1. Skip to navigation
  2. Skip to content
  3. Skip to secondary content



Latin America Business News

Brazil’s Petrobras Looking to Boost Daily Oil Output to 3.4 Million Barrels by 2017

Brazil’s Petrobras Looking to Boost Daily Oil Output to 3.4 Million Barrels by 2017

Brazilian state-controlled oil company Petrobras, which is striving to boost daily domestic crude and natural gas output to 3.4 million barrels of oil equivalent per day by 2017, said it plans to earmark 62 percent of its investments over the next five years to exploration and production. continue reading »

Spain Sees its Investments in LatAm as Secure

Spain Sees its Investments in LatAm as Secure

Spain's top official for relations with Latin America said Tuesday that the investments of Spanish companies in Latin America are safe despite the problems in specific countries such as Argentina and Bolivia. continue reading »

Ryanair Signs $15.6 Billion Deal with Boeing for 175 Airliners

Ryanair Signs $15.6 Billion Deal with Boeing for 175 Airliners

Irish budget airline Ryanair Holdings said Tuesday it has signed an agreement with Boeing to purchase 175 737-800 airliners for around $15.6 billion (12 billion euros). continue reading »

Latino Coalition, Biz2Credit Launch Hispanic Online Platform for Small Business Financing

Latino Coalition, Biz2Credit Launch Hispanic Online Platform for Small Business Financing

Biz2Credit, the #1 online credit resource for small businesses, and The Latino Coalition (www.thelatinocoalition.com) today announced a partnership in which Biz2Credit will be the go-to financing resource for th continue reading »

Latin America News: Economists Cut Economic Growth Rate for Brazil

Latin America News: Economists Cut Economic Growth Rate for Brazil

In Latin America news, analysts have lowered their 2013 growth forecast for the Brazilian economy from 3.1 percent to 3.03 percent, the central bank announced. continue reading »

Chile Revels in Its New Cutting Technology

Chile Revels in Its New Cutting Technology

In Latin American business news, Chile is reveling in its cutting-edge technology in the Atacama desert. The new $1.4 billion observatory contains the power of 3 million computers into one telescope. continue reading »

Santiago Seeks $500-$600 Million in Financing to Expand Mass Transit System

Santiago Seeks $500-$600 Million in Financing to Expand Mass Transit System

In Latin American business news, the city of Santiago, Chile may seek $500-$600 million to upgrade its mass transit system continue reading »

Slim May Fall to Number 2 on Forbes’ List of Billionaires

Slim May Fall to Number 2 on Forbes’ List of Billionaires

Mexican magnate Carlos Slim could lose his position as the world's wealthiest individual after proposed telecommunications legislation sent the share price of his America Movil phone company sharply lower, Forbes magazine reported. continue reading »

Brazilian Gov’t Offers Millions in Loans to Innovative Firms

Brazilian Gov’t Offers Millions in Loans to Innovative Firms

The Brazilian government announced it will offer 32.9 billion reais ($16.5 billion) in loans over the next two years to companies using technological innovation to improve their competitiveness. continue reading »

Spain’s Inditex Opened 121 Stores in China in Fiscal 2012

Spain’s Inditex Opened 121 Stores in China in Fiscal 2012

Inditex, owner of the Zara retail chain, said in a filing Wednesday with securities regulators that it opened 121 stores in China last year, making the Asian country its No. continue reading »