Latin America


  • *Barclays investment bank boss Ricci unveils management shake-up- memo. LONDON, Oct 4- Barclays announced a shake up at its investment bank on Thursday as the group tries to cut costs in a tough market and reduce risks to its reputation following the Libor scandal.

  • TEXT-Fitch affirms SES at 'BBB'; outlook stable Thursday, 4 Oct 2012 | 12:01 AM ET

    Oct 4- Fitch Ratings has affirmed Luxembourg- based satellite operator SES SA's. Long-term Issuer Default Rating at' BBB' and Short-term IDR at' F2'. SES's and SES Global Americas Holding GP's senior unsecured debt has also been affirmed at' BBB'.

  • By Miranda Maxwell and Denny Thomas. MELBOURNE/ HONG KONG, Oct 4- A private equity firm founded by Chinese billionaire Yu Yong and a fund backed by state-owned China Development Bank have offered to buy Australian-listed copper explorer Discovery Metals Ltd, valung the company at about $850 million.

  • *Air Canada load factor a record 84.9 pct, traffic up. Oct 3- Canada's two largest airlines, Air Canada. The load factor on Air Canada's flights to Australia, the Caribbean, Mexico, Central and South America made the biggest jump, to 82.9 percent from 79.4 percent in the same period last year.

  • Unemployment rates for Midwestern US cities Wednesday, 3 Oct 2012 | 3:42 PM ET
  • Global private sector activity accelerated in Sept -PMI Wednesday, 3 Oct 2012 | 11:20 AM ET

    The latest expansion in global output was heavily reliant on the United States, where economic activity rose at the fastest pace since March, JPMorgan said. Britain, Brazil, Russia and Ireland also saw output increase. The index combines survey data from countries including the United States, Japan, Germany, France, Britain, China and Russia.

  • TEXT-Fitch affirms Telecom Italia 'BBB' ratings Wednesday, 3 Oct 2012 | 11:09 AM ET

    Oct 3- Fitch Ratings has affirmed Telecom Italia SpA's Long-term Issuer Default Rating and senior unsecured rating at' BBB'. The Outlook on the Long-term IDR is Negative. The senior unsecured ratings of Telecom Italia Capital and Telecom Italia Finance SA have also been affirmed at' BBB'.

  • *To transfer sales staff from South Europe to South America. AARHUS, Denmark, Oct 3- Ailing Danish wind turbine manufacturer Vestas said on Wednesday it is stopping all non-profitable projects as it battles worsening prospects by slashing costs and jobs to lift medium-term operating margins to high single digit levels.

  • JetBlue: Free flights for disgruntled voters Wednesday, 3 Oct 2012 | 10:27 AM ET

    NEW YORK-- In a marketing gimmick that piggybacks on next month's presidential election, JetBlue is offering a way for Americans to make good on threats to leave the country if "the other guy" wins.

  • Wind company ending ND jobs, creating Brazil jobs Wednesday, 3 Oct 2012 | 10:26 AM ET

    LM Wind Power said Tuesday in a statement that the Brazil plant will deliver blades to wind farms in Brazil and throughout South America.

  • Venezuela to play Nigeria in Miami soccer friendly Wednesday, 3 Oct 2012 | 10:10 AM ET

    MIAMI-- Soccer will come to the Miami Marlins' new ballpark for the first time Nov. 14 when Venezuela plays Nigeria in an international friendly. The game, announced Tuesday by Marlins officials, is one of many non-baseball events planned at the ballpark, which opened this year.

  • UPDATE 3-Seadrill looks to move from Norway, CEO quits Wednesday, 3 Oct 2012 | 10:00 AM ET

    *Seadrill may move to London, Singapore.

  • Oct 03- Fitch Ratings says that Switzerland- based Iberian Minerals Corp's' B' Long-term Issuer Default Rating with a Stable Outlook is unaffected by the issuer not proceeding with the planned USD200m bond issuance, as such, the expected rating assigned to the planned USD200m bond has been withdrawn.

  • US begins flying home deported Mexicans Wednesday, 3 Oct 2012 | 9:12 AM ET

    SAN DIEGO-- The U.S. government began flying Mexican deportees home on Tuesday in a two-month experiment aimed at relieving Mexican border cities overwhelmed by large numbers of people ordered to leave the United States, some who fall prey to criminal gangs.

  • Pearson chief executive to step down Wednesday, 3 Oct 2012 | 9:00 AM ET

    LONDON-- Pearson PLC, the U.K. publisher and education company, said Wednesday that chief executive Marjorie Scardino has decided to step down.

  • Illegal immigrant in Fla. fights for law license Wednesday, 3 Oct 2012 | 8:53 AM ET

    TALLAHASSEE, Fla.-- A Florida man's bid to become the first illegal immigrant to obtain a law license in the United States met skepticism Tuesday from most of the state's Supreme Court justices. He graduated from New College in Florida, earned a law degree from Florida State University and passed the state bar exam last year.

  • DAKAR, Oct 3- French airline Corsair International will start direct flights between Paris and Senegal's capital Dakar in December, ending Air France's.

  • CEE MARKETS 3-Zloty jumps as Poland holds rates Wednesday, 3 Oct 2012 | 8:31 AM ET

    By Jason Hovet and Krisztina Than. PRAGUE/ BUDAPEST, Oct 3- The zloty jumped half a percent on Wednesday after the Polish central bank held interest rates, surprising analysts who had expected a cut to counter a slowdown in the region's largest economy.

  • EU mergers and takeovers (Oct 3) Wednesday, 3 Oct 2012 | 7:03 AM ET

    BRUSSELS, Oct 3- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firms Carlyle and BC Partners to acquire U.S. industrial pumps maker Hamilton Sundstrand Industrial which is owned by United Technologies Corp.

  • TEXT-S&P summary: Telefonica S.A. Wednesday, 3 Oct 2012 | 6:30 AM ET

    Oct 03-============================================================================== Summary analysis-- Telefonica S.A.------------------------------- 03- Oct-2012=============================================================================== CREDIT RATING: BBB/Negative/A-2 Country: Spain Primary SIC: Telephone communications, exc. radio Mult.