Business South America

  • CARACAS/ HOUSTON, Aug 26- Venezuela's state oil company, PDVSA, has relaunched a large tender for the drilling of 600 oil wells in the world's largest crude reserves, sources with knowledge of the tender said this week, after a similar project collapsed last year amid concerns about transparency and political favoritism. Reuters reported last month that tiny...

  • Deputy Interior Minister Rodolfo Illanes, 56, was beaten to death on Thursday after being taken hostage by miners who had blocked a major highway near Panduro, around 160 km from capital city La Paz. His body was found early on Friday morning by the side of the highway that connects La Paz with the city of Oruro, wrapped in a blanket, said Edwin Blanco, the prosecutor...

  • SANTIAGO, Chile _ Vina Concha y Toro SA on Friday reported second-quarter profit of $20 million. On a per-share basis, the Santiago, Chile- based company said it had net income of 53 cents. Keywords: Vina Concha y Toro, Earnings Report.

  • LA PAZ, Aug 26- Bolivian miners lifted the roadblock where violent protests had taken place this week, a day after a government deputy minister was beaten to death, with President Evo Morales calling Friday a day of "deep pain" for the country. Deputy Interior Minister Rodolfo Illanes, 56, was killed on Thursday after being taken hostage by workers who had blocked a...

  • RIO DE JANEIRO— A trial against Brazil's president turned into a yelling match and was temporarily suspended on Friday after the head of Senate declared "stupidity is endless" and sharply criticized a colleague who had questioned the body's moral authority. The second day of the trial against President Dilma Rousseff got off to an edgy start when Senate...

  • LA PAZ, Aug 26- Bolivian miners accused of beating a government official to death lifted the roadblock where violent protests had taken place this week, with President Evo Morales calling Friday a day of "deep pain" for the country. Deputy Interior Minister Rodolfo Illanes was killed on Thursday after being taken hostage by workers who had blocked a major highway...

  • SATURDAY, AUGUST 27 SEOUL- South Korea finance minister Yoo Il-ho meets his Japanese counterpart Taro Aso- 0730 GMT. BISHKEK- National Bank of the Kyrgyz Republic interest rate decision. BRASILIA- Central Bank of Brazil holds Monetary Policy Committee Meeting.

  • BRAZILIAN POLICE INVESTIGATOR RESPONSIBLE FOR LOCHTE CASE SUGGESTS SWIMMER BE DEPOSED IN THE UNITED STATES.

  • NEW YORK— Ryan Lochte has a new sponsor— Pine Bros. Four major sponsors, including Speedo USA and Ralph Lauren, dumped Lochte on Monday, determining they no longer wanted their brands associated with the swimmer. Lochte claimed he and three other U.S. swimmers were robbed in Rio de Janeiro after their taxi was pulled over by armed men posing as police.

  • "That's something we are not so willing to grant," said Dardo Chiesa, president of Argentine Rural Confederation, one of the country's main farmers associations. Grains powerhouse Argentina is the world's No. 3 soybean exporter and top supplier of soymeal livestock feed. President Mauricio Macri was elected last year on promises of rejuvenating Argentina's...

  • HONG KONG/ SANTIAGO, Aug 25- Ningbo Shanshan Co Ltd, a Chinese manufacturer of lithium battery materials, is in advanced talks to buy a stake in Chile's Sociedad Quimica Y Minera, one of the world's biggest lithium producers, according to two sources with direct knowledge of the matter. An indirect stake in SQM has been up for sale since December, when holding company...

  • HONG KONG/ SANTIAGO, Aug 25- Ningbo Shanshan Co Ltd, a Chinese manufacturer of lithium battery materials, is in advanced talks to buy a stake in Chile's Sociedad Quimica Y Minera, one of the world's biggest lithium producers, according to two sources with direct knowledge of the matter. The deal talks highlight growing interest in the renewable battery ingredient,...

  • LONDON, Aug 25- Financial technology groups from more than 20 cities across the world plan to form a federation of' fintech' hubs this year in what would be the first attempt to coordinate and globalize web-based innovation transforming the financial industry. Innotribe, the innovation arm of financial communications provider SWIFT, and Innovate Finance, the...

  • The head of the Colombian government's delegation for peace talks Humberto de la Calle (C) and FARC guerilla member Ivan Marquez (R) shake hands at the Convention Palace in Havana on August 12, 2016.

    Colombia's government and leftist FARC rebels unveiled a peace deal to end a guerrilla war which almost made the country a failed state.

  • CHISINAU- National Bank of Moldova interest rate decision. NAIROBI- African Development Bank President Akinwumi Adesina holds a press conference to highlight Africa's economic growth progress and list structural challenges that hinder the continent from achieving rapid, inclusive and sustainable growth- 1330 GMT. SATURDAY, AUGUST 27 SEOUL- South Korea...

  • LOS ANGELES— Leslie Jones, the black "Saturday Night Live" and "Ghostbusters" actress-comedian, is again the target of racist and sexist online attacks. The hackers also appeared to have inserted a video of deceased Cincinnati Zoo gorilla Harambe and images of Jones posing with such stars as Rihanna, Kanye West and Kim Kardashian West. "Ghostbusters" filmmaker Paul...

  • SAO PAULO, Aug 24- Nippon Steel and Sumitomo Metal Corp is working on a plan to split Usinas Siderúrgicas de Minas Gerais SA into two separate units, in a last ditch attempt to end a two-year battle with Techint Group for control of the Brazilian steelmaker, two people familiar with the matter said on Wednesday. Techint Group, the other controlling shareholder of...

  • **JOHANNESBURG- South African Finance Minister Pravin Gordhan take part in a debate on the economy- 1700 GMT. **PRETORIA- South African Reserve Bank Conference on Collaboration for Building Cyber Resilience. Bank of England's Executive Director for Resolution Andrew Gracie to speak- 0615 GMT.

  • TORONTO, Aug 23- Canada's Rusoro Mining Ltd said on Tuesday it has been awarded more than $1.2 billion by a World Bank tribunal that ruled Venezuela had unlawfully seized the company's gold assets four years ago. Shares in the Vancouver- based mining firm, which is backed by Russia's Agapov family, more than doubled on Tuesday, trading for as much as 32 cents- their...