South/Central America

Brazil's BM&F Bovespa Stock Exchange

Brazil real slumps to 2005 low, Bovespa erases 2014 gains

The Brazilian real on Thursday slumped to a 9-1/2-year low while the Bovespa stock index erased its 2014 gains as investors feared President Dilma Rousseff may defeat market-favorite candidate Aecio Neves in Sunday's presidential election.

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Nestle SA

Nestle keeps W. Africa plants open, ready to act if Ebola spreads: CEO

Nestle has no plans to close any of its eight factories or curb output in cocoa and coffee-rich West and Central Africa because of Ebola, but is ready to adapt if it spreads, the Chief Executive of the world's largest food company said on Wednesday.

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Copper refinery

Chile copper boom begins to fade as production headaches mount

The shine may soon come off Chile's decade-long copper boom as technical and regulatory problems in getting new mines into production highlight just how hard it will be to keep ratcheting up the supply.

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Venezuela's President Nicolas Maduro

Maduro says Venezuela's 2015 budget to put oil at $60 dollars

Venezuela's 2015 budget will be based on a target oil price of $60 dollars per barrel, President Nicolas Maduro said on Friday night, but he repeated expectations that prices will recover.

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Maternity hospital in Caracas

Venezuela music project helps low-income kids even before birth

When Adan Bello was born in Caracas, he barely cried. Then the Venezuelan baby's blinking eyes turned towards the calm melody of a duo of harpists playing Brahms' "Cradle Song" in the corner of a public hospital's maternity wing.

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Chiquita board rejects Cutrale-Safra offer, may weigh improved bid

The board of Chiquita Brands International Inc (CQB.N) on Thursday said a takeover bid by Brazilian juice maker Grupo Cutrale and investment firm Safra Group was "inadequate," and again recommended shareholders back a tie-up with Irish rival Fyffes Plc (FFY.I).

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CH-47F Chinook helicopter

Boeing eyes possible Chinook helicopter sale to Brazil

The Brazilian Army has expressed interest in buying a handful of Boeing Co (BA.N) CH-47 Chinook helicopters, the company said on Wednesday, saying that it continued to view Brazil as an important partner for defense and commercial projects.

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Citi's consumer banking head plans to leave: WSJ

Manuel Medina-Mora, head of Citigroup Inc's (C.N) consumer banking and chairman of the company's troubled Mexico unit, is preparing to leave in the coming months, the Wall Street Journal reported, citing people with knowledge of the situation.

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Ports tighten ship entry procedures as Ebola fears spread

Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus.

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Mexico's Grupo Aleman to buy Oceanografia

Mexico's Grupo Aleman, which owns the airline Interjet, on Wednesday said it has agreed to buy Oceanografia, the bankrupt oil services company at the center of a loan scandal that cost Citigroup more than $500 million.

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Venezuelans turn to bitcoins to bypass socialist currency controls

Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases -- and launch a little subversion.

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Carlos Slim

Slim says America Movil asset sale not just Mexican east coast

Billionaire Carlos Slim said on Tuesday that America Movil is trying to sell assets from Mexico's west Coast and the border with the United States, not just the east coast, as part of a previously announced divestiture.

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Brazil's largest fixed-line telecoms group Oi

Patrick Drahi's Altice seeks to buy Oi's Portuguese assets: source

Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters.

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Clorox products

Venezuela takes over plants left by U.S. firm Clorox

Venezuela announced on Friday the "temporary" takeover of two plants belonging to U.S. cleaning products maker Clorox Co which has left the country because of difficult economic conditions.

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An employee in JBS, goes through his tasks for the day

JBS delays $1.7 billion food unit IPO amid market slide, sources say

JBS SA, the world's largest meatpacker, has put off a plan to raise 4 billion reais ($1.7 billion) from the initial public offering of its pork, poultry and food-processing operations in Brazil, two sources with direct knowledge of the decision said.

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