1. Skip to navigation
  2. Skip to content
  3. Skip to secondary content



Latin America Business News

Complete Archives

PEMEX Posts Solid Earnings of $390M for 2012, After Losses $6.54B in Prior Yr

PEMEX Posts Solid Earnings of $390M for 2012, After Losses $6.54B in Prior Yr

Mexican state-owned oil monopoly Petroleos Mexicanos said it posted net income of nearly 5 billion pesos (some $390 million) in 2012, a year after registering a net loss of $6.54 billion. continue reading »

Latin American Would Not Escape Effects of U.S. Sequester

Latin American Would Not Escape Effects of U.S. Sequester

With just one day before Friday‚Äôs sequester deadline, the United States government is preparing for massive cuts, but our neighbors south of the border should also be preparing, as Latin America will not escape the effects of the spending cuts. continue reading »

TBN Latino Affiliate Enlace Television Launches Innovative App for Mobile Viewing

TBN Latino Affiliate Enlace Television Launches Innovative App for Mobile Viewing

Enlace, Trinity Broadcasting Network's Spanish-language affiliate network, has launched an exciting free mobile app giving users of iPhones, iPads, Androids, and other mobile devices 24-hour real-time access to Enlace Television, America's most popular Spanish-language Christian network, and EJ TV, the cutting-edge faith channel for Latino young people. continue reading »

Mexico’s Powerful Teacher’s Union Leader Arrested for Possible $204M Theft

Mexico’s Powerful Teacher’s Union Leader Arrested for Possible $204M Theft

In Mexico news, one of Mexico's most powerful union leaders, Elba Esther Gordillo was arrested at the Toluca airport on suspicion that she siphoned over $200 million of teachers union funds for personal use. continue reading »

Spain’s Energy Giant Repsol Sells Assets to Shell in $6BN Deal

Spain’s Energy Giant Repsol Sells Assets to Shell in $6BN Deal

Spanish energy giant Repsol SA said Tuesday that it agreed to sell a package of liquefied natural gas assets to Royal Dutch Shell Plc in a transaction valued at $6.65 billion. continue reading »

President Warns Economy, Nat’l Security Will Suffer with Spending Cuts

President Warns Economy, Nat’l Security Will Suffer with Spending Cuts

President Barack Obama said Tuesday that the U.S. economy and national security will suffer if a set of automatic spending cuts takes effect later this week. continue reading »

In Latin America News: Mexico Telecom Industry Grew 13.6% in 2012

In Latin America News: Mexico Telecom Industry Grew 13.6% in 2012

In Latin America news Mexico's telecom industry posted its healthiest grow in four year. Mexican telecommunications grew by 13.6% last year due in great part to wireless and satellite television. continue reading »

Puerto Rico Airport Set to be Privately Managed Under 40-year Contract

Puerto Rico Airport Set to be Privately Managed Under 40-year Contract

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

In Latin America News:  Costa Rica Constructing $96M Oil Terminal

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 »

Ecuador Imposes Food Price Controls Despite Strong Business Opposition

Ecuador Imposes Food Price Controls Despite Strong Business Opposition

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

Latin America News: Brazilian Economy Expected to Grow by 3.1% in 2013

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

Latin America News: Brazil’s Telefonica Profits Rise

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

Dozens of Brazilian Ports Shut Down as a Result of Strike

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

Walmart Saw $17 Billion Profit in 2012

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

Brazil and Russia Sign Deals to Increase Bilateral Trade

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 »