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Latin America Business News

March 2014 Archives

Mexican Business Man Arrested in $360 Million Banamex Fraud Case

Mexican Business Man Arrested in $360 Million Banamex Fraud Case

Amado Yañez Osuna, the main stockholder in Pemex contractor Oceanografia, was arrested by Mexican prosecutors, officials said Monday. continue reading »

Argentina Thanks Spain, Mexico for Assisting with Repsol Agreement

Argentina Thanks Spain, Mexico for Assisting with Repsol Agreement

Argentina's government on Thursday thanked Spanish Prime Minister Mariano Rajoy and Mexican President Enrique Peña Nieto for the "very positive" role they played in helping it reach an agreement with Spanish oil company Repsol on compensation for the takeover of its former unit, YPF. continue reading »

Major Changes in Textile Imports Could Benefit Dominican Republic

Major Changes in Textile Imports Could Benefit Dominican Republic

The Dominican Republic's textile industry, hampered in recent decades by Chinese competition, has begun growing again and may recover a leadership position thanks to Western companies' declining enthusiasm for sourcing production in Asia, the CEO of Spanish garment technology company Jeanologia told Efe. continue reading »