Venezuela
featured
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
More
-
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.
-
*Cuba still hoping to find offshore oil. HAVANA, Feb 10- Cuba is looking for someone to finance a $6 billion expansion of its largest refinery, in the city of Cienfuegos, amid uncertainties about China's role in the project and the future of its close ally and oil supplier Venezuelan President Hugo Chavez.
-
CARACAS, Feb 9- Opposition leaders derided another currency devaluation by President Hugo Chavez's government as evidence of economic incompetence, while some anxious Venezuelans hit shops on Saturday in fear of price increases.
-
CARACAS, Feb 8- Venezuela on Friday devalued its bolivar currency in a widely expected move that will ease pressure on government finances after President Hugo Chavez's heavy campaign spending last year, but is likely to spur the OPEC nation's inflation. The following are some facts about Venezuela's bolivar:.
-
LONDON, Feb 8- Canada badly needs to find a way to get its crude to customers in Asia and avoid the oversupplied North American market to fetch a better price for its oil.
-
*Source says China eyes tougher $4 bln loan terms. CARACAS, Feb 1- Venezuela's government and state oil company PDVSA are in urgent talks over a long-expected $6 billion in loans from China and U.S. energy giant Chevron that would help relieve the nation's strained finances, sources close to the discussions said.
-
Iran's crude exports to its biggest customer, Asia, fell by a quarter in 2012 and shipments this year are expected to drop by at least 12 percent under U.S. sanctions pressure, but ample alternative supplies will keep refiners flush with oil.
-
SINGAPORE/ TOKYO, Feb 1- Iran's crude exports to its biggest customer, Asia, fell by a quarter in 2012 and shipments this year are expected to drop by at least 12 percent under U.S. sanctions pressure, but ample alternative supplies will keep refiners flush with oil. From Asia, Iran lost $14 billion worth of oil exports for the year, according to Reuters calculations.
-
*Venezuela crimps volume, gross margin in Latin America. Jan 31- Colgate-Palmolive Co said on Thursday a key measure of sales growth slowed for the second quarter in a row as the company faced increased pressures in Venezuela, including a labor slowdown at its factory there which has since been taken care of.
-
*Venezuela crimps volume, gross margin in Latin America. Jan 31- Colgate-Palmolive Co said on Thursday a key measure of sales growth slowed for the second quarter in a row as the company faced increased pressure in Venezuela.
-
*Earnings of $1.41/ share top Wall Street view of $1.40. *Venezuela crimps volume, gross margin in Latin America. Jan 31- Colgate-Palmolive Co posted a slightly bigger increase in quarterly profit than Wall Street was expecting on Thursday as it raised prices and used more advertising to entice shoppers to buy its toothpaste and other products.
-
MEXICO CITY, Jan 30- Peru is in the best shape in Latin America to withstand an economic meltdown while Venezuela and Argentina have the weakest defenses, according to an analysis by International Monetary Fund economists.
-
Jan 29- Hedge fund Elliott Management will nominate five executives to Hess Corp's board as it pitches a plan to break up the U.S. oil and gas company to boost returns for investors. Hess has been shifting away from refining since early last year, when the HOVENSA refinery, a joint venture between Hess and Venezuela's PDVSA, was closed.
-
Asia's financial capital Hong Kong retained its top spot as the world's most expensive city to rent a high-end apartment as robust demand on the island, a popular destination for employees looking to relocate overseas, and constrained supply, kept prices elevated.
-
Jan 29- Hedge fund Elliott Management will nominate five executives to Hess Corp's board as it pitches a plan to break up the U.S. oil and gas company to boost returns for investors. Hess has been shifting away from refining since early last year, when the HOVENSA refinery, a joint venture between Hess and Venezuela's PDVSA, was closed.
-
CARACAS, Jan 28- South American OPEC member Venezuela is modifying its windfall oil tax system to redistribute revenues and channel more dollars to the Central Bank, the energy minister said on Monday.
-
*Elliott Associates may nominate directors to Hess board. Jan 28- Hess Corp on Monday announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.
-
CARACAS, Jan 28- Venezuela is changing its oil windfall tax bands under which the government raises income for social spending and other purposes, Energy Minister Rafael Ramirez said on Monday.