Scott Nations, Chief Investment Officer & President at NationsShares, says investors should look outside of U.S. equities and recommends Spain and Brazil for value investment opportunities.» Read More
March 9- The sudden disappearance of a Malaysia Airlines jetliner with 239 people aboard represents one of the rarest kinds of aviation disaster, and the mystery is compounded by uncertainty about which country's jurisdiction the plane came down in.
RIO DE JANEIRO/ BRASILIA, March 6- Brazil's central bank said on Thursday it will remain vigilant to minimize the risk of high inflation despite some moderation in price increases, signaling it may not be done raising interest rates just yet.
NEW YORK/ LONDON, March 5- Arabica coffee futures surged above $2 per lb for the first time in two years on Wednesday, on heavy investor buying as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market.
*Cocoa moves sideways, underpinned by firm demand. NEW YORK/ LONDON, March 5- Arabica coffee futures surged on heavy investor buying on Wednesday, nearing a two-year high as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market, while raw sugar jumped to a four-month high. Cocoa on ICE Futures U.S. and Liffe were firm.
*Adidas to work with Hainer on succession plan. HERZOGENAURACH, Germany March 4- Adidas has extended the contract of long-serving Chief Executive Herbert Hainer until 2017 but will work with him on a succession plan to ready the world's second-biggest sportswear company for "generation change".
BRASILIA, Feb 28- Brazil's consolidated primary budget surplus narrowed in January from a year ago, marking a weak start for the government's effort to boost savings and regain credibility with investors this year. "The government got off on the wrong foot with this result," said Flavio Serrano, senior economist with Espirito Santo Investment Bank in Sao Paulo.
RIO DE JANEIRO/ LONDON, Feb 28- Ukraine's hryvnia jumped as much as 10 percent on Friday on hopes of a loan from the International Monetary Fund, while the Brazilian real slid 0.5 percent after the latest budget data poured cold water on hopes that the country would halt a deterioration in its fiscal performance.
LONDON, Feb 28- Indonesia's January ban on the export of nickel ore is, according to French nickel producer Eramet, "good news and will eventually support nickel prices".
RIO DE JANEIRO/ SAO PAULO Feb 27- Vale SA, the world's largest iron ore producer, will continue reining in costs this year even as the outlook for prices and sales volumes is improving, its chief executive officer said on Thursday.
SAO PAULO/ BRASILIA, Feb 27- Brazil's economy ended 2013 on a upbeat note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with business leaders and win re-election in October.
SAO PAULO, Feb 27- Brazil's economy ended 2013 on a positive note thanks to strong consumer spending and investment, providing a much-needed boost to President Dilma Rousseff as she tries to rebuild her credibility with investors and win reelection in October.
SAO DESIDERIO, Brazil, Feb 27- Brazilian farmers are battling a voracious caterpillar that likely arrived from Asia, challenging the agricultural superpower's widely touted mastery of tropical farming just as it is on the verge of becoming the world's top soybean producer.
BRASILIA, Feb 26- Brazil slowed the pace of monetary tightening on Wednesday, signaling it may be near the end of a rate-hiking cycle that threatened to tip Latin America's largest economy into a recession. The central bank is signaling that it is ready to end the cycle, "said Andre Perfeito, chief economist at Gradual Investimentos in Sao Paulo.
RIO DE JANEIRO, Feb 26- Vale SA, the world's No. 3 mining company by market value, said on Wednesday its net loss more than doubled in the fourth quarter after it took a $6.5 billion charge for an income-tax settlement with the Brazilian government and wrote off part of a failed potash investment.
SAO PAULO, Feb 26- Brazil's Embraer SA, the world's No. 3 commercial planemaker, said on Wednesday it was aiming for stable profit margins in 2014 as better pricing on executive jets should offset deep discounts on big regional jet orders.
SAO PAULO, Feb 26- Brazilian hackers are threatening to disrupt the World Cup with attacks ranging from jamming websites to data theft, adding cyber warfare to the list of challenges for a competition already marred by protests, delays and overspending.
RIO DE JANEIRO/ LONDON, Feb 25- Brazil's real on Tuesday gained for a fifth session in a row as investors turned less pessimistic on the country's fiscal prospects, but Turkey's lira hit a two-week low versus the dollar after the latest twist in a government corruption scandal.
U.S. spying is driving some of its allies to build an undersea cable from Portugal to Brazil, according to a report.
*Cosan's Rumo would name most of the board, have control. The planned takeover, which Cosan officials expect ALL's board and shareholders to approve, would create a new logistical giant in a country where access to cheap transportation infrastructure comes at a premium.
*Cable between Portugal and Brazil could cost $185 mln. BRUSSELS, Feb 24- Brazil and the European Union agreed on Monday to lay an undersea communications cable from Lisbon to Fortaleza to reduce Brazil's reliance on the United States after Washington spied on Brasilia.