentina's debt restructuring case on Tuesday ordered negotiators for the country and holdout investors to meet with a court-appointed mediator until a settlement is reached, as time runs short before a potential default. Argentina has been pushed to the brink of a fresh debt default by U.S. court decisions.

  • NEW YORK, July 22- A leading holdout investor in Argentina's debt battle said Tuesday that the country still has no interest in negotiations, just hours before a hearing on previous orders requiring the country pay holdout bondholders. Late Monday, Argentina asked U.S.

  • MEXICO CITY, July 21- Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance.