Latin America


  • Western Mexico state reports new mine spill Sunday, 21 Sep 2014 | 2:34 PM ET

    CANANEA, Mexico— Authorities in northern Mexico have issued a new alert of a toxic spill in the Sonora River basin from a copper mine operated by Grupo Mexico, the state director of civil protection said Sunday.

  • Guyana reports slight drop in deforestation rate Saturday, 20 Sep 2014 | 12:07 PM ET

    GEORGETOWN, Guyana— Guyana's environment ministry says the country saw less deforestation in 2013 thanks to a decrease in gold mining activity. Gold mining commonly requires companies to clear forests. Guyana already has lost $20 million of that funding because of increased deforestation in 2012..

  • MEXICO CITY, Sept 19- One of Mexico's richest men has resigned from broadcaster Televisa's board over a potential conflict of interest because he wants to acquire his own television network, the company said on Friday.

  • BRASILIA/ SAO PAULO, Sept 19- Brazil's financial markets have rallied on the prospect of environmentalist Marina Silva unseating President Dilma Rousseff in next month's election, but political donations show plenty of companies may be wary of a new administration.

  • Primero reports underground fatality at Mexico mine Friday, 19 Sep 2014 | 1:59 PM ET

    TORONTO, Sept 19- Canadian precious metals miner Primero Mining Corp said on Friday an employee of one of its contractors was killed in an isolated underground accident at its flagship San Dimas mine in Mexico on Thursday night.

  • RIO DE JANEIRO, Sept 18- Brazil's state-run oil company, Petroleo Brasileiro SA, will sign a contract to build and lease a floating production ship for its giant Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on Thursday.

  • Argentina approves law for controlling prices Thursday, 18 Sep 2014 | 1:06 PM ET

    BUENOS AIRES, Argentina— Argentina's congress on Thursday approved a law that lets the government intervene in setting prices and profits in an attempt to tackle one of the hemisphere's worst inflation rates.

  • Popular Venezuelan cartoonist fired over drawing Thursday, 18 Sep 2014 | 12:22 PM ET

    CARACAS, Venezuela— A popular cartoonist said she lost her job over her representation of the late Hugo Chavez's iconic signature as a flat-lined heartbeat to dramatize Venezuela's health care crisis. More recently however, as Venezuela's economic crisis has deepened, medical supplies and medicines have disappeared, putting lives at risk.

  • RIO DE JANEIRO, Sept 17- Royal Dutch Shell Plc and Total SA must accept Brazil's state-run Petrobras as a partner in their Gato do Mato offshore oil prospect under new Brazilian law, the country's top oil regulator said Wednesday, a move that could strip Shell of operational control of the resource. She spoke at an oil industry event in Rio de Janeiro.

  • Argentina peso sags to 15 a dollar on black market Wednesday, 17 Sep 2014 | 6:20 PM ET

    BUENOS AIRES, Argentina— The value of Argentina's peso has hit its lowest level ever on the black market. That's far cheaper than the official exchange rate, which closed at 8.4 pesos per dollar.

  • CARACAS, Sept 17- Venezuelan bonds tumbled on Wednesday following a ratings downgrade by Standard& Poor's that cited concerns about inflation, recession and deteriorating capacity to pay. The OPEC nation's benchmark Global 27 bond fell 3.83 percent in price to bid 70.855 with a yield of 14.234.

  • FedEx units to raise shipping rates from January Tuesday, 16 Sep 2014 | 5:34 PM ET

    Sept 16- FedEx Corp, the world's No.2 package delivery company, said it would increase shipping rates for its express, ground and freight services, effective Jan. 5, 2015. The rate change applies to FedEx freight shipments within the United States, Canada and Mexico as well as between the U.S. and Canada and between the U.S. and Mexico, FedEx said.

  • *Japan production capacity at 28- year low. TOKYO, Sept 17- Mazda Motor Corp has returned to profit as the falling yen has rewarded the carmaker's export-heavy strategy. "Companies are not that interested in expanding capacity in Japan," said Kaori Yamato, senior economist at Mizuho Research Institute.

  • BUENOS AIRES, Sept 16- Argentina called in the United States' top diplomat in the country on Tuesday to express its "deep indignation" over a local newspaper interview in which he made reference the South American country's latest debt default.

  • MEXICO CITY, Sept 16- Tropical storm Polo could become a hurricane off Mexico's Pacific Coast on Thursday the U.S. National Hurricane Center said on Tuesday. On Tuesday morning Polo was about 275 miles south of Mexico's famous beach resort of Acapulco and moving in a northwest direction at 12 miles per hour, the NHC said.

  • SAO PAULO, Sept 16- Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations.

  • BELO HORIZONTE/ SAO PAULO, Brazil, Sept 16- The handsome, accomplished grandson of one of Brazil's most beloved politicians, Aecio Neves has been preparing his whole life to be president, friends say. And that, paradoxically, best explains why he's languishing in Brazil's presidential election race.

  • CARACAS, Sept 16- Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a' no-fly' zone.

  • Brazil's indigenous seek out city, end up in slums Tuesday, 16 Sep 2014 | 12:03 AM ET

    RIO DE JANEIRO— They huddle in a tight circle, shaking seed-filled maracas and shuffling in time to a rhythm that has pulsed through their tribes for generations.

  • RIO DE JANEIRO, Sept 15- Investors are losing interest in Brazil's oil industry as the country's energy policies raise costs, reduce efficiency and increase risk, Brazil's oil industry association, the IBP, said on Monday.