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Current Edition
Friday, July 3rd 2015 - 12:43 UTC

JBS buys UK's Moy Park for $1.5bn from rival Mafrig Global Foods

Moy Park, the largest producer of poultry in the UK, will give JBS access to affluent markets in Britain, Scandinavia and other European countries

Brazil’s JBS, the world’s largest meat packer, has agreed to pay about $1.5 billion for Moy Park, the British unit of rival Mafrig Global Foods. JBS, which has undertaken a massive overseas expansion since 2007, will pay $1.19 billion in cash and will assume Moy Park’s debt totaling £200 million as part of the deal, Marfrig said in a statement.

Friday, July 3rd 2015 - 09:04 UTC

Rousseff enjoys a day at 'Google-land' before returning to real life in Brazil

Dilma met with Google executive chairman Eric Schmidt, who showed off one of the company's self-driving cars before sending her on a test drive.

Brazil's President Dilma Rousseff capped off her U.S. tour on Wednesday with a visit to Silicon Valley, where she met with top technology executives and took a ride in Google Inc's self-driving car. Rousseff used her visit to strengthen ties with U.S. technology companies after visiting Washington, D.C. and New York City earlier in the week.

Friday, July 3rd 2015 - 08:32 UTC

Cristina Fernandez on the campaign trail in Buenos Aires City

The Argentine president at the Villa 20 township school watching children manipulate car model robots

On the last day of campaigning for Buenos Aires City Mayor election next Sunday, Argentine president Cristina Fernandez took to the streets next to her handpicked candidate Mariano Recalde and visited one of several shanty towns in the country's capital.

Friday, July 3rd 2015 - 08:16 UTC

Magallanes Region retains second lowest unemployment rate in Chile

Despite a 1.2 percentage points increase to 4%, Magallanes region is below Chile's national average of 6.6% unemployment

Unemployment in Magallanes Region, extreme south of Chile reached 4% in the March/May quarter, which is 1.2 percentage points higher than a year ago, and 0.3 percentage points more than the previous mobile quarter, according to the latest report from the country's Stats Office, INE.

Friday, July 3rd 2015 - 08:04 UTC

US jobless rate drops to 5.3% in June, but factory orders fell strongly in May

Employment gains in June were made across a number of sectors, particularly business services, health care, retail, financial activities and transportation

US employment rose by 223,000 in June, while the April and May figures were revised down, official figures show. May's figure was revised from a rise of 280,000 jobs to a rise of 254,000, according to the US Labor Department.

Friday, July 3rd 2015 - 07:45 UTC

Republicans anticipate they will not approve a US ambassador to Cuba

Senate Majority Leader Mitch McConnell described Cuba as “a police state”, “a thuggish regime” and “a haven for criminals” wanted in the U.S.

United States Senate Majority Leader Mitch McConnell said on Thursday that his chamber is unlikely to approve a US ambassador to Cuba, sending a quick rebuff to President Barack Obama and his drive to normalize relations with the U.S. neighbor and longtime Cold War foe.

Friday, July 3rd 2015 - 07:38 UTC

BP agrees to a $18.7bn settlement on claims from the 2010 Gulf of Mexico spill

The April 20, 2010 rig explosion and spill killed 11 workers and spewed oil for nearly three months on to the shorelines of several states.

UK oil and gas giant BP said it has reached an $18.7 billion settlement of damages claims from the US government and five states after the 2010 Gulf of Mexico spill. The US Justice Department said it could be the largest settlement with a single entity in US history and the total value would top $20 billion.

Friday, July 3rd 2015 - 07:12 UTC

Petrobras investigation looks into corruption by a dozen foreign companies

Zelada, head of Petrobras international division 2008/2012, appeared to have received bribes on a contract with US companies

Brazilian police on Thursday arrested Jorge Zelada, former director of Petrobras' international division, as part of an ongoing investigation into bribery and corruption at the state-run oil producer, prosecutors have said. Zelada is suspected of money-laundering, appropriating public funds, corruption, tax evasion and contract fraud.

Friday, July 3rd 2015 - 06:55 UTC

US asks Switzerland for extradition of seven FIFA officials on bribery charges

The list includes former CONCACAF president Jeffrey Webb and FIFA vice-president Eugenio Figueredo from Uruguay (L)

The United States asked Switzerland on Thursday to extradite seven FIFA officials arrested in an investigation into a global bribery scandal at soccer's governing body, the Swiss Federal Office of Justice (FOJ) announced.

Friday, July 3rd 2015 - 06:26 UTC

Falklands' war: Chilean top commentator defends Chile's role in supporting UK

“Chile had more than sufficient reasons to help Great Britain following the Argentine invasion of the Malvinas Islands”, said Bernardo de la Maza.

Only a few hours off from Saturday's last match of the 2015 Copa America when the best South American team will emerge, the rivalry between finalists Argentina and hosts Chile has erupted strongly and the Falkland Islands' issue is not absent from aggressive chants and insulting messages in the social networks.

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