Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.» Read More
*Copper down on subdued China demand Improving global economy weighs on gold. Jan 23- U.S. oil prices fell sharply on Wednesday as pipeline problems raised worries that crude supplies will swell in the country's Midwest, and soybean and grain markets slid in reaction to forecasts for better crop weather in major grower Argentina.
CHICAGO, Jan 22- Soybean futures rose 1.6 percent on Tuesday, and touched a one-month high, as traders cited news China bought optional-origin soybeans, talk that it may be looking for more, and concern about Brazil's ability to move its expected record-large soybean crop to port.
*Dryness in Argentina, south Brazil may hurt soy crop. LONDON, Jan 22- Chicago wheat climbed to a one-month high on Tuesday while soybeans and corn also advanced with prices supported by a worsening drought across the U.S. grain belt and dryness in parts of Argentina and Brazil. "The wet bias that existed in Argentina earlier in the season has now shifted to dry bias.
CHICAGO, Jan 22- Soybean futures touched a one-month high Tuesday on fresh export demand from China and concerns about dry weather in South American soy regions, traders said. At the Chicago Board of Trade as of 10:30 a.m. CST, CBOT March soybeans were up 21-3/ 4 cents at $14.51 per bushel after reaching $14.53- 3/ 4, the contract's highest level since Dec. 19.
NEW YORK/ LONDON, Jan 18- Global prices for liquefied natural gas are rising toward record highs this year as increasing demand runs up against stuttering supply, threatening to drive up fuel costs in some of the world's biggest economies.
In its latest annual outlook, published on Wednesday, BP predicts China will be the most successful country outside North America in developing shale gas by 2030. Given the country's enormous shale resources and large prospective market, coupled with its ready availability of capital and proven engineering expertise, it is hard to argue with that assessment.
SANTIAGO, Jan 16- Chile- based LAN said it will temporarily ground its three Boeing 787 Dreamliners following a safety warning issued on Wednesday by the U.S. Federal Aviation Administration. The airline uses its Boeing 787 s on routes to Los Angeles, Lima and Buenos Aires.
BUENOS AIRES, Jan 16- Chile- based LAN said it will temporarily ground its three Boeing 787 Dreamliners following a safety warning issued on Wednesday by the U.S. Federal Aviation Administration.
*Sugar dips on Brazil crop; cocoa down ahead of grind data. Improving sugar crops in top producer Brazil prompted farmers to sell, while cocoa dipped on expectations of bearish grind data out of North America.
*Cordoba, Buenos Aires, Santa Fe provinces getting dry. BUENOS AIRES, Jan 16- Argentina needs rain by the end of the month to maximize corn yields and to realize forecasts that the global supplier will have a record harvest of 28 million tonnes, farmers and agronomists say.
*Copper at 2- week low on U.S. debt ceiling, China worries. NEW YORK, Jan 15- U.S. wheat prices hit three-week highs on Tuesday on fear that a return to dry weather could do further damage to grain in parched U.S. fields, and natural gas touched a two-week peak as colder weather boosted heating demand across the nation.
BRASILIA, Jan 15- Summer rains falling across Brazil have dispelled any danger of power rationing in the world's sixth largest economy, Energy Minister Edison Lobao said on Tuesday, insisting that the government sees no need to increase emergency natural gas imports to keep thermoelectric plants running. "
Jan 15- A former compliance officer for Siemens AG in China sued the company on Tuesday, accusing it of firing him after he tried to expose a kickback scheme involving medical equipment sales to hospitals there. The allegations come after Siemens resolved charges in 2008 that it paid bribes in exchange for business around the world.
Corn and soybean futures were also higher, with corn on track for their seventh straight session of higher prices, as conditions turned dry in Argentina while the U.S. Agriculture Department's forecast last week for tight stockpiles continued to underpin prices.
LONDON, Jan 15- For a decade, the oil industry has worried about rising resource nationalism in producing countries.
HONG KONG, Jan 14- Hong Kong shares may start slightly softer on Monday on concern over corporate earnings after companies including global exporter Li& Fung Ltd warned of lower profits in a challenging operating environment.
Jan 11- Wal-Mart Stores Inc is replacing the chief of its Latin American unit, who had run the retailer's business in Mexico when the company reportedly began a probe into bribery allegations in the country. Solorzano will remain as chairman of the board of directors at Wal-Mart de Mexico, the Mexican unit of the world's largest retailer, Wal-Mart said on Friday.
*Traders expect USDA to raise estimates for soy inventories. The United States is facing increasing competition for business from Brazil, which is expected to harvest a record crop, and from Argentina. Still, USDA left its estimate for U.S. soybean exports unchanged from last month at 1.345 billion bushels. "
Jan 11- Wal-Mart Stores Inc said on Friday that Enrique Ostale will become president and chief executive of Walmart Latin America, succeeding Eduardo Solorzano, who will continue to serve as chairman of the board of directors at Wal-Mart de Mexico.
LONDON, Jan 11- Asian firms and Eurobond debutants from Africa will be prominent among emerging borrowers hoping to tap buoyant appetite for high-yield assets in 2013 although issuance and investor returns may fall short of last year.