Business News Peru

  • BRASILIA/ BRUSSELS, Aug 23- European leaders on Friday threatened to tear up a trade deal with South America, reflecting growing international anger at Brazil as a record number of fires in the Amazon rainforest intensified an unfolding environmental crisis. French President Emmanuel Macron called for G7 leaders to discuss the environmental crisis in...

  • BRASILIA/ SAO PAULO, Aug 22- Amid growing international criticism over the wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest alight but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General António...

  • LIMA/NEW YORK, Aug 14- Latin American cocoa could soon demand a minimum price of $3,200 per tonne if a proposal from Peru finds support at a gathering of regional producers on Thursday, one month after their counterparts in West Africa announced a shift in how they price beans. Support for a price floor in Latin America has grown since West Africa's pricing reform,...

  • CARACAS, Aug 6- Venezuela's opposition on Tuesday celebrated a sweeping U.S. sanctions order against the government of President Nicolas Maduro, saying the measure would protect Venezuela- owned U.S.-based refiner Citgo from seizure by creditors. The move comes after Guaido asked the United States to issue an executive order protecting Citgo, which...

  • CARACAS, Aug 6- Venezuela's opposition on Tuesday celebrated a sweeping U.S. sanctions order against the government of President Nicolas Maduro, saying the measure would protect Venezuela- owned U.S.-based refiner Citgo from seizure by creditors. The move comes after opposition leader Juan Guaido asked the United States to issue an executive order...

  • LIMA, Aug 5- Peru is preparing legislation to update the country's mining laws but is unlikely to make any "big changes" on taxes on mining companies, Finance Minister Carlos Oliva said on Monday. President Martin Vizcarra said last week his government would send Congress a proposal to update mining laws that date back to nearly three decades.

  • LIMA, July 16- Peruvian President Martin Vizcarra rejected the demand of a regional governor on Tuesday to cancel within 72 hours the construction permit for a copper mining project that has led to protests. Residents from the area bordering Southern Copper Corp's $1.4 billion Tia Maria copper mine project in the south of Peru, which is the second largest...

  • LIMA, July 9- The head of Peru's tax authority said on Tuesday that Telefonica's local unit partially lost a judicial dispute over some 700 million soles in alleged back taxes, but the company said a payment would be "much lower" than that. Claudia Suarez said during an event in Lima that the Supreme Court had sided with Sunat, Peru's tax superintendence, in two of five...

  • LIMA, July 9- The head of Peru's tax authority said on Tuesday that Telefonica's local unit will have to pay about 700 million soles in back taxes due to a recent judicial ruling, but the company said a payment would be "much lower" than that. Claudia Suarez said during an event in Lima that the Supreme Court had sided with Sunat, Peru's tax superintendence, in two of five...

  • LIMA/ MEXICO CITY, June 13- China's Huawei is in the process of potentially launching its "Hongmeng" operating system to replace the U.S. Data from a U.N. body showed that Huawei Technologies Co Ltd is aiming to trademark the OS in at least nine countries and Europe, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model.

  • LIMA/ SHANGHAI, June 13- China's Huawei has applied to trademark its "Hongmeng" operating system in at least nine countries and Europe, data from a U.N. body shows, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model. Huawei- the world's biggest maker of telecoms network gear- has filed for a Hongmeng trademark in...

  • LIMA/ SHANGHAI, June 13- China's Huawei has applied to trademark its "Hongmeng" operating system in at least nine countries and Europe, data from a U.N. body shows, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model. Since then, Huawei- the world's biggest maker of telecoms network gear- has filed for a Hongmeng...

  • NEW YORK/ MADRID, May 30- The holy grail for apparel brands facing rising uncertainty and cost in their global supply chains is to make their merchandise closer to the point of the sale. Entertainment companies from Walt Disney Co to Dr. "You can list overnight on Amazon all the merchandise that's for sale and then as you book sales you just make it and ship it," said...

  • *Las Bambas is one of Peru's biggest copper mines. *Report contradicts earlier statement from Peru ombudsman. LIMA, May 22- Chinese miner MMG Ltd's operations at its Las Bambas mine, one of Peru's largest copper producers, have not been disrupted and talks with an indigenous Peruvian community are ongoing, the miner said on Wednesday.

  • SYDNEY- Reserve Bank of Australia issues statement on monetary policy- 0130 GMT. WARSAW- National Bank of Poland holds monetary policy council meeting. BUDAPEST- Hungarian Central Bank to publish the minutes of its April 2019 rate-setting meeting- 1200 GMT.

  • WEDNESDAY, MAY 8 BANGKOK- Bank of Thailand monetary policy committee meeting. ZAGREB- Croatia National Bank holds monetary policy meeting. MANILA- Philippines Central Bank holds monetary policy meeting.

  • ANKARA- Central Bank of the Republic of Turkey publishes its Inflation Report ANKARA- Central Bank of the Republic of Turkey publishes summary of its monetary policy committee meeting. BUDAPEST- Hungarian central bank holds its rate-setting meeting- 1200 GMT. WEDNESDAY, MAY 1 SYDNEY- Presentation by Melissa Hope, head of Note Issue Department at Reserve Bank of...

  • BENGALURU, April 26- Major central banks are done tightening policy, according to a majority of economists polled by Reuters, with the growth outlook wilting across developed and emerging economies along with scant prospects for a surge in inflation. While that is largely reflected in bond markets, with major sovereign bond yields falling this year, global...

  • MONDAY, APRIL 29 MANILA- Philippines central bank Governor Benjamin Diokno delivers keynote address at a general members meeting of the Financial Executives Institute of the Philippines- 0400 GMT. ANKARA- Central Bank of the Republic of Turkey publishes its Inflation Report ANKARA- Central Bank of the Republic of Turkey publishes summary of its monetary...

  • MONDAY, APRIL 29 MANILA- Philippines central bank Governor Benjamin Diokno delivers keynote address at a general members meeting of the Financial Executives Institute of the Philippines- 0400 GMT. ANKARA- Central Bank of the Republic of Turkey publishes its Inflation Report ANKARA- Central Bank of the Republic of Turkey publishes summary of its monetary...