Latin America Business News
Melia Hotels of Spain Now Looking to Americas, Asia for Expansion
February 11, 2013 | by HS News Staff
The Americas and Asia are the main engines of growth for Melia Hotels International, although the Spanish and European markets remain important also, the Spanish firm's vice president continue reading »
Latin America News: Colombian Government Suspends 4G Broadband Auction
February 8, 2013 | by HS News Staff
Colombia's government has suspended a scheduled auction of 4G mobile broadband service after learning about a potential merger deal involving two of the participants, Information Technologies and Communications Minister Diego Molano said. continue reading »
Spanish Companies Win Brazilian Highway Contract
February 8, 2013 | by HS News Staff
Spanish companies Acciona, Isolux Corsan and Copasa on Thursday signed contracts to build parts of a beltway around Sao Paulo, Brazil's largest city. continue reading »
Latin America News: Mexico’s Telmex Faces $52 Million Fine for Monopolistic Practices
February 7, 2013 | by HS News Staff
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 »
Nissan to Invest $220 Million in New Auto Plant in Mexico, 1,200 New Jobs to Be Created
February 7, 2013 | by HS News Staff
Jatco, a unit of Japanese automaker Nissan, said it planned to build a $220 million plant in western Mexico to manufacture 400,000 automobile transmissions annually. continue reading »
Latin America New: Spanish Investment in Region is “Secure”
February 7, 2013 | by HS News Staff
Spanish investment in Latin America "is secure" and is producing good results, Spain's secretary of state for International Cooperation and Ibero-America said here Wednesday. continue reading »
One Week After PEMEX Explosion Employees Return to Work
February 7, 2013 | by HS News Staff
Thousands of employees of Mexican state-owned oil monopoly Petroleos Mexicanos returned to work Wednesday at the company's headquarters in this capital, where an explosion last week left 37 dead and more than 100 injured. continue reading »
Puerto Rican Lawmaker Says Airport Lease Will be Bad for Island
February 6, 2013 | by HS News Staff
The speaker of Puerto Rico's lower house said Wednesday the contract authorizing the Aerostar Airport Holdings consortium to lease and operate San Juan's airport for 40 continue reading »
Brazil Increased Auto Output by 31.9% in January
February 6, 2013 | by HS News Staff
A total of 279,332 automobiles were manufactured in Brazil in January, up 31.9 percent from the same month of 2012 and 7.7 percent more than in December, the Anfavea industry association said Wednesday. continue reading »
Protest in Mexico to Keep PEMEX Private In Spite of Shoddy Safety Record
February 6, 2013 | by HS News Staff
A series of peaceful protests will be held across Mexico in defense of state-owned oil giant Petroleos Mexicanos, or Pemex, and against a supposed plan to turn the firm over to foreign oil companies, former leftist presidential candidate Andres Manuel Lopez Obrador said. continue reading »
