Following the ouster of Viktor Yanukovych in Ukraine this weekend, Venezuela may be next to depose its president, analysts warned on Monday.» Read More
BOGOTA, March 5- Some arabica coffee buyers in Colombia have ripped up supply contracts with exporters, setting off a price war for high-quality beans in the first sign a 75 percent surge in prices so far this year is starting to disrupt the market, exporters say.
RIO DE JANEIRO/ BRASILIA, March 6- Brazil's central bank said on Thursday it will remain vigilant to minimize the risk of high inflation despite some moderation in price increases, signaling it may not be done raising interest rates just yet.
NEW YORK/ LONDON, March 5- Arabica coffee futures surged above $2 per lb for the first time in two years on Wednesday, on heavy investor buying as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market.
*Cocoa moves sideways, underpinned by firm demand. NEW YORK/ LONDON, March 5- Arabica coffee futures surged on heavy investor buying on Wednesday, nearing a two-year high as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market, while raw sugar jumped to a four-month high. Cocoa on ICE Futures U.S. and Liffe were firm.
CARACAS, March 5- Followers of the late Venezuelan leader Hugo Chavez took to the streets on Wednesday to mark the anniversary of his death, a sad but welcome distraction for his successor, who has faced a month of violent protests. "He changed Venezuela forever, and we cannot go back.
*Adidas to work with Hainer on succession plan. HERZOGENAURACH, Germany March 4- Adidas has extended the contract of long-serving Chief Executive Herbert Hainer until 2017 but will work with him on a succession plan to ready the world's second-biggest sportswear company for "generation change".
CARACAS, Venezuela-- Thousands of anti-government activists marched peacefully Sunday to an upper-class Caracas district shaken by more than two weeks of unrest, trying to maintain the movement's momentum during a long holiday break.
BRASILIA, Feb 28- Brazil's consolidated primary budget surplus narrowed in January from a year ago, marking a weak start for the government's effort to boost savings and regain credibility with investors this year. "The government got off on the wrong foot with this result," said Flavio Serrano, senior economist with Espirito Santo Investment Bank in Sao Paulo.
SANTIAGO, Feb 28- Some investors are fretting over fragility in Chile's economy, dragging its currency to a multiyear low in recent weeks, but the world's top copper exporter has underlying strengths that should support it even if emerging markets face more volatility ahead.
RIO DE JANEIRO/ LONDON, Feb 28- Ukraine's hryvnia jumped as much as 10 percent on Friday on hopes of a loan from the International Monetary Fund, while the Brazilian real slid 0.5 percent after the latest budget data poured cold water on hopes that the country would halt a deterioration in its fiscal performance.
SANTIAGO, Feb 28- Unemployment in Chile rose more than expected and manufacturing output slid in January, adding weight to signals that the economy of the world's top copper exporter is entering a weaker phase.
LONDON, Feb 28- Indonesia's January ban on the export of nickel ore is, according to French nickel producer Eramet, "good news and will eventually support nickel prices".
BUENOS AIRES, Feb 28- At a soup kitchen in a Buenos Aires slum, Alejandro Monzon hung his head as he stood in line and recounted how his fortunes have unraveled over the last year.
RIO DE JANEIRO/ SAO PAULO Feb 27- Vale SA, the world's largest iron ore producer, will continue reining in costs this year even as the outlook for prices and sales volumes is improving, its chief executive officer said on Thursday.
LONDON, Feb 27- High-yielding dollar bonds from Venezuela, Argentina and Ukraine, once at the core of most emerging debt portfolios, are deep in the red, leaving investors scrambling for the returns they once provided.
"The issues here are incredibly important not just for Argentina but for the U.S. government and all foreign sovereigns," said Paul Clement, at a briefing on the case at the Argentine embassy in Washington, D.C..
SAO PAULO/ BRASILIA, Feb 27- Brazil's economy ended 2013 on a upbeat note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with business leaders and win re-election in October.
LIMA, Peru-- Clashes between Peruvian police and hundreds of protesters in the tourist region of Cuzco have left at least five people injured.
SAO PAULO, Feb 27- Brazil's economy ended 2013 on a positive note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with investors and win reelection in October.
SAO DESIDERIO, Brazil, Feb 27- Brazilian farmers are battling a voracious caterpillar that likely arrived from Asia, challenging the agricultural superpower's widely touted mastery of tropical farming just as it is on the verge of becoming the world's top soybean producer.