South/Central America

Li Keqiang

China's Premier Li sees growth of 7.0 percent in 2015

China's economy is expected to grow at 7.0 percent this year, Chinese Premier Li Keqiang said on Monday. Speaking at the headquarters of the United Nations' Latin American arm ECLAC in Chilean capital Santiago, Li said that data in April and May data showed the Chinese economy had maintained momentum.

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Joaquim Levy

Brazil's Levy says budget freeze adequate, worried about revenue

Brazilian Finance Minister Joaquim Levy said on Monday that the size of the budget freeze announced last week was "adequate," but he expressed concern about the forecast for government revenues this year.

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Grupo BTG Pactual

Brazil's BTG Pactual, P2 sell energy company to SunEdison

Brazilian investment bank BTG Pactual SA (BPAC3.SA) and its partners P2Brasil and GMR Energia jointly sold 100 percent of renewable energy company Latin America Power (LAP) to SunEdison, BTG and P2 said on Thursday.

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Ford

Ford Venezuela to sell pickups, SUVs in dollars: union

The Venezuela division of Ford Motor Co (F.N) will sell pickups and sport utility vehicles in dollars, a union leader said on Wednesday, part of a deal with the government to restart operations stalled for lack of hard currency to import parts.

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Brazil's largest fixed-line telecoms group Oi

Brazil's Oi rethinks Unitel stake sale as Angola relations warm

Brazilian telecom group Oi SA (OIBR3.SA) is reconsidering the sale of its African assets as relations improve with an estranged partner, Chief Executive Bayard Gontijo said on Monday.

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Andre Esteves

BTG Pactual sees $1.15 billion gain from Rede D'Or stake sale

Grupo BTG Pactual SA (BBTG11.SA) could book a net gain of about 3.5 billion reais ($1.15 billion) when the recent sale of a stake in Brazilian hospital chain Rede D'Or São Luiz SA is completed, Chief Executive Officer André Esteves said on Thursday.

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Chipotle Mexican Grill

Chipotle goes GMO-free in first for fast-food sector

Chipotle Mexican Grill Inc on Monday said the 46 ingredients used in its roughly 1,800 restaurants were now free of genetically modified organisms, becoming the first major U.S. restaurant chain to make that switch.

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Petrobras

Petrobras tries to turn page on corruption, talks oil

Executives at Brazil's Petrobras on Thursday sought to move on from a giant corruption scandal that has plagued the state-run oil company, outlining a back-to-basics recovery plan that left some investors hoping the worst was over.

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America Movil

America Movil says still looking at Mexico asset sale alternatives

Mexico's America Movil (AMXL.MX) said on Friday that it was still reviewing alternatives to a sale of assets in Mexico in the wake of AT&T's entry into the market, adding that it did not want to sell infrastructure.

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Flag of Cuba

New York's Infor says reaches deal to resell software in Cuba

New York City-based software company Infor has identified a Cuban partner and reached an agreement to resell software in Cuba, Chief Executive Officer Charles Phillips said on Tuesday.

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Toyota

Toyota to invest $1 billion on new Mexico plant, create 2,400 jobs: source

Toyota Motor Corp (7203.T), the world's biggest automaker, will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter said.

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iPhone 6

Brazil's iPhone investment falls short on promises of jobs, lower prices

The Brazilian iPhone was meant to mark a new era. When Taiwan's Foxconn Technology Group agreed in April 2011 to make Apple products here, President Dilma Rousseff and her advisers promised that up to $12 billion in investments over six years would transform the Brazilian technology sector, putting it on the cutting edge of touch screen development. A new supply chain would be created, generating high-quality jobs and bringing down prices of the coveted gadgets.

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General Electric

GE sees Latin American growth despite turbulence

General Electric Co projects revenue growth in the high single digits for Latin American in 2015 despite difficulties in major markets such as Brazil and Venezuela, the company's chief executive for the region said on Thursday.

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U.S.-Cuba relationship

Cuba says U.S. companies won't get preferential treatment

U.S. companies can expect the same treatment as those from the rest of the world, receiving neither special benefits nor punishment, if there is a further commercial opening between Cuba and the United States, Cuba's foreign trade minister said.

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Citibank

Argentine central bank to send regulators to local Citibank HQ: media

Argentina's central bank will send regulators to the headquarters of Citibank Argentina on Monday, the head of the monetary authority has said, the latest move between the bank and the state over defaulted debt.

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