Latin America experienced a phenomenal growth in the last decade. However, according to World Bank, the economic growth has not reached some people.Meanwhile the region's economy is slowing down in the last three years.
Adventure brand and Esprit owner and co-founder of the North Face outdoor company, Douglas Tompkins, died in a kayaking accident in Chile. He spent a large percentage of his wealth on environmental conservation.
After five years of negotiations, 12 Pacific nations are about to conclude on a free trade agreement (FTA) as these countries have arrived on an understanding on Trans Pacific Partnership (TPP) deciding monopoly on new biotech drugs.
Nearly a quarter of the world's major copper mines are running in the red, even after producers including Codelco [COBRE.UL] and BHP Billiton engage in their deepest cost-cutting in years, according to a Reuters analysis.
Chinese President Xi Jinping pledged on Thursday $250 billion in investment in Latin America over the next 10 years as part of a drive to boost resource-hungry China's influence in a region long dominated by the United States.
New York City regained its top position among global commercial real estate buyers, unseating London and highlighting the appeal of U.S. properties in general, according to a survey of international investors released Tuesday.
U.S. President Barack Obama said on Monday he sees momentum building for a Washington-backed free trade agreement in the Asia-Pacific, after arriving in Beijing on the first leg of an eight-day Asia tour.
Mick Davis, the former boss of miner Xstrata, has made an offer for Anglo American assets including copper mines in Chile, Brazilian nickel mines and some coal operations, the Sunday Times reported without citing sources.
The shine may soon come off Chile's decade-long copper boom as technical and regulatory problems in getting new mines into production highlight just how hard it will be to keep ratcheting up the supply.
The government of Chile gave $350,000 in funding to tech startup Kaitek Labs to develop prototype of a device that detects red tide in a bid to reduce the costs of testing for toxins.
San Francisco, US-based venture capital firm Rise Capital is set to raise $146 million to back startups in Africa, South America, and other emerging markets.
Chilean regulators have removed the accreditation of Universidad de las Americas, a university owned by Laureate Education where the honorary chancellor is former President Bill Clinton, Bloomberg reported.
San Diego-based venture capital fund Origo Ventures secured a grant worth $1 million from the investment arm of the Chilean government called CORFO. Proceeds will be used to invest in promising startups in Chile.
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 African firm.
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.
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