South/Central America

Taiwan Seeks US Funding as Chinese Warplanes Slowly Approach the Country

Taiwan's military engages in talks with the United States over newly allocated funding following reports of Chinese military aircraft breaching the sensitive median line of the Taiwan Strait.


Brazil Judge Opens Inquiry Into Elon Musk for Alleged Obstruction of Justice

A Supreme Court judge in Brazil has launched an investigation into Elon Musk for alleged obstruction of justice...

Mayor of Medellin, Colombia Bans Prostitution After American Man Caught With 2 Local Underage Girls in Hotel Room

The mayor of Medellin, the second-largest city in Colombia, has banned prostitution in some of the city's most popular places for six months...

Donald Trump Reacts to Mexico President's $20 Billion Demand From Joe Biden, Says AMLO Has Little Respect for Biden

Former President Donald Trump has reacted to Mexico's President Andres Manuel Lopez Obrador's demand for $20 billion a year from the Biden administration in exchange for help to halt the surge of ille..


Latest News

Chile-based CFR Pharmaceuticals shareholders sweetens bid for South Africa's Adcock
Shareholders of Chile-based firm CFR Pharmaceuticals gave a nod on Friday for a sweetened takeover offer for South African drug maker Adcock Ingram in a bid to woo the top shareholder of the South Afr
Banco de Chile top shareholder to sell up to around $1B in shares
LQ Inversiones Financieras, Banco de Chile's majority shareholder, will sell up to 6.9 billion shares equivalent to $963 million. The exit deal would reduce LQ's stake in the Chilean lender from 58.4%
Creditors of bankrupt Brazilian bank Banco Cruzeiro do Sul propose debt-to-equity swap
In an attempt to get their money back faster, creditors of Brazil-based Banco Cruzeiro do Sul, are looking for a debt-to-equity swap on an unsecured debt valued at 2.3 billion, Bloomberg reported.
China's Fosun International Ltd to buy insurance arm of Portugal's state bank for €1B
The insurance unit of Portugal's Caixa Geral de Depositos SA will be acquired by China's Fosun International Ltd in a deal worth €1 billion, Reuters reported.
Norwegian paper manufacturer Norske Skog agrees to offload remaining stake in Brazilian unit for $37M
Norway-based newsprint and magazine paper manufacturer Norske Skog inked an agreement to exit its remaining stake in its Brazilian operations to Papeles Bio Bio SA for $37 million.
Panama Canal Authority, Spanish-led consortium to keep $7B Panama Canal expansion project running
The Panama Canal Authority and a building consortium led by Spain's Sacyr Vallehermoso SA on Tuesday agreed to put up at least $100 million each to keep the Panama Canal expansion project running. The
Grupo BTG Pactual says Brazil's 2014 presidential elections will curtail M&A activity
Sao Paulo-based investment bank and asset wealth manager Grupo BTG Pactual said Brazil's presidential elections scheduled in October 2014 will curtail the mergers and acquisitions activity this year,
Global tech market forecast to decline in 2014 with no new growth driver - study
With no new gadgets seen to fuel growth, the global technology market is poised for a slight drop in 2014, according to estimates from the Consumer Electronics Association, the Financial Times reporte
Spain's Telefonica denies involvement in joint offer for TIM Brasil
Spain's Telefonica said it was not thinking of making a joint bid for TIM Brasil, the Brazil-based wireless network operator of Telecom Italia, Reuters reported.
Clinton endorses controversial private equity-backed for-profit higher education chain- report
Former President of the United States Bill Clinton is the Honorary Chancellor of a controversial private equity-backed Laureate Education Inc, a for-profit company, Bloomberg reported.
Real Time Analytics