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  • The Olympic Rings in Madureira Park in Rio de Janeiro, Brazil.

    The build-up to South America's inaugural Olympic Games on August 5 has been more than a little rocky.

  • CARACAS, Venezuela— Venezuela is getting some financial relief as it burns through foreign reserves to pay for imports of badly needed food and medicine. On Monday, the Latin American Reserve Fund said it approved a three-year-loan of $482 million for Venezuela* s central bank. But the Colombia- based multilateral lender, which was created by regional...

  • SAN PEDRO GARZA GARCIA, Mexico _ Grupo Aeroportuario del Centro Norte SAB de CV on Monday reported second-quarter earnings of $24.7 million. Grupo Aeroportuario del Centro Norte shares have risen 27 percent since the beginning of the year. Keywords: Grupo Aeroportuario del Centro Norte, Earnings Report.

  • CELAYA, Mexico _ Industrias Bachoco SAB de CV on Monday reported second-quarter profit of $86.5 million. On a per-share basis, the Celaya, Mexico- based company said it had profit of $1.73. This story was generated by Automated Insights using data from Zacks Investment Research.

  • SANTIAGO, Chile— Latin America's largest airline has agreed to some $22 million in civil and criminal fines in connection with a scheme to pay bribes to end a labor strike in Argentina a decade ago, U.S. authorities said Monday. Chile- based carrier LATAM will pay $12.75 million to the U.S. Justice Department and $9.4 million including interest to the U.S....

  • SAO PAULO, July 25- Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands- based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization. New York- based Aurelius, a distressed debt investment...

  • SAO PAULO— Brazilian police have arrested another man suspected of belonging to a group that allegedly discussed carrying out attacks during the Olympics. The Federal Police Department says in a brief statement posted on its website that the man turned himself in Friday night in the central-western state of Mato Grosso. Justice Minister Alexandre de Moraes...

  • NAIROBI- Central bank of Kenya monetary policy meeting- 0000 GMT. TUESDAY, JULY 26 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at Nedbank group's annual investment summit on "the role of business in securing a more prosperous and inclusive future for all South Africans"- 0700 GMT. ANKARA- Turkey central bank to publish quarterly inflation...

  • QUITO, Ecuador— Ecuador has paid a $112 million arbitration award to Chevron Corp stemming from a 1990 s-era oil contract dispute. President Rafael Correa had threatened to withhold payment and accused the oil giant of seeking revenge for losing an unrelated drilling contamination case in which an oil consortium headed by Texaco was ordered by Ecuadorean...

  • GUADALAJARA, Mexico _ Grupo Simec SAB de CV on Friday reported second-quarter profit of $98 million. The Guadalajara, Mexico- based company said it had profit of 61 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • 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,...