South/Central America
America Movil, Telefonica, Oi to bid for Brazil's TIM: report
Mexico's America Movil SAB, Spain's Telefonica SA and Brazil's Grupo Oi SA agreed to place a bid for and to break up TIM Participações SA (TIMP3.SA), Brazil's second-largest wireless carrier, Folha de S. Paulo reported on Friday without saying how it obtained the information.
At Brazil auto show, industry wonders if it can get any worse
Automakers in Brazil are facing the sharpest slowdown since 1999 and it could be a year or more before things turn the corner.
Chanos takes profit on his top 2014 short sale - Brazil
Hedge fund manager Jim Chanos, the prominent short-seller, said Tuesday he has lightened up on some of his bets against Brazil, saying most of the country's downside risk is priced in after the sharp selloff over the past two months.
Cutrale-Safra wins takeover battle for fruit producer Chiquita
Chiquita Brands International Inc (CQB.N) agreed on Monday to a $682 million takeover by Brazilian juice maker Grupo Cutrale and investment firm Safra Group, with the U.S.-based banana producer going private early next year at the latest.




