Latin America Business News
Prince Felipe: Now is the Time to Invest in Spain
January 16, 2013 | by HS News Staff
Crown Prince Felipe told international investors on Tuesday that now is the "best time" to take advantage of business opportunities that are opening up in Spain as the Iberian nation adopts the necessary measures to resume growing economically. continue reading »
Trumps to Build Residential Tower in Uruguay for $100 Million
January 15, 2013 | by HS News Staff
Two offspring of Donald Trump launched Tuesday in Punta del Este a $100-million building development with which the U.S. magnate plans to mark "a before and after" of the famous Uruguayan seaside resort. continue reading »
Spanish Retailer Mango Closing Its Last Store in Brazil
January 15, 2013 | by HS News Staff
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
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 »
Japan’s Kirin Beer Expected to Expand Its Presence in Brazil
January 15, 2013 | by HS News Staff
The Brazilian unit of Japan's Kirin wants to increase its market share in this South American country via organic growth of its brands, such as Devassa beer, company executives said. continue reading »
Latin America News: Mexico Set to Buy Fertilizer from Ukraine
January 14, 2013 | by HS News Staff
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 »
Property Taxes on ‘Luxury’ Homes in Costa Rica Increase 10-Fold
January 14, 2013 | by HS News Staff
The Ministry of Hacienda Tax in Costa Rica has readjusted the property values of ‘luxury’ homes therefore increasing real estate taxes ten-fold. continue reading »
Brazilian Government OKs Power Line Run by Spanish Firm
January 12, 2013 | by HS News Staff
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 »
Mexico Continues Bribery Investigation of Walmart
January 12, 2013 | by HS News Staff
The Mexican unit of U.S.-based retail giant Wal-Mart Stores Inc. said in a statement that it has provided information regarding the corruption allegations it faces and reiterated its pledge to continue cooperating with Mexican authorities. continue reading »
Spanish PM Rajoy Announces Spanish-Algerian Business Summit for March
January 10, 2013 | by HS News Staff
Spanish Prime Minister Mariano Rajoy announced Thursday that business leaders from his country and Algeria will gather here in March for a summit to explore investment opportunities. continue reading »
