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Latin America Business News

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Mexico Wants to “Deepen” Trade Relations with European Union

Mexico Wants to “Deepen” Trade Relations with European Union

The Mexican government plans to "deepen" its trade relations with the European Union this year via negotiations set to start in a few months, Economy Secretary Ildefonso Guajardo said. continue reading »

Movie Productions Pumps $20 Million into Puerto Rican Economy

Movie Productions Pumps $20 Million into Puerto Rican Economy

Currently underway in Puerto Rico are several movie productions that will pump some $20 million into the local economy, the executive director of the state-run Puerto Rico Film Commission, Demetrio Fernandez, said. continue reading »

Nestle Selling Infant Nutrition Business in Mexico

Nestle Selling Infant Nutrition Business in Mexico

Swiss food giant Nestle will sell the infant nutrition business it acquired as part of the purchase of U.S.-based pharmaceutical giant Pfizer's global infant nutrition unit, the Federal Competition Commission, or CFC, said Monday. continue reading »

BajaLibros Launches Spanish-Language eBookstore in U.S.

BajaLibros Launches Spanish-Language eBookstore in U.S.

BajaLibros, one of the Latin America’s largest and most well known digital bookstores has announced plans to come to the U.S. continue reading »

Woman Dies from Lethal Butt Injections in Costa Rica

Woman Dies from Lethal Butt Injections in Costa Rica

Costa Rican authorities are reporting the death of a 33-year-old woman from illegal buttocks injections. The unidentified victim received butt shots as a cosmetic procedure that became infected. continue reading »

Spotify Eyes Latin America for Expansion, Service to Launch in Mexico Soon

Spotify Eyes Latin America for Expansion, Service to Launch in Mexico Soon

Sweden's Spotify, a music streaming service that gives users access to millions of songs, is looking at expanding across the Americas, the company's managing director in Spain, Javier Gayoso, said. continue reading »

MEXICO: Volaris  Begins Using Fuel Efficient Airbus

MEXICO: Volaris Begins Using Fuel Efficient Airbus

Mexican discount carrier Volaris has started operating the first of 50 Airbus A320s equipped with wing tip fuel saving devices, known as "sharklets," that will allow it to reduce fuel use by up to 4 percent. continue reading »

Goya, Beech-Nut Launch Latin-Flavored Baby Food

Goya, Beech-Nut Launch Latin-Flavored Baby Food

Beech-Nut Nutrition and Goya Foods, Inc. have forged an unprecedented partnership to launch a new line of authentic Hispanic flavored baby foods made with Hispanic moms in mind. continue reading »

Former British Prime Minister and Argentine Foe Margaret Thatcher Dies

Former British Prime Minister and Argentine Foe Margaret Thatcher Dies

Former British Prime Minister and Argentine foe Margaret Thatcher has dies at age 87 from a stroke. Thatcher led British forces to victory over Argentina in the 1982 Falklands War continue reading »

Study: Corporate Diversity Programs Give Illusion of Fairness

Study: Corporate Diversity Programs Give Illusion of Fairness

Diversity training programs lead people to believe that work environments are fair even when given evidence of hiring, promotion or salary inequities, according to new findings by psychologists at the University of Washington and other universities. continue reading »

Alsea Acquires Master Franchise for Burger King in Mexico

Alsea Acquires Master Franchise for Burger King in Mexico

Mexican restaurant operator Alsea said it acquired the master franchise for Burger King brand fast-food eateries in Mexico. "Pursuant to the Joint Venture Agreement reached between Alsea and Burger King Worldwide, Inc. ("BKW"), the BKW subsidiary in Mexico was merged into Operadora de Franquicias Alsea S.A. de C.V. ("OFA"), an Alsea subsidiary, which will become the merged company and the operator of 204 BURGER KING restaurants in Mexico," the company said in a statement. continue reading »

Mexico’s Economy Expected to Grow 4 Percent in 2014

Mexico’s Economy Expected to Grow 4 Percent in 2014

The government is maintaining its forecast for 4 percent gross domestic product (GDP) growth in 2014, based on the assumption that tax reforms are not implemented in Mexico, the Finance Secretariat said in a report to Congress. continue reading »

Monthly Remittances to Mexico $1.58 Billion - 11% Drop

Monthly Remittances to Mexico $1.58 Billion - 11% Drop

Mexico received $1.58 billion in remittances in February, 11.1 percent below the amount recorded in the same month of 2012, the country's central bank said Monday. continue reading »

U.S. Developer Taubman to Build $400 Million Luxury Mall in Puerto Rico

U.S. Developer Taubman to Build $400 Million Luxury Mall in Puerto Rico

U.S. Developer Taubman is planning a $400 million shopping mall in San Juan, Puerto Rico that will host high-end retailers Nordstrom and Saks Fifth Avenue amongst others. continue reading »

Chevron Embargo Could Hinder Investments in Argentina, Says YPF

Chevron Embargo Could Hinder Investments in Argentina, Says YPF

The CEO of Argentine state-controlled oil company YPF says a court ruling embargoing the assets of Chevron Corp.'s local subsidiary could hinder investment flows into the South American country. continue reading »