More News in BNamericas.com

A tender for a concession to build, equip and operate a container terminal in Guaymas port in Mexico's Sonora state is likely to be launched in December, port authority API Guaymas promotion and devel...

Federally controlled Banco do Brasil's (BB) buyout offer to employees of recent acquisition São Paulo area bank Nossa Caixa marks an encouraging move to control costs, Brazilian brokerage Ativa said i...

Canadian miners Kinross Gold (NYSE: KGC, TSX: K) and IAMGOLD (TSX: IMG) continue to await approval from the Ecuadorian government to resume exploration and development activities at their respective p...

Colombian city Bucaramanga's water utility Acueducto Metropolitano de Bucaramanga (AMB) has selected Bancolombia (NYSE: CIB) to provide a 118bn-peso (US$58.5mn) loan to partly finance the construction...

The Mexican government has asked the World Trade Organization (WTO) to investigate the benefits that the Chinese government is providing to its steel companies, an official from Mexican steel chamber ...

Chilean holding Cristalerías de Chile, which owns a 20% stake in Chilean triple play company VTR, has asked cable TV and media group Liberty Global (Nasdaq: LBTYA), which owns the other 80% of VTR, to...

Chile's public works ministry (MOP) will in 2010 launch the tender to concession a ferry system for region XII, a MOP official told BNamericas. The concession contract will call for an investment o...

Brazilian independent oil company OGX and power generator MPX have partnered up to create a new company dubbed OGX Maranhão to explore seven recently acquired blocks in Brazil's northern Parnaíba basi...

Mexico's energy ministry Sener will attempt to open the country's refining sector to private participation in a new energy reform currently being prepared, deputy minister of energy planning Jordy Her...

The Latin American division of US enterprise infrastructure and wireless software provider Sybase (NYSE: SY) expects a record fourth quarter in 2009, which will allow the company to close the year bre...

Brazil's leading auto insurer Porto Seguro and the largest private sector banking group Itaú Unibanco (NYSE: ITUB) have released more details on their plans for an exclusive auto and homeowner insuran...

Bolivian microfinance bank BancoSol's first ever boliviano-denominated subordinated bond placement has opened the market and will lead the way for future bond issues denominated in local currency, Ban...

The Mexican unit of Canada's Scotiabank (NYSE: BNS) has signed an agreement to sell its local pension fund business to rival Afore Profuturo GNP of Mexico's Grupo Profuturo. The agreement, which is...

The Chilean banking unit of Spain's Santander (NYSE: STD) has tapped the US market with a US$500mn issue of senior notes due in 2012 and with a coupon of 2.875%, Santander Chile (NYSE: SAN) said in a ...

São Paulo city's metro company CMSP has launched an international tender to build a 23.8km monorail to extend the city's metro line 2, according to a CMSP release. The project will require some 2.3...

The union at BHP Billiton's (NYSE: BHP) Cerro Colorado copper mine in northern Chile has started contract negotiations with the company and expects them to last all week, a union official told BNameri...

Thanks to investments, the Ecuadorian steel sector has idle installed capacity of around 30%, which could be used within four years, the president of Ecuador's metalworking industries association Fedi...

The administration of Mexican President Felipe Calderón spent 8.2bn pesos (US$615mn) on improvements to irrigated land to end-October, according to national water authority Conagua. The federal gov...

Bahamas Electricity Corporation (BEC) has awarded Germany's MAN Diesel the contract for the 48MW Wilson City thermo project, a BEC official told BNamericas. The plant will boast four, 12MW HFO engi...

Sagicor Life Jamaica, the Jamaican subsidiary of Barbados financial group Sagicor, saw its third quarter earnings total J$1.41bn (US$15.9mn), up 47.1% from 3Q08, but the company's premium growth appea...