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Tag Results for "Latin Business"

European Union Fines Portugal’s Telecom and Spain’s Telefonica

The European Commission imposed a 79-million-euro ($104.96-million) fine Wednesday on Spain's Telefonica and Portugal Telecom for agreeing not to compete against each other in the Iberian market. continue reading »

Iberia Airlines Employees Schedule Pre-Christmas Strikes

Unions representing employees of Spanish airline Iberia said Thursday they will go on strike for six days prior to the Christmas holidays. continue reading »

Brazilian Insurance Group Acquires Portuguese Hospitals

Amil Participacoes SA, Brazil's largest health insurer, has announced the acquisition of Hospitais Privados de Portugal, or HPP, for 85.6 million euros ($109.7 million). continue reading »

Oil Firm Plans to Invest $3 Billion in Southern Argentina

Argentine oil company YPF, under state control after a 51 percent stake was expropriated from Spain's Repsol, said it plans to invest $3.1 billion over the next five years in the southern province of Santa Cruz. continue reading »