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Brazilian steelmaker CSN (NYSE: SID) intends to finish the reorganization of its mining division in early 2010, company executives told market analysts during a conference call Wednesday. "We will ...

Botnets represent the top cyber threat in Chile, the deputy commissioner of the Chilean police's cyber crimes unit, Segundo Mansilla, told a gathering of reporters and IT execs. "There are people b...

After announcing its purchase of Porto Alegre-based finance company Sul Financeira, midsize Brazilian bank BicBanco has told securities regulator CVM in a filing that it does not need shareholder appr...

A day after shareholders of Brazilian telephony and internet provider GVT (Bovespa: GVTT3) approved the removal of a poison pill clause from company bylaws, local telco and GVT suitor Telefônica Teles...

The insurance, private pension and savings bond businesses of Brazilian bank Bradesco (NYSE: BBD) had net income of 607mn reais (US$351mn) in the third quarter, which was down 3.5% from 3Q08, but grew...

Brazil's Bradesco had 1.81bn reais (US$1.05bn) in net income in 3Q09, down 5.2% from the same quarter in 2008, as gains from a share offering in card processor VisaNet cancelled out additional provisi...

Uruguay's national port authority (ANP) will not hold a tender process to concession a new container terminal in Montevideo port, an ANP official told BNamericas. Instead, President Tabaré Vázquez ...

Although it has been almost a year since the Ecuadorian government said it would lift a freeze on all mining activities while it passes a new mining code, Canadian miner Kinross Gold (NYSE: KGC, TSX: ...

Recurring net income at the insurance, private pension and savings bond businesses of Brazilian banking group Itaú Unibanco (NYSE: ITUB) was 374mn reais (US$216mn) in the third quarter, the group said...

The loss by President Cristina Fernández's wing of the Peronist party in Argentina's past congressional election could be the basis for a swing away from submission to the executive branch towards lib...

Venezuela's political opposition is concerned about the economic effects of water rationing in the country and is also skeptical about government plans to invest 2.9bn bolívares (US$1.4bn) in water ne...

The Global mobile Suppliers Association (GSA) has confirmed that there are 42 LTE network commitments in 21 countries, including Brazil's Vivo (NYSE: VIV), which is about to start its trial program, t...

Brazilian IT services firm CPM Braxis has seen its infrastructure services drive sales so far this year, company CEO José Luiz Rossi told BNamericas. CPM Braxis divides its operations in two main a...

Costa Rica's government has launched a tender to design, build and operate a new container terminal at the Limón-Moín port complex in Limón province, national concessions board CNC project design dire...

Chilean construction firm Belfi presented the offer which requested the lowest state subsidy in the process to concession a new airport in region IX's Temuco city, an official from the public works mi...

Demand at Mexican steel company DeAcero still has not picked up and actually appears to be lower than during the crisis, CEO Raúl Gutiérrez told BNamericas. "Before our projects were on hold and n...

Brazil's biggest private sector banking group Itaú Unibanco (NYSE: ITUB) had 3Q09 net income of 2.27bn reais (US$1.31bn), down 11.1% from 3Q08, as payments to supermarket Group Pão de Açúcar and its h...

Houston-based oil company Anadarko (NYSE: APC) spudded the Wahoo-2 deepwater well offshore Brazil at the end of the third quarter, company chairman and CEO Jim Hackett told a webcast. The Wahoo-1 a...

Chile's public works ministry (MOP) is working with a number of consultants to determine subsidies for seawater desalination concession projects in the north of the country, an official from the minis...

Chilean iron and steel group CAP reported an US$18.5mn net loss for the third quarter and a US$52.5mn loss for the first nine months of this year, compared to US$269mn in profit for the first three qu...