Teresa Barger, Cartica Capital, discusses her plans to challenge Chile's CorpBanca plans to merge with the local unit of Brazilian bank Itaú.» Read More
BRASILIA/ SAO PAULO, March 11- Brazil's lower house of Congress approved on Tuesday the creation of a special committee to monitor any probes in the Netherlands of allegations that a Dutch company paid bribes to officials at state-run oil company Petrobras.
NEW YORK, March 11- Deutsche Bank's head of Latin American trading, Cristian Binaghi, is no longer working for the bank, two market sources familiar with the situation said on Tuesday. His LinkedIn profile showed that he studied at the Universidad de Buenos Aires. Deutsche Bank spokeswoman Renee Calabro in New York declined to comment on Binaghi's departure.
SAO PAULO, March 11- Moelis& Co LLC, the financial firm founded by banker Ken Moelis, opened an office in Brazil on Tuesday, the latest move by an independent investment bank into the merger and acquisitions business in Latin America's biggest economy.
*Cocoa underpinned by expected 2013/ 14 global deficit. NEW YORK/ LONDON, March 11- Arabica futures extended their steep rally on Tuesday, touching a two-year high as parts of top grower Brazil's coffee belt failed to receive enough rain, while robusta rose to a one-year high.
It's a long play, but emerging markets promise significant growth for the health-care industry, said Abbott CFO Thomas Freyman.
ATLANTA-- Media mogul Ted Turner says he's bouncing back from surgery and is looking forward to getting back to business as usual. In a statement released Monday, Turner thanked well-wishers for support while he was hospitalized in Argentina late last week for appendicitis.
GEORGE TOWN, Cayman Islands, March 10- A groom on his honeymoon got into a drunken argument with his bride aboard a flight from Atlanta to Costa Rica, forcing the Delta Air Lines aircraft to make an emergency landing on Grand Cayman island on Sunday night, authorities said.
Vice President Joe Biden calls Venezuela's situation alarming in remarks published Sunday, suggesting its government is using "armed vigilantes" against peaceful protesters and accusing it of "concocting false and outlandish conspiracy theories" about the United States.
But in the midst of a three-year increase in American tourism in Mexico, communities along the Rio Grande see potential to win back some of the tourists and revitalize an industry that has gone dormant since the cartel violence erupted south of the border.
March 9- The sudden disappearance of a Malaysia Airlines jetliner with 239 people aboard represents one of the rarest kinds of aviation disaster, and the mystery is compounded by uncertainty about which country's jurisdiction the plane came down in.
NEW YORK/ MEXICO CITY, March 7- The company at the center of an alleged fraud that forced Citigroup Inc to cut its 2013 profit won billions of dollars in contracts from Mexico's state oil monopoly over the past decade, even after Mexican officials and private lawsuits raised red flags about the contractor's activities.
The lawsuit, filed late last month in Miami-Dade Circuit Court, seeks unspecified damages from Ramos and HarperCollins Publishers, which published the Ramos book "Dying To Cross." In the book, Byron Lemus is identified as a U.S. Immigration and Customs Enforcement agent involved in the apprehension of a smuggler leader, Karla Chavez, according to the lawsuit.
BOGOTA, March 5- Some arabica coffee buyers in Colombia have ripped up supply contracts with exporters, setting off a price war for high-quality beans in the first sign a 75 percent surge in prices so far this year is starting to disrupt the market, exporters say.
RIO DE JANEIRO/ BRASILIA, March 6- Brazil's central bank said on Thursday it will remain vigilant to minimize the risk of high inflation despite some moderation in price increases, signaling it may not be done raising interest rates just yet.
SEATTLE/ MEXICO CITY/ WASHINGTON, March 5- F ederal Reserve Chair Janet Yellen vowed on Wednesday to "do all that I can" to boost a U.S. economy where unemployment is too high and inflation is too low.
NEW YORK/ LONDON, March 5- Arabica coffee futures surged above $2 per lb for the first time in two years on Wednesday, on heavy investor buying as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market.
*Cocoa moves sideways, underpinned by firm demand. NEW YORK/ LONDON, March 5- Arabica coffee futures surged on heavy investor buying on Wednesday, nearing a two-year high as concern about crop damage from a drought in top grower Brazil continued to fuel the volatile market, while raw sugar jumped to a four-month high. Cocoa on ICE Futures U.S. and Liffe were firm.
CARACAS, March 5- Followers of the late Venezuelan leader Hugo Chavez took to the streets on Wednesday to mark the anniversary of his death, a sad but welcome distraction for his successor, who has faced a month of violent protests. "He changed Venezuela forever, and we cannot go back.
CANCUN, Mexico-- Mexican authorities are investigating the killing of a 22- year-old American man who was strangled in the Caribbean resort city of Cancun over the weekend. Quintana Roo state prosecutors said Tuesday that the body of the man from Kissimmee, Florida, was found on a dirt road Sunday in Punta Sam, a residential area north of downtown Cancun.
While Venezuela has been plagued by protests against the president, the administration is not yet at risk, an analyst has told CNBC.