RIO DE JANEIRO, April 18- Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday.» Read More
SAO PAULO, April 17- Eduardo Campos, the centrist former state governor running third in Brazil's presidential race, plans to lower the tax burden and set a formula to automatically raise fuel prices at state-run oil company Petrobras if he wins the October election.
CONAKRY, April 17- Guinea will announce the cancellation on Thursday of two iron ore concessions held by BSG Resources and its joint venture partner, Brazilian mining giant Vale, a senior government source said.
BUENOS AIRES, April 17- Argentine President Cristina Fernandez is reversing some of the populist policies that defined her first six years in power and will have little choice but to stick to the new, more pragmatic path over the remaining 20 months of her final term.
MEXICO CITY— Few outsiders dare venture after dark into Tepito, a neighborhood known as Mexico City's main clearinghouse for contraband ranging from guns and drugs to counterfeit sneakers.
NEW YORK, April 16- Mexican mobile phone operator Iusacell SA de CV sued IBM Corp on Wednesday, accusing the U.S. technology giant of making fraudulent representations that caused it to lose $2.5 billion in profits. But the complaint centered on a contract that Iusacell said IBM induced it to enter into in Mexico.
SAO PAULO, April 16- With Brazil's economy struggling, a scandal at its state-run oil company and nearly three-quarters of voters saying they want change from their government, President Dilma Rousseff looks vulnerable in her bid for re-election this October.
April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.
LONDON, April 16- The top names in global mining, gathered in Chile last week, publicly shrugged off concerns that copper financing deals in China, that have locked up mountains of metal, could unravel.
CARACAS, Venezuela— When Judith Faraiz's son was near death after a severe motorcycle accident, she put his life in the hands of God and Cuban doctors.
SYDNEY, April 16- BHP Billiton is lifting its iron ore production this year to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from rivals in Australia and Brazil.
BRASILIA, April 15- The Brazilian government said on Tuesday it will aim for a higher fiscal savings goal for 2015, promising more austerity despite increasing worries of rising subsidies and slower growth in tax revenue as the economy flags.
RIO DE JANEIRO, April 15- Fundraising by private-equity and venture capital firms in Brazil is expected to rise this year, a senior industry executive said, which could help propel new acquisitions in the infrastructure, logistics and information technology sectors.
BRASILIA, April 15- Brazil's growing prosperity is allowing teenagers to stay in school for longer instead of searching for jobs to support their families, boosting the country's long-term prospects but also causing some economic headaches.
MEXICO CITY— Camila celebrated her first birthday in a blue-and-white striped dress with tulle appliques, playing with her guests in a room decorated with pink balloons, lilacs and Hello Kitty posters. "We've never had a female dog so we wanted to do something special with her," said Valery Palma, a single 35- year-old lawyer who owns Camila.
RIO DE JANEIRO, April 15- Fundraising among private-equity and venture capital firms in Brazil is expected to rise this year, a senior industry executive said, a move that could help propel a fresh round of acquisitions in the infrastructure, logistics and information technology sectors.
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.
RIO DE JANEIRO, April 14- The global private equity industry will see more listed players in coming years, focus more on emerging markets while depending less on leverage, and more on good management of their investments, a senior industry executive said on Monday.
RIO DE JANEIRO, April 14- The group representing Brazil's buyout industry is in talks with the government and lawmakers to implement a lower tax scheme on venture capital funds to help lure more money into the highly-risky segment, senior executives said on Monday.
MEXICO CITY— Mexico has announced plans to fight money laundering by using "kingpin" lists like those issued by the United States, although unlike the public U.S. list, Mexico will make its registry confidential, a Mexican official said Monday.
BOGOTA, April 14- The rally in Colombia's capital markets is set to extend at least through 2014, possibly buffering the impact from monetary tightening in the United States but also leading to more volatility, analysts said.