Business News South America

PARIS/ ZURICH, Oct 15- U.S. engine maker Pratt& Whitney faces new checks on engines for small jetliners after an engine failure forced a Geneva- bound Swiss jet to divert to Paris and prompted a brief grounding of the rest of the airline's Airbus A220 fleet. It came just hours after France's BEA agency launched an unusual appeal for 150 volunteers to scour an...

SAO PAULO, Oct 15- Brazilian for-profit education company Yduqs, formerly known as Estacio Participações, is in exclusive talks to acquire assets owned by Adtalem Global Education Inc, two sources with knowledge of the matter said on Tuesday. Reuters reported in August that Adtalem had put its assets in Brazil up for sale, including flagship university Ibmec,...

The full Senate is also expected to vote later on Tuesday on the bill on dividing proceeds from the blockbuster "transfer of rights" oil auction scheduled for November, upholding a lower house of parliament ruling. The division between state and city governments was also seen as a key condition for final approval this month of the government's proposed pension...

MEXICO'S EMBASSY IN QUITO HAS OFFERED PROTECTION, SHELTER TO SIX PEOPLE, INCLUDING LEGISLATORS- MEXICO FOREIGN MINISTRY.

QUITO, Oct 14- Ecuadorean President Lenin Moreno on Monday officially scrapped his own law to cut expensive fuel subsidies after days of violent protests against the IMF-backed measure, returning fuel prices to prior levels until a new measure can be found. The clashes marked the latest in a series of political convulsions sparked by IMF-backed reform plans...

QUITO, Oct 14- Ecuadorean President Lenin Moreno said on Monday that he will repeal a decree that slashed IMF-backed fuel subsidies "in coming hours," confirming that he had given into a key demand of protesters who had spent nearly two weeks agitating for its anullment. Moreno added that a new decree would be issued to ensure that resources go to those who most need...

SAO PAULO, Oct 14- Brazil's largest truckmakers are expressing optimism again about the growth prospects for Latin America's largest economy, even as the country continues to struggle to rebound from a deep recession that began in 2015.. "We are breathing optimism," said Martin Lundstedt, Volvo Group's President and CEO, who traveled to Sao Paulo to take part in...

QUITO, Oct 13- Ecuador's President Lenin Moreno said he struck a deal late on Sunday with indigenous leaders who have mobilized thousands of protesters against a decree that slashed fuel subsidies, agreeing to replace it with one that does more to help the most needy. In exchange, the indigenous leaders agreed to immediately call off protests that have rocked...

LIMA, Oct 13- The government of Ecuadorean President Lenin Moreno agreed to repeal a decree that ended fuel subsidies and will form a commission with indigenous leaders to pass a new law they can agree on, a mediator said late on Sunday. Arnaud Peral, the representative of the United Nations in Ecuador, said that indigenous leaders agreed to call off protests...

QUITO, Oct 13- Ecuadorean police battled masked men who launched homemade projectiles at them in downtown Quito on Sunday, as protesters defied a curfew that was imposed by President Lenin Moreno in a bid to quell anti-austerity unrest. An initial round of dialogue between the government and protest leaders began on Sunday after being delayed by three hours...

ECUADOR'S INTERIOR MINISTRY SAYS TWO MILIITARY VEHICLES IN QUITO HAVE BEEN SET ON FIRE.

QUITO, Oct 13- Armored military vehicles patrolled the streets of Ecuador's capital, Quito, on Sunday after police and protesters clashed and many residents defied a curfew imposed by President Lenin Moreno in a bid to quell unrest triggered by fuel subsidy cuts. Ecuadoreans posted videos on social media of burning road blockades and standoffs between crowds...

ECUADOR'S INTERIOR MINISTER SAYS VANDALS IN QUITO HAVE AGAIN SET FIRE TO COMPTROLLER'S OFFICE, SOME 500 PEOPLE HAVE DEFIED A POLICE BARRIER DOWNTOWN.

QUITO, Oct 13- Ecuador's military announced it was partially lifting a curfew on the highland capital of Quito until 8 p.m. Sunday but said it would continue to restrict movement in parts of the city's northern district. The Joint Command of the Armed Forces added in a statement that it would ensure the safety of indigenous leaders who will take part in the first...

ECUADOR'S MILITARY SAYS PARTIALLY LIFTING CURFEW IN QUITO UNTIL 8 PM SUNDAY BUT RESTRICTING MOVEMENT IN PARTS OF THE NORTH OF THE CITY- STATEMENT.

QUITO, Oct 12- An indigenous group in Ecuador behind mass protests against cuts to fuel subsidies agreed to hold talks with President Lenin Moreno, who ordered a curfew in the capital on Saturday after the latest wave of violence in the city. But the group was angered by Moreno's decision to impose a military-enforced curfew in Quito and surrounding valleys...

FIRST ROUND OF TALKS BETWEEN ECUADOREAN GOVT AND INDIGENOUS GROUPS WILL BE SUNDAY AT 3 PM IN QUITO- UNITED NATIONS IN ECUADOR ON TWITTER.

LIMA, Oct 12- Ecuadorean indigenous group Conaie said late on Saturday that it would continue anti-austerity protests after President Lenin Moreno imposed a military-enforced curfew in the capital Quito and the armed forces said they would restrict movement across the country. Conaie has led protests against the law but has rejected vandalism that swept...

SAO PAULO, Oct 11- Brazilian financial technology start-up Nubank now has 15 million clients, the firm's chief executive said on Friday, a figure which underlines the rapid growth of the Sequoia Capital- backed venture in Latin America's largest economy. Nubank founder and CEO David Vélez disclosed the figure, which marks a 25% increase from the total it...