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  • Glencore seeking buyers Friday, 2 Oct 2015 | 10:00 AM ET
    Glencore seeking buyers

    Glencore is scrambling to sell its metal-byproducts business and agricultural business as it deals with high debt.

  • DIARY-Top Economic Events to Oct 15 Thursday, 1 Oct 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the "Macro Prudential Monetary Policy" conference hosted by the Federal Reserve Bank of Boston- 1230 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren is presenter and Federal Reserve Bank of Minneapolis President Narayana...

  • DIARY-Top Economic Events to Oct 12 Wednesday, 30 Sep 2015 | 8:01 PM ET

    WASHINGTON- European Central Bank chief Mario Draghi speaks on the occasion of the awarding of the Atlantic Council Global Citizens Award- 1330 GMT. PRAGUE- European Central Bank banking supervision chief Daniele Nouy speaks at the ESE Conference 2015 "Financial supervision in Europe- on the right track?" SALT LAKE CITY, United States- Federal Reserve Bank of San...

  • BUENOS AIRES, Sept 30- With five days to go until payment is due on a $5.9 billion maturity of Boden 15 bonds, Argentina is leaving bondholders guessing whether it will pay the whole amount in cash or launch a last-minute swap in order to protect its foreign reserves. Argentina uses those reserves to pay debt, finance imports and prop up its currency.

  • The United States and Cuba restored diplomatic relations in July after decades of hostility. Washington chipped away further at the half-century-old trade embargo this month, allowing certain companies to establish subsidiaries or joint ventures in Cuba as well as open offices, stores and warehouses in Cuba. The United States wants to strike a deal that...

  • DIARY-Top Economic Events to Oct 8 Tuesday, 29 Sep 2015 | 8:01 PM ET

    WASHINGTON- International Monetary Fund Managing Director Christine Lagarde participates in conversation hosted by the Council of Americas on global economic policies and prospects- 1430 GMT. ST. LOUIS- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Third Annual Community Banking Research and Policy...

  • UNITED NATIONS, Sept 27- Peru will confront the deforestation of its Amazon region by issuing a decree next month putting palm oil plantations under federal rather than local authority, Environment Minister Manuel Pulgar-Vidal said on Sunday. With big areas of Peru already stripped of natural vegetation, largely due to farming, Pulgar-Vidal said it was...

  • DIARY-Top Economic Events to Oct 7 Wednesday, 23 Sep 2015 | 8:01 PM ET

    AMHERST, United States- Federal Reserve Chair Janet Yellen scheduled to be at the University of Massachusetts Amherst's Department of Economics' annual Philip Gamble Memorial Lecture- 2100 GMT. HELSINKI- European Central Bank council member Erkki Liikanen will speak about monetary policy at a Bank of Finland news conference- 0800 GMT. ST. LOUIS, United States-...

  • DIARY-Top Economic Events to Oct 6 Tuesday, 22 Sep 2015 | 8:01 PM ET

    BRUSSELS- European Central Bank Chief Mario Draghi speaks at the Quarterly Hearing before the Committee on Economic and Monetary Affairs of European Parliament- 1300 GMT. COLUMBUS, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks before the Columbus Rotary Club- 1630 GMT. AMHERST, United States- Federal Reserve Chair Janet...

  • LIMA, Sept 17- Latin America is in a weaker position now to respond to external economic shocks than in 2008 at the height of the financial crisis because of higher debt and declining growth potential, an International Monetary Fund official said on Thursday. Werner said Brazil, Mexico and Colombia should build on recent reforms, and Chile and Peru should...

  • ILLAPEL, Chile, Sept 17- Residents picked through the rubble of destroyed buildings in central Chile on Thursday after a magnitude 8.3 earthquake killed 10 people and sent powerful waves barreling into coastal areas, forcing more than 1 million people from their homes. Bottles and glasses shattered and the pipes in the bathroom and kitchen burst, "said...

  • *8.3 magnitude quake hits 280 km north of Santiago. ILLAPEL, Chile, Sept 17- Residents picked through the rubble of destroyed buildings in central Chile on Thursday after a magnitude 8.3 earthquake killed eight people and sent powerful waves barreling into coastal areas, forcing more than 1 million people from their homes. The latest quake and the heavy waves...

  • *8.3 magnitude quake hits 280 km north of Santiago. SANTIAGO, Sept 16- A magnitude 8.3 earthquake struck off the coast of Chile on Wednesday, killing at least five people and slamming powerful waves into coastal towns. The quake and heavy waves caused flooding in coastal towns, damaged buildings and knocked out power in the worst hit areas of central Chile and shook...

  • SANTIAGO, Sept 16- A magnitude 8.3 earthquake hit off the coast of Chile on Wednesday, shaking buildings in the capital city of Santiago and flooding some coastal areas under a tsunami warning. At least three people were killed by the quake about 280 km north of Santiago, the biggest earthquake since 2010 to hit the world's top copper producer.

  • SANTIAGO, Sept 16- A magnitude 8.3 earthquake hit off the coast of Chile on Wednesday, shaking buildings in the capital city of Santiago and generating a tsunami warning for Chile and Peru. Chile's government urged residents to evacuate the coastline. Hazardous tsunami waves from the quake were possible along the coasts of Chile and Peru within the next several...

  • LIMA, Aug 19- Any downgrade of Peru's stock exchange to "frontier market" status by index provider MSCI Inc would likely trigger a capital outflow of $1.5 billion to $5 billion within three months, the head of Peru's bourse said on Wednesday. MSCI said last week that it was considering dropping Peru's current "emerging market" classification because of low...

  • The world’s biggest sovereign defaults Tuesday, 7 Jul 2015 | 10:07 AM ET

    With Greece and Puerto Rico’s debt-wrangling in the spotlight, CNBC takes a look at what happens when countries fail to repay their debts.

  • What all the fighting is about over Pacific trade Thursday, 14 May 2015 | 2:35 PM ET
    Sen. Elizabeth Warren, D-Mass., speaks during a United Steelworkers rally in opposition to the proposed “fast-track” bill, or trade promotion authority, in Washington, April 15, 2015.

    Although the White House won a minor victory on Wednesday, Obama's push for trade fast-track is just the beginning of the battle.

  • The cities at greatest risk for a mega-quake Wednesday, 29 Apr 2015 | 10:50 AM ET
    Nepal is still struggling to recover from the previous earthquake, which hit the country late last month

    In earthquake-prone cities, growing populations live amidst infrastructures that are unable to withstand the effects of large quakes.

  • World Bank money funds 'trail of misery': Report Thursday, 16 Apr 2015 | 5:02 PM ET
    People walk past shanty homes at Badia East slums in Lagos.

    The World Bank is failing to protect the poor and vulnerable people affected by the projects it funds says a new report.