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Brazil

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  • China's Lenovo buys and diversifies to outshine PC rivals Wednesday, 22 May 2013 | 5:29 PM ET

    HONG KONG, May 23- Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.

  • Russia doubted as growth engine for business aviation Wednesday, 22 May 2013 | 3:52 PM ET

    GENEVA, May 22- Russia, long touted as an engine of growth for the stuttering global business aviation industry, needs radical changes in its taxation and regulatory system if it is to fulfil that promise, a U.S. expert said on Wednesday.

  • NEW YORK/ LONDON, May 22- ICE arabica coffee futures tumbled to the lowest level in more than three years on Wednesday, as a speculator selloff extended recent losses seen on ample supplies and a favorable crop outlook in top producer Brazil, dealers said.

  • NEW YORK/ LONDON, May 22- ICE arabica coffee futures tumbled to the lowest level in three years on Wednesday, as speculator selling extended recent losses seen on ample supplies and a favorable crop outlook in top producer Brazil, dealers said.

  • SOFTS-ICE coffee sets 3-year low, sugar edges higher Wednesday, 22 May 2013 | 10:51 AM ET

    LONDON, May 22- Arabica coffee futures on ICE fell to a three-year low on Wednesday as the market extended recent losses linked to ample supplies and a favourable crop outlook in top producer Brazil.

  • Fla. Gov. visit to Chile marks 8th overseas trip Wednesday, 22 May 2013 | 10:02 AM ET

    TALLAHASSEE, Fla.-- In just two-and-a-half years Florida Gov. Scott arrived early Tuesday in the South American country of Chile as part of a trade mission with more than 100 people, including top officials from the state's ports and leaders of companies such as Florida Power& Light.

  • FEATURE-Sudan dreams of becoming global sugar player Wednesday, 22 May 2013 | 10:00 AM ET

    *Sudan hopes to offset loss of oil to South Sudan. NEAR SOFIYA, Sudan, May 22- In a hangar-shaped factory hall in central Sudan a dozen workers rush to pack refined white sugar gushing from a funnel into paper bags to be loaded on three trucks parked outside.

  • *Several dealers doubt China will raise import duty. LONDON/ BEIJING, May 22- A slide in sugar prices driven by excess supplies may be given fresh impetus soon with China, one of the world's top importers, likely to cut back on purchases after a sharp jump in stocks. "If China were to continue to buy large tonnages of sugar, that would be a bullish signal.

  • SOFTS-ICE coffee sets contract lows, sugar edges up Wednesday, 22 May 2013 | 7:41 AM ET

    LONDON, May 22- Arabica coffee futures on ICE set contract lows on Wednesday as the market extended recent losses linked to ample supplies and a favourable outlook for the crop in top producer Brazil. July arabica coffee on ICE stood 0.55 cent or 0.4 percent weaker at $1.3215 per lb at 1111 GMT after setting a contract low of $1.3205.

  • INSIGHT-No more easy pickings in Russia's banking market Wednesday, 22 May 2013 | 2:30 AM ET

    MOSCOW, May 22- Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for.

  • *Gov't plans to deduct $22 bln from primary budget goal. BRASILIA, May 21- The Brazilian government has further lowered its primary budget surplus target for this year, according to an official document obtained by Reuters on Tuesday, signaling it will continue to bolster spending to support a still timid economic recovery.

  • SAO PAULO, May 21- Spanish telecoms group Telefonica SA has put on hold plans to publicly list its Latin America unit, a senior executive said on Tuesday, but an IPO could be ready within a few months if the need arose.

  • And a key negotiator for the European Union's Executive Commission, focus of anger from many other countries over its emissions trading scheme, said she hoped a road map towards a pact would be agreed by this autumn.

  • Brazil seeking vehicle for pension funds to invest in projects. BRASILIA, May 21- Brazil is sweetening terms for major infrastructure contracts to whet investor appetite and draw private capital and expertise needed to upgrade its deficient roads, railways and ports, the man in charge of planning the projects said on Tuesday.

  • BOGOTA, May 21- Colombia's central bank board member Juan Pablo Zarate on Tuesday warned of the "gigantic" risks of guaranteeing a level for the country's currency and highlighted the importance of a floating currency to cushion against volatile capital flows.

  • BRASILIA, May 21- Brazil will improve bidding terms for investors interested in building railways, including a high speed train, the head of the government agency in charge of infrastructure projects, Bernardo Figueiredo, said on Tuesday.

  • SAO PAULO, May 21- SkyWest Inc, the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA, in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion.

  • SAO PAULO, May 21- SkyWest Inc, the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA, in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion.

  • Can Brazil Sustain Its Growth?   Tuesday, 21 May 2013 | 1:30 AM ET

    James Lockhart Smith, principal analyst for Latin America at Maplecroft, says the Brazilian bank run highlights growth and credit issues in the Latin American country.

  • General Cable brings back quarterly dividend Monday, 20 May 2013 | 6:52 PM ET

    HIGHLAND HEIGHTS, Ky.-- General Cable Corp. said Monday that it will issue a quarterly dividend of 18 cents per share in June, the wire and cable maker's first payout since 2002..