South/Central America

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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AT&T

AT&T 'intrigued' by Mexico, Latin America : exec

AT&T Inc is "intrigued" by Latin America and especially Mexico and would not rule out an opportunistic deal there even as it seeks to complete its $48.5 billion planned takeover of DirecTV, an AT&T executive said at a conference on Tuesday.

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'Enough vultures, Argentina united for a national cause''

Default? What default? Argentina slams U.S. for using 'D' word

Argentina called in the United States' top diplomat in the country on Tuesday to express its "deep indignation" over a local newspaper interview in which he made reference the South American country's latest debt default.

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Brazil's Treasury Secretary Arno Augustin

Brazil assessing whether to cut key fiscal goal in 2014

The Brazilian government is assessing whether to cut its most closely watched fiscal target in 2014 because revenues came in worse than expected and onetime expenditures climbed, Treasury chief Arno Augustin told Reuters on Friday.

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Mexico

Mexico revises 2013 GDP growth up to 1.4 percent on financial sector

Mexico's economy grew at a rate of 1.4 percent in 2013, according to an upwardly revised estimate of the country's gross domestic product (GDP) reported by national statistics agency INEGI on Friday.

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Copper

Grupo Mexico dodges mine closure with $151 million toxic spill fund

Grupo Mexico and its subsidiaries on Thursday dodged losing a concession to run one of the biggest copper mines in the world as long as they comply with government obligations following a toxic spill that include creating a $151 million clean-up fund.

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Presidential candidate Marina Silva of Brazilian Socialist Party (PSB)

Brazil's Silva would cut spending, end forex intervention program

Marina Silva would push for large budget cuts and end a central bank foreign exchange program aimed at supporting the currency if she is elected Brazil’s next president in October, a senior economic adviser told Reuters on Thursday.

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DirecTV headquarters building

Univision to provide content for DirecTV online service by year end

Hispanic media giant Univision will be a major supplier of content when satellite operator DirecTV (DTV.O) launches an Internet-delivered service aimed at a Hispanic audience, according to two people with knowledge of the agreement.

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Telefonica Sa

Mexico's Salinas to buy Televisa Iusacell stake for $717 million

Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's (TLVACPO.MX) 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.

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The logo of Venezuela's oil company PDVSA

PDVSA seeks bids for Citgo in potential $10 billion deal - sources

Venezuela's state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familiar with the matter.

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Portugal Telecom

Portugal Telecom, Oi shareholders approve new merger terms

Shareholders of Portugal Telecom (PTC.LS) and Brazil's Oi (OIBR3.SA) on Monday approved the revised terms of a merger after a failed debt investment forced the Portuguese company to accept less favorable terms in the tie-up.

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Panama Canal

Tests with ships to begin on new Panama Canal locks in mid-2015

Tests with ships will begin in mid-2015 on a new set of locks that are a key component of an expansion of the Panama Canal, the waterway's chief said on Sunday.

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Mining

Peru's gold output will likely fall 20 percent this year - official

Peru's gold output will likely drop by 20 percent this year and keep falling through 2016 as aging mines churn out less of the precious metal and a government crackdown curbs informal production, a ministry official said on Friday.

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British architect Norman Foster

Architect Norman Foster and Carlos Slim's son-in-law win Mexico City airport design bid: source

Renowned British architect Norman Foster and a son-in-law of Mexican tycoon Carlos Slim have won a design contract for a new $9.15 billion airport for Mexico City, a source familiar with the decision said on Tuesday.

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Mitsubishi

Mitsubishi halts Venezuela plant due to imports snag: union

Japanese automaker Mitsubishi's (7211.T) subsidiary in Venezuela has halted operations due to a delay in the import of parts for assembly, a union official said on Friday.

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