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Business South America

  • CARACAS/ SAN CRISTOBAL, Venezuela, April 19- Two Venezuelan students died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a crippling economic crisis. Opposition supporters protested in Caracas and other cities in what they called "the mother of all marches,"...

  • SAO PAULO, April 19- Brazil's federal police conducted raids on Wednesday as part of an investigation of state-controlled Caixa Econômica Federal's purchase of a stake in a consumer lender six years ago, the latest scandal rocking the nation's largest mortgage lender. Politically appointed management long held sway of Caixa, which was a key policy tool when...

  • CARACAS/ SAN CRISTOBAL, Venezuela, April 19- Two Venezuelan students died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a brutal economic crisis. Opposition supporters protested in Caracas and other cities in what they called "the mother of all marches,"...

  • CARACAS, Venezuela— President Nicolas Maduro may be struggling to feed Venezuela but his socialist administration still managed to make a $500,000 donation to Donald Trump's inauguration, records released Wednesday show. Inaugural committee records filed with the Federal Election Commission show Citgo Petroleum, a U.S. affiliate of Venezuela's state...

  • Opposition supporters protested in Caracas and other cities, denouncing Maduro for eroding democracy and plunging the oil-rich economy into chaos. Carlos Moreno, 18, a student, was on his way to play soccer in Caracas and did not plan to take part in the demonstration when government supporters approached an opposition gathering and fired shots, according to...

  • SAO PAULO, April 19- Brazil's federal police said they had conducted raids on Wednesday as part of an investigation into the purchase of Banco Panamericano SA shares by Caixa Participações SA, parent company of national savings bank Caixa Econômica Federal. Caixa Econômica Federal said in a statement it is cooperating with the investigation, which is the...

  • BRASILIA, April 19- The Brazilian government on Wednesday agreed to lower the minimum retirement age for police officers in its pension reform proposal, a day after members of their unions stormed Congress to protest the controversial bill. In the reform draft, congressman Arthur Maia, a government ally in charge of making changes to the original proposal,...

  • BRASILIA, April 19- Brazilian lawmakers have agreed to set for May 2 the initial vote at a special lower house commission on the government's controversial pension reform, the head of the commission Carlos Marun said on Wednesday.

  • SAO PAULO, April 19- Brazil's federal police said they had conducted raids on Wednesday as part of an investigation into the purchase of Banco Panamericano SA shares by Caixa Participações SA, parent company of national savings bank Caixa Econômica Federal. Caixa Econômica Federal said in a statement it is cooperating with the investigation, which is the...

  • SAO PAULO, April 19- Brazil's federal police said they had conducted raids on Wednesday as part of an investigation into the purchase of Banco Panamericano SA shares by Caixa Participações SA, parent company of national savings bank Caixa Econômica Federal. Police said 30 of the search warrants were carried out in São Paulo, six in Rio de Janeiro and six in...

  • SAO PAULO, April 19- Brazil's federal police said they had launched raids on Wednesday as part of an investigation into the purchase of Banco Panamericano SA shares by Caixa Participações SA, parent company of national savings bank Caixa Econômica Federal. Police said 30 of the search warrants were carried out in São Paulo, six in Rio de Janeiro and six in the...

  • LONDON, April 19- Copper rebounded on Wednesday from a 14- week low as investors judged that a sell-off in industrial metals sparked by political uncertainties ranging from North Korea to a snap UK general election had been overdone. *LME COPPER: Three-month copper on the London Metal Exchange was up 1.1 percent at $5,635 a tonne at 1059 GMT.

  • MELBOURNE, April 19- London copper climbed away from its weakest since January as the dollar dropped on Wednesday, but concerns China's base metals demand could temper in the coming quarter as Beijing acts on runaway property prices capped gains. *SHFE: Shanghai Futures Exchange copper cut losses to 1 percent at 45,840 yuan a tonne, after dipping as low as 45,110...

  • TIMBO VIEJO, Argentina— President Donald Trump appears to have soured on Argentine lemons— at least on his predecessor's decision to end a 16- year ban on imports of the fruit. In December, President Barack Obama's administration said it would lift the ban on Argentine lemons, which had been imposed following complaints by producers in California that they...

  • BRASILIA, April 18- Brazil's lower house of Congress on Tuesday approved the main text of a bill granting debt relief to cash-strapped states that adopt belt-tightening measures, in a victory for President Michel Temer's austerity program. Late last year, the lower house surprised Temer by scrapping those austerity requirements, forcing him to reintroduce...

  • MELBOURNE, April 19- London copper hovered close to its weakest since January on Wednesday, on concerns China's base metals demand could temper in the coming quarter following a wobble in steel. *Shanghai zinc declined 3.8 percent, following similar losses in London overnight, while Shfe nickel fell 3 percent, having tracked a steep slide on the LME in the...

  • BUENOS AIRES, April 18- Mexico, seeking closer ties with the rest of Latin America, expects to finish negotiations on a trade deal with Argentina involving cars and agricultural products around the end of the year, Mexico's deputy minister for foreign trade said in an interview on Tuesday. Mexico has been trying to diversify its trade partners since Donald Trump...

  • BUENOS AIRES, April 18- Mexico expects to finish negotiations on a trade deal with Argentina involving cars and agricultural products around the end of the year, Mexico's deputy minister for foreign trade said in an interview on Tuesday. Mexico has been trying to diversify its trade partners since Donald Trump was elected president of the United States and is...

  • EUSTATIUS/ HOUSTON, April 18- Venezuela's state-run oil company, PDVSA, sent a tanker in October to the Caribbean with the expectation that its cargo of crude would fetch about $20 million- money the crisis-stricken nation desperately needs. Despite a longstanding alliance between Venezuela and Russia, Sovcomflot sued PDVSA in St. Maarten, a Dutch island on the...

  • EUSTATIUS/ HOUSTON, April 18- Venezuela's state-run oil company, PDVSA, sent a tanker in October to the Caribbean with the expectation that its cargo of crude would fetch about $20 million- money the crisis-stricken nation desperately needs. Despite a longstanding alliance between Venezuela and Russia, Sovcomflot sued PDVSA in St. Maarten, a Dutch island on the...