Cement Maker Bags Contracts in LatAm

Emerging Markets Investor: Company To Watch   By Gordon Platt   Cementos Argos, the leader in the Colombian cement industry, with a 51% market share, is benefiting from growing construction activity in its home market and a healthy backlog of ...

Economic Focus: Brazil

PLAY ON   By Antonio Guerrero   Brazil is betting that its huge investment in infrastructure projects for the 2014 Soccer World Cup and the 2016 Olympics will provide long-term benefits to the country.   Just six weeks after Rio ...

Emerging Markets: Brazil

ROUNDUP   By Antonio Guerrero   Flying high: Embraer sees rise in order backlog Spain’s Telefónica agreed to buy Portugal Telecom’s stake in Vivo, Brazil’s largest mobile-telephony provider, for $9.8 billion. With 56 million clients, Vivo has an estimated 30% ...

WORLD'S BEST INTERNET BANKS IN LATIN AMERICA 2010

Global Finance names the World's Best Internet Banks in Latin America 2010 NEW YORK, July 26, 2010 – Global Finance has announced the First Round winners in the "World's Best Internet Banks" competition in Latin America. This is the 11th ...

Emerging Markets: Brazil

ROUNDUP   By Antonio Guerrero   Petrobras, Brazil’s state-controlled oil company, is planning a $25 billion rights issue—one of the largest in history. The company hired Bank of America Merrill Lynch, Bradesco BBI, Citigroup, Itau BBA, Morgan Stanley and Banco ...

New Leader Promises To Heal Regional Wounds

NEWSMAKERS: COLOMBIA   By Antonio Guerrero   Juan Manuel Santos Colombians have reaffirmed their support for conservative politics and economics, electing the newest member of a growing group of right-wing Latin American leaders. President-elect Juan Manuel Santos won the run-off ...

Emerging Markets Roundup: Brazil

Roundup   By Antonio Guerrero   Hot property: Vale sells its aluminum business to Norsk Hydro In what is ranked as one of the largest acquisitions ever by a Norwegian company, Norway's Norsk Hydro aluminum producer signed a $4.9 billion ...

Rating Upgrade Vindicates Morales’s Policies

NEWSMAKERS: BOLIVIA   Rating Upgrade Vindicates Morales’s Policies   By Antonio Guerrero   Morales: High hopes for Bolivia’s econom y While many international investors have grown to distrust Bolivian president Evo Morales, a socialist who nationalized the hydrocarbons sector and telephone company, ...

Emerging Markets: Brazil

Roundup   By Antonio Guerrero   Cotton on: End of trade battle gives hope in ethanol dispute The Brazilian government launched the second phase of its economic stimulus plan, this time involving an estimated $883 billion in infrastructure investments through ...

Latin America Takes a Right Turn

RIGHT TURN   A rash of recent elections in Latin America has produced a marked swing to the political right. The region's new leaders are trying to strike a delicate balance as they attempt to build on their leftist predecessors' ...

Emerging Markets: Brazil

Roundup   By Antonio Guerrero   Meirelles: Reining in Brazil’s stimulus measures Brazil’s central bank moved to tighten monetary policy by raising bank reserve requirements on term deposits from 13% to 15% as of April 9. The central bank had ...

Emerging Markets: Brazil

Roundup   By Antonio Guerrero   Nacional, part of Wal-Mart’s rapidly expanding Brazilian arm With Brazil’s strong economic recovery fueling consumer demand, local and international retailers are increasing their market presence. Retail sales are expected to grow by 12% in ...