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Latest South America News more» 
  • EMERGING MARKETS-Latam FX weaker, Brazil hit by arrest of ex-president

    • Latin American currencies weakened on Thursday as the dollar soared, while Brazil shares fell sharply following the arrest of a former president of the country on graft charges. A slump in the dollar's top European rivals, the euro and pound sterling, on Brexit worries helped the greenback shrug off the Federal Reserve's surprisingly more dovish stance on Wednesday. Mexico's peso fell for the first time in
  • U.S. refiner Citgo taking offers on $1.8-bln, 3-year loan -sources

    • Citgo Petroleum, the U.S.-based subsidiary of Venezuelan state-run oil firm PDVSA, is seeking to raise $1.8 billion through a three-year term loan to cover operating expenses and to refinance existing debt, three people close to the deal told Reuters on Thursday.
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