CNBC's Bob Pisani and independent investment consultant David Darst, discuss quality of earnings season.» Read More
BUENOS AIRES, July 30- Argentina was in a race against time on Wednesday to cut a deal by the end of the day with holdout investors who are suing it and to avert its second debt default in a little over a decade. Here are some of Argentina's crises through history:.
NEW YORK— A New York man who stole millions of dollars from clients by falsely promising to book performances by world-famous recording artists like Rihanna, Lady Gaga and Justin Bieber has been sentenced to five to 10 years in prison. Manhattan District Attorney Cyrus Vance Jr. announced the sentencing of 39- year-old Meceo McEaddy on Tuesday.
July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.
SAO PAULO, July 24- General Motors Co wants to put nearly a fifth of its workers at a factory in Brazil on paid leave, an auto workers union said on Thursday, amid falling output in Latin America's largest economy. General Motors put 940 workers at the same factory on paid leave in 2012, and the union said 598 of them were later fired.
RIO DE JANEIRO, July 24- Brazil's Vale SA produced record amounts of iron ore in its latest second quarter, rising to the task of battling Australian rivals for market share, but weaker performance at other divisions fanned some concern ahead of results next week.
RIO DE JANEIRO, July 24- Brazilian miner Vale said on Thursday its iron ore output in the second quarter was a record high for the period, up 12.6 percent from a year earlier, as it ramped up production to win back market share from Australian rivals.
BRASILIA/ SAO PAULO, July 23- Brazil's Treasury on Wednesday sold $3.5 billion worth of a new 30- year global bond, while offering to buy back shorter-dated maturities that had been issued under costlier terms.
BRASILIA/ SAO PAULO, July 23- Brazil's Treasury launched $1 billion worth of a new 30- year benchmark global bond on Wednesday and offered to buy back costlier, shorter-dated maturities as it seeks to take advantage of a growing appetite for Brazilian assets.
SAO PAULO/ BRASILIA, July 23- Brazil's Treasury is offering on Wednesday a new 30- year global bond and buying back as many as eight shorter-dated issues, in a bid to take advantage of growing appetite for Brazilian assets and improve the country's dollar-denominated yield curve.
SYDNEY, July 23- Brazil's BTG Pactual has received a green light from the London Metal Exchange to set up warehousing operations in Singapore, marking the investment bank's first foray into Asia as builds out its physical metals business.
July 23- For other related diaries, please. WARSAW- Central Bank of Poland Marek Governor Belka speaks in parliament. MEXICO CITY- IMF presents its latest World Economic Outlook report- 1400 GMT.
MEXICO CITY, July 21- Carlos Slim's America Movil, Latin America's biggest telecoms company, said on Monday that new regulation in its core Mexico market was beginning to weigh on its performance.
BRASILIA, July 21- Brazilian President Dilma Rousseff until recently appeared to be cruising toward re-election in October but she now finds herself in a tight race as an already sluggish economy takes a turn for the worse. Frustration in Brazil's biggest cities is also mounting.
BUENOS AIRES, July 18- Argentina signed deals on Friday to borrow $7.5 billion from China at a time when the Latin American country cannot tap global capital markets because of disputes over unpaid debt. China is Argentina's second-largest trading partner after neighbor Brazil.
SAO PAULO, July 18- Low corn prices in Brazil following a bumper crop are worrying farmers but providing favorable margins for an incipient corn-ethanol industry, said the manager of Usimat, the first Brazilian mill to produce the corn-based biofuel.
SAO PAULO— Brazil's president has met with the head of the European Commission to discuss ways to potentially increase trade between Europe and South America.
During overlapping visits to Latin America, the leaders of China and Russia have been welcomed with open arms by governments that are among the most hostile to Washington, including Cuba, Nicaragua and Venezuela.
BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.
BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.
*Portugal Telecom considering lawsuit targeting BES. LISBON, July 17- Banco Espirito Santo could be sued over a loan that one of its founding family's holding companies failed to repay to Portugal Telecom, sources said on Thursday, as credit rating agencies downgraded the bank and its key shareholder.