By Dominique Patton BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use in animal feed as it tries to reduce its heavy reliance on soybean imports. The new plan proposes soymeal ratios in animal feed should be reduced to less than 13% by 2025, from 14.5% in…
RIO DE JANEIRO (Reuters) – Brazilian Defense Minister Jose Mucio said late Thursday that countries such as Sweden and Colombia had expressed interest in buying Embraer’s KC-390 military cargo aircraft. Mucio said he held nearly 20 bilateral meetings during the LAAD defense and security fair this week and, in some of them, the KC-390 was…
By Fabian Cambero and Divya Rajagopal SANTIAGO (Reuters) – Lundin Mining Corp’s bid for control of Chile’s Caserones copper mine comes despite ongoing uncertainty over potential policy changes to royalties and taxes, an indication that investors may be regaining confidence in the world no.1 copper-producing country. Lundin last month agreed to pay $950 million for…
By Adriana Barrera and Lizbeth Diaz MEXICO CITY (Reuters) – Mexico and the United States on Thursday agreed to ramp up the fight against fentanyl trafficking, as well as Mexico’s Sinaloa and CJNG drug cartels and their supply chains, in joint bid to reduce consumption of the powerful opioid. The deal came after a meeting…
By Jorgelina do Rosario and Rodrigo Campos (Reuters) – The International Monetary Fund is working closely with Suriname authorities to bring their financing program back, while looking for progress in government talks with China, a key creditor, an IMF official said on Thursday. The IMF and Suriname engaged in a financing program for nearly $700…
(Reuters) – Banco Bilbao Vizcaya Argentaria, Banco Santander SA and Bank of America Corp together plan to fund Mexico’s $6 billion deal to purchase power plants from Spain’s Iberdrola, Bloomberg News reported on Thursday citing people familiar with the talks. The three lenders are among a consortium looking to finance the deal, the report said,…
LA PAZ (Reuters) – Bolivia’s government has called on the armed forces to tighten border controls to curb the smuggling of state-subsidized fuels, a move it believes will save state coffers some $250 million per year. Keeping fuel prices steady, currently 3.74 bolivianos ($0.5452) per liter for gasoline and 3.72 bolivianos per liter for diesel,…
By Kylie Madry MEXICO CITY (Reuters) – The airport operating business in Mexico is thriving as traffic surges due to multinational companies bringing overseas operations closer to home and growth at Mexican airlines, according to the head of GAP, which operates 12 airports in the country. Manufacturing hubs such as Guadalajara have seen record traffic…
By Lisandra Paraguassu BRASILIA (Reuters) – Brazilian officials are offering fresh incentives including land for Chinese manufacturer BYD to build an electric car plant in Bahia state amid stalled talks to take over a closed Ford plant, said three people familiar with discussions in Shanghai on Thursday. Brazilian President Luiz Inacio Lula da Silva met…
By Luis Jaime Acosta BOGOTA (Reuters) – More than 17,600 people are members of the four major armed groups and 23 gangs with which the Colombian government hopes to reach peace or surrender deals, two security agency reports seen by Reuters show. The newly updated figures, which have not been reported before, are an effort…
