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Latin America Business News

November 2012 Archives

Latin Recording Academy Announces Official Sponsors For The XIII Annual Latin Grammy Awards

Latin Recording Academy Announces Official Sponsors For The XIII Annual Latin Grammy Awards

The Latin Recording Academy proudly announced its official sponsors for the XIII Annual Latin GRAMMY Awards®. Heineken, 7UP, Gucci Timepieces & Jewelry, Delta Air Lines, McDonald's, L'Oreal Paris, Jack Daniel's, MetroPCS, and Allstate have all signed on to support and promote this year's L continue reading »

Spain Economic Minister:  Economic Reforms Producing “Positive Signs”

Spain Economic Minister:  Economic Reforms Producing “Positive Signs”

Spain's efforts to trim its budget deficit and put its financial house in order are producing "positive signs," the Iberian nation's economy minister said here Monday in an appearance before the European Parliament. continue reading »

Spain’s Iberia In Effort to Survive Economic Downturn Cuts 25% of Its Workforce

Spain’s Iberia In Effort to Survive Economic Downturn Cuts 25% of Its Workforce

Spain's Iberia will shed 4,500 jobs, nearly a quarter of its 20,000-strong workforce, as part of a series of permanent structural changes to salvage the airline, its parent company said Friday. continue reading »

Slight Up Tick in October Unemployment Rate to 7.9%, Latino Unemployment Creeps to 10%

Slight Up Tick in October Unemployment Rate to 7.9%, Latino Unemployment Creeps to 10%

The October jobless rate according to the Bureau for Labor Statistics ticked up to 7.9 percent from 7.8 percent in September. Hiring was more robust in August and September than first thought – which can be viewed as good news for President Obama five days before the presidential election. continue reading »

Apple Denied an Injunction in Mexico Against iFone

Apple Denied an Injunction in Mexico Against iFone

A judge has denied U.S. technology giant Apple an injunction that would have allowed it to continue selling iPhone-branded products in Mexico, ruling that the company iFone had the rights to that brand name earlier, an attorney for the Mexican firm told Efe. continue reading »