Latin America
Batista's $100 Billion `Richest Man' Dream Advances With OSX Share Offer Eike Batista’s plan to raise $5.6
billion in the biggest initial public offering this year moves
him one step closer to fulfilling his ambition of being the
world’s richest man.
Pimco Says Chile Peso Not `One-Sided Bet' Investors See After Earthquake Chile’s peso will begin weakening
late this year as the country’s worst earthquake in 50 years
slows economic growth and record-low interest rates sap demand
for fixed-income assets, Pacific Investment Management Co.’s
Guillermo Osses said.
Gol Posts $225.5 Million Profit as Travel Demand Rises on Economic Growth Gol Linhas Aereas Inteligentes SA,
Brazil’s second-biggest airline, turned to a fourth-quarter
profit from a loss a year earlier after one-time gains and an
economic rebound that spurred travel.
BHP, Anglo, Xstrata Bypass Europe on 10,000-Mile Coal Route to China Ports BHP Billiton Plc, Anglo American
Plc and Xstrata Plc are shipping coal 10,000 miles to China from
their Cerrejon mine in Colombia for the first time this year
because of surging demand and rising prices in Asia.
Chilean Stocks Erase Losses After Last Month's Quake, Rise 1% This Week Chilean stocks erased losses that
followed the Feb. 27 earthquake. The benchmark Ipsa index gained
0.3 percent today to 3,828.20 at 8:03 a.m. New York time. The
gauge dropped 1 percent in the week after the magnitude-8.8
earthquake, with the index erasing that loss this week.
Asia Stocks More Attractive Than Brazil's as Real Gains, CLSA's Wood Says Asian stocks are more attractive
than those in Brazil amid a “pause” in the emerging-markets
rally, CLSA Asia-Pacific Markets said.
Eletropaulo Says Net Income Fell to $298 Million in Fourth Quarter of 2009 Eletropaulo Metropolitana SA, the
Brazilian unit of AES Corp., said net income fell 1.1 percent to
525.6 million reais in the fourth quarter of 2009.
Brazil's AES Tiete, Eletropaulo Plan to Sell $966.5 Million of Local Bonds AES Tiete SA and Eletropaulo
Metropolitana SA, two units of Cia. Brasiliana de Energia, plan
to sell 1.7 billion reais ($966.5 million) of bonds in Brazil to
repay existing debt and fund investment plans.
Vale, BHP, Rio Tinto Suspend Talks With Chinese Steelmakers, Dow Reports Vale SA, BHP Billiton Ltd. and Rio
Tinto Group suspended talks on benchmark prices with Chinese
steelmakers, Dow Jones Newswires reported, citing an industry
executive it didn’t identify.
Lojas Americanas Fourth-Quarter Net Rises 56%, Boosted by B2W Online Sales Lojas Americanas SA, Brazil’s
biggest discount retailer, said fourth-quarter profit rose
56 percent, boosted by rising sales at its online division.
Chile Volunteers Jam Highways in Trek to Help Earthquake, Tsunami Victims Cesar Perez, a managing director at
brokerage Celfin Capital SA in Santiago, said he was glad to sit
in traffic as he drove supplies to victims of the 8.8 magnitude
earthquake that struck Chile on Feb. 27.
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