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  • Brazil: Google fined in Petrobras probe Monday, 15 Dec 2014 | 1:34 PM ET

    SAO PAULO— A Brazilian court says it has fined Google around $200,000 for refusing to intercept emails needed in a corruption investigation at state-run oil company Petrobras. The federal court in the southern state of Parana said in a statement Monday that Google eventually did share the emails with Brazilian police several months ago but had to pay the fine...

  • Vinicius and Tom named 2016 Olympics mascots Monday, 15 Dec 2014 | 11:26 AM ET

    RIO DE JANEIRO— The mascot for the 2016 Olympics in Rio de Janeiro has been named Vinicius, and the Paralympics mascot will go by the name of Tom. The names honor Brazilian musicians and partners Vinicius de Moraes and Tom Jobim. Vinicius is a yellow cat-like creature that represents Brazil's fauna, and Tom is a bushy-headed figure reminiscent of the country's...

  • The prosecutors said Nestor Cervero, the former head of Petrobras' distribution subsidiary, as well as lobbyist Fernando Soares and Julio Camargo of local contractor Toyo Setal funneled $40 million of kickbacks and accepted $13 million in bribes from Korean shipbuilder Samsung Heavy Industries. Toyo Setal and Samsung Heavy Industries were not...

  • LIMA, Dec 15- U.N. climate negotiations wrapped up in Lima on Sunday with a modest agreement about the building blocks of a deal due to be agreed on in Paris in a year's time. All nations will be asked to submit plans for curbing greenhouse gas emissions, known as "Intended Nationally Determined Contributions," or INDCs, to the United Nations by an informal deadline of...

  • Under the Lima deal, governments will submit national plans for reining in greenhouse gas emissions by an informal deadline of March 31, 2015 to form the basis of a global agreement due at a summit in Paris in a year's time. The texts, breaking deadlock among weary delegates almost two days into overtime after two weeks of talks, appeased developing countries led...

  • The Lima deal lays out a wide range of options for a global deal to be reached in Paris, due in December 2015, and also lays out how each nation will submit its own plans for curbing warming in the first half of 2015..

  • At UN climate talks, a crack in rich-poor barrier Sunday, 14 Dec 2014 | 12:40 AM ET

    LIMA, Peru— A compromise deal salvaged by climate negotiators in Lima early Sunday sets the stage for a global pact in Paris next year, but a consensus could not be reached on nations submitting to a rigorous review of their plans for greenhouse gas emissions limits. In the agreement, reached more than 30 hours after talks were supposed to end, more than 190...

  • Greenpeace carbon stunt draws ire of Peruvians Saturday, 13 Dec 2014 | 4:36 PM ET

    Peruvian authorities said activists from Greenpeace damaged a patch of an ancient site when they placed a large sign that promoted renewable energy.

  • Confusion on the menu for European allergen rule Saturday, 13 Dec 2014 | 9:53 AM ET

    PARIS— A European rule requiring restaurants, bakeries and supermarkets— or anyone mass-producing meals— to list any of 14 allergens that might appear on their menus is being met with confusion. Italy and France, with their strong restaurant and cafe culture, had yet to outline how the rule approved three years ago should be put into effect. Beatrix Chiusole, a...

  • *Lima deal could point to aspirations for Paris summit in 2015. LIMA, Dec 12- About 190 nations faced a crossroads Friday on how boldly to fight global warming as United Nations talks in Lima went into overtime amid concerns that watered-down goals could undermine a U.N. climate summit in Paris next year. Emerging nations such as China and India want the Lima...

  • Newspaper: Petrobras told of corruption in 2009 Friday, 12 Dec 2014 | 5:11 PM ET

    SAO PAULO— Brazil's state-run oil company was warned five years ago of the kickback scheme that has plunged Petrobras into one of the country's worst corruption scandals, a newspaper reported Friday. The paper, Valor Economico, said it obtained documents showing that in 2009, former Petrobras executive Venina Velosa da Fonseca warned chief executive Maria...

  • LIMA, Dec 12- Latin American countries, participating in crucial global climate talks being hosted in the region this week, came under criticism for their plans to drastically increase oil production. Ecuador, Colombia and Peru all have similar plans in place. At the same time that they approved an ambitious climate change law, they reformed the energy...

  • SAO PAULO, Dec 12- Brazil's securities industry watchdog opened eight investigations into executives at state-controlled oil producer Petróleo Brasileiro SA related to a vast graft and money-laundering scheme inside the company, three sources with direct knowledge of the situation said. Rio de Janeiro- based CVM is also extending the inquiries to the...

  • BUENOS AIRES, Dec 12- Argentina's main state bank will deny credit to farmers who are holding onto soybeans as a hedge against inflation, a top official said on Friday, as the government cracks down on crop hoarding as part of a campaign to build up its dollar reserves. Argentine soy is used widely as livestock feed in Asia, fueling the region's shift toward a higher...

  • UN climate talks deadlocked over scope of pledges Friday, 12 Dec 2014 | 12:00 AM ET

    LIMA, Peru— U.N. global warming talks head into their last scheduled day Friday with rich and poor countries arguing over what kind of climate action plans they should present in the run-up to a key summit in Paris next year. How to divide the emissions cuts that many scientists say are needed to avoid dangerous levels of warming is a major sticking point in the...

  • Secretary of State John Kerry on Thursday urged countries at U.N. climate talks in Lima to move away from using fossil fuels while demonstrators gathered outside the meeting urged him to reject the Keystone oil pipeline. As Kerry delivered a 30- minute speech trying to inject momentum into difficult UN climate negotiations, environmentalists stood outside...

  • Brazil charges 35 in Petrobras scandal Thursday, 11 Dec 2014 | 2:11 PM ET

    SAO PAULO— Prosecutors investigating a sprawling kickback scheme at Brazil's state-run oil company Petrobras filed charges Thursday against 35 people, including executives from some of the nation's biggest construction firms. The formal charges cap a months-long investigation dubbed "Operation Car Wash," which is proving to be one of Brazil's biggest...

  • CARHUAZ, Peru, Dec 11- High in the Peruvian Andes, the glacier-fed lake Laguna 513 brims with meltwater atop a populated valley in a region prone to earthquakes. Peru has more tropical glaciers than any other nation but rising temperatures linked to global warming have helped shrink the ice masses by up to 40 percent, filling existing lakes to the brim and spawning...

  • BRASILIA/ SAO PAULO, Dec 11- The Brazilian government is working on a plan to help embattled state-controlled oil producer Petrobras borrow money through an offering of asset-backed securities before year end, Mines and Energy Minister Edison Lobão said on Thursday. The plan, under which the National Treasury and state-run power holding company Eletrobras...

  • SAO PAULO, Dec 11- Brazilian retailers are expecting their worst Christmas season in a decade and signs are pointing to an unhappy New Year ahead. But most consumer companies, such as cosmetics maker Natura SA and apparel chain Cia Hering, are likely to continue to struggle with weak demand. Brazil's National Confederation of Commerce estimated Christmas sales...