June 13- Here is the latest from Reuters on attacks on two tankers on Thursday south of the Strait of Hormuz, through which almost a fifth of the world's oil is shipped:. *There had been an engine room fire on the tanker, which was carrying a cargo of methanol from Saudi Arabia to Singapore. *A second ship, the Marshall Islands- flagged Front Altair, was "suspected of being...
June 13- Here is the latest from Reuters on attacks on two tankers on Thursday south of the Strait of Hormuz, through which almost a fifth of the world's oil is shipped:. *There had been an engine room fire on the tanker, which was carrying a cargo of methanol from Saudi Arabia to Singapore. *A second ship, the Marshall Islands- flagged Front Altair, was "suspected of being...
June 13- Here is the latest from Reuters on suspected attacks on two tankers on Thursday south of the Strait of Hormuz, through which a fifth of the Middle East's oil is shipped:. *A second ship, the Front Altair, was "suspected of being hit by a torpedo" at around 0400 GMT, said Taiwanese refiner CPC Corp, which had chartered the vessel. *All 44 sailors from the two ships have...
MEXICO CITY, June 10- Mexico and the United States may explore additional steps next month to restrict illegal immigration from Central America, with the threat of tariffs hanging over Mexico if it does not do enough to satisfy U.S. demands, officials said on Monday. Mexican Foreign Minister Marcelo Ebrard said Brazil, Panama, and Guatemala may need to be brought...
MEXICO CITY, June 10- Mexico and the United States might consider additional steps next month to restrict illegal immigration from Central America, including measures to bind Brazil and Panama into their efforts, Mexico's foreign minister said on Monday. Foreign Minister Marcelo Ebrard said the measures could be needed if a deal announced last week between...
MEXICO CITY, June 10- Mexico and the United States might consider additional steps next month to restrict illegal immigration from Central America, including measures to bind Brazil and Panama into efforts to combat the issue, Mexico's foreign minister said on Monday. Foreign Minister Marcelo Ebrard said the measures could be needed if a deal announced last...
BOGOTA, June 6- Colombia coffee shop chain Juan Valdez will focus on expanding its presence in Latin America, including returning to Mexico and debuting in Argentina, before it looks further afield to Asia and Europe, the chain's president said. The chain has some 300 stores in Colombia and 131 in 13 other countries, including Ecuador, Chile, the United States, Spain...
SINGAPORE, June 6- Shanghai copper slipped to a two-year low on Thursday, tracking falls in London's previous session, amid mounting concerns on weak metals demand due to rising trade tensions. The most-traded copper contract on the Shanghai Futures Exchange fell as much as 1.3% to 45,860 yuan a tonne, its lowest since June 2017, and was down 1% at close.
SINGAPORE, June 6- Shanghai copper plunged to a two-year low on Thursday, tracking weakness in London's overnight session, due to mounting concerns about slowing global growth and weak metals demand amid rising trade tensions. The most-traded copper contract on the Shanghai Futures Exchange fell as much as 1.3% to 45,860 yuan a tonne, its lowest since June 2017,...
PANAMA CITY, June 4- Panamanian President-elect Laurentino Cortizo said on Tuesday his incoming government would review a mining contract awarded to a subsidiary of Canada's First Quantum Minerals. While the new government values the security of contracts, "the company has to respect that we have the right as Panamanians to review clause by clause," Cortizo,...
CHICAGO/ SEATTLE May 24- United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, as the jetliner remains grounded following two fatal crashes. The worldwide grounding in March of Boeing's fast-selling aircraft followed a crash in Indonesia and another in Ethiopia that killed a combined 346...
May 24- United Airlines said on Friday it had started a management overhaul at Colombia's Avianca Holdings, removing top shareholder German Efromovich from controlling the cash-strapped airline. The move follows a default by Efromovich's holding company BRW Aviation on a $456 million loan United had made as part of a proposed three-way partnership with...
May 24- United Airlines said on Friday it was willing to loan up to $150 million to Colombian airline Avianca Holdings SA. In November, United Continental Holdings Inc finalized a three-way joint venture with carriers Avianca and Copa Airlines of Panama, giving the U.S. airline a deeper foothold in Latin America. Under the deal, United had loaned $456 million to...
SANTIAGO, May 23- Chile's Supreme Court on Thursday struck down a proposed deal on routes between carriers LATAM Airlines, American Airlines, British Airways and Iberia, upending an agreement meant to reshape international air travel in Latin America. LATAM said in a statement it was "surprised" by the decision and that it was a "step backward" for Chile.
SANTIAGO, May 23- Chile's Supreme Court on Thursday struck down a proposed joint business agreement between LATAM Airlines, the region's largest carrier, and American Airlines, British Airways and Iberia Airlines. Late last year, United Airlines, Colombia's Avianca Holdings and Panama's Copa Airlines announced a joint business agreement to share routes...
*China's copper concentrates imports: https://tmsnrt.rs/2Ea7yLk. LONDON, May 15- The refined copper market will experience supply shortfalls both this year and next, the International Copper Study Group says. The rate of demand growth is a key variable and one that is very much to the fore as copper and other industrial metal markets eye nervously slowing...
*China's copper concentrates imports: https://tmsnrt.rs/2Ea7yLk. LONDON, May 15- The refined copper market will experience supply shortfalls both this year and next, the International Copper Study Group says. The rate of demand growth is a key variable and one that is very much to the fore as copper and other industrial metal markets eye nervously slowing...
May 9- Panama's Copa Airlines said on Thursday it has "full confidence" in its Boeing 737 MAX planes, which have been grounded worldwide since March after two fatal crashes.
EXCLUSIVE- PANAMA'S NEXT PRESIDENT SAYS U.S MUST PAY MORE ATTENTION TO CENTRAL AMERICA IN FACE OF CHINA INROADS.
PANAMA CITY, May 5- Panama's electoral tribunal declared presidential front-runner Laurentino "Nito" Cortizo the winner of Sunday's election with 95 percent of votes counted, following an unexpectedly tight race. The second-place candidate, Romulo Roux, trailed two points behind and has not yet accepted defeat. The tribunal's results are preliminary, and...
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