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Latin America The Bahamas

  • LONDON, Aug 28-- Copper prices extended a rally on Friday after the stock market in China recovered for a second day, but gains were capped due to continued worries about oversupply. "We are confident that not all short sales of metals in China have been already covered," said Commerzbank in a note. Copper shot up 4.2 percent on Thursday, lifted by a bounce in global stock...

  • Aug 17- The opening of the $3.5 billion Baha Mar mega-resort in the Bahamas is expected to be delayed beyond the start of the Christmas season, with the developer deep in an escalating legal battle with the Chinese companies that are providing most of the finance and construction work. Even if construction on the unfinished resort resumed this month, there is...

  • MELBOURNE, Aug 12- London nickel, copper and aluminum jolted to six-year lows on Wednesday as jitters intensified that China's currency devaluation would corrode demand, with chart based-selling smashing nickel down 15 percent before prices recovered. Beijing shocked global markets on Tuesday, a move billed as market reform but which some experts say could...

  • MELBOURNE, Aug 12- London nickel, copper and aluminium bolted to six-year lows on Wednesday as jitters intensified that China's currency devaluation would corrode demand, with chart based-selling smashing nickel down 15 percent before prices revived. Benchmark nickel on the London Metal Exchange crashed through stops at July 2015 lows, and then the $10,000...

  • July 7- The Chinese construction company building the bankrupt $3.5 billion Baha Mar resort in the Bahamas on Tuesday broke its silence and accused the developer of mismanaging the project's design and not securing adequate financing. Construction delays, funding squabbles, lagging inspections and faulty work at the Nassau resort have led to finger...

  • WILMINGTON, Delaware, July 1- The bankrupt $3.5 billion Baha Mar mega resort in the Bahamas secured up to $30 billion in interim financing on Wednesday, but it was unclear when construction on the stalled project would resume. Baha Mar's developer, Sarkis Izmirlian, the son of Armenian billionaire Dikran Izmirlian, has agreed to arrange the funding.

  • China's big ambitions stumble at Bahamas resort Tuesday, 30 Jun 2015 | 3:02 PM ET

    Nassau, Bahamas/ Beijing June 30- China's push to extend its influence in the Western Hemisphere has hit an embarrassing setback at an unfinished, $3.5 billion resort and casino project in the Bahamas. And on Monday, Baha Mar Ltd, developer of the 2,323 room resort located along Cable Beach near downtown Nassau, filed for voluntary bankruptcy protection in a...

  • LONDON, April 28- Copper edged up on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Copper has been consolidating since hitting near six-year lows in January, as unexpected supply disruptions spurred analysts to cut their 2015 surplus forecasts.

  • LONDON, April 28- Copper edged up towards a one-week high on Tuesday, helped by a weaker dollar, signs of tighter supply and expectations of further economic stimulus in China, which consumes nearly half the world's copper. Three-month copper on the London Metal Exchange had risen 0.5 percent to $6,094 a tonne by 1111 GMT, near a one-week high of $6,122 hit in the...

  • MELBOURNE, March 19- London copper rose more than 1 percent on Thursday, after dropping to a one-month low in the previous session, as the dollar sagged on indications of a later start to U.S. interest rate hikes. "It's all about the U.S. dollar and it's pretty short-term," said analyst Joel Crane at Morgan Stanley in Melbourne. London Metal Exchange copper rose 1.3...

  • *Prices for new homes in China fell at record pace in Feb. LONDON, March 18- Copper hit a three-week low on Wednesday on poor prospects in top consumer China and ahead of a Federal Reserve meeting expected to lay the groundwork for an increase to U.S. interest rates. In China there was more evidence of economic weakness after prices for new homes fell at the fastest...

  • How Do You Fight Disaster? Illness? With Huge Sales Friday, 8 Mar 2013 | 5:07 PM ET

    Cruise lines are rolling out huge discounts and extras to help potential passengers forget the disaster and illness that have plagued the industry lately. And for some -- it's working!

  • *30,000 to 40,000 will need shelter, New York mayor says. NEW YORK, Nov 4- A housing crisis loomed in New York City as victims of superstorm Sandy struggled on Sunday without heat in near-freezing temperatures, and officials fretted displaced residents would not be able to vote in Tuesday's presidential election.

  • HATTERAS ISLAND, N.C., Oct 27- Hurricane Sandy closed in on the United States on Saturday as it threatened to hit the eastern third of the country with torrential rains, high winds, major flooding and power outages a week before U.S. presidential and congressional elections.

  • UPDATE 4-Hurricane Sandy closes in on U.S. East Coast Saturday, 27 Oct 2012 | 4:16 PM ET

    HATTERAS ISLAND, N.C., Oct 27- Hurricane Sandy closed in on the United States on Saturday, where it threatens to hit the eastern third of the country with torrential rains, high winds, major flooding and power outages a week before U.S. presidential and congressional elections.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remained highly menacing as it pulled away from the Bahamas, making a slow path toward the U.S. northeast coast where it threatens to become one of the worst storms in decades.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remains a highly menacing tropical storm likely to have a major impact on the northeastern United States early next week, forecasters said.

  • MIAMI, Oct 27- Hurricane Sandy was downgraded on Saturday morning but remains a highly menacing tropical storm likely to have a major impact on the northeastern United States early next week, forecasters said.

  • MIAMI, Oct 27- Hurricane Sandy pulled away from the Bahamas on Saturday after killing at least 41 people in the Caribbean, beginning a slow march toward the U.S. East Coast where it threatens to hit as one of the worst storms in decades.

  • MIAMI, Oct 27- Hurricane Sandy pulled away from the Bahamas on Saturday after killing at least 41 people in the Caribbean, beginning a slow march toward the U.S. East Coast where it threatens to hit as one of the worst storms in decades.