Latin America Business News
Puerto Rico Airport Set to be Privately Managed Under 40-year Contract
February 26, 2013 | by HS News Staff
The FAA has approved a controversial management plan for Puerto Rico airport which will make management private under a 40-year contract continue reading »
In Latin America News: Costa Rica Constructing $96M Oil Terminal
February 26, 2013 | by HS News Staff
In Latin America news, Costa Rica is beginning the construction of a new $96 million oil terminal to handle larger oil tankers at the port. continue reading »
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Ecuador Imposes Food Price Controls Despite Strong Business Opposition
February 26, 2013 | by HS News Staff
In Latin America news Ecuador President Rafael Correa has put price controls on numerous critical food products including milk and eggs and in spite of strong protest from local businesses continue reading »
Latin America News: Brazilian Economy Expected to Grow by 3.1% in 2013
February 25, 2013 | by HS News Staff
Economists at Brazil's leading banks predict that Latin America's largest economy will grow by 3.1 percent in 2013, according to the results from the central bank's latest weekly survey. continue reading »
Latin America News: Brazil’s Telefonica Profits Rise
February 25, 2013 | by HS News Staff
In Latin America business news Brazil's Telefonica posted a profit of 2.1 percent from a year ago. Telefonica is the country's wireless communication leader. continue reading »
Dozens of Brazilian Ports Shut Down as a Result of Strike
February 22, 2013 | by HS News Staff
A strike to protest the Brazilian government's plan to privatize several ports shut down at least 36 terminals for six hours on Friday, union spokespersons said. continue reading »
Walmart Saw $17 Billion Profit in 2012
February 22, 2013 | by HS News Staff
Walmart Stores, Inc., the world's largest retailer, said Thursday it posted income from continuing operations of $17 billion in the fiscal year ended Jan. 31, up 7.8 percent from the comparable prior period, thanks to higher sales and lower financing costs. continue reading »
Brazil and Russia Sign Deals to Increase Bilateral Trade
February 21, 2013 | by HS News Staff
Brazil and Russia signed a series of agreements Wednesday aimed at increasing annual trade flows between two of the world's largest emerging economies from $5.9 billion to at least $10 billion in the coming years. continue reading »
Bolivia Says No Need to Fear Nationalization, Only Those Who Steal from Us Should Fear
February 21, 2013 | by HS News Staff
Bolivia President Evo Morales wants to assure potential and current investors not to fear nationalization of their businesses in the country. This statement came after Spanish-firm managing the country's airports was taken over. continue reading »
Spanish Wine Makers Looking to Expand into Mexican Market
February 20, 2013 | by HS News Staff
A total of 47 Spanish wine producers participated in the 7th Wines of Spain Exhibition held on Tuesday in this capital, an event designed to allow local sector professionals to get to know brands continue reading »
