Business News Peru

  • LIMA, Jan 1- Peruvian President Martin Vizcarra said on Tuesday he would ask Congress to declare the public prosecutor's office in a state of emergency after the agency's top official removed two investigators at the heart of the probe into a massive graft scandal triggered by Brazilian builder Odebrecht. Vizcarra said he would personally present a bill to...

  • Soybean farmer Raymond Schexnayder Jr. overlooks his farm outside Baton Rouge, in Erwinville, Louisiana, July 9, 2018. 

    The CPTPP agreement will slash tariffs among 11 nations, making the goods of non-members such as the United States less competitive in those markets.

  • CASILLAS, Guatemala, Dec 24- A bitter drama playing out over a Guatemalan silver project forced to close by the courts has shocked miners throughout Latin America, sounding a warning to firms to approach indigenous issues more cautiously or pay the consequences. Work at the Escobal mine, where U.S.-based Tahoe Resources has invested more than $500 million, was...

  • PARIS, Dec 14- Luxury goods maker LVMH has agreed to buy Belmond, the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profile in upmarket hospitality. The Belmond deal is LVMH's largest since it spent 4.3 billion euros in 2011 to buy Bvlgari and 6.5 billion euros in 2017 to gain full control of Christian Dior.

  • PARIS, Dec 14- Luxury goods maker LVMH has agreed to buy Belmond, the owner of hotels including Venice's landmark Cipriani, for $3.2 billion including debt to increase its presence in upmarket hospitality. The Belmond deal will give it properties including the only hotel within the Machu Picchu citadel in southern Peru, Hotel Splendido in Portofino on the...

  • The initiative puts Chile at the forefront of clean mobility in Latin America as well as among developing countries worldwide. Chile has just 40 public charging stations- half of them in Santiago, according to the energy ministry. "Chile will be second only to China as a nation with the greatest quantity of electric buses in the world," Chilean President Sebastian...

  • SUNDAY, DECEMBER 9 SYDNEY- RBA Assistant Governor Christopher Kent delivers speech on US Monetary Policy and Australian Financial Conditions at the Bloomberg event, Sydney- 2130 GMT. MONDAY, DECEMBER 10 ISTANBUL- Bank of Canada Deputy Governor Timothy Lane participates in a panel discussion at Toronto Centre and Central Bank of the Republic of Turkey,...

  • WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. MUMBAI- Reserve Bank of India releases Fifth Bi-monthly Monetary Policy Statement for 2018-19. BUDAPEST- Hungarian Central Bank to publish the minutes of its November 2018 rate-setting meeting- 1300 GMT. SUNDAY, DECEMBER 9 SYDNEY- RBA Assistant Governor Christopher Kent delivers speech...

  • BUENOS AIRES, Argentina- Argentina's President Mauricio Macri meets IMF Managing Director Christine Lagarde at the government house- 2000 GMT. TUESDAY, DECEMBER 4 WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. SYDNEY- Reserve Bank of Australia holds interest rate meeting 0330 GMT.

  • BUENOS AIRES- Bank of England Governor Mark Carney participates in G20 Summit, Buenos Aires, Argentina COPENHAGEN- Danish Central Bank to publish quarterly Financial Stability report. ANKARA- Central Bank of the Republic of Turkey releases Financial Stability Report. SATURDAY, DECEMBER 1 BUENOS AIRES, Argentina- Argentina's President Mauricio Macri meets...

  • LIMA, Nov 26- Brazilian construction company Odebrecht is close to reaching a final settlement with Peruvian prosecutors over their investigation into bribes paid by Odebrecht for public works contracts in Peru, a prosecutor said on Monday. Odebrecht has admitted to paying about $30 million in bribes to win contracts in the South American country and has...

  • Mumbai, India

    In its latest Global Strategy Outlook report, Morgan Stanley upgraded emerging market stocks to "overweight" for 2019, and downgraded U.S. equities to "underweight."

  • LIMA, Nov 14- For most of this year, Walter Aduviri, the governor-elect of Peru's Andean region of Puno, had been a fugitive. The indigenous activist, 38, went into hiding after losing a sedition trial last year over deadly protests he led against Canadian mining company Bear Creek in 2011.. In his first interview with foreign media since his victory, Aduviri- who will...

  • WEDNESDAY, NOVEMBER 14 JOHANNESBURG- World Bank officials to meet Zambia finance minister and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. ZAGREB- Croatia National Bank holds monetary policy...

  • WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. BUDAPEST- Hungarian Central Bank to publish the minutes of its October 2018 rate-setting meeting 1300 GMT. SYDNEY- Panel Participation by Tony Richards, RBA Head of Payments Policy, at The Future of Financial Services Sydney Conference 2018, Sydney- 2310 GMT.

  • TUESDAY, NOVEMBER 6 SYDNEY- Reserve Bank of Australia holds interest rate meeting 0330 GMT. WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. SYDNEY- Panel Participation by Tony Richards, RBA Head of Payments Policy, at The Future of Financial Services Sydney Conference 2018, Sydney- 2310 GMT.

  • **ISRAEL- Bank of Israel holds conference in honor of governor Karnit Flug, who is leaving the bank. Among those scheduled to participate include deputy governor Nadine Baudot-Trajtenberg, OECD chief economist Laurence Boone, Czech central bank chief Jiri Rusnok, Brazil central bank head Ilan Goldfajn, Swedish deputy central bank governor Martin Floden and...

  • WELLINGTON, Oct 31- A landmark 11- member deal that will slash tariffs across much of the Asia-Pacific will come into force at the end of December, New Zealand said on Wednesday, a rare bright spot for global commerce as the U.S.- China trade war intensifies. The deal moved forward after Australia become the sixth nation to formally ratify the deal, alongside...

  • **ZAGREB Croatia Finance Minister Zdravko Maric, the Central Bank Governor Boris Vujcic, the European Commission Vice-President Valdis Dombrovskis and some other local experts will attend a conference on Croatia's path towards adopting the euro, a goal which the government wants to achieve within 6-7 years- 0800 GMT. CHISINAU National Bank of Moldova...

  • SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. SYDNEY- Panel Participation by Michele Bullock, RBA Assistant Governor, at the Sibos 2018 Conference 0300 GMT. SYDNEY- Panel Participation by Guy Debelle, RBA Deputy Governor, at the Sibos 2018 Conference 0430 GMT.