By Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s Petrobras may look abroad for future growth, two sources with knowledge of the state-run firm’s plans told Reuters, after enviro[...]
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Latin America
US asks Mexico to review alleged denial of workers’ rights at Draxton facility
By Kanishka Singh WASHINGTON (Reuters) – The United States has asked Mexico to review whether workers at a Draxton facility in the Mexican city of Irapuato were being denied the rights to freedo[...]
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Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank
By Anthony Esposito MEXICO CITY (Reuters) – Mexico is evaluating whether buying Citigroup Inc’s Mexican consumer unit would help boost financial inclusion, potentially in combination with[...]
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Analysis-Mexico’s gasoline independence dream sinks in dirty fuel oil glut
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s president took office in late 2018 pledging to boost local output of gasoline while phasing out imports, but so far state refineries[...]
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Mexico’s Femsa to sell stake in Jetro for $1.4 billion
MEXICO CITY (Reuters) -Mexican retail and bottling giant Femsa said Wednesday it had reached a “definitive” agreement to sell its stake in Jetro Restaurant Depot for $1.4 billion, furtheri[...]
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Claims pursuing Citgo’s assets surpass $20 billion -supervisory board
HOUSTON/CARACAS (Reuters) – A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum’s assets surpass $20 billion, making it difficult for the Houston-base[...]
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Brazil’s economy likely surged back in Q1 powered by record crops: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy likely surged back to growth in the first quarter of the year, powered by record-breaking crops and solid crude oil output that m[...]
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Carrots and sticks: Venezuela’s new oil chief targets graft, courts workers
By Tibisay Romero, Deisy Buitrago and Marianna Parraga VALENCIA/CARACAS (Reuters) – The new CEO of Venezuelan state-run PDVSA is targeting endemic corruption at the financially troubled oil comp[...]
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Chile wants to start lithium negotiations with Albemarle soon -minister
SANTIAGO (Reuters) – Chile hopes to start negotiations soon with Albemarle as part of the government’s plan to gain majority control of lithium mining projects, Mining Minister Marcela Her[...]
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