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  • Brazilian oil workers go on a 24-hour strike Friday, 24 Jul 2015 | 11:41 AM ET

    SAO PAULO— Tens of thousands of workers at Brazil's state-owned Petrobras went on a nationwide 24- hour strike on Friday to protest the oil company's plans to sell $15.1 billion worth of assets by the end of next year to help pay off a debt of about $120 billion. Caroline Cavassa, a press officer for the National Oil Workers Federation, said 90 percent of the...

  • SANTIAGO, Chile— A mining contractor was shot dead early Friday in Chile after clashing with police during protests against the state-run copper giant Codelco. The Confederation of Copper Workers said that Nelson Quichillao, 47, was shot by police at 2:00 a.m. near Codelco's Salvador mine in the northern Atacama region. The state-run miner said another...

  • Brazil's unemployment rates rises Thursday, 23 Jul 2015 | 10:57 AM ET

    SAO PAULO— Brazil's government says the jobless rate in Latin America's largest country rose for the sixth straight month in June. The country's IBGE statistics bureau said Thursday that the unemployment rate in June was 6.9 percent, against 6.7 percent in May and 4.8 percent in June of last year. IBGE said that the jobless population in June remained stable at...

  • SANTIAGO, July 23- Chile's salmon farmers are using record levels of antibiotics to treat a virulent and pervasive bacteria, driving away some U.S. retailers including Costco Wholesale Corp, which is turning to antibiotic-free Norwegian salmon. Still, amid growing concerns in the U.S. food industry that heavy use of antibiotics in animals can spawn...

  • GENEVA, July 22- The Swiss Attorney General's office said on Wednesday it has widened a corruption investigation into Brazilian oil firm Petrobras to include Latin America's largest engineering and construction company, Odebrecht SA, and its subsidiaries. Marcelo Odebrecht, chief executive of Brazil- based Odebrecht SA, was arrested in Sao Paulo last month...

  • BUENOS AIRES, July 22- The front-runner in Argentina's presidential election campaign is unnerving investors with his silence over the country's notoriously inaccurate inflation reporting, while the second place candidate says data transparency would be a top priority. Buenos Aires Governor Daniel Scioli leads the campaign ahead of the Oct. 25 election.

  • SAO PAULO— Brazilian President Dilma Rousseff has been given until the end of Wednesday to provide the Federal Audit Court with her written explanation for alleged irregularities in accounting methods her government used in 2014.. They then go to Congress, which can decide whether to approve the administration's finances for the previous year.

  • BUENOS AIRES, July 22- Argentina is still struggling with a dearth of hard currency and mortgages but with a change of government later this year, investors at home and abroad are positioning themselves for a real estate market revival they say is already taking root. Local tycoon Eduardo Costantini says he launched a new gated community in his luxury Nordelta...

  • Mack-Cali reports 2Q results Wednesday, 22 Jul 2015 | 6:39 AM ET

    EDISON, N.J. _ Mack-Cali Realty Corp. on Wednesday reported a key measure of profitability in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 42 cents per share. Five analysts surveyed by Zacks expected $144.1 million.

  • DIARY-Emerging Markets Economic Events to Aug 4 Tuesday, 21 Jul 2015 | 8:01 PM ET

    PRETORIA- South African Reserve Bank interest rate decision- 1300 GMT. ANKARA- Central Bank of Turkey to hold monetary policy committee meeting to set interest rates. JERUSALEM- Bank of Israel interest rate decision- 1330 GMT.

  • SAO PAULO— Three top officials of Brazil's Camargo Correa construction company have become the first business executives to be convicted in the corruption-kickback scandal engulfing state-run oil company Petrobras. Dalton Avancini, Camargo Correa's chief executive officer; Eduardo Leite, the company's vice president; and Joao Auler, the company's...

  • RIO DE JANEIRO, July 20- Three executives of Brazil's Camargo Correa group were convicted on Monday of money laundering, corruption and other charges, the first construction-industry executives to be sentenced in a giant price fixing and bribery scandal involving state-run oil company Petrobras. The ruling was handed down by Judge Sergio Moro of Brazil's...

  • CARACAS, Venezuela— A food industry group said Monday that Venezuela's government has ordered companies to distribute food staples to a network of state-run supermarkets amid chronic shortages of basic goods. Chamber President Pablo Baraybar warned that the order could cause major supply problems. The administration of President Nicolas Maduro...

  • Belo Monte's second line will be Brazil's longest, stretching 2,500 kilometers from the hydroelectric complex in northern Para state in the Amazon jungle to southeastern Rio de Janeiro. The Chinese state-owned company, which had already won the concession for the first line in 2013, bid against Spain's Abengoa in the auction for the project estimated to...

  • July 17- U.S. exports of refined petroleum products to Latin America have soared over the past decade as strong economic growth in the region boosted demand while inadequate refinery investment limited supply. *Last year, it had pledged to invest $2.8 billion in refinery upgrades. *State-run oil company Petrobras hopes to boost the crude processing capacity of...

  • Refiners made billions by turning half of that extra supply into products such as gasoline and diesel that could be freely exported to countries including Brazil and Colombia. That is equivalent to the combined imports by Brazil and Ecuador, two of the biggest buyers of U.S. fuel, in the first four months of the year. To be sure, struggling economies, such as...

  • RIO DE JANEIRO, July 16- Brazil's state-run oil company Petroleo Brasileiro SA is working to bring domestic diesel and gasoline prices into parity with international levels in order to attract downstream buyers or partners, a company executive said on Thursday. Petrobras, as the company is known, is looking to sell assets as it battles to survive a combination...

  • SAO PAULO, July 16- Federal prosecutors in Brazil have opened a formal inquiry into whether former President Luiz Inácio Lula da Silva improperly used his connections overseas to benefit Latin America's largest engineering firm, Odebrecht SA, a spokeswoman said on Thursday. The inquiry puts the legacy of one of Brazil's most popular former leaders on the...

  • SAO PAULO, July 16- Federal prosecutors in Brazil have opened a formal inquiry into whether former President Luiz Inácio Lula da Silva improperly used his connections overseas to benefit Latin America's largest engineering firm, Odebrecht SA, a spokeswoman said on Thursday. The investigation comes a month after Brazil- based Odebrecht's chief executive...

  • July 16- Zodiac Aerospace said it is considering moving machinery from a U.S. factory crippled by a powerful explosion on Tuesday so that it can continue making aircraft interior composite panels needed by the booming aviation industry. Airbus did not immediately respond to requests for comment. Boeing and Airbus are churning out more than 100 jetliners a...