Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.» Read More
SAO PAULO, Dec 19- Inflation in Brazil accelerated in the month to mid-December to its fastest monthly rate since May 2011 on higher housing and services prices, surpassing the central bank's forecasts as it tries to stimulate economic growth.
*Vale shares down nearly 1 percent on Sao Paulo exchange. SAO PAULO, Dec 19- Brazilian mining company Vale SA agreed on Wednesday to pay 212 million Swiss francs in disputed taxes to the Swiss government, ending a long controversy over the status of its subsidiaries in the European nation.
HAMBURG/ SYDNEY, Dec 19- U.S. wheat rose on Wednesday, extending gains into a second straight session on expectations of increased export sales and hopes U.S. supplies could win part of a snap wheat purchase tender from Egypt.
Dec 19- General Mills Inc reported higher-than-expected quarterly earnings and slightly lifted its outlook on Wednesday, as a newly acquired business boosted sales. Net earnings were $541.6 million, or 82 cents per share, in the second quarter ended Nov. 25, compared with $444.8 million, or 67 cents per share, a year earlier.
Dec 19- General Mills Inc reported higher quarterly earnings on Wednesday as a newly acquired business boosted sales. Net earnings were $541.6 million, or 82 cents per share, in the second quarter ended Nov. 25, compared with $444.8 million, or 67 cents per share, a year earlier.
LONDON, Dec 19- Arabica coffee futures on ICE edged up on Wednesday although prices remained within striking distance of a 2-1/ 2 year low set last week as increasing supplies from Brazil and Central America helped to cap prices.
mission in Benghazi, Libya was grossly inadequate to deal with a Sept. 11 attack that killed a U.S. ambassador and three others because of failures within the State Department, an official inquiry found on Tuesday.
NEW YORK/ LONDON, Dec 19- Cocoa futures on Liffe dropped to a five-month low in heavy volume on Wednesday as o rigin selling and speculative long liquidation spurred fa lls bel ow key levels, while raw sugar fel l as a rebound from the lowest levels in more than two years stalled.
The source spoke just before a news conference in the United States at which YPF Chief Executive Miguel Galuccio and Chevron's head of operations for Latin America and Africa, Ali Moshiri, were due to speak.
ACCRA, Dec 19- An Argentine naval vessel detained in Ghana at the request of a hedge fund trying to force Argentina to pay up on defaulted government bonds left the West African country on Wednesday, a port official said.
*OPEC nation has world's largest crude reserves. CARACAS, Dec 19- Ten years ago when Venezuelan President Hugo Chavez's leadership was in serious doubt, the state oil company embarked on a devastating strike to force him from office, resulting in a years-long decline in production.
*Army Corps excavating Mississippi River- bottom rock. Dec 18- The U.S. Army Corp of Engineers on Tuesday began clearing rocks from a shallow stretch of the drought-hit Mississippi River- its largest such undertaking in at least 25 years- to maintain the flow of billions of dollars' worth of goods to Gulf Coast ports.
BRASILIA, Dec 18- Brazil's state-led oil company Petrobras will buy a fertilizer plant from mining giant Vale for $234 million, the companies announced on Tuesday.
WASHINGTON, Dec 18- Wal-Mart Stores may be facing sizable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the alleged misconduct.
*Army Corps excavating Mississippi river-bottom rock. Dec 18- The U.S. Army Corp of Engineers, in its largest such undertaking in at least 25 years, on Tuesday began clearing a shallow stretch of the drought-hit Mississippi River of rocks impeding the flow of billions of dollars' worth of goods to the Gulf Coast.
SAO PAULO, Dec 18- Top global beef exporter Brazil has yet to contain the spread of international fears over mad cow disease that have now spilled into a large importer of Brazilian beef: Saudi Arabia.
WASHINGTON, Dec 18- Wal-Mart Stores may be facing sizeable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the potential misconduct.
*Moody's put Petrobras on downgrade watch Monday. RIO DE JANEIRO, Dec 18- The decision on Monday by Moody's Investors Service to put Petrobras on watch for a possible debt downgrade is the latest sign that the problems at Brazil's state-led oil company are going from bad to worse.
*Record sugar output for Brazil 2013 crop expected. *Brazil farmers withhold coffee, hoping for higher prices. NEW YORK/ LONDON, Dec 18- Raw sugar on ICE finished barely changed on Tuesday after tumbling initially on a supply surplus, as the sweetener continued its bid to recover from the more-than-two-year lows in price set last week.
SAN JOSE, Costa Rica, Dec 18- Costa Rica on Tuesday nominated Trade Minister Anabel Gonzalez to run for director general of the World Trade Organization, making her the first Latin American and the second candidate to enter the race.