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Business Peru

  • LIMA, May 9- Viva Air became the first low-cost airline to enter Peru's domestic market on Tuesday, posing a challenge to Santiago- based LATAM Airlines, which has long dominated the market. Viva- a unit of Irelandia Aviation, which is led by Ryanair founder Declan Ryan- will operate 11 domestic routes with a fleet of two Airbus A320 aircraft. "I know others aren't happy,...

  • A cargo ship sits docked at the Port of Seattle in Seattle, Washington.

    Reports of the demise of the TPP trade agreement may be premature, as the deal’s members consider proceeding without the U.S.

  • **BUDAPEST- Hungarian Central Bank holds non-rate-setting meeting. MANILA- Philippines Central Bank holds its monetary policy meeting. MANILA- Philippines' Central Bank Deputy Governor Diwa Guinigundo updates business executives on the Interest Rate Corridor scheme, at the Makati Shangri-La Hotel- 0130 GMT.

  • TALLINN- Prime ministers of four countries- Poland's Beata Szydlo, Estonia's Juri Ratas, Latvia's Maris Kucinskis and Lithuania's Saulius Skvernelis- will meet to discuss regional security, transport and energy. MANILA- Philippines Central Bank holds its monetary policy meeting. MUMBAI- Federal Reserve Bank of New York President William Dudley speaks on "...

  • LIMA, May 5- Peruvian miners voted on Friday to approve a national strike in June to protest "anti-labor" government proposals, Ricardo Juarez, secretary general of the National Federation of Miners, Metallurgists and Steelworkers, told Reuters. Representatives of Peru's Labor Ministry were not immediately available for comment. Zenon Mujica, secretary...

  • LIMA, May 5- Peruvian miners voted on Friday to approve a national strike in June to protest "anti-labor" government proposals, Ricardo Juarez, secretary general of the National Federation of Miners, Metallurgists and Steelworkers, told Reuters. Members of the federation, which groups several unions representing workers at mines in Peru owned by various...

  • The police, the ministry said, had requested documents from U.S. citizen John Dougherty, 61, and Canadian citizen Jennifer Moore, 42, who entered Peru earlier in April while claiming to be tourists. "The authorities have abundant information that documents that their condition has not been complied with, as they have dedicated themselves to inciting...

  • Those findings come as the semi-annual gathering of finance officials from the International Monetary Fund, the World Bank and the Group of 20 major economies kicks off in Washington, where the case against protectionist trade policies is expected to be a major theme. "For the first time in five years, all the major economies seem to be growing in sync," noted Ajay...

  • LIMA, April 19- Peru's economy will recover in coming years with investment in construction after recent flooding, likely growing 4.5 percent in 2018 and 5 percent in 2019, Finance Minister Alfredo Thorne said on Wednesday. "The shock will be temporary," Thorne said in a presentation at Lima's Chamber of Commerce. Peru's economy, which has also been hurt by...

  • SAO PAULO, April 12- Brazilian power utility Cia Energetica de Minas Gerais SA will step up efforts to renegotiate existing debt and sell assets as a way to delay 4.837 billion reais worth of debt maturities by the end of this year, executives said on Wednesday. Cemig, as the utility is known, is also considering existing options in capital markets to reduce a 52...

  • LIMA, April 9- A federal judge in Peru ordered 18 months of preventive prison pending a full trial for the sitting governor of the country's Callao region, who is accused of accepting a $4 million bribe from Brazilian construction company Odebrecht SA. In December, Odebrecht admitted publicly that it had doled out hundreds of millions in bribes to unnamed...

  • **CEBU, Philippines- Asean Finance Ministers' Investor Seminar- 0100 GMT. **BERLIN- German Banking Conference with ECB President Jens Weidmann and Eurogroup President Jeroen Dijsselbloem. CEBU, Philippines- Asean Finance and Central Bank Deputies Meeting.

  • **CEBU, Philippines- Asean Finance Ministers' Investor Seminar- 0100 GMT. **BERLIN- German Banking Conference with ECB President Jens Weidmann and Eurogroup President Jeroen Dijsselbloem. CEBU, Philippines- Asean Finance and Central Bank Deputies Meeting.

  • WEDNESDAY, APRIL 5 LONDON Monetary Policy Committee member Gertjan Vlieghe gives speech at Bloomberg 1230 GMT. SYDNEY- Economic Analysis Department Head Alex Heath participates in panel at the Bloomberg Voices event, Sydney- 0730 GMT. SYDNEY Reserve Bank of Australia Deputy Governor Guy Debelle speaks at banking event in Sydney 2240 GMT.

  • WEDNESDAY, APRIL 5 LONDON Monetary Policy Committee member Gertjan Vlieghe gives speech at Bloomberg 1230 GMT. SYDNEY- Economic Analysis Department Head Alex Heath participates in panel at the Bloomberg Voices event, Sydney- 0730 GMT. SYDNEY Reserve Bank of Australia Deputy Governor Guy Debelle speaks at banking event in Sydney 2240 GMT.

  • LIMA, March 31- Public prosecutors in Peru have opened a preliminary probe into the country's former President Alan Garcia as part of a far-reaching inquiry into bribes that Brazilian builder Odebrecht SA has acknowledged distributing to win local contracts, a source in the attorney general's office said Friday. Garcia's representatives did not...

  • LIMA, March 28- A Boeing jet operated by Peruvian Airlines caught fire on Tuesday while landing at an airport near the Andean town of Jauja in central Peru after it swerved on the runway, but there were no serious injuries, a government minister said. Peruvian Airlines said in a statement that the Boeing 737-300 jet drove off the runway for unspecified reasons...

  • LIMA, March 28- A Boeing jet operated by Peruvian Airlines caught fire on Tuesday while landing at an airport near the Andean town of Jauja in central Peru after it swerved on the runway, but there were no serious injuries, a government minister said. Peruvian Airlines said in a statement that the Boeing 737-300 jet drove off the runway for unspecified reasons...

  • LIMA, March 28- A Boeing jet operated by Peruvian Airlines caught fire on Tuesday while landing at an airport near the Andean town of Jauja in central Peru after it swerved on the runway, but there were no serious injuries, a government minister said. Peruvian Airlines said in a statement that the Boeing 737-300 jet drove off the runway for unspecified reasons...

  • LIMA, March 28- A Boeing jet operated by Peruvian Airlines caught fire on Tuesday while landing at an airport near the Andean town of Jauja in central Peru after it swerved on the runway, but there were no serious injuries, a government minister said. Peruvian Airlines said in a statement that the Boeing 737-300 jet drove off the runway for unspecified reasons...