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Business Peru

  • Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.

  • Oct 11- CJL Capital Inc:. project in Peru to CJL Capital. *Says CJL will invest a minimum of $400,000 over three years and make payments.

  • The clash came to light on Thursday when British fishermen urged the British Navy to protect them following the incident near the French port of Le Havre. "Something's got to be done about this," said John Hermse, chief executive of Britain's Scallop Association.

  • MILAN, Oct 11- Insurer Unipol has lodged an appeal against conditions laid down by Italy's competition watchdog to clear its planned takeover of peer Fondiaria-SAI to create Italy's No. 2 player, two sources familiar with the matter said on Thursday.

  • MILAN, Oct 11- Italian insurer Unipol has lodged an appeal against conditions laid down by the country's competition watchdog to clear its planned takeover of peer Fondiaria-SAI to create Italy's No.2 player. Shares in Unipol ended down 1.25 percent at 1.73 euros, underperforming a 1.2 percent gain on the Milan blue chip index.

  • *Petronet may join GAIL if it gets Repsol's LNG assets. NEW DELHI, Oct 8- India's Petronet LNG has allowed gas firm GAIL to use annually 2.5 million tonnes capacity at Petronet's liquefied natural gas plant at Dahej in western India for importing the fuel, its chief executive A. K. Balyan said on Monday.

  • Oct 08- In its published report titled "Banking Industry Country Risk Assessment: Czech Republic," Standard& Poor's Ratings Services said that the Czech banking sector's main strengths are its solid core customer deposit base, industry stability and strong risk-adjusted profitability, and the country's prudent macroeconomic policies and sound government finances.

  • DUBAI, United Arab Emirates-- Just as Iran's currency was rattling near bottom after a stunning free fall, officials in Tehran opened a trade exhibition that included advanced engineering tools, heavy machinery and robotics.

  • By Andrew Torchia and Yeganeh Torbati. DUBAI, Oct 6- Tehran's Grand Bazaar reopened under close police supervision on Saturday, traders said, days after it was shut by clashes between riot police and protesters blaming the government for the collapse of the Iranian currency.

  • *XL Foods, the Alberta beef packer at the center of a massive recall, is taking full responsibility for the tainted product as questions mount over why Canadian officials let the company's plant operate for two weeks after the U.S. deemed the meat unfit to cross the border.

  • Oct 03- Fitch Ratings says that Switzerland- based Iberian Minerals Corp's' B' Long-term Issuer Default Rating with a Stable Outlook is unaffected by the issuer not proceeding with the planned USD200m bond issuance, as such, the expected rating assigned to the planned USD200m bond has been withdrawn.

  • Oct 1- Candente Copper Corp:. *Provides comment on recent community activities in Peru. *Says according to media reports in Peru, the community voted against mining.

  • Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.

  • fx_fix_1_200.jpg

    China warns on growth and the British are going shopping — it's time for your FX Fix.

  • The pre-requisites for Peru to establish a $10 billion sovereign wealth fund are in place but the mineral rich country wants to see stabilization in global commodity markets before it can finalize its plans, Luis Miguel Castilla, Peru's Finance Minister told CNBC on Friday.

  • Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.  ranks the top 30 emerging countries and grades them on many factors, including an assessment of country risk, population size, wealth as well as the country’s current retail saturation. With anemic growth in the U.S. and Europe, retailers realize that global expansion is more important than ever. This has prompted retailers to search the globe for untapped consumer market

    Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.

  • Money managers and analysts warn of tough times ahead as ongoing concerns about the euro zone debt crisis, high oil prices, and a slowdown in China threaten to bring the recent risk rally to a halt, but one analyst says Latin America is an area that may still prove profitable.

  • Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. For long-term investors that means looking for economies that have strong growth prospects driven by competitive advantages such as demographics, natural resources or geography. We've come up with a list of the ten best countries for long-term growth based on a report from HSBC titled: The World in 2050.

    Worries over the European debt crisis, a slow recovery in the U.S. and fears over a "hard landing" for China’s economy have left global investors searching for new markets to put their money in. What are the countries with the best prospects for growth?

  • The Mexican peso has been on a tear, and this strategist thinks it still has room to rise.