Argentina
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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.
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BUENOS AIRES, May 7- Argentina on Tuesday urged middle-class dollar savers and rich investors holding assets overseas to declare their greenbacks through a tax amnesty plan meant to shore up the country's wobbly currency. Argentina will also offer a separate savings instrument backed by the central bank to be used to finance housing projects.
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May 7- Satellite TV provider DirecTV easily beat estimates for the first quarter on Tuesday, as better-than-expected growth in Latin America helped offset the negative effects of a currency devaluation in Venezuela. Net income attributable to DirecTV was $690 million, or $1.20 per share, compared with $731 million, or $1.07 per share, a year ago.
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May 7- Satellite TV provider DirecTV easily beat estimates for the first quarter on Tuesday, as better-than-expected growth in Latin America helped offset the negative effects of a currency devaluation in Venezuela, sending shares up 6.7 percent. In the United States, DirecTV added 21,000 net subscribers.
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LONDON, May 7- Gasoil barge prices in northwest Europe rose on Tuesday following earlier gains in crude prices though demand for diesel remained weak. dropped below $3 a barrel in May, weakened by the recent spike in Brent crude prices and low demand.
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May 6- Gran Tierra Energy Inc:. 2013 has been revised to $424 million from $363 million. Brazil, Peru and Argentina revised to $424 million from $363 million.
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MEXICO CITY, May 6- Mexico's new government has promised a comprehensive review of its tax system, to be announced in the second half of 2013 along with an overhaul of energy policy.
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LONDON, May 3- Continued Argentinian demand for gasoline provided a slight boost to the crack on Friday, but the on-going glut of product in Europe as well as rising crude oil prices put a cap on further gains.
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SALTO, Brazil, May 3- Brazil, an up-and-coming agricultural superpower with abundant fertile land, is struggling to provide consistently affordable food for its population.
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LONDON, May 3- Diesel premiums in Europe rose with crude oil prices on Friday as buyers pushed back into the market encouraged by the recent drop in prices, traders said. *Three barges of 0.1 percent gasoil changed hands at May ICE gasoil futures minus $1- $1.50 a tonne fob ARA, lower than Thursday's trades at flat to minus $1 a tonne below the futures.
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TORONTO, May 2- Miner Goldcorp Inc said on Thursday that its first-quarter profit dropped by a steeper-than-expected 35 percent as lower metal prices and higher costs outweighed a boost in gold sales. Shares of the world's largest gold miner by market capitalization fell 2.1 percent to C $28.46 on the Toronto Stock Exchange.
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May 2- Canadian miner Goldcorp Inc reported a 35 percent drop in first-quarter profit on Thursday as lower metal prices and higher costs outweighed a boost in gold sales. Net income fell to $309 million, or 33 cents a share, from $479 million, or 51 cents a share, a year earlier. Revenue fell 16 percent to $1 billion, below Wall Street expectations of $1.34 billion.
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*Mexico imports record amounts of US natural gas. The two countries have abruptly changed positions over the past decade: Mexico, once the growing energy power, is struggling to maintain production; the United States, once a guaranteed importer, is enjoying a lucrative energy boom.
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*IMF has reprimanded Argentina about its data reporting. BUENOS AIRES, April 30- Argentine energy company YPF warned on Tuesday that inflation in the South American country may keep rising and affect its results, a rare admission considering the company is controlled by a government known for playing down the problem.
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In the United States, data from the Energy Information Administration showed distillate stockpiles, which include heating oil and diesel, rose 474,000 barrels, compared with forecasts for a build of 300,000 barrels.
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TORONTO, April 30- Canadian miner Yamana Gold Inc. Adjusted to remove one-time items, earnings fell to $117 million, or 16 cents a share, from $184.3 million, or 25 cents a share, in the first quarter of 2012.. Gold prices have since slipped to around $1,475 an ounce, prompting Yamana to pledge to bring down costs, preserve margins and maximize its profitability.
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LONDON, April 30- Diesel and gasoil barge differentials were underpinned on Tuesday by gradually rising demand in Europe ahead of the summer driving season, while an unusual pull of product to Argentina absorbed excess supplies, lending further support. Greece's second biggest refiner, Motor Oil Hellas.
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LONDON, April 30- Gasoline and naphtha prices in northwest Europe fell on Tuesday on lower crude and despite growing exports from the region. In a rare move, over four million barrels of diesel and gasoline have sailed in April from Europe and the United States to Argentina where a fire at the largest refinery has caused a shortage in refined products, traders said.
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LONDON, April 30- Gasoline and naphtha prices in northwest Europe fell on Tuesday on lower crude and despite growing exports from the region. In a rare move, over four million barrels of diesel and gasoline have sailed in April from Europe and the United States to Argentina where a fire at the largest refinery has caused a shortage in refined products, traders said.
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*Amsterdam awash with orange, people prepare to party. AMSTERDAM, April 30- Willem-Alexander will become the first King of the Netherlands in more than 120 years when Queen Beatrix passes the crown to her eldest son on Tuesday morning.
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TORONTO, April 29- Barrick Gold Corp said on Monday that it would issue some $3 billion in debt securities to pay down a revolving credit facility, repay principal on notes due in 2013, and for general corporate purposes.