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
*UK would need to negotiate new free trade rules with partners.
"We take a long-term view that demand for potash will resume," EuroChem CFO Andrey Ilyin said on the sidelines of the BMO Farm to Market conference in New York, after giving a presentation. "
*Corn from Brazil, Argentina seen going north until August. BUENOS AIRES, May 15- A record 2 million tonnes of South American corn is being sent to the United States this season to compensate for last year's weak harvest, industry sources based in Buenos Aires have told Reuters.
GENEVA, May 15- Argentina has launched a dispute against the European Union at the World Trade Organization, challenging rules for importing and marketing biodiesel applied by Spain, Belgium, France, Italy and Poland, the WTO said on Wednesday.
GENEVA, May 15- Argentina has launched a dispute against the European Union at the World Trade Organization, challenging rules for importing and marketing biodiesel used by Spain, Belgium, France, Italy and Poland, the WTO said on Wednesday.
SANTIAGO, May 14- LATAM Airlines Group SA's first-quarter net profit skidded to $42.7 million, or nearly half of a year earlier, on foreign exchange fluctuations, a drop in cargo revenue and the grounding of its three Dreamliners, the company said on Tuesday.
FRANKFURT, May 14- Ford Sollers, the Russian joint venture of U.S. carmaker Ford Motor Co, will build the EcoSport in Russia next year, at a time when the market for small SUVs is gaining traction in the country, Ford officials said on Tuesday. Ford Sollers broke ground on a $274 million powertrain plant in Russia on Tuesday.
BRASILIA/ BUENOS AIRES, May 14- Argentine companies have made an offer to buy some of the assets that Brazil's Petrobras SA has put up for sale in Argentina as part of its divestment strategy abroad, the oil company's president, Maria das Gracas Foster, said on Tuesday.
*Brazil, Chile, Colombia top 2012 Latam FDI recipients. SANTIAGO, May 14- Foreign direct investment in Latin America and the Caribbean this year could fall as much as 3 percent or jump by up to 7 percent after leaping to a record in 2012, the United Nations' body for the region said on Tuesday.
*Company looks to buy shares restricted since Cargill split. May 13- U.S. fertilizer producer Mosaic Co plans to have accumulated a $2 billion cash pile by the end of May to buy back shares locked up since its split from agribusiness giant Cargill Inc..
*Expects $2 bln surplus cash, $3 bln debt capacity as of May 31. May 13- Mosaic Co, the second-largest fertilizer producer in North America, will delay plans to expand potash production in Western Canada due to unfavorable market conditions, a company executive said. Vale SA said in March that it planned to pull out of a $6 billion potash project in Argentina.
*Argentina could take its case to the Supreme Court. A U.S. judge ordered Argentina to pay the holdouts the full $1.33 billion owed them the next time it serviced restructured debt. Argentina appealed, and a ruling by the 2nd U.S. Circuit Court of Appeals is expected in the coming weeks.
BUENOS AIRES, May 13- Argentina is embroiled in a high-stakes legal dispute with "holdout" creditors who shunned debt swaps that the South American country hoped would put its 2002 default to rest. Argentina appealed, and a ruling by the 2nd U.S. Circuit Court of Appeals is expected in the coming weeks.
BRASILIA, May 10- Brazil campaigned hard to get the top job at the World Trade Organization this week but behind closed doors even it acknowledges that the WTO's main mission- pushing forward in global trade talks- looks for the moment like a lost cause.
*Gas link with cheap U.S. is shattered as Mexico imports LNG. LONDON/ MEXICO CITY, May 9- Mexico is stepping up imports of liquefied natural gas as rising demand, falling domestic output and pipeline bottlenecks for cheap U.S. imports force it to pay at least four times more for added supplies.
BUENOS AIRES, May 8- Paraguayan and Brazilian soybeans are set to be shipped to the United States, where stocks of the oilseed are unusually tight due to last year's drought in the U.S. Soy- used in the United States to make biodiesel, animal feed and dishes such as tofu- is an increasingly important source of protein at a time of rocketing world food demand.
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.
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.
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.
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.