The Americas Economy
- Repsol Shareholders: Argentina's YPF Seizure An Act Of Piracy
May 31 2012 1:40 PM
Antonio Brufau, CEO of Spanish oil company Repsol, renewed his resolve to seek punitive damages from Argentina's government following its seizure of the company's subsidiary YPF -- and his shareholders are with him
- Ecuadoreans Sue In Canada To Force Chevron To Pay $18 Billion
May 31 2012 1:32 PM
Thousands of Ecuadoreans this week are trying to force Chevron Corp., the second-largest U.S. oil and gas company, into complying with a verdict and paying billions in environmental fines resulting from a decade-long pollution case.
- Repsol Willing To Negotiate Compensation Following YPF Seizure
May 29 2012 5:10 PM
After having its majority share of Argentine oil company YPF seized by the government, Repsol CEO Antonio Brufau said Tuesday the company was prepared to negotiate with government officials for fair compensation.
- Inflation In OECD Nations Slides In April
May 29 2012 12:19 PM
Inflation in developed economies fell last month as crude oil and food prices slowed their increases, the Organization for Economic Cooperation and Development said Tuesday.
- RIM Fades After CEO Warns Of More Losses But Hires Bankers
May 29 2012 10:36 AM
Shares of BlackBerry developer Research in Motion (Nasdaq: RIMM) rose as much as 3.8 percent Tuesday after reports it might shed 2,000 more employees soon. But they fell 10 percent later.
- Iran Will Not Stop Enriching Uranium to 20 Percent; Plans to Construct Two More Nuclear Reactors
May 27 2012 6:00 AM
Iran will not compromise on the West's demand to stop enriching Uranium to 20 percent, said Fereydoon Abbasi Davani head of Iran's Atomic Energy Organization.
- Investors Love Rio: Why Foreign Companies Are Buying Into Brazil's Real Economy
May 25 2012 5:28 PM
Investing in Brazil's booming economy has turned another page as foreign companies, especially Japanese firms, move from putting money into the nation's financial industry to putting it into the real economy of South America's largest nation.
- Quebec: 700 People Arrested As Tuition Hike Protest Escalates
May 24 2012 12:19 PM
It was the largest number of single-day detentions since demonstrations commenced in February.
- HP?s CEO Chops 27,000 Jobs, Investors Cheer
May 24 2012 9:42 AM
Shares of Hewlett-Packard Co. (NYSE: HPQ), the No. 1 computer maker, leaped as much as 7.4 percent Thursday after the company said Wednesday it would fire 27,000 people.
- Rio Environmental Summit To Focus On Global Food Security Issues
May 23 2012 4:12 PM
As soils, freshwater, oceans, forests and biodiversity are being rapidly degraded and climate change puts more pressure on the resources, it is time to rethink how we grow, share and consume our food.
- Global Stocks Fall On Fears Of Greek Exit From Euro Zone
May 23 2012 8:47 AM
Asian, European and U.S. stocks fell hard Wednesday on rising fears and uncertainty about a possible Greek exit from the euro zone as well as concerns over slowing economic growth.
- Indian Rupee Continues To Fall, Crosses 56 Mark Against Dollar; Analysts Seek Strong Corrective Action
May 23 2012 6:46 AM
The Indian rupee descended to the all-time-low of 56.04 per dollar Wednesday even as the Reserve Bank of India and the Indian government said that they were monitoring the situation closely and taking corrective measures.