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Business Peru

  • CANBERRA- Reserve Bank of Australia Governor Philip Lowe will appear at the House of Representatives Standing Committee on Economics. CHISINAU- National Bank of Moldova announces interest rate decision. ANKARA- Central Bank of the Republic of Turkey monetary policy meeting.

  • SAO PAULO, Feb 21- Paulo Castellari, who was named chief financial officer of Brazilian power utility Cia Energética de Minas Gerais SA only two months ago, is joining Mubadala Development Co PJSC, a source told Reuters on Tuesday. Mubadala opened an office in Rio de Janeiro early last year to spot potential opportunities in Brazil and manage local investments...

  • SINGAPORE- Federal Reserve Bank of Cleveland President Loretta Mester speaks on "View From the Federal Reserve" before the Global Interdependence Center "Central Bank Series: Singapore" event- 0115 GMT. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum- 2230 GMT. WARSAW- National Bank of Poland...

  • CAIRO- Central Bank of Egypt monetary policy committee meeting. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum- 2230 GMT. WARSAW- National Bank of Poland monetary policy council meeting.

  • BANGKOK- Bank of Thailand Governor Veerathai Santiprabhob and National Economic and Social Development Board head, Porametee Vimolsiri, to speak about the Thai economy- 0600 GMT. CAIRO- Central Bank of Egypt monetary policy committee meeting. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the Australia-Canada Economic Leadership Forum-...

  • Pedestrians walk in front of an electric quotation board flashing share prices of the world, including the Nikkei key index of the Tokyo Stock Exchange (top C), in Tokyo on February 10, 2017.

    The focus on the breakout in U.S. stocks is overshadowing an equally important event: a global stock market breakout.

  • Newspapers with the portrait of former Peruvian President (2001-2006) Alejandro Toledo on their front pages, are displayed for sale in Lima on February 10, 2017.

    U.S. authorities told Peru they aren't planning to prevent former Peruvian President Alejandro Toledo from traveling to Israel, a source said.

  • BUENOS AIRES/ SAO PAULO, Feb 9- When Argentina launched a tax amnesty program last year to bring billions of dollars back into the country, it found support from an unlikely corner: the banks whose clients had stashed money abroad. Some $400 billion in undeclared funds was being held outside Argentina, the economy was in recession and the government badly needed to...

  • BUENOS AIRES/ SAO PAULO, Feb 9- When Argentina launched a tax amnesty program last year to bring billions of dollars back into the country, it found support from an unlikely corner: the banks whose clients had stashed money abroad. Some $400 billion in undeclared funds was being held outside Argentina, the economy was in recession and the government badly needed to...

  • Two workers inspect copper plates that are to be transported in Antofagasta, Chile. The country is the world top producer of the red metal.

    Gains in copper prices are expected to pick up pace as China demand exacerbates supply shortages at large mines, Goldman Sachs said.

  • SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the A50 Australian Economic Forum dinner. MEXICO CITY- Central Bank of Mexico monetary policy statement. MANILA- Philippines Central Bank monetary policy meeting.

  • LIMA, Jan 30- The government of Peruvian President Pedro Pablo Kuczysnki said on Monday that construction of a $500 million airport had been suspended indefinitely at the request of opposition lawmakers investigating proposed changes to the contract. The Transportation and Communications Ministry said it had decided to hold off on signing the addendum...

  • LIMA, Jan 27- Brazilian construction company Odebrecht said on Friday it was willing to sell off its remaining contracts with Peru as it faces a massive graft inquiry and calls from the government to leave the Andean country. It is now negotiating settlements with prosecutors in Peru and several other countries, after striking a plea deal with authorities in...

  • LIMA, Jan 27- Brazilian construction company Odebrecht said on Friday it was willing to sell off its remaining projects and businesses in Peru as it faces a massive graft inquiry and calls from the government to leave the Andean country. It is now negotiating settlements with prosecutors in Peru and several other countries, after striking a plea deal with...

  • A way to profit from undervalued stocks outside the U.S. that doesn't require deep investing research or local market knowledge.

  • Odebrecht, the largest construction firm in Latin America, admitted to paying bribes in 12 countries, including $29 million in Peru over the course of three presidencies, as part of a settlement with the U.S. Department of Justice last month. While it is under investigation in other countries, the case is more advanced in Peru than anywhere outside of Brazil.

  • BRASILIA, Jan 18- Mexico's economy is set to grow at the slowest pace in four years in 2017, a Reuters poll showed on Wednesday, after the election of Donald Trump to the White House upended relations with its biggest trade partner and foreign investor. Forecasts for economic growth elsewhere in Latin America were also revised down for most countries, the poll...

  • *Graphic of poll results: http://tmsnrt.rs/2e7JFpt. Jan 18- The global economic outlook remains shaky, despite recent pockets of resilience, according to the overwhelming majority of economists polled by Reuters who said a rise in protectionist trade policies would hamper growth. That uncertainty is heightened by the signs of a rise in nationalist...

  • LIMA, Jan 12- Peruvian builder Grana y Montero's shares dropped by more than 12 percent on Thursday after it called its partnership with corruption-plagued Brazilian builder Odebrecht a "mistake" and said it was considering taking legal action. The company's shares closed 14.6 percent lower on Lima's bourse on Thursday and 12.15 percent weaker in New York.

  • MOSCOW- Gaidar Economics Forum 2017 to be held in Moscow. WARSAW- National Bank of Poland monetary policy meeting. VIENNA- Austrian Finance Minister Hans Joerg Schelling to speak about 2017 economy and fiscal issues- 0930 GMT.