BoE's Haldane: Too Big to Fail Is Still 'Business Unfinished'
South America
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Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.
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BRASILIA, Jan 9- Brazil looks less vulnerable today to an energy crisis similar to one in 2001 that cut output at factories, lopped about a percentage point off economic growth, and led millions of people to spend their nights by candlelight.
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CARACAS, Jan 8- Venezuelan President Hugo Chavez will miss Thursday's scheduled swearing-in ceremony for his third term due to health problems, the government said in a letter to Congress read out on Tuesday.
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Jan 8- Monsanto Co, the world's largest seed company, said on Tuesday that expansion efforts in Latin America are paying off, adding to the company's strength in the U.S. market and helping it capture surprisingly strong profits.
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SAO PAULO, Jan 8- Brazil's tax agency has in recent weeks slapped more than $3 billion in fines on leading companies which it says owe back taxes, in what some experts describe as an aggressive play for cash as the government struggles to meet its budget targets.
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*Traders wait for USDA to issue crop data on Friday. Soybean prices were pressured by expectations that Brazil's government crop agency, Conab, on Wednesday will increase its estimate for the soybean harvest, said Mike Zuzolo, president of Global Commodity Analytics& Consulting.
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BRASILIA, Jan 8- President Dilma Rousseff cut short her vacation on Tuesday to deal with a budding energy crisis that could wreck her efforts to restore vitality to Brazil's economy this year. Rousseff flew back to Brasilia on Tuesday and will sign off on steps to stem the crisis that energy officials are expected to propose on Wednesday.
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*Brazil seeks extra LNG to makes up for lost hydro. NEW YORK, Jan 8- Brazil is paying top dollar for emergency imports of liquefied natural gas, scrambling to deal with a power crisis as the worst drought in decades threatens hydro-electricity supplies in the country's northeast, regional energy traders said.
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NEW YORK, Jan 8- Phillips 66 said on Tuesday it entered a five-year commitment to ship North Dakotan crude oil by rail to its New Jersey refinery, making an estimated $1 billion bet that North American crude will remain cheap.
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*Amgen lowers 2012 EPS guidance by 10 cents. *Amgen aims to enter Japanese market. SAN FRANCISCO, Jan 8- Amgen Inc, the world's largest biotechnology company, on Tuesday lowered its outlook for 2012 earnings per share by 10 cents, citing a delay in the impact of a U.S. tax credit for research and development.
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LONDON, Jan 8- An Australian former coal miner, Anglo American's newly appointed chief executive is a far cry from the patrician Oppenheimer family who founded one of the world's largest mining groups almost a century ago.
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LONDON, Jan 8- Turkey is turning to its own coal, worried about dependence on pricier gas from Iran and Russia, after a deal with a UAE company which will boost its coal-fired power capacity by two thirds.
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*Traders wait for USDA to issue crop data on Friday. Chicago Board of Trade March soybeans slipped 1 cent, or 0.1 percent, to $13.87- 1/ 4 a bushel by 9:45 a.m. Central time.
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Jan 8- Fuel additives maker Innospec Inc is looking to buy an oilfield specialty company for less than $300 million by the end of the first quarter, its top executive said, a month after pulling out of the race to buy chemical company TPC Group Inc..
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SANTIAGO, Jan 8- Chile's consumer price index was flat in December, slightly below market expectations, as lower food and non-alcoholic beverage prices offset increases in the housing, water, electricity and gas sectors, the government said on Tuesday.
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*USDA seen raising South America soy crop outlook. "It is also some positioning before the USDA report, which will shed light on South American production, as well as give the final number on last year's U.S. output." Chicago Board of Trade March soybeans fell 2-3/ 4 cents or 0.2 percent to $13.85- 3/ 4 a bushel by 1200 GMT.
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*Has been CEO of AngloGold Ashanti since 2007.
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HONG KONG, Jan 8- China will cut prices of about 400 drugs for respiratory diseases, fever and pain by up to 20 percent from February, in a move to make medicines, including some products from Pfizer, GlaxoSmithKline and Novartis, more affordable.
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*Has been CEO of AngloGold Ashanti since 2007. LONDON/ JOHANNESBURG, Jan 8- Australian gold mining executive Mark Cutifani, a one-time trainee miner, has been appointed chief executive of Anglo American, taking on what analysts and investors say is one of the toughest jobs in the business.
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Jan 8- Monsanto Co, the world's largest seed company, raised its earnings outlook for fiscal 2013 on Tuesday and delivered surprisingly strong first-quarter results, citing growth in Latin America and early U.S. spring seed sales.
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*Eurozone investor sentiment offset by anxiety over US Fed Speculation of thinner earnings on Wall Street also weigh. NEW YORK, Jan 7- Cocoa and coffee prices surged on Monday while most other commodities were little changed after strong investor sentiment in the euro zone was offset by worries that the U.S.