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
HSBC Bank' s IDRs, National Scale and Support Ratings reflect the bank's solid ownership structure and its shareholder's strong commitment to the bank. Fitch considers HSBC Bank to be of limited strategic importance for its shareholder given the announcement of the sale of the entity.
Another gasoil trader said gasoil with high sulphur content was arriving in Europe from the United States while cargoes from Europe were heading to Argentina following recent tenders by YPF, though some of the latest cargoes were also sailing from the U.S., one trader added.
VIGO, Spain, April 26- Even in a record year for Spanish bankruptcies, the filing by Pescanova, a household local name that farms, catches and processes fish, stands out not just for scale, but for the opaque culture and boardroom dysfunction it has revealed.
By Tracy Rucinski and Carlos Ruano. VIGO, Spain, April 26- Even in a record year for Spanish bankruptcies, the filing by Pescanova, a household local name that farms, catches and processes fish, stands out not just for scale, but for the opaque culture and boardroom dysfunction it has revealed.
BUENOS AIRES, April 25- Energy workers went on strike on Thursday at three oil fields in Argentina's Santa Cruz province, which produces about 20 percent of the country's crude oil, a trade union official said. The protest over internal union politics was launched by the Santa Cruz Private Oil and Gas Workers' Union.
BUENOS AIRES, April 25- Argentina's March industrial production inched up 0.2 percent from a year earlier and rose 1.5 percent versus the previous month, improving after February's poor performance, government data showed on Thursday. Argentina's economic growth slowed abruptly in 2012 after a nearly nine-year boom.
*Pope mentions Vatican bank for first time since his election. *Francis says Vatican offices are necessary but "up to a point". In an impromptu sermon at a Mass for Vatican employees including staff from the bank, the pope said they should concentrate on the true mission of the Church and that Vatican departments were needed "only up to a certain point".
CHACABUCO, Argentina, April 24- Sales of Argentine soybeans are lagging this season due to expectations for higher world prices later and to domestic financial uncertainty that has prompted farmers to save in beans rather than pesos.
*Corn turns firm on technicals; slow farmer selling. CHICAGO, April 24- Chicago Board of Trade soybean futures fell over one percent on Wednesday on long-liquidation in anticipation of heavy movement soon of soybean supplies from South America's bumper harvest.
*Q3 core profit per share 99 cents vs Street view 96 cents. April 24- Procter& Gamble Co said on Wednesday that profit would fall more than Wall Street anticipated this quarter as it increases spending to promote several new products.
BUENOS AIRES, April 24- At a new market in a tough suburb of Buenos Aires, an Argentine flag emblazoned with a giant shopping cart advertises cheap prices for everything from sausages to detergent.
*Wheat market shrugging off Wednesday freeze in US Plains. CHICAGO, April 24- Chicago Board of Trade corn staged a cautious rebound on Wednesday in a technical bounce from its slide to a two-week low and on hesitant sales of corn by farmers, traders said.
*Q1 EPS $0.85 vs $1.04 year earlier. TORONTO, April 24- Barrick Gold Corp, making a painful adjustment to a sustained slump in bullion prices, said on Wednesday it was scaling back capital spending and reported progress in controlling costs, sending its shares higher. The project straddles the border of Chile and Argentina, high in the Andes.
April 24- Puerto Rico's new governor is trying to heal the Caribbean island's wounded public finances with an austere budget heavy with new taxes that could sap life from a wobbly economic recovery.
*Shares up 3 percent at C $18.55 in Toronto. TORONTO, April 24- Barrick Gold Corp, making a painful adjustment to a sustained slump in bullion prices, reported progress in controlling costs on Wednesday and said it is further reducing capital spending, sending its shares higher.
BUENOS AIRES, April 23- Argentina's prized trade surplus shrank a greater-than-expected 49 percent in March to $510 million as fuel imports surged, the INDEC statistics institute said on Tuesday.
*Signed nuclear cooperation deals with France, Korea, China, and Argentina. DUBAI, April 23- Saudi Arabia's atomic energy ambitions are grand enough to grant several reactor vendors multi-billion dollar contracts to keep them busy building in the desert for decades.
NAIROBI, April 23- From his leather chair in the boardroom of Jamii Bora bank, Sam Kimani looks out over Kenya's booming capital city and laments the bureaucracy and power cuts that drive up business costs and choke the supply of new homes.
*Colorado Party restored to power after five-year hiatus. ASUNCION, April 22- For Horacio Cartes, a millionaire cigarette and soft drink magnate who will be Paraguay's next president, the challenge now is to run a country where most people can only dream of having a sliver of the wealth he does.
*Colorado Party restored to power after five-year hiatus. ASUNCION, April 22- For Horacio Cartes, a millionaire cigarette and soft drink magnate who won Paraguay's presidential election on Sunday, the challenge now is to run a country where most people can only dream of having a sliver of the wealth he does.