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Banco do Brasil names new pension fund head

SAO PAULO, May 25 - Banco do Brasil on Friday named senior executive Dan Conrado as the new head of its employees' $150 billion pension fund, Previ, Latin America's largest, in a move that aims to put an end to a power struggle at the country's top lender.

4:20am IST

UPDATE 5-Chinese WTO suit strikes back at U.S. duties

GENEVA, May 25 - China launched a complaint at the World Trade Organization on Friday against U.S. import duties on 22 Chinese products that the United States says are unfairly priced or subsidised, including solar panels and steel products.

4:07am IST

EMERGING MARKETS- Latam stocks rise for week on bargain-hunting

* Brazil's Bovespa up 0.74 pct; Mexico's IPC off 0.18 pct

3:11am IST

UPDATE 4-Canada lifts threshold for foreign takeover reviews

OTTAWA/TORONTO, May 25 - Canada will boost the threshold at which it will review proposed foreign takeovers of Canadian companies, the industry minister said on Friday, but he stopped short of fulfilling a government pledge to clarify the criteria for approving them.

3:01am IST

UPDATE 2-Ontario forest fire halts gold projects

TORONTO, May 25 - Two more Canadian companies - Brigus Gold Corp and Lake Shore Gold Corp - have joined the list of miners halting operations in northern Ontario as dozens of forest fires caused power outages and forced evacuations in the region.

2:57am IST
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Under pressure, govt to review steep petrol hike

NEW DELHI - India's coalition government opened the way for a partial rollback of the steepest petrol hike in the country's history after two days of street protests and dissent from within its own ranks over the unpopular measure.