BoE's Haldane: Too Big to Fail Is Still 'Business Unfinished'
Brazil
featured
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.
» Read More
More
-
*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.
-
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.
-
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..
-
*Gold shoots up from 1- month low and 7 days of losses. *Silver hits Sept 2010 low before rebounding. Copper prices hit their highest in almost a week, helped by a weaker dollar and shrinking inventories of the metal in Asia, although concerns about China's growth capped gains.
-
GENEVA, May 20- Leaders of the multibillion-dollar global business aviation industry see signs of recovery from four years of recession, they said on Monday, but they appealed to governments to ease the way ahead by cutting taxes and red tape.
-
SAO PAULO, May 20- Brazil's government needs to worry less about its high approval ratings and focus instead on reforms that, while unpopular, could bring the country out of its recent rut of subpar growth, former President Fernando Henrique Cardoso said on Monday.
-
BRASILIA, May 20- Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend.
-
BOGOTA, May 20- With Colombia's oil reserves stretching to less than seven years, its biggest challenge is boosting exploration and attracting fresh investment to uncap a "world of discovery" in shale oil, the energy minister said.
-
The Wharton International Volunteer Program (WIVP) is leveraging the skills of its members to provide consulting services to resource-strapped NGOs in developing countries.
-
MEXICO CITY, May 20- Mexico's banking reform will take two or three years to have an impact on credit and access to financial services, said the chairman of Mexico's largest locally-owned bank, Grupo Financiero Banorte.
-
*Brazil sugar harvest off to good start. LONDON, May 20- Raw sugar futures on ICE fell to a near-three-year low on Monday, as strong cane crushing in top producer Brazil kept the market under pressure. "Everybody is waiting for Brazil to be in full swing, as they think the price will be lower once Brazil's crop is coming in, in large quantities," said a London- based broker.
-
LONDON, May 20- Petroleum coke piled up along the banks of the Detroit River has sparked a storm of protest from local residents and environmental campaigners, who claim they are just one more problem associated with the bituminous tar sands being mined in western Canada.
-
LONDON, May 17- The coveted investment grade rating has arrived in Turkey and foreign capital may follow- possibly a lot of it. An investment grade rating, which Moody's gave Turkey on Thursday, potentially opens Turkey to more conservative funds. "This could bring a whole new investor base to Turkey," says Tim Ash, head of emerging markets research at Standard Bank.