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Latin America

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  • MEXICO CITY, July 21- Mexico's national power company CFE said on Monday it will offer $2.8 billion in natural gas and electricity infrastructure project contracts by the end of this year aimed at boosting economic growth.

  • BRASILIA, July 21- Brazilian President Dilma Rousseff until recently appeared to be cruising toward re-election in October but she now finds herself in a tight race as an already sluggish economy takes a turn for the worse. Frustration in Brazil's biggest cities is also mounting.

  • MEXICO CITY/ NEW YORK, July 21- Preliminary findings of a probe by Citigroup's Mexican unit, Banamex, into how it lost more than $500 million in a corporate loan fraud differ markedly from the results of a separate investigation by the Mexican banking regulator.

  • New Peru law weakens environmental safeguards Sunday, 20 Jul 2014 | 12:02 AM ET

    LIMA, Peru— Dozens of international groups, the United Nations, and even Peru's own citizen ombudsman are objecting to a new law that weakens environmental protections in the Andean nation even as it prepares to host international climate-control talks this year.

  • BUENOS AIRES, July 18- Argentina signed deals on Friday to borrow $7.5 billion from China at a time when the Latin American country cannot tap global capital markets because of disputes over unpaid debt. China is Argentina's second-largest trading partner after neighbor Brazil.

  • Low corn prices favor new type of ethanol in Brazil Friday, 18 Jul 2014 | 4:18 PM ET

    SAO PAULO, July 18- Low corn prices in Brazil following a bumper crop are worrying farmers but providing favorable margins for an incipient corn-ethanol industry, said the manager of Usimat, the first Brazilian mill to produce the corn-based biofuel.

  • Brazil talks trade with European Commission head Friday, 18 Jul 2014 | 3:59 PM ET

    SAO PAULO— Brazil's president has met with the head of the European Commission to discuss ways to potentially increase trade between Europe and South America.

  • BUENOS AIRES, July 18- Argentina on Friday will sign deals to borrow $7.5 billion from China, its Cabinet chief said, at a time when the Latin American country cannot tap global capital markets due to disputes over unpaid debt.

  • China, Russia leaders seek South American inroads Friday, 18 Jul 2014 | 12:01 AM ET

    During overlapping visits to Latin America, the leaders of China and Russia have been welcomed with open arms by governments that are among the most hostile to Washington, including Cuba, Nicaragua and Venezuela.

  • BERLIN/ MEXICO CITY, July 18- German Chancellor Angela Merkel and Foreign Minister Frank-Walter Steinmeier on Thursday called for an independent, international investigation into the downing of a Malaysian airliner over eastern Ukraine.

  • MEXICO CITY, July 17- German Foreign Minister Frank-Walter Steinmeier on Thursday called for an independent, international investigation into the downing of a Malaysian airliner over eastern Ukraine.

  • BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.

  • BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.

  • *Portugal Telecom considering lawsuit targeting BES. LISBON, July 17- Banco Espirito Santo could be sued over a loan that one of its founding family's holding companies failed to repay to Portugal Telecom, sources said on Thursday, as credit rating agencies downgraded the bank and its key shareholder.

  • *Ecuador joins Colombia, Peru in group with EU trade deals. BRUSSELS/ QUITO July 17- Ecuador sealed a free-trade deal with the European Union on Thursday, giving the Andean nation greater access to the EU's 500 million consumers and offering the EU's fragile economy another market for its cars, whisky and luxury goods.

  • China, Brazil close plane, finance, infrastructure deals Thursday, 17 Jul 2014 | 12:59 PM ET

    BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.

  • SEATTLE, July 17- Microsoft Corp will slash up to 18,000 jobs, or 14 percent of its workforce, this year as it almost halves the size of its newly acquired Nokia phone business and tries to transform into a cloud-computing and mobile-friendly software company.

  • *U.S., Britain to outperform peers in industrialised world. July 17- Global growth prospects have dimmed slightly, with the United States and Britain leading industrialised economies that are not generating much inflation even after years of aggressive monetary stimulus, Reuters polls found.

  • Brazil's Embraer signs deal to send 60 E-190s to China Thursday, 17 Jul 2014 | 10:23 AM ET

    Embraer will sell 40 planes to China's Tianjin Airlines, half of which will be the re-engined model known as E-190 E2, entering service in 2018. The Industrial and Commercial Bank of China Ltd will buy 20 aircraft, following an accord in 2012 to provide leasing for Embraer planes.

  • Bolivia legalizes work by children as young as 10 Thursday, 17 Jul 2014 | 12:01 AM ET

    EL ALTO, Bolivia— Alicia weaves through El Alto's stalled traffic under a blazing sun, hawking colorful woven flowers to grumpy drivers and lovers.