Latin America

  EMERGING MARKETS INVESTOR: COMPANY TO WATCH By Gordon Platt   Viña Concho y Toro, the largest wine exporter in Chile, recently signed a global marketing agreement with Manchester United Football Club in England—although maybe it should have signed with ...

ROARING BACK TO LIFE   Latin America has shown its strength over the past year and is reaping the benefits of that now, with increasing FDI flows, diversified trading partners and debt markets that are heating up.   By Denise ...

Venezuela   By Antonio Guerrero   Chávez: Economic troubles are turning his dreams into a nightmare Venezuelan president Hugo Chávez's dream of spreading his "21st century socialism" throughout Latin America could be halted by a troubled economy. After he spent ...

ROUNDUP   By Antonio Guerrero   With Brazil's economy expected to grow at around 7% this year and borrowing costs declining, Brazilian companies are seeking financing for their expansion plans. MMX, a leading metals and mining company, hopes to raise ...

Investor: Company to watch   By Gordon Platt   LLX Logística was created in 2007 by Eike Batista-controlled EBX Group to build three large private ports serving southeastern Brazil, a region that accounts for more than 75% of the country’s ...

Costa Rica   By Dan Keeler   All smiles: Chinchilla celebrates with supporters Laura Chinchilla, a former vice president and justice minister, is set to become Costa Rica's first female president after winning the country's early February election with a ...

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 ...

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 ...

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% ...

GLOBAL FINANCE names the World’s Safest Banks 2010 in Latin America   NEW YORK, August 30, 2010 — Global Finance magazine (www.gfmag.com) has named the top 5 “Safest Banks in Latin America” in an exclusive survey to be published in ...

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 ...

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 ...

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 ...

MILESTONES: LATIN AMERICA   Investment Floods Back To Latin America   By Antonio Guerrero   High and dry: Caribbean countries may miss out Following a hefty 42% yearon- year drop in FDI in Latin America last year, investors appear to ...

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 ...

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, ...

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   by Antonio Guerrero   REGIONAL WINNER: Banco Santander Brazil continues to shine as the jewel in Santander's crown, helping the Spanish bank consolidate its position as Latin America's premier financial group. Santander Brasil set a benchmark in ...

Mexico   By Antonio Guerrero   Calderó n: Boosting investors’ confidence in Mexico While Mexican president Felipe Calderón works to kick-start his nation's economy, badly hit by the US recession, international investors are encouraged by signs of recovery and have ...

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' ...