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Most Brazilian Stocks Decline on Interest-Rate Concern; Petrobras Climbs
Most Brazilian stocks fell, led by retailers and other interest-rate sensitive companies, after the central bank signaled it may boost borrowing ...…
May 13 2008 12:33PM EDT
Eurasian Natural Resources Says It Won't Make Takeover Offer for Kazakhmys
Eurasian Natural Resources Corp., the Kazakh producer of ferrochrome and iron ore, won't bid for rival mining company Kazakhmys Plc two months ...…
May 13 2008 12:33PM EDT
Peruvian Economy Expanded 5.6 Percent in March, Slowest Pace Since 2006
Peru's economy grew 5.6 percent in the 12 months through March, the national statistics institute said in Lima. . . Gross domestic product rose ...…
May 13 2008 12:33PM EDT
Meirelles Says Brazil Policy Makers to Take Needed Steps Versus Inflation
Brazil central bank President Henrique Meirelles said there is an ``underlying trend of quicker inflation'' and policy makers will take the needed ...…
May 13 2008 12:33PM EDT
Mexican Benchmark Yield Climbs to Four-Month High on Rate Rise Speculation
Mexico's peso-denominated bonds fell, pushing yields on the benchmark security to a four-month high, on speculation quickening inflation will ...…
May 13 2008 12:33PM EDT
Vinci Sales Rise 17% to $11.1 Billion on Construction, European Toll-Roads
Vinci SA, the world's largest construction company, said first-quarter sales rose 17 percent on orders to build and manage bridges and highways in ...…
May 13 2008 12:33PM EDT
European Stocks Fall on Inflation Concern; Barclays, Shell Shares Decline
European stocks declined as speculation that accelerating inflation will keep central banks from lowering interest rates dragged down financial ...…
May 13 2008 12:33PM EDT
Carrefour First-Quarter Sales Climb 10% on New Stores in Brazil, Argentina
Carrefour SA, Europe's biggest retailer, said first-quarter sales rose 10 percent after it added stores in Brazil and won more shoppers in ...…
May 13 2008 12:33PM EDT
Ecuador's Annual Inflation Rate to Stay Above 5% This Year, Missing Target
Ecuador's annual inflation rate will remain above 5 percent this year, Finance Minister Fausto Ortiz said. . . Surging food prices and damage ...…
May 13 2008 10:56AM EDT
G4S Plans to Raise $539 Million in Share Sale to Cut Debt, Finance Growth
G4S Plc, the world's largest security company by market value, plans to raise a minimum 277 million pounds ($539 million) in a share sale to reduce ...…
May 13 2008 10:56AM EDT
Emerging-Market Bond Spreads Narrow on U.S. Retail Sales, Economic Outlook
Emerging-market bond yields over U.S. Treasuries narrowed the most in more than a week after a bigger- than-forecast increase in retail sales ...…
May 13 2008 10:56AM EDT
Meirelles Says Brazil Policy Makers to Take Necessary Steps vs Inflation
Brazil's central bank will continue to take the necessary steps to keep inflation in line with its target, said the bank's chief, Henrique ...…
May 13 2008 10:56AM EDT
Brazil's Real Advances on Speculation Central Bank to Keep Raising Rates
Brazil's real gained for a third day as speculation the central bank will keep raising interest rates lured investment to the country's ...…
May 13 2008 10:56AM EDT
Petrobras Rises After Larger-Than-Expected Quarterly Profit, Output Gain
Petroleo Brasileiro SA, Brazil's state-controlled oil company, rose in Sao Paulo trading after posting a larger increase in first-quarter profit ...…
May 13 2008 10:56AM EDT
European Stocks Erase Earlier Gains; Royal Dutch Shell, BG, HBOS Decline
European stocks erased earlier gains as Royal Dutch Shell Plc, Europe's biggest energy producer, and HBOS Plc, Britain's largest mortgage lender ...…
May 13 2008 10:56AM EDT
Colombia to Extradite 14 Paramilitary Leaders to U.S., El Tiempo Reports
Colombia has ordered the extradition to the U.S. of 14 paramilitary leaders, including United Self- Defense Forces leader Salvatore Mancuso, for ...…
May 13 2008 9:21AM EDT
Biofuels to Account for 63 Percent of Non-OPEC Oil Supply Growth, IEA Says
Biofuels will account for 63 percent of oil supply growth from non-OPEC countries this year, taking global production of crop-based fuel to more ...…
May 13 2008 9:21AM EDT
European Stocks Erase Losses on U.S. Sales Report; Ericsson, Nestle Gain
European stocks advanced for a second day after a U.S. report showed rising energy bills and a faltering labor market haven't stopped Americans ...…
May 13 2008 9:21AM EDT
Hispanics Lose Work, Income as U.S. Economy Slows, New York Times Reports
Latin American immigrants to the U.S. are experiencing rising unemployment and lower pay, causing many to lose homes they struggled for years to ...…
May 13 2008 7:27AM EDT
Santander Totta Plans to Sell $1.55 Billion of Three-Year Covered Bonds
Banco Santander Totta, the Portuguese unit of Spain's largest lender, plans to raise 1 billion euros ($1.55 billion) in a debut sale of covered ...…
May 13 2008 7:27AM EDT
Berlusconi Says Reviving Growth Is Top Goal, Seeks Opposition Cooperation
Italian Prime Minister Silvio Berlusconi said his new government would focus its energy on boosting economic growth and seek the backing of the ...…
May 13 2008 7:27AM EDT
China National Petroleum Will Own 40% of Venezuelan Oil Production Venture
China National Petroleum Corp., the nation's biggest oil producer, said it will own 40 percent of an oil-production venture in Venezuela. . . The ...…
May 13 2008 7:27AM EDT
Vale do Rio Doce, Japan to Cooperate on Exploration of Mineral Resources
Japan will cooperate with Brazil's Cia. Vale do Rio Doce, the world's biggest iron-ore exporter, in mineral resources exploration as it seeks ...…
May 13 2008 7:27AM EDT
Striking Argentina Farmers Win Support for Bid to Repeal Grain-Export Tax
Striking farmers in Argentina secured the support of political leaders and expanded export blockades, turning up the pressure on President Cristina ...…
May 13 2008 7:27AM EDT
Petrobras Shares May Rise as Profit Soars on Increased Output, Lower Cost
Petroleo Brasileiro SA, Brazil's state-controlled oil company, may rise in trading today after first-quarter profit increased 68 percent from a ...…
May 13 2008 7:27AM EDT
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