Latin American Business - Page 5 - The Globe and Mail

June 4, 2019

FILE PHOTO: FILE PHOTO: An oil tanker is seen at Jose refinery cargo terminal in Venezuela in this undated file photo. REUTERS/Jorge Silva/File Photo/File Photo

FILE PHOTO: FILE PHOTO: An oil tanker is seen at Jose refinery cargo terminal in Venezuela in this undated file photo. REUTERS/Jorge Silva/File Photo/File Photo

Venezuelan oil exports drop 17 per cent in May as U.S. sanctions hit

June 4, 2019

U.S. President Donald Trump speaks at a joint news conference with Britain's Prime Minister Theresa May (not pictured) in London, Britain, June 4, 2019. REUTERS/Carlos Barria

U.S. President Donald Trump speaks at a joint news conference with Britain's Prime Minister Theresa May (not pictured) in London, Britain, June 4, 2019. REUTERS/Carlos Barria

Trump says he’ll likely go ahead with Mexico tariffs in response to ‘invasion’ of migrants

June 3, 2019

Mexican Foreign Affairs Secretary Marcelo Ebrard, right, accompanied by Mexican Ambassador Martha Barcena Coqui, speaks during a news conference at the Mexican Embassy in Washington, on June 3, 2019, as part of a Mexican delegation in Washington for talks following trade tariff threats from the Trump Administration.

Mexican Foreign Affairs Secretary Marcelo Ebrard, right, accompanied by Mexican Ambassador Martha Barcena Coqui, speaks during a news conference at the Mexican Embassy in Washington, on June 3, 2019, as part of a Mexican delegation in Washington for talks following trade tariff threats from the Trump Administration.

Mexico draws red line on asylum ahead of talks about Trump’s tariffs

May 10, 2019

Vale SA sets three-year outer target for restoring full iron output lost in Brazilian tailings dam collapse

Vale SA sets three-year outer target for restoring full iron output lost in Brazilian tailings dam collapse

Vale SA sets three-year outer target for restoring full iron output lost in Brazilian tailings dam collapse

May 7, 2019

FILE PHOTO: A view of the Samarco mine, owned by Vale SA and BHP Billiton Ltd, in Mariana, Brazil, April 12, 2016. REUTERS/Washington Alves/File Photo

FILE PHOTO: A view of the Samarco mine, owned by Vale SA and BHP Billiton Ltd, in Mariana, Brazil, April 12, 2016. REUTERS/Washington Alves/File Photo

BHP faces $5-billion class-action in U.K. over 2015 Brazil dam failure

May 7, 2019

Petrobras profit misses forecasts, oil output increase eyed

April 17, 2019

WASHINGTON, DC - APRIL 17: U.S. Secretary of State Mike Pompeo speaks about the Trump administration's Cuba policy during a press briefing at the U.S. Department of State, April 17, 2019 in Washington, DC. The Trump administration will allow lawsuits in U.S. courts against foreign companies that use properties that were confiscated by Communist-ruled Cuba following the 1959 revolution. The policy move marks a change in more than two decades of U.S. policy on Cuba. (Photo by Drew Angerer/Getty Images)

WASHINGTON, DC - APRIL 17: U.S. Secretary of State Mike Pompeo speaks about the Trump administration's Cuba policy during a press briefing at the U.S. Department of State, April 17, 2019 in Washington, DC. The Trump administration will allow lawsuits in U.S. courts against foreign companies that use properties that were confiscated by Communist-ruled Cuba following the 1959 revolution. The policy move marks a change in more than two decades of U.S. policy on Cuba. (Photo by Drew Angerer/Getty Images)

Canada pushes back against U.S. move to allow lawsuits against foreign firms in Cuba

April 17, 2019

FILE PHOTO: Storage tanks are seen at Ecopetrol's Castilla oil rig platform, in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez/File Photo

FILE PHOTO: Storage tanks are seen at Ecopetrol's Castilla oil rig platform, in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez/File Photo

Colombia’s state oil company trying to contain spills from bomb-damaged pipeline

April 16, 2019

Juan Guaidó, opposition leader and self-proclaimed interim president of Venezuela, speaks to supporters during a rally on the shore of Lake Maracaibo in Cabimas, Venezuela, Sunday, April 14, 2019. "We’re not going to bend our knees _ if that’s what they tell us to do," Guaidó said, as the mass of people cheered in support, shouting, "Yes we can!” (AP Photo/Fernando Llano)

Juan Guaidó, opposition leader and self-proclaimed interim president of Venezuela, speaks to supporters during a rally on the shore of Lake Maracaibo in Cabimas, Venezuela, Sunday, April 14, 2019. "We’re not going to bend our knees _ if that’s what they tell us to do," Guaidó said, as the mass of people cheered in support, shouting, "Yes we can!” (AP Photo/Fernando Llano)

Juan Guaido finds support in Venezuela’s devastated oil city Maracaibo

April 14, 2019

Taken together, three recent actions by Donald Trump are a broad assertion of presidential authority that reverses more than 50 years of practice

Taken together, three recent actions by Donald Trump are a broad assertion of presidential authority that reverses more than 50 years of practice

Trump asserts new concept of presidential power on energy projects such as stalled Keystone XL pipeline

April 12, 2019

A worker leaves a refinery of Mexico's oil company, PEMEX, in Tula, Hidalgo state, Mexico, on January 1, 2018. - President Andres Manuel Lopez Obrador urged Mexicans not to panic as gasoline shortages spread across the country, caused by a crackdown on fuel theft that risks backfiring badly. The president says the shortages were triggered by his administration's decision to temporarily close some of state oil company Pemex's pipelines -- part of his bid to wipe out rampant fuel theft that cost the country an estimated $3 billion in 2017. (Photo by Pedro PARDO / AFP)PEDRO PARDO/AFP/Getty Images

A worker leaves a refinery of Mexico's oil company, PEMEX, in Tula, Hidalgo state, Mexico, on January 1, 2018. - President Andres Manuel Lopez Obrador urged Mexicans not to panic as gasoline shortages spread across the country, caused by a crackdown on fuel theft that risks backfiring badly. The president says the shortages were triggered by his administration's decision to temporarily close some of state oil company Pemex's pipelines -- part of his bid to wipe out rampant fuel theft that cost the country an estimated $3 billion in 2017. (Photo by Pedro PARDO / AFP)PEDRO PARDO/AFP/Getty Images

Obrador aims to invest billions in Pemex to ‘rescue’ Mexico’s oil industry

April 9, 2019

A woman walks outside of Venezuela's Central Bank, in Caracas, Venezuela, in a Jan. 31, 2018, file photo.

A woman walks outside of Venezuela's Central Bank, in Caracas, Venezuela, in a Jan. 31, 2018, file photo.

Venezuela removed eight tonnes of gold from the central bank’s vaults, sources say

April 8, 2019

A technician of the Brazilian state oil company Petrobras works on the GASENE natural gas pipeline in Itabuna, Bahia state.

A technician of the Brazilian state oil company Petrobras works on the GASENE natural gas pipeline in Itabuna, Bahia state.

Caisse group’s $8.6-billion offer wins deal for majority stake in Petrobras pipeline unit

April 4, 2019

In this July 30, 2006 file photo, Mariana Jimenez walks on her farm where burst oil pipes contaminated her land earlier in the month near Lago Agrio, in Ecuador's Amazon region.

In this July 30, 2006 file photo, Mariana Jimenez walks on her farm where burst oil pipes contaminated her land earlier in the month near Lago Agrio, in Ecuador's Amazon region.

Supreme Court dismisses Ecuadorian villagers’ $9.5-billion claim against Chevron Canada

April 1, 2019

A technician of Brazilian state oil company Petrobras works on the GASENE natural gas pipeline in Itabuna, Bahia.

A technician of Brazilian state oil company Petrobras works on the GASENE natural gas pipeline in Itabuna, Bahia.

Caisse joint bid for Petrobras pipeline strengthens as competing bidders drop out

March 29, 2019

The announcement comes only four days after Codelco cancelled a major contract with SNC-Lavalin Group Inc., another potential blow for the Canadian engineering firm.

The announcement comes only four days after Codelco cancelled a major contract with SNC-Lavalin Group Inc., another potential blow for the Canadian engineering firm.

Chilean state miner Codelco reports copper production cuts, plunging profits in 2018

March 25, 2019

U.S. oil buyers turn to Shell and BP to replace Venezuelan crude in wake of sanctions

March 20, 2019

Firefighter captain Leonard Farah rescues personal belongings from houses destroyed by the mudslide, one month after the rupture of a tailings dam of mining company Vale in Corrego do Feijao, near Brumadinho, in the Brazilian state of Minas Gerais, on February 22, 2019. - Communities were devastated by the collapse of a dam that killed at least 179 people, whose bodies were found in more than two weeks of searching. The 131 people still listed as missing are presumed dead, but their bodies have not been located under the layers of muddy mining waste released when the tailings dam broke apart in the town of Brumadinho on January 25. In addition to searching for bodies, firefighters retrieve personal items and documents to rescue the memories of the residents who were buried in the mud. (Photo by DOUGLAS MAGNO / AFP)DOUGLAS MAGNO/AFP/Getty Images

Firefighter captain Leonard Farah rescues personal belongings from houses destroyed by the mudslide, one month after the rupture of a tailings dam of mining company Vale in Corrego do Feijao, near Brumadinho, in the Brazilian state of Minas Gerais, on February 22, 2019. - Communities were devastated by the collapse of a dam that killed at least 179 people, whose bodies were found in more than two weeks of searching. The 131 people still listed as missing are presumed dead, but their bodies have not been located under the layers of muddy mining waste released when the tailings dam broke apart in the town of Brumadinho on January 25. In addition to searching for bodies, firefighters retrieve personal items and documents to rescue the memories of the residents who were buried in the mud. (Photo by DOUGLAS MAGNO / AFP)DOUGLAS MAGNO/AFP/Getty Images

Executives at Brazilian miner Vale reportedly quashed safety audit before dam disaster

March 20, 2019

Venezuelan President Nicolas Maduro touches a stack of gold bars while addressing a meeting of his country's economic ministers in Caracas on March 22, 2018.

Venezuelan President Nicolas Maduro touches a stack of gold bars while addressing a meeting of his country's economic ministers in Caracas on March 22, 2018.

Citigroup reportedly plans sale of Venezuelan gold offered as loan collateral, dealing setback to Maduro

March 20, 2019

Boeing names CEO and chairman of new Embraer joint venture

March 19, 2019

General Motors to invest $2.7-billion in pair of Brazilian factories over five years

March 18, 2019

Employees install the nameplate of the Ministry of the Economy at the old Ministry of Labour and Employment building in Brasilia, Brazil, on Jan. 3, 2019.

Employees install the nameplate of the Ministry of the Economy at the old Ministry of Labour and Employment building in Brasilia, Brazil, on Jan. 3, 2019.

World’s biggest hedge fund turns bullish on Brazil

March 15, 2019

Brazil's Mines and Energy Minister Bento Albuquerque attending a ceremony in Rio de Janeiro, Brazil on Jan. 3, 2019.

Brazil's Mines and Energy Minister Bento Albuquerque attending a ceremony in Rio de Janeiro, Brazil on Jan. 3, 2019.

U.S., Brazil could collaborate on nuclear reactors, says Brazil energy minister

March 8, 2019

FILE PHOTO: Logos of ConocoPhillips are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo GLOBAL BUSINESS WEEK AHEAD

FILE PHOTO: Logos of ConocoPhillips are seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo GLOBAL BUSINESS WEEK AHEAD

Venezuela must pay ConocoPhillips more than $8-billion, World Bank rules

March 5, 2019

BMW wants details from Mexican government about future investment stability

March 3, 2019

Fabio Schvartsman, former CEO of Vale SA. (File Photo).

Fabio Schvartsman, former CEO of Vale SA. (File Photo).

Investors skeptical of Vale’s surprise CEO shakeup after deadly dam burst in Brazil

March 1, 2019

FILE- In this June 5, 2018, file photo, a roll of steel is moved at the Borusan Mannesmann Pipe manufacturing facility in Baytown, Texas. The U.S. has imposed tariffs of up to 25 percent on thousands of goods including raw metals and finished products from China, Mexico, Canada, India and the European nations, and those countries have retaliated with tariffs of their own on U.S. products ranging from agricultural products to boats. The Institute for Supply Management, said some of its members have said orders from China had fallen, that steel had become more expensive and that companies have had to take on extra inventory, an added cost, in hope of avoiding pricier raw materials. (AP Photo/David J. Phillip, File)

FILE- In this June 5, 2018, file photo, a roll of steel is moved at the Borusan Mannesmann Pipe manufacturing facility in Baytown, Texas. The U.S. has imposed tariffs of up to 25 percent on thousands of goods including raw metals and finished products from China, Mexico, Canada, India and the European nations, and those countries have retaliated with tariffs of their own on U.S. products ranging from agricultural products to boats. The Institute for Supply Management, said some of its members have said orders from China had fallen, that steel had become more expensive and that companies have had to take on extra inventory, an added cost, in hope of avoiding pricier raw materials. (AP Photo/David J. Phillip, File)

Mexico eyes more U.S. tariffs to pressure Trump over steel duties

March 1, 2019

FILE PHOTO - People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch

FILE PHOTO - People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch

Canada’s Brookfield eyes more possible Brazil acquisitions, source says

March 1, 2019

Firefighters use heavy machinery during the search for victims, one month after the rupture of a tailings dam of mining company Vale in Corrego do Feijao, near Brumadinho, in the Brazilian state of Minas Gerais, on February 22, 2019. - Communities were devastated by the collapse of a dam that killed at least 179 people, whose bodies were found in more than two weeks of searching. The 131 people still listed as missing are presumed dead, but their bodies have not been located under the layers of muddy mining waste released when the tailings dam broke apart in the town of Brumadinho on January 25. In addition to searching for bodies, firefighters retrieve personal items and documents to rescue the memories of the residents who were buried in the mud. (Photo by DOUGLAS MAGNO / AFP)DOUGLAS MAGNO/AFP/Getty Images

Firefighters use heavy machinery during the search for victims, one month after the rupture of a tailings dam of mining company Vale in Corrego do Feijao, near Brumadinho, in the Brazilian state of Minas Gerais, on February 22, 2019. - Communities were devastated by the collapse of a dam that killed at least 179 people, whose bodies were found in more than two weeks of searching. The 131 people still listed as missing are presumed dead, but their bodies have not been located under the layers of muddy mining waste released when the tailings dam broke apart in the town of Brumadinho on January 25. In addition to searching for bodies, firefighters retrieve personal items and documents to rescue the memories of the residents who were buried in the mud. (Photo by DOUGLAS MAGNO / AFP)DOUGLAS MAGNO/AFP/Getty Images

Brazil investigating Vale for possible corruption in deadly mine disaster

February 26, 2019

Manager at Brazil’s Vale told executives of risks at dam: report

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