Business Venezuela

  • BUENOS AIRES, Argentina-- Argentina announced the immediate evacuation Saturday of about 300 crew members from the ARA Libertad, a navy training ship seized in Africa nearly three weeks ago as collateral for unpaid bonds dating from the South American nation's economic crisis a decade ago.

  • KANSAS CITY, Mo.-- TransCanada Corp. has temporarily shut down its existing 2,100- mile Keystone pipeline after tests showed possible safety issues, a federal agency said Thursday.

  • SAO PAULO-- The Inter American Press Association says violence and authoritarian governments are the main problems independent press outlets face in Latin America. It says that in the past six months 13 journalists have been murdered in Mexico, Honduras, Brazil, and Ecuador "for the simple fact that they were doing their work."

  • MUMBAI, India-- India's Reliance Industries on Monday reported a 5.7 percent slide in September quarter profits from a year ago, as the company scales back investment in India's largest oil and gas fields.

  • HARTFORD, Conn.-- Documents filed in the criminal case against a Venezuelan-American financier say losses from a Connecticut- based fraud scheme could total as much as $600 million.

  • --We are placing our' BBB' long-term and' A-2' short-term ratings on Telefonica and three of its subsidiaries, and our issue ratings on Telefonica and six of its subsidiaries on CreditWatch negative.

  • CARACAS, Venezuela-- A mustachioed former bus driver who rose to become his country's top diplomat has emerged as the vice presidential pick of President Hugo Chavez as the Venezuelan leader prepares to launch a six-year term following two cancer operations.

  • LONDON, Oct 10- The shale boom has left some of the most sophisticated refineries in the United States hunting across Europe and Africa for more of the heavy residue left over from other refiners' crude distillation units, as they try to find a use for all the expensive coking units built in the last decade.

  • CARACAS, Venezuela-- A veteran of Venezuela's long-suffering political opposition compared Sunday's presidential election to a soccer game played on a hill. Opposition candidate Henrique Capriles defended a parking lot-sized goal on the downhill half while President Hugo Chavez's team manned a pixie goal on the uphill side, said Ramon Guillermo Aveledo.

  • CARACAS, Venezuela-- During his re-election campaign, President Hugo Chavez promised to deepen the "21st century socialism" that has meant an ever-greater state role in the economy. Chavez faces immediate economic time bombs beginning with a rapidly expanding public debt, one of Latin America's highest inflation rates and a weakening currency.

  • CARACAS, Venezuela-- President Hugo Chavez put to rest any doubts about his masterful political touch in winning a third consecutive six-year term after a bitterly fought race against a youthful rival who has galvanized Venezuela's opposition.

  • LONDON, Oct 8- The South African rand plunged to a new 3-1/ 2 year low against the dollar as the worst bout of labour unrest since the end of apartheid rattles the market, while growth worries weighed on broader emerging markets. The rand tumbled 2.4 percent, extending losses chalked up on Friday when Anglo American Platinum.

  • *World Bank says China economic slowdown could get worse. SINGAPORE, Oct 8- Brent crude slipped below $111 per barrel on Monday, dropping for a second straight session on concern that a fragile global economy could curb oil demand, but supply worries stemming from tension in the Middle East may help check losses.

  • Hugo Chavez Wins Venezuela Election

    Diego Moya-Ocampos, Latin America analyst at IHS Global Insight, tells CNBC, "In the end Chavez was running the show, kept broad electoral support and kept the very strong state owned media apparatus."

  • *World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.

  • *World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.

  • BUENOS AIRES, Argentina-- South American engineers are trying to tackle one of the continent's greatest natural challenges: the towering Andes mountain chain that creates a costly physical barrier for nations ever-more-dependent on trade with Asia.

  • HOUSTON-- Actress Daryl Hannah of "Splash" fame was arrested in northeast Texas on Thursday, along with a 78- year-old landowner as the pair protested an oil pipeline designed to bring crude from Canada to the Gulf Coast.

  • *Turkey- Syria conflict stokes supply fears. SINGAPORE, Oct 5- Brent futures slipped towards $112 per barrel on Friday, but were on course to end a choppy week nearly flat as rising tensions in the Middle East battle with perennial worries about the global economy and oil demand.

  • *Turkey- Syria conflict stokes supply fears. SINGAPORE, Oct 5- Brent futures slipped below $112 per barrel on Friday, but they are on course to end a choppy week nearly flat as rising tensions in the Middle East battle with perennial worries about the global economy and oil demand.