Fishery poaching is wiping out shoreline stocks and pushing poor fishermen from some countries toward piracy.» Read More
BRASILIA, Sept 23- President Dilma Rousseff has regained the edge in Brazil's presidential race after weeks of aggressive campaigning against environmentalist Marina Silva, who has lost ground among voters in the campaign's homestretch, polls showed on Tuesday.
Sept 24- For other related diaries, please. NEW YORK- India Investment Forum. Indian Finance Minister Arun Jaitley and Finance Secretary Arvind Mayaram to attend.
Grupo Aval SA expects to finance around $5.4 billion of the $17 billion the government must raise to pay for the upgrade of 8,000 km of roads in the next five years, Luis Carlos Sarmiento Gutierrez, its president told Reuters after an IPO worth $1.26 billion in New York.
NEW YORK, Sept 23- Argentina is expected to deliver a US $200 m coupon payment in the next week on its restructured Par bonds, but frustrated investors still have little chance of getting their hands on the money.
Sept 23- Colombian banking group Grupo Aval SA raised $1.26 billion, more than expected, from its initial public offering in New York on Tuesday, and plans to use the funds to bolster its banks' capital. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.
SAO PAULO, Sept 23- Grupo Oi SA, Brazil's most indebted telecom company, backed out of a key auction for fourth-generation cell spectrum on Tuesday, adding to speculation of an upcoming takeover in a highly competitive wireless market.
Sept 23- Colombian banking group Grupo Aval SA raised $1.1 billion after its U.S. initial public offering was priced at $13.50 per American Depositary Share. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.
BUENOS AIRES, Sept 22- Argentine President Cristina Fernandez met on Monday with Argentina bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest default.
NEW YORK, Sept 22- Citigroup Inc plans to ask a U.S. judge to put on hold an order barring it from processing payments on $8.4 billion in bonds issued under Argentine law following the country's record 2002 default, court documents showed.
BUENOS AIRES, Sept 22- Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said.
GEORGETOWN, Guyana— Guyana's environment ministry says the country saw less deforestation in 2013 thanks to a decrease in gold mining activity. Gold mining commonly requires companies to clear forests. Guyana already has lost $20 million of that funding because of increased deforestation in 2012..
BRASILIA/ SAO PAULO, Sept 19- Brazil's financial markets have rallied on the prospect of environmentalist Marina Silva unseating President Dilma Rousseff in next month's election, but political donations show plenty of companies may be wary of a new administration.
RIO DE JANEIRO, Sept 18- Brazil's state-run oil company, Petroleo Brasileiro SA, will sign a contract to build and lease a floating production ship for its giant Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on Thursday.
BUENOS AIRES, Argentina— Argentina's congress on Thursday approved a law that lets the government intervene in setting prices and profits in an attempt to tackle one of the hemisphere's worst inflation rates.
CARACAS, Venezuela— A popular cartoonist said she lost her job over her representation of the late Hugo Chavez's iconic signature as a flat-lined heartbeat to dramatize Venezuela's health care crisis. More recently however, as Venezuela's economic crisis has deepened, medical supplies and medicines have disappeared, putting lives at risk.
RIO DE JANEIRO, Sept 17- Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource. She spoke at an oil industry event in Rio de Janeiro.
BUENOS AIRES, Argentina— The value of Argentina's peso has hit its lowest level ever on the black market. That's far cheaper than the official exchange rate, which closed at 8.4 pesos per dollar.
CARACAS, Sept 17- Venezuelan bonds tumbled on Wednesday following a ratings downgrade by Standard& Poor's that cited concerns about inflation, recession and deteriorating capacity to pay. The OPEC nation's benchmark Global 27 bond fell 3.83 percent in price to bid 70.855 with a yield of 14.234.
BUENOS AIRES, Sept 16- Argentina called in the United States' top diplomat in the country on Tuesday to express its "deep indignation" over a local newspaper interview in which he made reference the South American country's latest debt default.
SAO PAULO, Sept 16- Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.