Italian daily says Telefonica planning joint offer for TIM Participacoes- report
Italian newspaper Il Sole 24 Ore said Telefonica is planning a joint offer of TIM Brasil, the local wireless unit of Telecom Italia, Reuters reported.
South/Central America
Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US
The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to enter the US.
American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business
An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout...
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...
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...
Latest News
Eike Batista's Oleo e Gas to honor $31.2 million oil field debt
Oleo e Gas Participacoes, controlled by Brazilian investor Eike Batista, promised to repay its $31.2 million debt in two oil fields located south of Rio de Janeiro. Oleo e Gas could lose its 40% stake
Hedge funds seen to snatch risky opportunities US and foreign banks now avoid
While US and foreign banks do away with risky investments like municipal bonds, hedge funds had taken advantage with the loss of a competitor and increased their positions in such assets, a Barron's r
Invepar wins rights to upgrade, operate Brasilia-Rio de Janeiro highway, to invest $3.2 billion
Infrastructure group Invepar SA has won the rights to operate a 937-kilometer stretch of Brazil's BR-040 highway, connecting Brasilia to Rio de Janeiro. Invepar is expected to invest $3.2 billion in B
Brazil's Embratel to invest $944M in Mexico's Claro
Brazil-based fixed-phone company Embratel Participacoes will pour in BRL2.2 billion ($944 million) into Mexico-based mobile phone company Claro as part of a plan to merge the group's fixed and mobile
Brazil mining giant Vale to auction Log-In Logistica stake, Fosbrasil capital
Brazil-based iron ore mining giant Vale said it will sell its stake in Brazilian logistics firm Log-in Logistica International and auction its capital in phosphoric acid firm Fosbrasil.
Germany's Hapag-Lloyd says rival Hamburg-Sued should join merger talks with Chilean shipper Vapores
Juergen Weber, the chairman of Hapag-Lloyd AG, said that Hamburg-Sued should participate in merger talks between his company and smaller Chilean shipper Compania Sud Americana de Vapores SA.
$5.8 B debt accord sees Batista's OGX shares jump 21%
Investors seemed to be positive with regard to news from former Brazilian billionaire Eike Batista about Oleo & Gas Participacoes SA's creditors agreeing to convert $5.8 billion worth of company debt
Brazilian miner Vale agrees to divest VLI stake to Brookfield for $842M
Brazil-based iron ore miner Vale agreed to sell a stake in logistics company VLI SA to Canadian firm Brookfield Asset Management in a deal valued at BRL2 billion ($842.78 million).
Mexico's Sigma, China's Shuanghui share ownership of Spanish meat processor Campofrio in a deal worth $957M
Sigma Alimentos and Shuanghui International Holdings on Monday agreed to share ownership of Spanish canned ham and hotdog processor Campofrio Food Group SA. The co-ownership deal is worth $957 million
