The billion-dollar fall of the house of Espirito Santo
On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it.
South/Central America
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 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...
Joe Biden's Rule Allowing Potentially Diseased Beef From Paraguay to Enter US Repealed by Senate
The Senate on Thursday passed a bill reversing the rule of the adminis...
Latest News
Telecom rivals battle for Vivendi's Brazil broadband unit
The battle over Brazil's telecoms market intensified on Thursday as European competitors Telecom Italia and Telefonica made rival offers for Vivendi's Brazilian broadband business GVT.
Brazil telecoms battle heats up as Oi steps in
The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.
Argentina says proposed debt swap aims to protect investors
Argentina's plan for making payments on its sovereign bonds via a local bank aims to protect the vast majority of creditors who participated in two debt restructurings, Cabinet chief Jorge Capitanich
BHP unveils spin-off but disappoints with no buyback
The world's biggest mining company, BHP Billiton BHP.AX BLT.L, announced plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profi
Argentina holds no positive expectations for Friday's debt hearing
Argentina's Cabinet chief Jorge Capitanich said on Friday the government held no positive expectations for a court hearing in New York later in the day that will discuss the South American country's d
Argentina defaults but investors see eventual deal possible
Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal
Time almost up for Argentina to avoid debt default
Argentina faced a race against on time on Wednesday to avert its second default in 12 years, needing to either cut a deal by the end of the day with "holdout" investors suing it or win more time from
Argentine default looms as time runs out for debt deal
Argentina looks set to default on its debt for the second time in 12 years next Thursday as negotiations with "holdout" investors seemingly go nowhere and neither side shows signs of blinking first, t
Brazil bandits steal $6.3 million of Samsung phones, computers
Bandits attacked a Samsung Electronics Co Ltd factory near Sao Paulo late Sunday and held workers hostage while they robbed truckloads of smartphones, tablets and notebook computers the company valued
