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  • SAO PAULO, July 27- The Brazilian real and Bovespa stock index were stable on Wednesday, after a session in which traders were attentive to a meeting of U.S. Markets were mostly untroubled by news that Japan will announce a $265 billion stimulus package next week, ramping up pressure for the central bank to announce complementary monetary easing following a...

  • BOSTON, July 27- U.S. companies operating in Venezuela have escalated the use of an accounting maneuver to insulate themselves from a worsening economic crisis in the South American country that has erased more than $10 billion in profits over the past 18 months. Deconsolidation means that Venezuela operations can largely no longer hurt or benefit a U.S....

  • NEW YORK, July 27- Comcast Corp reported a 5 percent drop in quarterly earnings on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. Shares of the largest U.S. cable and high-speed internet provider were up about 1.1 percent at $67.92 in afternoon...

  • NEW YORK, July 27- Comcast Corp reported a 5 percent drop in quarterly earnings on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. Second-quarter revenue rose 2.8 percent to $19.27 billion from a year earlier and slightly exceeded the analysts'...

  • LIMA, Peru _ Compania de Minas Buenaventura SAA on Tuesday reported second-quarter net income of $55.5 million, after reporting a loss in the same period a year earlier. The Lima, Peru- based company said it had profit of 22 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • decision@ SAO PAULO, July 26- The Brazilian real appreciated and the Mexican peso was stable on Tuesday, ahead of a policy decision by the U.S. Mexico's stock index fell 0.43 percent, dragged down and retailer Wal-Mart de Mexico. A slight dip in Brazil's benchmark Bovespa index was led by a drop in the shares of oil giant Petrobras and banks.

  • WEDNESDAY, JULY 27 TBILISI- National Bank of Georgia monetary policy committee meeting. POLOKWANE, South Africa- South African central bank deputy governor Daniel Mminele speaks at a business breakfast event in the city of Polokwane- 0700 GMT. THURSDAY, JULY 28 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT.

  • SANTIAGO, Chile— Plummeting economies in Venezuela and Brazil are expected to drag Latin America into negative growth again this year, the U.N.' s Economic Commission for Latin America and the Caribbean reported Tuesday. The worst performers are expected to include troubled Venezuela, with an 8 percent contraction, and Brazil, down 3.5 percent.

  • BRASILIA, July 26- Brazil's current account deficit came in much larger than expected for June as a stronger real reduced the gains of local exporters, central bank data showed on Tuesday. The commodity-exporting nation recorded a currency account gap of $2.479 billion, a bigger shortfall than the $1.5 billion expected by economists in a Reuters poll.

  • CARACAS/ BOGOTA, July 26- Even for Venezuela's notoriously opaque economy, it was a sweetheart deal that went too far. Last August, state oil company Petroleos de Venezuela SA issued one of its largest tenders in recent years: a multi-billion dollar project in the Orinoco Belt, the world's largest crude reserve. Trenaco, headquartered in Switzerland but largely...

  • CARACAS, Venezuela— Venezuela is getting some financial relief as it burns through foreign reserves to pay for imports of badly needed food and medicine. On Monday, the Latin American Reserve Fund said it approved a three-year-loan of $482 million for Venezuela* s central bank. But the Colombia- based multilateral lender, which was created by regional...

  • SANTIAGO, Chile— Latin America's largest airline has agreed to some $22 million in civil and criminal fines in connection with a scheme to pay bribes to end a labor strike in Argentina a decade ago, U.S. authorities said Monday. Chile- based carrier LATAM will pay $12.75 million to the U.S. Justice Department and $9.4 million including interest to the U.S....

  • SAO PAULO, July 25- Aurelius Capital Management LP has contacted bondholders in Oi SA's Netherlands- based units to challenge the basis of a prior restructuring accord that substantially lowered the recovery value of their bonds, seeking to gain clout in Brazil's biggest-ever bankruptcy reorganization. New York- based Aurelius, a distressed debt investment...

  • SAO PAULO— Brazilian police have arrested another man suspected of belonging to a group that allegedly discussed carrying out attacks during the Olympics. The Federal Police Department says in a brief statement posted on its website that the man turned himself in Friday night in the central-western state of Mato Grosso. Justice Minister Alexandre de Moraes...

  • NAIROBI- Central bank of Kenya monetary policy meeting- 0000 GMT. TUESDAY, JULY 26 JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at Nedbank group's annual investment summit on "the role of business in securing a more prosperous and inclusive future for all South Africans"- 0700 GMT. ANKARA- Turkey central bank to publish quarterly inflation...

  • QUITO, Ecuador— Ecuador has paid a $112 million arbitration award to Chevron Corp stemming from a 1990 s-era oil contract dispute. President Rafael Correa had threatened to withhold payment and accused the oil giant of seeking revenge for losing an unrelated drilling contamination case in which an oil consortium headed by Texaco was ordered by Ecuadorean...

  • SAO PAULO, July 22- Goldman Sachs Group Inc will invest 600 million reais in Brazilian storage company Metrofit over the next 6 years, betting on a recovery from the harshest recession since the 1930 s, a company executive said on Friday. The self storage business is growing in Brazil, despite the recession. Metrofit's competitors GuardeAqui, controlled by Sam...

  • FRIDAY, JULY 22 BEIJING- Chinese Premier Li Keqiang will hold a roundtable with World Bank President Jim Yong Kim, International Monetary Fund Managing Director Christine Lagarde, World Trade Organization Director-General Roberto Azevedo, International Labor Organization Director-General Guy Ryde, Organization for Economic Cooperation and...

  • *Arrests in Brazil raise risk aversion. Treasury long-dated debt yields fell from multi-week highs on Thursday, tracking declines in U.S. equities, as risk aversion crept back into the market with earnings disappointment at U.S. tech company Intel and news of arrests over an alleged terror plot in Brazil. Treasury prices also attracted bids on news that Brazil...

  • SAO PAULO/ LIMA, July 21- Lenders could accelerate the disbursement of a $4.125 billion loan to Peruvian gas pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian engineering group Odebrecht SA fully exits the project overseeing the construction of the pipelines, three people familiar with the matter said on Thursday. Odebrecht, which is ensnared in a...