Pan American News
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Vantage Power Ltd., a U.K. company founded by two engineering graduates who drove from Alaska to Argentina in an electric car, plans to be fitting its hybrid engines into 1,000 double-decker buses a year by 2017.
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The Olympic stadium shuttered indefinitely by Rio de Janeiro’s mayor because of concern its roof is unsafe will be used as a training venue for soccer’s Confederations Cup next month.
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Petroleo Brasileiro SA, the most indebted publicly traded oil producer, has borrowed $7 billion from banks and multilateral agencies this year after yields on its bonds jumped in the past six months.
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Pan American Silver Corp., the Canadian miner that wrote down $100 million on an Argentine project last quarter, will supply silver from the South American country to make Pope Francis’s chalice.
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Bonds of Pan American Energy LLC, Argentina’s biggest oil exporter, are beating debt issued by Latin American peers on speculation the company will bolster production after China’s Cnooc Ltd. takes control.
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Bonds of Pan American Energy LLC, Argentina’s biggest oil exporter, are outperforming larger competitors Petroleo Brasileiro SA and Petroleos Mexicanos SA on speculation a new government may ease price caps on crude oil.
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Pan American Silver Corp.’s mine in Bolivia is being partially occupied by miners demanding more jobs, according to state newswire ABI.
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Pan American Silver Corp., a miner of the metal in Latin America, agreed to buy Minefinders Corp. for about C$1.5 billion ($1.49 billion) to expand production and add reserves in Mexico.
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Argentine companies are beating the government in the bond market by the most in 2 1/2 years as investors favor securities that won’t be ensnared by the nation’s legal dispute over defaulted debt.
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Argentina probably will unveil an oil export payment plan within a week to restore output by the largest producers YPF SA, Pan American Energy LLC, Petrobras Argentina SA and China Petroleum & Chemical Corp.’s Argentine unit, according to six people with knowledge of the plans.
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