Brazil Oil Block Goes to Shell, Total, China Firms

A consortium including Shell, Total, two Chinese firms and Brazil's state-run petroleum company Petrobras won the right to develop an offshore field that could hold up to 12 billion barrels of oil, Brazil's government said Monday.

EMERGING MARKETS-Most Latam currencies down on U.S. data fears

RIO DE JANEIRO, Oct 21 (Reuters) - Most Latin American currencies weakened on Monday as investors grew anxious before the release of key U.S. unemployment data delayed by a 16-day partial government shutdown this month.

Argentina Settles $677 Million Arbitration Cases With Bonds

Argentina agreed to compensate five companies that won rulings over investment disputes as the nation looks for the World Bank to approve $3 billion in loans, sparking the biggest bond rally in emerging markets.

Rajoy Meets Latin America Leaders as Economy Shows Signs of Life

Spanish Prime Minister Mariano Rajoy meets with Latin American leaders today in Panama, where Madrid-based companies are helping expand the canal and build the nation’s first subway as construction slumps at home.

Mexico peso rally could spur bigger interest rate cut

MEXICO CITY, Oct 17 (Reuters) - Mexico's central bank could lower borrowing costs by more than expected next week if the country's currency keeps gaining ground and undercuts the stimulus policymakers delivered to a weak economy with last month's cut.

Brazil retail sales surprisingly strong again in August

SAO PAULO, Oct 15 (Reuters) - Brazilian retail sales jumped unexpectedly again in August, as robust household spending helped carry Latin America's biggest economy through a rough third quarter.

Mexico Peso Falls as U.S. Debt Stalemate Stokes Growth Concern

Mexico’s peso fell for the first time in four days as speculation that U.S. lawmakers will miss a deadline to raise the nation’s debt limit rekindled concern that economic growth will slow in the country’s top export market.