Latin America Investment and Market News Weekly
Mexican inflation at the peak The annual Mexican inflation has speed up in July to 4.42 percent. That's the highest level since March of 2010. The increase in prices came mainly from food products...
View ArticleMeet the “Latin American Bill Gates”
Lucas Lezcano Velez is a 34-old professional from Argentina. About five years ago he had very difficult period when he lost his grandparents. He had no place to go and became a homeless. Thanks to...
View ArticleLatin America Investment and Market News Weekly
Chilean GDP grows over 5% in the quarter The economy of Chile has grown 5.5 percent in the second quarter in the annual comparison, according to the country's Central Bank. The domestic demand grew...
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Mexico launches international dispute on Argentina at WTO Mexico has launched its first dispute against Argentina at the World Trade Organization, following similar acts from the United States, the...
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Santander now expects to raise US$ 4 bln in Mexico Santander has announced that it will raise US$ 4.2 billion with the sale of 24.9 percent of its shares in Mexico. The price per share would be from...
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Exchange houses banned from Argentinian airports The Argentinian government has banned the private exchange houses in Argentinian airports and ports. Currently, the only authorized institution to...
View ArticleChilean government pushes investments at the London Stock Exchange
In a move to attempt a better bilateral, commercial relationship between Chile and the United Kingdom, the Chilean minister of Economy, Felipe Larraín, went to the London Stock Exchange to celebrate...
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Brazil: smartphone sales grow 77% in the semester A survey by IDC says that sales of smartphones in Brazil have grown 77 percent in the first semester of 2012 comparing to the same period of last...
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Batista to sell 49% of AUX to Qatar Holding Gold mining company AUX, a subsidiary of EBX group, is trying to get a deal to sell 49 percent of its stakes. Qatar Holding, the investment arm of Qatar's...
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Airlines Gol, TAM total over US$ 788 million in losses The Brazilian government has manifested this week its worry about the largest airlines of the country. Gleisi Hoffmann, chief of staff to...
View ArticleIs Chile still attractive for investors?
Chile is still regarded by the World Economic Forum as the most competitive economy in Latin America. The country has by far the most friendly business environment and the most reliable institutions...
View ArticleIntelligentHQ Latin America Investment and Market News Weekly
Cargill changes president in Brazil Marcelo Martins is leaving his post as president of Cargill in Brazil. Martins will assume Cargill Foods Mexico. Luiz Pretti will become the president of the...
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OSX’s shipyard gets R$ 2.7 billion from banks OSX, the naval construction arm of Batista’s ESX group, is getting a loan of R$ 2.7 billion (US$ 1.3 billion) from state-owned banks BNDES and Caixa...
View ArticleIntelligentHQ Latin America Investment and Market News Weekly
After Slim, Itaú gets stake of YPF Latin America’s largest bank by market value, Itaú Unibanco Holding SA, has acquired a 3.6 percent of YPF shareholding last week. The purchase was part of a...
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Fusion in Colombia allows Telefonica to reduce debt Spanish telecommunications group Telefónica says that the merging between Colombia Telecomunicaciones and Telefónica Móviles Colombia will allow...
View ArticleCurrent Brazilian OGX’s Dilemna: Will billionaire Batista survive or not?
OGX, the crude oil arm of the group EBX owned by billionaire Eike Batista, is experiencing a decline in oil production at the Campos Bay. Now, the forecast is that OGX will produce 5,000 barrels a...
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Colombian coffee harvest grows 52% The Colombian coffee harvest has grew 52 percent in June compared to the same month of 2011. Experts blame the end of of torrential rains in the areas of coffee...
View ArticleWayra – a Startup Incubator for Europe and Latin America
Wayra is a Telefónica Digital initiative whose main aim is to identify talent and promote innovation in Latin America and Europe, focused in the fields of Internet, new information and communication...
View ArticleIntelligentHQ Latin America Investment and Market News Weekly
GM workers in Brazil to do strike Workers of a General Motors assembling plant in São José dos Campos, Brazil, decided to strike protesting against of a possible shut down of a sector. The...
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Telecom authority in Brazil suspends sales of new cell phone lines The telecommunications authority in Brazil, Anatel, has decided to suspend all sales of cell phone lines in the country temporarily....
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