Brazilian miner Vale SA on Wednesday said it swung to a quarterly loss as the company announced more than US$2 billion in fresh write-downs related to two deadly dam bursts suffered by the company over a period of less than four years.
Hit by five years of economic slowdown, Latin America's economy will grow by barely 0.5% this year, the United Nations economic commission for the region said on Wednesday, well below the 1.3% projected in April.
U.S. and Chinese negotiators ended a brief round of trade talks on Wednesday with little sign of progress and agreed to meet again in September, prolonging an uneasy truce in a year-long trade war between the world’s two largest economies.
Argentina on Wednesday launched an international tender for a multibillion-dollar pipeline to transport natural gas from the Vaca Muerta shale formation in the western part of the country to capital Buenos Aires. Bids will be opened on September 12.
Brazil's central bank slashed interest rates to a record low on Wednesday in response to the worsening outlook for Latin America's biggest economy. The bank cut its main rate to 6% from the previous historic low of 6.5%, which had been unchanged since March 2018.
A delegation of five members of the United States Congress is in Gibraltar for a two day visit. This follows the trip to Washington by Deputy Chief Minister Dr. Joseph Garcia earlier this year. The visit has been organized through the United Kingdom under the Mutual Educational and Cultural Exchange Act (MECEA) scheme.
Rockhopper Exploration PLC on Tuesday said it has submitted an early information memorandum to potential lenders for the Sea Lion project in the Falkland Islands.
The Committee to Protect Journalists on Tuesday condemned Brazilian President Jair Bolsonaro's remarks that Glenn Greenwald, the co-founder and editor of The Intercept Brasil, could “do jail time” and suggesting that he had married a Brazilian citizen to avoid deportation, as reported by a local outlet.
A 40-year-old Eritrean refugee accused of killing an eight-year-old boy by pushing him under a train in Frankfurt was wanted by police in Switzerland, where he was being treated for psychological problems, authorities said on Tuesday.
President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.