GO
Loading...

South America

More

  • SAO PAULO, Feb 27- Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had no plans to end their stoppage now in its 10th day. Brazil is the world's No. 2 soy producer and a top global supplier. Silos at Paranagua, the second-largest soy export port in Brazil,...

  • SIEM REAP, Cambodia— Cambodia's most popular tourist attraction— the complex of ancient temples that includes Angkor Wat— is suffering from a form of overexposure: At least five foreign visitors have been arrested and deported this year for taking nude photos at the sacred sites. "Angkor Wat is the most famous sacred... temple in Cambodia, where everyone— not only...

  • CARACAS, Venezuela— The Venezuela newspaper started by a former guerrilla as a forum to criticize the socialist revolution started by the late President Hugo Chavez is ending its daily print edition amid a shortage of newsprint and what it says is a pattern of government harassment. Starting Sunday, Caracas- based Tal Cual will be available at newsstands only...

  • SAO PAULO, Feb 26- Brazilian truckers continued a nine-day-old strike on Thursday, unmoved by an initial government offer to meet some of their demands or by threats of hefty fines. The strike, which spread from a few road blocks on Feb. 18 in the main soybean state of Mato Grosso to 91 blockades across nine states on Thursday, has caused lines at filling stations and...

  • SAO JOSE DOS CAMPOS, Brazil, Feb 26- Workers at a General Motors Co car factory in Brazil ended a six-day strike on Thursday after the company dropped plans to lay off 800 employees, the union said, ending the latest labor standoff in the troubled Brazilian auto industry. The re-elected leadership, which also organized a strike against planemaker Embraer SA last...

  • Judge orders suspension of WhatsApp in Brazil Thursday, 26 Feb 2015 | 1:54 PM ET

    SAO PAULO— A judge says he has ordered the suspension of the globally popular instant messaging system WhatsApp across Brazil because it has allegedly failed to help in an investigation. WhatsApp does not have an office in Brazil so the judge's order was delivered to cellphone operators. WhatsApp is owned by Facebook Inc., which last year paid nearly $22...

  • Brazil's government told truckers and transport companies late on Wednesday it would extend a year of free financing for vehicles from a state development bank and help truckers and transport companies work out a framework for setting freight rates. Although the flow of trucks was normal in Brazil's richest state of Sao Paulo, which guaranteed normal...

  • Volkswagen, Embraer summoned in Brazil dictatorship probe Thursday, 26 Feb 2015 | 11:46 AM ET

    SAO PAULO, Feb 26- A "truth commission" investigating crimes during Brazil's 1964-1985 military dictatorship has summoned Germany's Volkswagen AG and five local companies to testify whether their collaboration with the regime led to rights abuses. The other companies are Brazilian aircraft maker Embraer SA, industrial firms Grupo Aliperti and Cobrasma SA,...

  • Strike ends at General Motors plant in Brazil Thursday, 26 Feb 2015 | 10:42 AM ET

    SAO JOSE DOS CAMPOS, Brazil, Feb 26- Workers at General Motors Co's Brazilian car factory ended a six-day strike on Thursday after the company agreed to drop plans to lay off 800 employees, the union said. Stoppage days will not be deducted from wages and the company vowed not to retaliate against workers who walked off the job in the longest strike GM has faced in...

  • RIO DE JANEIRO, Feb 26- Shares in Brazil's Vale SA plunged 5 percent on Thursday as the miner posted full-year net income well below analyst forecasts due to a weaker iron ore price and Brazilian currency. The halving of iron ore prices has hit the world's largest producer of the steelmaking ingredient as increased output from Australia coincided with slower...

  • RIO DE JANEIRO— Judicial officials have requested the removal of the magistrate overseeing the trial of former billionaire Eike Batista after he was caught driving a Porsche he'd ordered seized from the fallen magnate, the Federal Prosecutors' Office said. With a fortune estimated at $30 billion, Batista clocked in at No. 7 on the Forbes' billionaires list and...

  • SAO PAULO— The government and truck drivers unions have reached an agreement meant to end the weeklong protests by Brazilian truckers, but many drivers continued to block roads on Thursday, causing shortages of gasoline and other products. The Transportation Ministry said the government agreed Wednesday night to avoid fuel price increases for at least six...

  • NEW YORK, Feb 26- Argentina has suspended a planned sale of dollar-denominated bonds intended to raise at least $2 billion, two investors with direct knowledge of the deal told Thomson Reuters IFR on Thursday. District Judge Thomas Griesa had ordered Deutsche Bank and JPMorgan Chase and Co to hand over documents relevant to the Bonar 24 bond sale.

  • China loaned $8.6 billion to Brazil, $7 billion to Argentina, $5.7 billion to Venezuela and $821 million to Ecuador in 2014.. Over the past two months, the presidents of Argentina, Ecuador and Venezuela have visited Beijing seeking more Chinese investments, and left with billions of dollars in commitments. The big unknown now is how long that Chinese generosity...

  • It is still unclear whether the late night offer will satisfy the strikers, whose actions have disrupted food and fuel supplies in 10 of Brazil's 26 states. Highway operator Rota do Oeste in Brazil's top soybean state of Mato Grosso, where the strike started, said truckers are expected to maintain road blockages through the night. The truckers' strike has added to...

  • Feb 25- Soybean export premiums at the U.S. Gulf Coast were flat to weaker on Wednesday, easing in tandem with a lower CIF barge basis and pressured by seasonally slowing demand for U.S. supplies, traders said. *Soybeans were loading on at Brazil's large Santos and Paranagua ports on Wednesday after truckers had blocked access earlier this week, but access to Parana...

  • Agriculture Minister Katia Abreu said after a meeting with truckers in Brasilia on Wednesday afternoon that she was confident both sides would reach agreement. Truckers and transport companies failed to reach an agreement over freight rates by the end of the government-led talks Wednesday evening, said Blairo Maggi, a prominent senator from the leading...

  • BUENOS AIRES/ NEW YORK, Feb 25- Argentina, a pariah of the global debt market for more than a decade, believes it has an opportunity to raise debt internationally and on Wednesday begun marketing a new bond issue to non-U.S. investors. The government has begun marketing a new issue of Bonar 2024 notes as it seeks to raise cash ahead of upcoming maturities and avoid...

  • MercadoLibre misses 4Q profit forecasts Wednesday, 25 Feb 2015 | 4:33 PM ET

    BUENOS AIRES, Argentina _ MercadoLibre SA on Wednesday reported fourth-quarter profit of $34.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. MercadoLibre shares have increased 5 percent since the beginning of the year.

  • Petrobras scandal about to hit Brazil's political class Wednesday, 25 Feb 2015 | 3:51 PM ET

    BRASILIA, Feb 25- Brazil's top prosecutor is expected to file charges in coming days against politicians implicated in the Petrobras corruption scandal, a political bombshell that could involve members of Congress and President Dilma Rousseff's government. Under Brazilian law, lawmakers and cabinet members can only be tried by the Supreme Court.