Latin America Argentina

  • SANTIAGO, Jan 22- Package delivery company DHL will shutter its Chilean e-commerce division in April, plagued by weak results in one of Latin America's most stable and prosperous economies, Chile's Diario Financiero newspaper reported. DHL said that it would close its eCommerce division on April 12, but that the company's other package delivery divisions...

  • Clients in North America, Halliburton's biggest market by revenue, began pulling back on some drilling services last year amid transportation bottlenecks in the largest U.S. production region and after oil prices slid sharply in the fourth quarter. An oil glut and concerns about a global economic slowdown have pushed U.S. crude futures down about 30 percent...

  • Clients in North America, Halliburton's biggest market by revenue, began pulling back on some drilling services last year amid transportation bottlenecks in the largest U.S. production region and after oil prices slid sharply in the fourth quarter. An oil glut and concerns about a global economic slowdown have pushed U.S. crude futures down about 30 percent...

  • Jan 22- Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America. Clients in North America, Halliburton's biggest market by revenue, began pulling back on some drilling services last year amid transportation bottlenecks in the largest...

  • Jan 21- Latin American stocks saw their steepest one-day loss in nearly one month on Monday and currencies also weakened as negative local news added to the risk aversion from China data confirming global economic slowdown. The focus will be on the unveiling of the government's economic reforms, particularly pension reforms, by President Jair Bolsonaro's...

  • LONDON, Jan 21- Credit ratings in the developing world look set to grind lower again this year as the world economy slows, with Latin America likely to be the centre of the action-- though the news might not be all bad. "Weaker emerging and frontier market countries face the greatest risks," Moody's said, while S&P flagged Argentina, Brazil, Egypt, Lebanon, and Pakistan in...

  • SAO PAULO, Jan 19- General Motors Co has warned employees in Brazil that new investments there depend on a painful plan to return to profit in the country, according to a memo seen by Reuters on Saturday. In a message posted at Brazilian plants, GM's top executive in Brazil and Argentina, Carlos Zarlenga, said after running up a heavy loss over the past three years the...

  • Jan 18- Latin American stocks rallied sharply on Friday, with Brazil shares hitting yet another record high and Argentine stocks rising more than 2 percent, as equities around the world were cheered by the possibility of the China-U.S. trade conflict ending. "Any evidence that the U.S. and China are close to a trade agreement will result in a sustained higher...

  • *Investors warm to report of progress in U.S.- China talks. PARIS/ SINGAPORE, Jan 18- Chicago soybean futures ticked higher on Friday as a press report pointing to progress in trade negotiations between Washington and China boosted equity and commodity markets. Chicago corn and wheat were also up slightly as the renewed optimism about a possible resolution to a...

  • *Hopes of easing U.S.- China trade conflict limits losses. SINGAPORE, Jan 18- Chicago soybean futures ticked down on Friday with the market poised to finish lower for a second consecutive week on pressure from a lack of Chinese buying. The most-active soybean contract on the Chicago Board Of Trade is down around half a percent this week, the second straight weekly...

  • SYDNEY, Jan 18- U.S. soybean futures edged higher on Friday amid bets the U.S. and China would resolve their long-drawn trade dispute, though the oilseed remained on course to finish the week in negative territory. *Soybeans hit a high of $9.12 a bushel on Thursday- the highest since Jan. 11. Numerous crop watchers have scaled back their harvest forecasts for...

  • Brazil's Economy Minister Paulo Guedes is expected to detail the pension reform proposal at the World Economic Forum's annual meeting in Davos next week, a government source said on Thursday. Brazilian President Jair Bolsonaro's chief of staff earlier this week had said that the government will settle on a model for its pension reform proposal only after...

  • *Dry weather curbs outlook for Brazil crop production. CHICAGO, Jan 17- U.S. corn, soybean and wheat futures climbed for a second straight session on Thursday in a short-covering and technical bounce following a steep drop earlier this week. "We're still seeing some short covering after that large sell-off on Tuesday," said Tim Marsh, analyst with Summit...

  • *Dry weather curbs outlook for Brazil crop production. CHICAGO, Jan 17- U.S. corn, soybean and wheat futures climbed for a second straight session on Thursday in a short-covering and technical bounce following a steep drop earlier this week. "We're still seeing some short covering after that large sell-off on Tuesday," said Tim Marsh, analyst with Summit...

  • *Sudan cut off from IMF funding. KHARTOUM, Jan 17- Sudan must implement radical reforms or seek a bailout from friendly nations to pull its economy out of the downward spiral that helped trigger the nationwide protests now rocking the country, economists and bankers say. Attempts to raise bread and fuel prices to reduce the cost of subsidies sparked protests that...

  • LONDON, Jan 17- Chicago soybean futures rose for a second session on Thursday as adverse weather in South America supported prices, while wheat and corn also gained. The most-active soybean contract on the Chicago Board of Trade was up 0.4 percent at $8.98 a bushel by 1156 GMT. "Brazil's crop forecasts are being lowered, which is supporting prices but we don't...

  • WASHINGTON, Jan 16- Lenders supporting tens of thousands of American farmers on Wednesday warned White House officials that 2019 could cause more producers financial losses if the trade dispute with China is not resolved. But they warned that some farmers were about to run out of options after years of lower corn and soybean prices unless there is an end to...

  • Concerns over a prolonged trade war between Washington and Beijing rattled markets on Tuesday, triggering chart-based selling that accelerated losses and broke grains markets out of recent narrow trading ranges. "After the declines in futures prices yesterday, there was definitely an uptick in grain demand and that's one of the only supportive features in...

  • BRASILIA, Jan 16- Brazil's far-right President Jair Bolsonaro and Argentina's President Mauricio Macri said after their first meeting on Wednesday that they agreed on opposing Venezuela's authoritarian government, with Macri calling Venezuelan President Nicolas Maduro a "dictator." Argentine Foreign Minister Jorge Faurie said the only legally...

  • BRASILIA, Jan 16- Brazil's far-right President Jair Bolsonaro and Argentina's President Mauricio Macri said after their first meeting on Wednesday that they agreed on their opposition to Venezuela's authoritarian government, with Macri calling Venezuelan President Nicolas Maduro a "dictator." "Our cooperation with Argentina on the Venezuelan question...