
Brazil’s state-run oil firm Petrobras said it has concluded the sale of its 67.2% stake in Petrobras Argentina to Argentina’s Pampa Energía for US$ 892 million, according to a securities filing. Petrobras also sold all of Petrobras Chile Distribución to Southern Cross Group for about US$ 490 million as part of its divestment program, the company said.

Argentine farm exports rocketed 68% higher in the first quarter compared to the same 2015 period, thanks to new policies that prompted growers to sell stockpiles built up under the previous administration, the government announced.

The rapporteur of a Senate committee on impeachment issued a report Wednesday recommending that Brazilian President Dilma Rousseff be tried in the upper house for allegedly breaking budget laws.

Millions of British voters go to the polls Thursday in the most important elections since David Cameron sealed a second term as prime minister a year ago, but this time it is Labour leader Jeremy Corbyn’s future that is at stake. Despite the squabbling inside the ruling Conservative party divided over Europe, the local and regional elections are shaping up as the first real test of the Labor leader´s reign and one that his opponents are desperate to ensure he fails.

Argentine foreign minister Susana Malcorra said she plans to meet with British officials to address a multiple agenda and a pending issue, in the framework of a transparency meeting scheduled to take place in London.

The ex-Royal Air Force (RAF) Sea King helicopter, XZ593, is to be gifted to the Falkland Islands Museum and National Trust to commemorate its gallant service to the Falklands, Commander British Forces South Atlantic Islands, Commodore Darren Bone RN, has announced.

Brazil's Attorney General Rodrigo Janot has asked the Supreme Court to authorize an investigation against former President Lula da Silva for alleged corruption. Janot accused Lula of playing a key role in the huge corruption scandal at the state oil company, Petrobras.

Inflation in Argentina during April reached 5.02% and 40,85% in the last twelve months according to the unions umbrella organization CGT Economic and Social observatory, which was released on Tuesday.

The Irish Cattle and Sheep Farmers’ Association (ICSA) is to protest on Wednesday May 4, in Dublin against the proposed Mercosur and TTIP trade deals. The protest will take place outside the offices of the European Commission in the Irish capital.

Brazil’s top prosecutor asked the Supreme Court to open an investigation into opposition Senator Aécio Neves, the country’s leading opposition figure, as the vast Petrobras corruption probe engulfed more politicians. Neves, who narrowly lost the 2014 presidential election to Dilma Rousseff, was previously included in a list of some 50 politicians thought to have taken bribes originating from state-run companies.