Latin America Business News
Brazil Sees .6% Economy Growth in 2013 1st Quarter
May 30, 2013 | by HS News Staff
Brazil's economy grew 0.60 percent in the first quarter of 2013, compared with the final quarter of last year, the government said Wednesday. The figures confirmed official projections that the economy would continue reading »
Telecom Industry in Mexico Grows 12.5% in 2013’s 1st Quarter
May 29, 2013 | by HS News Staff
Mexico's telecommunications industry grew 12.5 percent in the first quarter of 2013, compared to the same period last year, thanks to surging demand for satellite television continue reading »
BRAZIL: Media Mogul Roberto Civita Dies at 76
May 28, 2013 | by HS News Staff
Roberto Civita, chief of the Brazilian media conglomerate Abril and creator of the prestigious newsweekly Veja, has died, his company said Monday. He was 76. continue reading »
CHILE: Gold Mining Company Fined $16.5M for Environmental Violations
May 25, 2013 | by HS News Staff
Chile's SMA environmental watchdog said Friday that it had imposed an 8-billion-peso (roughly $16.5-million) fine on Canada's Barrick Gold and ordered it to halt its Pascua-Lama mine project over environmental violations. continue reading »
No Waste, Jose: Tequila Waste Being Recycled into Sponges
May 23, 2013 | by HS News Staff
For years, remnants of agave plants used to make tequila were discarded and left in the fields to rot, but now the 3M company is turning that "waste" into something useful. continue reading »
US Airline SkyWest Buys 40 Jets from Brazil’s Embraer
May 22, 2013 | by HS News Staff
Brazilian aircraft manufacturer Embraer said Tuesday it reached a deal to sell 40 E175 passenger jets to U.S. airline SkyWest for nearly $1.7 billion. continue reading »
Cubans Now Allowed to Import Electric Applicances
May 21, 2013 | by HS News Staff
Cuban customs authorities starting on Monday authorized individuals to import electric appliances and mopeds in a resolution eliminating the prohibition on such imports that had been in force since 2005. continue reading »
PARAGUAY: King of Used Cars
May 20, 2013 | by HS News Staff
Paraguay has become the main destination in South America for used cars from Japan, the United States and other countries, thanks to new regulations aimed at making it easier to import automobiles so low-income consumers can purchase vehicles. continue reading »
JUST IN: Latino Favorite Yahoo to Buy Tumblr in $1.1B Deal
May 19, 2013 | by HS News Staff
Yahoo Board of Directors has just approved the acquisition of social media network Tumblr in a $1.1 Billion cash deal, according to the Wall Street Journal. continue reading »
Bill Gates Takes Back World’s Richest Person, Slim is Number 2
May 18, 2013 | by HS News Staff
Bill Gates has regained the title of the world's richest person, a position he lost in 2007 to Mexico's Carlos Slim due to fluctuations in the Microsoft mogul's stock market investments, according to Bloomberg's daily index. continue reading »
