• "This warning is not entirely surprising given Lufthansa's warning in June for the same reasons and the recent 21 percent decline in Air France-KLM's share price," said Citi Research analyst Andrew Light in a note.

  • CARACAS, July 7- Delta Air Lines will run only one flight a week to Venezuela instead of one a day because of difficulties repatriating revenue through the country's exchange controls, the company said on Monday.

  • Delta Air Lines cutting back flights to Venezuela Monday, 7 Jul 2014 | 12:35 PM ET

    CARACAS, Venezuela— Delta Air Lines drastically reduced service to Venezuela on Monday in a dispute with the government over revenue trapped in the South American country. The International Air Transport Association says Venezuela has prevented the repatriation of $4 billion in airline money because of currency control problems.

  • Major Venezuelan newspaper to be sold Friday, 4 Jul 2014 | 12:19 PM ET

    CARACAS, Venezuela— One of Venezuela's oldest and most prestigious newspapers has been sold amid increasing government pressure on independent news media.

  • LONDON, June 16- Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over the past decade as Caracas sees the U.S. boom in light oil from shale as a chance to raise heavy-crude exports, the country's oil minister said.

  • CARACAS, June 13- Venezuela's inflation soaring above 60 percent has boosted pressure on President Nicolas Maduro to speed up a transition toward a market-driven economy as the OPEC nation's model of state-controlled socialism heads toward stagflation.

  • MARACAIBO, Venezuela, May 21- Venezuelan state oil company PDVSA on Wednesday said it had been granted a total of $2 billion in credit lines by oilfield services companies Halliburton Co, Schlumberger NV and Weatherford International Ltd..

  • CARACAS, May 14- Italian airline Alitalia on Thursday confirmed that it is suspending service to Venezuela between the start of June and the end of October because of growing disputes over delays in repatriating revenue under the country's currency controls.

  • CARACAS, May 14- Italian airline Alitalia has canceled service to Venezuela as of June 2 due to delays in repatriating revenue under the country's 11- year-old currency control system, two sources told Reuters on Wednesday.

  • MIAMI, May 6- Silicon Valley need have no fear, but look out for the latest upstart to enter the tech arena: Miami.

  • CATIA LA MAR, Venezuela, May 1- The neighborhood of El Chaparral began receiving cash from the Venezuelan government in 2005. The windfall came courtesy of the late socialist leader Hugo Chavez's plan to fight poverty by transferring billions of dollars in oil revenue to communities around the country.

  • CARACAS, May 2- President Nicolas Maduro is introducing a controversial shopping card intended to combat Venezuela's food shortages but decried by critics as a Cuban-style policy illustrating the failure of his socialist policies.

  • CARACAS, April 29- President Nicolas Maduro announced on Monday a 30 percent increase in the minimum wage and pensions to protect Venezuelans from inflation nearing a 60 percent annual rate.

  • CARACAS, April 29- President Nicolas Maduro announced on Monday a 30 percent increase in the minimum wage and pensions to protect Venezuelans from inflation nearing a 60 percent annual rate.

  • Venezuela to crush cars, bikes to build houses Tuesday, 29 Apr 2014 | 5:44 PM ET

    CARACAS, April 29- Venezuela said on Tuesday it would start crushing abandoned cars and bicycles to provide raw materials for housing construction and supplement drastically reduced amounts of local steel.

  • NEW YORK, April 14- Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks.

  • BUENOS AIRES, March 30- Argentina has been approached by financial institutions offering it loans at favorable rates, the economy ministry said on Sunday, marking a tentative reopening of international credit markets for the first time in over a decade.

  • Energy expert warns of oil supply disruptions Thursday, 27 Mar 2014 | 3:03 PM ET

    "The oil market right now is probably as dicey as I've seen it my career," former energy portfolio manager Nick Tiller says.

  • 'Latin eBay' has a problem: Venezuela Wednesday, 19 Mar 2014 | 12:57 PM ET
    MercadoLibre webpage in Venezuela

    MercadoLibre is essentially the eBay of South America, with a history of strong growth. But profits in Venezuela may not be what they seem.

  • Diego Moya-Ocampos, senior Latin America analyst at IHS, discusses the ongoing protests in Venezuela and what it means for the government.