Business Peru

  • SAO PAULO, June 27- Odebrecht SA has sold a 57 percent stake in a Peruvian toll road project to Brookfield Asset Management Inc, as Latin America's largest engineering firm sheds assets to cope with fallout from a sweeping corruption probe on its home turf. In a statement, Salvador, Brazil- based Odebrecht said the transaction will allow it to keep a 25 percent in the...

  • LIMA, June 24- President-elect Pedro Pablo Kuczynski wants China to help transform Peru into a metals refining hub to boost the Andean country's key mining exports as prices for them slump, the incoming finance minister said. China is Peru's top trading partner and owns two major new copper mines in Peru, Chinalco Mining Corp International's Toromocho deposit...

  • A pedestrian looks at prices displayed on digital screens at a foreign currency exchange bureau in London, U.K., on Wednesday, June 22, 2016.

    While Britain possibly voting to leave the EU has been talked about in U.K. assets, the bigger question is what happens to the rest of the world.

  • The bucket of a drag line unearths phosphate at the Mosaic Co. South Fort Meade phosphate mine in Fort Meade, Florida, U.S., on Thursday, July 9, 2015.

    Mosaic, the world's top producer of concentrated phosphate, has entered talks to buy Vale's fertilizer unit, sources familiar with the matter said.

  • FRIDAY, JUNE 17 MAKATI CITY, Philippines- World Bank lead economists Jan Rutkowski and Aleksandra Posarac to discuss the report "Labor Market Review: Employment and Poverty in the Philippines"- 0300 GMT. HANOI- Asian Development Bank President Takehiko Nakao holds a press conference as he wraps up his three-day Vietnam visit- 0630 GMT. BANGKOK- Bank of Thailand...

  • Speakers: International Monetary Fund Christine Lagarde, Bank of Finland Governor Erkki Liikanen, Sveriges Riksbank Governor Stefan Ingves, Bank of Finland Governor Erkki Liikanen and Norges Bank Governor Oystein Olsen. ST.PETERBURG, Russia- 20th St. Petersburg International Economic Forum. Russian President Vladimir Putin, European Commission...

  • SINGAPORE- Monetary Authority of Singapore to release its quarterly survey of professional forecasters- 0400 GMT. WARSAW- German Finance Minister Wolfgang Schauble visits Poland JAKARTA- Indonesia central bank holds board of governors meeting. WINDHOEK- Central bank of Namibia holds monetary policy meeting- 0900 GMT.

  • MADRID/ SAO PAULO, June 14- Odebrecht SA, Latin America's largest engineering company, is in advanced talks to sell a 55 percent stake in a Peruvian gas pipeline project, and Ferrovial SA and another three companies have emerged as potential bidders, two sources familiar with the transaction said on Tuesday. Gasoducto Sur Peruano, a 30- year concession to build and...

  • Peruvian presidential candidate Pedro Pablo Kuczynski (R) of the 'Peruanos por el Kambio' (PPK-Peruvians for Change) party, flanked by his wife Nancy Lange, makes a victory announcement in Lima on June 9, 2016.

    Former World Bank economist Pedro Pablo Kuczynski won 41,438 more votes than Keiko Fujimori in Peru's photo finish presidential election.

  • Nomura declared a Trump presidency a major market risk, predicting turbulence if the presumptive Republican nominee moves into the White House.

  • woman shopping in frozen food aisle

    Several food items have been recalled this week, including junk food favorites like pizza and chicken nuggets.

  • Peru Foreign Minister PKG

    As a small economy, the TPP deal was a necessary step Peru needed to take for growth, says Magali Silva, Peru's Minister of Foreign Trade and Tourism.

  • Free trade is good for Peru: Pres. candidate

    Julio Guzman, the Everyone for Peru candidate in the upcoming presidential election, said agreements such as the TPP,is offered a tremendous opportunity for Peruvians to progress.

  • The Federal Reserve building in Washington, D.C.

    If the Federal Reserve hikes interest rates in December, only a handful of central banks around the world are expected to join it.

  • Deutsche Bank laying off 35k

    Deutsche Bank is planning to cut 35,000 jobs by 2020 and exit 10 countries as it tries to sharpen its focus.

  • Peru hosting IMF and World Bank meetings

    With the world's finance ministers and central bank governors assembled in Lima for the annual meetings of the International Monetary Fund and the World Bank, host nation Peru is increasingly being hailed as Latin America's secret success story.

  • Lima, Peru

    With finance ministers and central bank governors assembled in Lima, Peru is increasingly being hailed as Latin America's secret success story.

  • Glencore seeking buyers

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

  • 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.

  • 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.