PANAMA CITY (Reuters) – Panama’s president, Laurentino Cortizo, said on Monday the government has presented Canadian miner First Quantum Minerals a final contract to regulate operations. C[...]
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Latin America
Remittances to Mexico drop in November amid economic crunch fears
(Reuters) – Remittances to Mexico from abroad dropped in November to $4.8 billion after a series of record months, data from the Mexican central bank showed on Monday, amid fears of a global eco[...]
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Brazil’s Haddad vows to ‘restore’ public accounts
BRASILIA (Reuters) -Brazil’s new finance minister, Fernando Haddad, said on Monday he would propose a new fiscal anchor in the first half of this year as leftist President Luiz Inacio Lula da Si[...]
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Analysis-Citgo may face new upheaval under Venezuela’s political changes
By Marianna Parraga HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday’s vote by Venezuela’s oppo[...]
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U.S. judge orders Norwegian Cruise Line to pay $110 million for use of Cuba port
By Brian Ellsworth MIAMI (Reuters) – Norwegian Cruise Line must pay $110 million in damages for use of a port that Cuba’s government confiscated in 1960, a U.S. judge ruled on Friday, a mi[...]
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Casino’s GPA prepares to spin off Colombian supermarket operator Exito
SAO PAULO (Reuters) – Brazilian retailer GPA said on Friday it had taken the first steps towards spinning off its Colombian subsidiary Almacenes Exito SA and plans to distribute its shares to ex[...]
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Panama says it rejects First Quantum’s legal bid to avoid halting operations
By Valentine Hilaire PANAMA CITY (Reuters) – The Panamanian government has rejected Canada-based miner First Quantum’s legal proceedings to avoid halting operations at the Cobre Panama min[...]
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Petrobras’ next CEO seen overseeing strategic shift with renewables focus
By Marta Nogueira, Rodrigo Viga Gaier and Maria Carolina Marcello RIO DE JANEIRO/BRASILIA (Reuters) – The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras sugge[...]
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Next Petrobras CEO says he will change company’s fuel price policy
BRASILIA (Reuters) -The incoming chief executive of Brazil’s state-run oil company Petrobras said on Friday he planned to tweak the country’s fuel price policy, but said investors need not[...]
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