Latin America Business News
Could Bimbo Save the Twinkie?
November 19, 2012 | by HS News Staff
Mexican company Grupo Bimbo may be the key to saving the Twinkie from its untimely death. Earlier this month, 6,600 Hostess employees went on strike continue reading »
Spain’s King Juan Carlos Urges Brazil to Invest in Spain
November 19, 2012 | by HS News Staff
Boasting "one of the most open economies in the world," Spain is an ideal place for Brazilian firms to invest, King Juan Carlos said here Monday as he hosted a luncheon for Brazil's president continue reading »
IDB to Support Medium-size Companies in Latin America
November 17, 2012 | by HS News Staff
The President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, announced that the Bank will provide financing and technical advice to medium-size enterprises in Latin America and the Caribbean seeking to establish or expand international operations. continue reading »
Oil Firm Plans to Invest $3 Billion in Southern Argentina
November 17, 2012 | by HS News Staff
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 »
Agreement Reached: BP to Pay $4.5 Billion for 2010 Oil Spill in Gulf of Mexico
November 16, 2012 | by HS News Staff
BP Plc announced Thursday that it reached agreement with the U.S. government to pay $4.5 billion for the explosion of an oil drilling platform and the subsequent spilling 4.9 million continue reading »
Low-Cost Mexican Airline Interjet Spends $3.2 Billion on 40 New Jets
November 14, 2012 | by HS News Staff
Low-cost Mexican airline Interjet signed a contract to buy 40 Airbus A320 Neo passenger jets for more than $3.2 billion, the parties said Tuesday. continue reading »
Latin Recording Academy Announces Official Sponsors For The XIII Annual Latin Grammy Awards
November 14, 2012 | by HS News Staff
The Latin Recording Academy proudly announced its official sponsors for the XIII Annual Latin GRAMMY Awards®. Heineken, 7UP, Gucci Timepieces & Jewelry, Delta Air Lines, McDonald's, L'Oreal Paris, Jack Daniel's, MetroPCS, and Allstate have all signed on to support and promote this year's L continue reading »
Spain Economic Minister: Economic Reforms Producing “Positive Signs”
November 13, 2012 | by HS News Staff
Spain's efforts to trim its budget deficit and put its financial house in order are producing "positive signs," the Iberian nation's economy minister said here Monday in an appearance before the European Parliament. continue reading »
Spain’s Iberia In Effort to Survive Economic Downturn Cuts 25% of Its Workforce
November 9, 2012 | by HS News Staff
Spain's Iberia will shed 4,500 jobs, nearly a quarter of its 20,000-strong workforce, as part of a series of permanent structural changes to salvage the airline, its parent company said Friday. continue reading »
Slight Up Tick in October Unemployment Rate to 7.9%, Latino Unemployment Creeps to 10%
November 2, 2012 | by HS News Staff
The October jobless rate according to the Bureau for Labor Statistics ticked up to 7.9 percent from 7.8 percent in September. Hiring was more robust in August and September than first thought – which can be viewed as good news for President Obama five days before the presidential election. continue reading »
