Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.» Read More
"I want to let the people of Bolivia know about the nationalization of Sabsa," Morales said in a televised speech in the central city of Cochabamba, adding that the company had made "an exorbitant profit with a derisory capital input."
QUITO, Feb 18- Ecuadorean President Rafael Correa on Monday reveled in a sweeping re-election victory that allows him to deepen his socialist revolution even as he seeks to woo foreign investment in the resource-wealthy Andean nation.
QUITO, Feb 18- Ecuadorean President Rafael Correa reveled in a sweeping re-election victory that allows him to deepen his socialist revolution even as he seeks to woo foreign investment in the resource-wealthy Andean nation. "This is not just a victory for Ecuador, this is a victory for the great homeland of Latin America," the beaming Correa said.
LA PAZ, Feb 18- Bolivian President Evo Morales, who has tightened state control over the nation's small economy since taking office in 2006, nationalized an airports operator owned by Spanish infrastructure company Abertis on Monday.
*Combative Correa widely supported for social spending. *Critics call him authoritarian bully who weakens economy. QUITO, Feb 17- Ecuador's President Rafael Correa held his first cabinet meetings more than 35 years before he was elected.
CARACAS, Feb 17- Venezuela's 146,000 barrel-per-day El Palito refinery was still restarting operations on Sunday after an electrical fault hit the installation the day before, state oil company PDVSA said.
QUITO, Feb 17- Ecuadoreans voted for president on Sunday and were almost certain to give incumbent Rafael Correa a new term to advance an agenda of socialist economics and an expansion of state power that critics call authoritarian.
CARACAS, Feb 16- An electrical fault briefly halted operations at Venezuela's 146,000 barrel-per-day El Palito refinery in the latest mishap at the South American OPEC member's oil installations, state-owned company PDVSA said. Twitter users posted photos of smoke rising from El Palito, at Puerto Cabello on Venezuela's north coast, in the afternoon.
*Still mulling purchase of Vivendi's Brazil unit GVT. Feb 14- DirecTV warned that Venezuela's recent currency devaluation will crimp its results this year and said it was still considering buying Brazilian telecom operator GVT.
Feb 14- DirecTV announced a $4 billion share buyback on Thursday, helping to soften the blow to investors after the satellite TV provider warned of a 2013 financial hit from Venezuela's recent currency devaluation.
Feb 14- Satellite TV provider DirecTV on Thursday said its profit and revenue rose in the fourth quarter, but warned it would take a financial hit in 2013 because of Venezuela's recent currency devaluation. DirecTV said the Venezuelan government's move to devalue its currency will make the company incur a one-time pre-tax charge of $160 million.
SEOUL/ TOKYO- South Korea sent a stern warning to North Korea on Thursday, two days after North Korea tested a nuclear bomb, saying it could strike the isolated state if it believed an attack was imminent as it deployed a new cruise missile to drive home its point.
CARACAS, Feb 13- President Hugo Chavez's finance minister lashed critics of last week's controversial Venezuela currency devaluation as "cretins" on Wednesday and chided Venezuelans for behaving like "nymphomaniacs" towards the U.S. dollar.
Feb 12- Avon Products Inc's stock rose more than 20 percent on Tuesday after the beauty products company posted surprisingly strong earnings in the fourth quarter, a sign CEO Sheri McCoy's turnaround plan is taking hold. Avon reversed sales declines in top markets like Brazil and Russia, attracted more sales representatives and cut costs in the fourth quarter.
NEW YORK, Feb 12- U.S. motorists searching for someone to blame for the highest gasoline prices ever at this time of year have an easy target: hedge funds who have been quietly amassing winning bets on hundreds of millions of barrels of oil.
Feb 12- Avon Products Inc's business at long last showed signs of life at the end of 2012 as the struggling beauty company reversed sales declines in top markets like Brazil and Russia, attracted more sales representatives and cut costs.
*Q4 adj EPS from cont. ops 37 cents vs consensus 27 cents. Feb 12- Avon Products Inc's business showed signs of life in the last three months of 2012 as the struggling beauty company sold more items, attracted more sales representatives and cut marketing and personnel costs.
WASHINGTON, Feb 11- The United States on Monday announced new sanctions on a Chinese businessman and several companies for selling to Iran items banned under U.S. laws aimed at curbing that country's missile program.
CHICAGO, Feb 11- Venezuela's latest currency devaluation will hurt a range of U.S. and European companies that sell to consumers in the country, as state-imposed price controls make it more difficult for those companies to protect their profits.
*Novo Nordisk sinks on U.S. drug approval delay. LONDON, Feb 11- European equities eased on Monday, pursuing the previous week's retreat from multi-month peaks and dragged down by Novo Nordisk after a regulatory set-back for a new drug.