The Middle East and other oil-producing countries are hotbeds of instability. So why is oil falling instead of rising?» Read More
*Declines to say directly if Spain should seek aid. Mexico will host finance ministers and central bankers from the bloc of advanced and developing countries next weekend at a meeting that is expected to focus heavily on Europe's ongoing debt crisis, with Spain tipped as the next country to seek aid.
CARACAS, Venezuela-- After four election wins, Venezuelan President Hugo Chavez is on track to completing at least 20 years in power, and supporters such as street bookseller Cristina Tovar say they're glad to have him in charge.
James Lockhart-Smith, head of Latin America at Maplecroft, tells CNBC it is 'unlikely' that direct talks between the Colombian government and the Farc rebel group will succeed in resolving fifty years of conflict.
HOUSTON-- Weak activity in North America and the falling number of operating rigs in the worldwide drove third-quarter net income down by 61 percent at Baker Hughes. "Activity was less than planned in several key geomarkets for Baker Hughes, resulting in an unfavorable mix," said CEO Martin Craighead. "
LISBON, Portugal-- Portugal's government says Latin American company Synergy Aerospace is the only candidate in the running to buy state airline TAP Air Portugal. The airline's main appeal is its more than 70 weekly flights from Portugal to Brazil and about the same number to Africa. Synergy Aerospace owns Colombia's Avianca.
NEW YORK-- A multimillion-dollar Roy Lichtenstein painting of an electrical cord that was sent out for a cleaning 42 years ago and disappeared was returned to its owner on Tuesday.
BISMARCK, N.D.-- North Dakota Agriculture Commissioner Doug Goehring says the state's first trade mission to Colombia in four years shows promise for a long and profitable trade relationship with the South American nation. He says the trip was the beginning of a new effort to make North Dakota a main supplier of products to Colombia.
NEW YORK-- It was an ad campaign conceived as eye candy to bring attention to other advertisements in New York's transit system. But the "Meet Miss Subways" beauty contest posters of pretty young New York women and their aspirations quickly evolved into a popular and even groundbreaking fixture that ran for 35 years, from 1941 to 1976..
SAO PAULO-- Brazil is using an indigenous language for the first in a campaign aimed at curbing violence against women and the spread of HIV. The campaign is a joint effort between Brazil and three United Nations agencies including the Joint United Nations Program on HIV and AIDS. Adele Benzaken of the UNAIDS office in Brazil.
Oct 11- Cordoba Minerals Corp:. *Arranges $2.0 million private placement; amends existing warrants. *Says a non-brokered private placement financing of up to 4.45 million units.
CARACAS, Venezuela-- A mustachioed former bus driver who rose to become his country's top diplomat has emerged as the vice presidential pick of President Hugo Chavez as the Venezuelan leader prepares to launch a six-year term following two cancer operations.
Oct 11- Mack-Cali Realty Corporation's agreement to acquire, Roseland Partners, L.L.C, a multifamily owner/ operator/ developer is a near-term credit neutral event as the transaction's small size will not meaningfully impact credit metrics, according to Fitch Ratings.
Oct 10- Shona Energy Company Inc:. *Shona Energy unit Geoproduction Oil and Gas Company of Colombia signed LOI with Altenesol LNG Colombia, S.A.S. *LOI to supply natural gas for Altenesol's Nataly I liquefied natural gas project.
This past Sunday, a bull fight in Colombia went out of control -- and what a metaphor for the markets. Bill Nichols, Cantor Fitzgerald, and William Braman, Ballentine Partners, share their market forecasts.
*Tolima Gold Inc. and IAMGOLD Corporation enter option to form a joint venture to explore tolima's ancal project in the middle cauca gold belt in Colombia. *As consideration for granting of option, IAMGOLD has agreed to pay Tolima $1 million in 2 equal installments.
WASHINGTON-- Mitt Romney solely blamed President Barack Obama on Monday for potential defense cuts that Republicans in Congress worked out with the White House and Democrats and left the misimpression that Obama has ignored free trade initiatives.
SAN DIEGO-- PriceSmart Inc. said Monday that a key revenue measurement grew 10 percent in September. The company has five warehouse clubs in Costa Rica, four in Panama, four in Trinidad, and others in Guatemala, the Dominican Republic, El Salvador, Honduras, Aruba, Barbados, Colombia, Jamaica, Nicaragua, and the U.S. Virgin Islands.
Oct 05-=============================================================================== Summary analysis-- Codere S.A.----------------------------------- 05- Oct-2012=============================================================================== CREDIT RATING: B-/Negative/-- Country: Spain Primary SIC: Amusement and recreation, nec=============================================================================== Credit Rating History: Local currency Foreign currency 06- Jul-2012 B-/-- B-/-- 02- Jul-2009 B/-- B/-- 27- Oct-2008 B+/-- B+/--=============================================================================== Rationale.
*ISS recommends shareholders vote to re-elect all News Corp directors. Oct 4- News Corp's controlling Murdoch family received a major endorsement, and won a symbolic victory, with proxy advisory group Institutional Shareholder Services' recommendation that shareholders vote to re-elect the company's board of directors at its annual shareholder meeting.
FARGO, N.D.-- Representatives of six North Dakota companies are going on a trade mission to the South American nation of Colombia next week. It is the first North Dakota trade mission to Colombia in four years.