Latin America Business News
August 2010 Archives
Hispanic Business: MillerCoors Continue to Provide Resources
August 31, 2010 | by LatinVision Media
MillerCoors continues to empower urban and multicultural communities by offering small businesses the unique opportunity to vie for $150,000 in business grants with its signature program, the MillerCoors Urban continue reading »
Mexico’s Peso Declines for a Fifth Straight Day Against U.S. Dollar
August 25, 2010 | by Bloomberg
Mexico’s peso fell for a fifth straight day, dropping 0.4 percent to 12.9613 per U.S. dollar at 7:48 a.m. New York time, from 12.9084 yesterday. continue reading »
Televisa and Nextel to be New Telecommunication Provider in Mexico
August 19, 2010 | by HS News Staff
In July, Televisa announced it would team up with Nextel Mexico to go into the mobile phone business and therefore submit a bid to provide mobile telecommunication services at Mexican airports. continue reading »
Callaway Golf to Move Operations to Mexico
August 12, 2010 | by The Republican
In a move expected to save Callaway $35 Million over 3 years, golf ball production will be moved to a new plant in Monterey Mexico. Callaway’s golf club manufacturing operations will also move to Mexico over the next 18 months. continue reading »
Venezuela’s State Oil Co. Posts 53% Drop in Earnings
August 4, 2010 | by Newsmeat
Venezuela’s state oil company, Petroleos de Venezuela (PDVSA), posted a 53% decrease in its earnings due to lower crude prices, reduced production as mandated by the Organization of Petroleum Exporting Countries (OPEC) and reduced investment. The loss of $5.5billion in earnings occurred through last year. continue reading »
Nicaragua Amplía Proyecto de Energía Geotérmica
August 3, 2010 | by IADB News
Préstamo de US$40 millones apoyará expansión del proyecto geotérmico San Jacinto-Tizate y aumentará capacidad de generación de electricidad. continue reading »
Vale SA makes offer for Paranapanema SA- 1.1 Billion
August 2, 2010 | by Bloomberg
Brazil based Vale SA, the worlds largest iron-ore miner offered to buy Paranapanema SA for 1.1 Billion dollars. A move that would leave Vale SA, one of the world’s top producers of copper. continue reading »
