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  • SAO PAULO, July 22- Goldman Sachs Group Inc will invest 600 million reais in Brazilian storage company Metrofit over the next 6 years, betting on a recovery from the harshest recession since the 1930 s, a company executive said on Friday. The self storage business is growing in Brazil, despite the recession. Metrofit's competitors GuardeAqui, controlled by Sam...

  • MEXICO CITY, July 22- At least half the land needed to create Mexico's new special economic zones is not federally owned, and will need to be acquired in some way, the official assigned to develop them said on Friday, ruling out expropriations. In May, President Enrique Pena Nieto signed a new law targeting underdeveloped states in southern Mexico that aims to offer...

  • SANTA FE, Mexico _ Controladora Vuela Compania de Aviacion SAB. de CV on Friday reported second-quarter earnings of $49 million. The Santa Fe, Mexico- based company said it had profit of 49 cents per share.

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • NEW YORK, July 21- A U.S. senator who advocates sugar reform is pressing the Department of Commerce to seek public feedback on any sugar trade deal it negotiates with Mexico in talks now under way, according to a letter sent on Thursday. Democrat Jeanne Shaheen raised concerns in a letter seen by Reuters that a controversial 2014 trade agreement for U.S. sugar...

  • MONTERREY, July 21- Mexican glass manufacturer Vitro said on Thursday it had agreed to purchase the flat glass unit of U.S. company PPG for around $750 million, giving it a foothold in U.S. and Canadian markets. Under the deal, Monterrey- based Vitro will acquire four plants with a total of five furnaces in the United States, a flat glass investigation unit and four...

  • *Arrests in Brazil raise risk aversion. Treasury long-dated debt yields fell from multi-week highs on Thursday, tracking declines in U.S. equities, as risk aversion crept back into the market with earnings disappointment at U.S. tech company Intel and news of arrests over an alleged terror plot in Brazil. Treasury prices also attracted bids on news that Brazil...

  • SAO PAULO/ LIMA, July 21- Lenders could accelerate the disbursement of a $4.125 billion loan to Peruvian gas pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian engineering group Odebrecht SA fully exits the project overseeing the construction of the pipelines, three people familiar with the matter said on Thursday. Odebrecht, which is ensnared in a...

  • MILAN, July 21- The United States will ship its first liquefied natural gas cargo through an expanded Panama Canal next week. A day later BP Plc's British Merchant will begin passing through the Panama Canal also carrying cargo from the United States to Manzanillo on Mexico's Pacific coast, Kpler LNG said. The Panama Canal Authority confirmed the Maran Gas...

  • July 21- Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed. "Given how fragile the global economy is nearly eight years after the start of the global financial crisis,...

  • THURSDAY, JULY 21 JAKARTA- Indonesia central bank rate decision- 0700 GMT. PRETORIA- South African Reserve Bank rate decision- 1300 GMT. MONDAY, JULY 25 JERUSALEM- Bank of Israel interest rate decision- 1300 GMT.

  • BRASILIA, July 20- Brazil's central bank kept interest rates on hold for the eighth consecutive meeting on Wednesday as expected, despite a deep recession, as a new board cited concern about stubbornly high inflation and uncertainty surrounding economic reforms. In a longer and more detailed decision statement than in the past, the central bank said its...

  • BRASILIA, July 20- Brazil kept interest rates on hold for the eighth straight time on Wednesday as expected, in the first decision of a new central bank board that said it was too soon to cut rates despite a crippling recession. "The text format changed completely, but the main message remained the same: The conditions for interest rate cuts are not there yet and it...

  • MEXICO CITY _ Grupo Aeroportuario del Sureste SAB de CV on Wednesday reported second-quarter profit of $49 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share. Grupo Aeroportuario del Sureste shares have climbed 13 percent since the beginning of the year.

  • BOGOTA, Colombia— Truckers have clashed with police in Colombia's capital as part of a strike now in its sixth week. The demonstrators took control of a street Wednesday with the intention of disrupting Independence Day festivities underway in downtown Bogota. The strike has led to major disruptions in the distribution of food across Colombia with several...

  • MEXICO CITY, July 20- Canadian mining company Agnico Eagle said on Wednesday that a group of armed men stormed one of its mines in northern Mexico early on Tuesday morning, injuring a security guard and making off with a haul of silver and gold. Agnico Sonora, the company's Mexican subsidiary, did not provide an estimate of the value of the theft, but said the La India...

  • SAO PAULO, July 20- Large private and foreign groups will displace Brazil's state-led power companies in upcoming energy auctions, causing consumer electricity bills to rise as the BNDES development bank cuts long-standing loan subsidies for the domestic industry. Analysts say greater participation of foreign investors and lenders will make Brazil's...

  • NEW YORK— Spooked by headlines about Zika, terrorism and mass shootings? Standard travel insurance may cover trip cancellations if a terror attack takes place shortly before your arrival, according to Rachael Taft of SquareMouth.com, a travel insurance comparison site. For example, depending on the policy, insured travelers cancelling trips to Nice, France,...

  • July 20- From the heart of the U.S. big farm belt to Colombia, Vietnam and Indonesia, livestock producers are snapping up wheat damaged by bad weather or low in protein, providing pigs and poultry with grain more often milled for making bread. Farms in the United States, the Black Sea region, Europe and Australia have had bumper harvests, which are likely to push global...

  • See most European markets growing in H2: Electrolux

    Electrolux CEO, Jonas Samuelson discusses how the home appliance manufacturer is faring in different markets, such as Latin America and the U.S.