Latin America Business News
Spain’s Inditex Opened 121 Stores in China in Fiscal 2012
March 13, 2013 | by HS News Staff
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 »
FactoryMade Ventures Forms Joint Venture With Lucha Libre AAA
March 12, 2013 | by HS News Staff
FactoryMade to Operate and Extend Wrestling League's IP in U.S. and International Territories Outside Mexico; Starlight Runner Entertainment to Lead Innovative Transmedia Development Initiative continue reading »
Spain Seeks Expansive Relationship with Brazil’s Defense Sector
March 12, 2013 | by HS News Staff
Spain wants to broaden the "intense" economic and political relationship it has with Brazil into the defense realm, the Iberian nation's defense minister told Efe here Tuesday. continue reading »
Latin America News: Peru Inaugurates Two Solar Power Plants
March 12, 2013 | by HS News Staff
President Ollanta Humala has inaugurated two solar power plants in the southern Peruvian regions of Tacna and Moquegua built by Spain's Solar Pack and Gestamp Solar. continue reading »
Spanish Oil Company Steps Up Legal Action to Defend Interests in YPF
March 11, 2013 | by HS News Staff
The legal battle launched by Spanish oil company Repsol to defend its interests in YPF, which was nationalized by the Argentine government in 2012, has intensified with the filing of a lawsuit against Argentine petroleum firm Bridas. continue reading »
Banorte Buys Spain’s Bancomer Retirement Business for $1.7 Billion
March 11, 2013 | by HS News Staff
In Latin America business news Grupo Financiero Banorte has completed the $1.7 billion acquisition for the retirement business of Spain's Bancomer continue reading »
Baxter International to Cut 400 Jobs in Puerto Rico
March 9, 2013 | by HS News Staff
The Puerto Rico unit of Baxter International Inc. plans to eliminate 400 jobs at its pharmaceutical production facility in Aibonito, the town's mayor said Friday. continue reading »
US Unemployment Rate Drops to 7.7 Percent in February 2013
March 8, 2013 | by HS News Staff
The U.S. unemployment rate fell two-tenths of a percent in February to 7.7 percent, as 236,000 net jobs were created, the Labor Department said Friday. Economists had been expecting the creation of just 157,000 net continue reading »
Mexico Looking to Expand Tourism Markets
March 7, 2013 | by HS News Staff
Mexican officials said at ITB Berlin, the world's largest tourism fair, that their strategy was to expand tourist markets and increase spending by visitors. continue reading »
Tecate Leaves Mexican Ad Agency for U.S. – Better Translation Services Cited
March 7, 2013 | by HS News Staff
Mexican beer Tecate, distributed exclusively by Heineken USA, has announced it is leaving its Mexican ad agency for an American choice so that it can receive a better translated product. continue reading »
