More News in BNamericas.com

Latin America could see 22mn lines ported by 2014, with Mexico and Brazil as the most dynamic countries in that regard, according to a report by Signals Telecoms Consulting. Since 2008, four market...

Uruguayan state-owned entities are working together on a plan to prevent floods and store rainwater to combat drought, an official from the country's public works and transport ministry (MTOP) told BN...

The tender for a public service provision (PPS) project to build the second phase of the Macrobús bus rapid transit (BRT) system in Mexico's Jalisco state capital Guadalajara will be launched in Janua...

Venezuelan briquette producers Matesi, Comsigua, Orinoco Iron and Venprecar, which are all in the process of being nationalized, are still waiting to find out what the government's official agenda for...

Ecuadorian state generator Termoesmeraldas has declared void the bidding process to carry out feasibility studies for the 132MW Shushufindi thermo project. The process was called off after no offer...

The Argentine government is set to announce a new Gas Plus program allowing companies to sell natural gas at above-regulated rates, according to local press reports. The new program could attract a...

Software purchases by Central American SMEs are growing in spite of the global economic slowdown, the head of SAP's (NYSE: SAP) Mexico and Central America division, Ali Hamid, told BNamericas. Sale...

The union at BHP Billiton's (NYSE: BHP) Cerro Colorado copper mine in Chile on Friday voted to accept the company's pay offer to renew labor contracts for 41 months starting February 1, 2010, union pr...

Peru's private sector banks saw an increase in all loan segments in both US dollar and sol-denominated credit in October, as mortgage lending hit historic highs, according to a report from banking ass...

The Brazilian branch of US agricultural giant Cargill and France's Louis Dreyfus Commodities (LDC) should be awarded the 25-year concession of Santos port bulk cargo terminal by month-end, a spokesper...

Federally controlled Banco do Brasil (BB), Brazil's largest bank, will be committed to improving operations of reinsurer IRB-Brasil Re if it takes a controlling stake in the company, helping to guide ...

German chemical firm Lanxess expects to increase sales in Brazil in 2010 as a result of an improved environment in the country's chemical industry, Lanxess CEO in the South American country, Marcelo L...

Multinational resource group Xstrata (LSE: XTA) has responded to the first pay request by the union at the Altonorte copper smelter in northern Chile, which offers "a slight indication that we can neg...

Global communications solutions integrator Orange Business Services (OBS) has launched a customer support site in Petrópolis, Brazil, the company said in a statement. With 140 employees, the Petróp...

The initiative for the integration of regional infrastructure in South America (IIRSA) will give priority to rail projects, Bolivia's deputy transport minister José Kinn told BNamericas. This decis...

Construction of a 4.07bn-peso (US$312mn) reservoir known as El Purgatorio on the Verde river in Mexico's Jalisco state will begin in 2010, national water authority Conagua reported in a release. So...

Argentina's President Cristina Fernández and her Brazilian counterpart Luiz Inácio Lula da Silva have signed a deal to form a JV for the development of the bilateral Garabí hydroelectric project on th...

Tulsa-based rig contractor Helmerich & Payne (NYSE: HP) collected roughly US$32mn in its fiscal fourth quarter ending September 30 from Venezuela's state oil company PDVSA, H&P said in a statement. ...

Lima-based Minera IRL (AIM, Lima: MIRL) aims to complete a prefeasibility study by the end of 2010 at its Ollachea gold project in Peru, where a scoping study released this week outlined 117,000oz/y o...

Indian IT service company HCL (NSE: HCLTECH) expects application development and Oracle (Nasdaq: ORCL) related services to drive Brazil sales into 2010, the company's president of the Americas, Shami ...