Business Peru

  • Oct 1- Candente Copper Corp:. *Provides comment on recent community activities in Peru. *Says according to media reports in Peru, the community voted against mining.

  • Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.

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    China warns on growth and the British are going shopping — it's time for your FX Fix.

  • The pre-requisites for Peru to establish a $10 billion sovereign wealth fund are in place but the mineral rich country wants to see stabilization in global commodity markets before it can finalize its plans, Luis Miguel Castilla, Peru's Finance Minister told CNBC on Friday.

  • Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.  ranks the top 30 emerging countries and grades them on many factors, including an assessment of country risk, population size, wealth as well as the country’s current retail saturation. With anemic growth in the U.S. and Europe, retailers realize that global expansion is more important than ever. This has prompted retailers to search the globe for untapped consumer market

    Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.

  • Money managers and analysts warn of tough times ahead as ongoing concerns about the euro zone debt crisis, high oil prices, and a slowdown in China threaten to bring the recent risk rally to a halt, but one analyst says Latin America is an area that may still prove profitable.

  • Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. For long-term investors that means looking for economies that have strong growth prospects driven by competitive advantages such as demographics, natural resources or geography. We've come up with a list of the ten best countries for long-term growth based on a report from HSBC titled: The World in 2050.

    Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. What are the countries with the best prospects for growth?

  • The Mexican peso has been on a tear, and this strategist thinks it still has room to rise.

  • South Korea

    Following a dismal 2011, emerging markets could see up to a 30 percent gain this year, assuming the sovereign debt crisis in the euro zone is kept at bay, according to Geoffrey Dennis, managing director at Citi.

  • If you want to be a model, a bike messenger or a ball boy, it pays to be young. However, if you want a job in which you’re expected to convey reliability, wisdom or gravitas, people over 50 have the advantage. They’ve been around the block a few times, and they have years of hard-earned knowledge with which no amount of postgraduate education can compete.However, job-hunters over the age of 50 may be apprehensive about what’s out there. Will they be written off prematurely thanks to ageism? Will

    It pays to be young. but if you want to convey reliability, wisdom or gravitas, people over age 50 have the edge. See the new careers for workers over 50.

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    China Construction Bank is in talks to buy a bank in Brazil amid plans to open a subsidiary in Latin America’s biggest economy, according to officials and people familiar with the matter. The FT reports.

  • Peru

    Moody's may upgrade its credit rating for Peru to "Baa2" within the next year, analysts at the ratings agency said. That would put it on par with countries like Brazil and Bulgaria.

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    The G20 promises help, but riskier currencies still take a hit - it's time for your FX Fix.

  • Investors have been getting out of emerging markets lately, but has the selling gone too far? Trader Tim Seymour thinks he's found some value.

  • It may be winter in Latin America, but there are some pretty hot currencies down there. Here's a new idea for trading them.

  • Options Pits Cash out of Peru

    Southern Copper leads drop on Peru election, as fears grow that the new President will want state control of assets, with the Fast Money team.

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    The dollar is down again, the euro is twitching, and an election in Peru is casting a shadow — time for your Monday FX Fix.

  • Peru

    The turmoil in Peru may not exactly match up to what’s happening in Libya, Japan or some of the other world’s hotspots, but traders are carefully watching political upheaval in the metal-producing South American nation.

  • Bogota, Colombia

    Colombia, the fourth largest economy in South America, could see its NYSE listings double in the next year. The NYSE currently has two Colombian listings, totaling a market cap of $97.4 billion — only 7 percent of the NYSE’s Latin American total — and well behind Brazil’s 65 percent and Mexico’s 18 percent stakes.

  • Peru offers a great combo for single travelers: Rich history and culture, with great food and a diverse landscape – from desert to mountains and rainforest. And there’s something for everyone, Lonely Planet reports, from ancient ruins to neon-lit discos!  One of the top hiking trails in the world is the Inca Trail in the Andes Mountains from Cusco to Machu Picchu. Past visitors say the trek makes you feel like you are discovering these ancient ruins for the first time. You can do it in four days

    The Peruvian currency has room to rise if the government would just let it happen, says Bank of America Merrill Lynch's David Beker.