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



Latin America Business News

Complete Archives

Latin America News:  Ecuador Oil Production Increases by Nearly 3 Percent

Latin America News:  Ecuador Oil Production Increases by Nearly 3 Percent

Ecuador increased its oil production by 2.9 percent in the third quarter of 2012, compared to the same period a year earlier, to an average of 508,800 barrels per day (bpd), the Central Bank said. continue reading »

Pemex Prepares to Lay Off 15,000 in Mexico

Pemex Prepares to Lay Off 15,000 in Mexico

State-owned oil giant Petroleos Mexicanos, or Pemex, plans to cut at least 15,000 jobs as part of a reorganization, press reports said. continue reading »

inPERU Road Show arrives in Chicago to Highlight Opportunities in Peru

inPERU Road Show arrives in Chicago to Highlight Opportunities in Peru

Fresh off of successful road shows in London and Hong Kong, inPERU, a non-profit association made up of government and financial entities whose main goal is to promote investment opportunities in Peru, continues its U.S. tour. On Wednesday, Jan. 30, the inPERU Road Show arrives in Chicago for its second stop in its US three-city tour – including stops in New York City and San Francisco continue reading »

Spanish Prime Minister Urges Germany to Adopt Stiumlus

Spanish Prime Minister Urges Germany to Adopt Stiumlus

Germany and the other creditor nations in the Eurozone should take action to stimulate economic growth, Spanish Prime Minister Mariano Rajoy said in an interview with Britain's Financial Times. continue reading »

Prince Felipe: Now is the Time to Invest in Spain

Prince Felipe: Now is the Time to Invest in Spain

Crown Prince Felipe told international investors on Tuesday that now is the "best time" to take advantage of business opportunities that are opening up in Spain as the Iberian nation adopts the necessary measures to resume growing economically. continue reading »

Trumps to Build Residential Tower in Uruguay for $100 Million

Trumps to Build Residential Tower in Uruguay for $100 Million

Two offspring of Donald Trump launched Tuesday in Punta del Este a $100-million building development with which the U.S. magnate plans to mark "a before and after" of the famous Uruguayan seaside resort. continue reading »

Spanish Retailer Mango Closing Its Last Store in Brazil

Spanish Retailer Mango Closing Its Last Store in Brazil

The closure of the last store operated by the Spanish fashion firm Mango in Brazil, scheduled for next week, is a "fact," continue reading »

Latin America News: Brazil’s Petrobras to Buy $500M in GE Equipment

Latin America News: Brazil’s Petrobras to Buy $500M in GE Equipment

GE Oil & Gas, a unit of U.S. conglomerate General Electric Co., said Tuesday it won a $500 million contract to provide Brazilian state-controlled oil giant Petrobras with turbomachinery equipment and services for deepwater oil production. continue reading »

Japan’s Kirin Beer Expected to Expand Its Presence in Brazil

Japan’s Kirin Beer Expected to Expand Its Presence in Brazil

The Brazilian unit of Japan's Kirin wants to increase its market share in this South American country via organic growth of its brands, such as Devassa beer, company executives said. continue reading »

Latin America News: Mexico Set to Buy Fertilizer from Ukraine

Latin America News: Mexico Set to Buy Fertilizer from Ukraine

Negotiations are taking place for Mexico to "purchase up to 500,000 tons annually" of fertilizer from Ukraine, the National Peasants Confederation, or CNC, said. continue reading »

Property Taxes on ‘Luxury’ Homes in Costa Rica Increase 10-Fold

Property Taxes on ‘Luxury’ Homes in Costa Rica Increase 10-Fold

The Ministry of Hacienda Tax in Costa Rica has readjusted the property values of ‘luxury’ homes therefore increasing real estate taxes ten-fold. continue reading »

Brazilian Government OKs Power Line Run by Spanish Firm

Brazilian Government OKs Power Line Run by Spanish Firm

Brazil's environmental protection agency said it has granted Spanish company Isolux Energia a license to operate a power transmission line between the southeastern states of Sao Paulo and Rio de Janeiro. continue reading »

Mexico Continues Bribery Investigation of Walmart

Mexico Continues Bribery Investigation of Walmart

The Mexican unit of U.S.-based retail giant Wal-Mart Stores Inc. said in a statement that it has provided information regarding the corruption allegations it faces and reiterated its pledge to continue cooperating with Mexican authorities. continue reading »

Spanish PM Rajoy Announces Spanish-Algerian Business Summit for March

Spanish PM Rajoy Announces Spanish-Algerian Business Summit for March

Spanish Prime Minister Mariano Rajoy announced Thursday that business leaders from his country and Algeria will gather here in March for a summit to explore investment opportunities. continue reading »

Mexico’s Auto Production up 12.8% in 2012

Mexico’s Auto Production up 12.8% in 2012

Mexico's production of motor vehicles grew 12.8 percent last year to a record 2.88 million units as exports increased 9.9 percent to 2.35 million, also a new high, the AMIA industry association said Thursday. The strength of the export sector compensated for slow sales at home, AMIA said. continue reading »