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Tag Results for "Latin America Business News"
Latin America News: Mexico’s Telmex Faces $52 Million Fine for Monopolistic Practices
February 7, 2013 | by HS News Staff | Latino Daily News
Fixed-line giant Telmex faces a fine of 657 million pesos (some $52 million) for monopolistic practices, Mexico's Federal Competition Commission, or CFC, said Thursday. continue reading »
Water Rates Expected to Rise by 40 Percent in Puerto Rico
February 4, 2013 | by HS News Staff | Latino Daily News
An increase in water rates set to take effect this summer in Puerto Rico could be as much 40 percent, the president of state-owned utility AAA said Monday. continue reading »
Brazilian Mogul Antonio Ermirio de Moraes Relative and 4 Others Killed in Plane Crash
February 4, 2013 | by HS News Staff | Latino Daily News
Five people, including a grandnephew of businessman Antonio Ermirio de Moraes, were killed when a small plane crashed in Brazil's Sao Paulo state, emergency services officials said Monday. continue reading »
New Plastic Surgery Methods Using Stem Cells Created in Nicaragua
February 1, 2013 | by HS News Staff | Latino Daily News
A subsidiary of Nicaraguan conglomerate Grupo Pellas presented here a novel plastic surgery method for Latin America based on the use of stem cells extracted from the patient's fatty tissue. continue reading »
Death in PEMEX Blast Rises to 32
February 1, 2013 | by HS News Staff | Latino Daily News
A powerful explosion at the headquarters of state-owned oil monopoly Petroleos Mexicanos left at least 25 dead and 101 injured, according to the Mexican government's latest bulletin. continue reading »
Petrobras Sells Stakes in Edesur Worth $35 Million
February 1, 2013 | by HS News Staff | Latino Daily News
Petrobras Argentina, the Argentine unit of Brazilian oil giant Petrobras, said it was selling two companies that together have a 48.5 percent stake in the holding company that controls electric utility Edesur. continue reading »
Latin America News: Mexico’s Economy Grows 4 Percent in 2012
January 31, 2013 | by HS News Staff | Latino Daily News
Mexico's gross domestic product grew around 4 percent in real terms in 2012 and 3.6 percent in the fourth quarter of the year, the Finance and Public Credit Secretariat said. continue reading »
Mexican President Peña Nieto Says No To Privatizing PEMEX
January 31, 2013 | by HS News Staff | Latino Daily News
State-owned oil giant Petroleos Mexicanos, or Pemex, will not be privatized and the public should be wary of those who seek to "mislead or confuse" this issue, President Enrique Peña Nieto said. continue reading »
Spanish Hotels See Great Opportunity in Latin America
January 29, 2013 | by HS News Staff | Latino Daily News
Spanish hoteliers, who have enjoyed a significant presence in Latin America for decades, see in Brazil, Chile and Colombia the best growth potential in a region that is already home to some 700 Spanish-owned hotels. continue reading »
Mexico’s PEMEX Takes Delivery of Environmentally-Friendly Ships
January 29, 2013 | by HS News Staff | Latino Daily News
Oil giant Petroleos Mexicanos, or Pemex, said it took delivery of two ships from South Korea's SPP Shipbuilding Group. continue reading »
Spanish Prime Minister Rajoy Advocates for Economic Growth with Latin America
January 28, 2013 | by HS News Staff | Latino Daily News
Spanish Prime Minister Mariano Rajoy told leaders attending a summit here Sunday that countries should deal with the financial crisis by taking measures appropriate for their economic situation, Spanish officials said. continue reading »
Carlos Slim’s America Movil to Buy CIE Media
January 21, 2013 | by HS News Staff | Latino Daily News
Mexico City-based wireless giant America Movil has agreed to buy the media and advertising division of Corporacion Interamericana de Entretenimiento for nearly 1.7 billion pesos ($132 million), CIE said Monday. continue reading »
U.S. Economic Delegation Travels to Mexico
January 18, 2013 | by HS News Staff | Latino Daily News
A U.S. delegation will travel to Mexico City, Mexico, January 22-24, 2013, to discuss further strengthening the U.S.-Mexico bilateral economic relationship and increasing trade and the creation of jobs in both countries. continue reading »
Mexico’s PEMEX and MexiChem Form Joint Venture Valued at $556 Million
January 18, 2013 | by HS News Staff | Latino Daily News
State oil monopoly Petroleos Mexicanos' board of directors has approved a joint venture with private Mexican petrochemical company Mexichem that involves capital injection and asset integration totaling $556 million. continue reading »
Latin America News: Ecuador Oil Production Increases by Nearly 3 Percent
January 16, 2013 | by HS News Staff | Latino Daily News
Ecuador increased its oil production by 2.9 percent in the third quarter of 2012, compared to the same period a year earlier, to an average of 508,800 barrels per day (bpd), the Central Bank said. continue reading »
Pemex Prepares to Lay Off 15,000 in Mexico
January 16, 2013 | by HS News Staff | Latino Daily News
State-owned oil giant Petroleos Mexicanos, or Pemex, plans to cut at least 15,000 jobs as part of a reorganization, press reports said. continue reading »
Spanish Retailer Mango Closing Its Last Store in Brazil
January 15, 2013 | by HS News Staff | Latino Daily News
The closure of the last store operated by the Spanish fashion firm Mango in Brazil, scheduled for next week, is a "fact," continue reading »
Latin America News: Brazil’s Petrobras to Buy $500M in GE Equipment
January 15, 2013 | by HS News Staff | Latino Daily News
GE Oil & Gas, a unit of U.S. conglomerate General Electric Co., said Tuesday it won a $500 million contract to provide Brazilian state-controlled oil giant Petrobras with turbomachinery equipment and services for deepwater oil production. continue reading »
Latin America News: Mexico Set to Buy Fertilizer from Ukraine
January 14, 2013 | by HS News Staff | Latino Daily News
Negotiations are taking place for Mexico to "purchase up to 500,000 tons annually" of fertilizer from Ukraine, the National Peasants Confederation, or CNC, said. continue reading »
Brazilian Government OKs Power Line Run by Spanish Firm
January 12, 2013 | by HS News Staff | Latino Daily News
Brazil's environmental protection agency said it has granted Spanish company Isolux Energia a license to operate a power transmission line between the southeastern states of Sao Paulo and Rio de Janeiro. continue reading »
