The Andean nation becomes the third country to prohibit the Brazilian builder from developing new public works projects
Category: Web Articles
Mexico’s former finance minister, ousted after Trump visit, named top diplomat
President Enrique Pena Nieto names former finance minister Luis Videgaray to be Mexico’s foreign minister
Ford cancels plans for Mexico plant after Trump criticizes GM’s Mexican operations
US carmaker scraps plans to build a $1.6bn plant in Mexico in a move announced hours after Trump took aim at GM and the cars it produces in Mexico
Odebrecht’s bribery scandal sends shockwaves across Latin America
The Brazilian company’s corruption case has triggered judicial investigations and prompted denials of involvement from some current and former government officials
Petrobras sells $2.2bn worth of assets to France’s Total
Brazil’s state-run oil company is expected to fall $2bn short of its goal to sell $15.1bn of assets by the end of the year
Petrobras explores early 2017 bond sale
The Brazilian oil company may cash in OPEC’s decision to cut oil production and also raise capital before any further Fed rate hikes
Trump meets Carlos Slim amid uncertainty over US-Mexico relations
The US president-elect confirms the two recently met for a private dinner as business leaders on both sides of the border look for clues about Trump’s Mexico policies
Brazil’s Oi analyzes debt swap proposal
Brazilian telecom plans to present a new recovery plan in Q1 2017
Brazil’s Vale sells fertilizer business to Mosaic for $2.5bn
The sale is part of Vale’s deleveraging efforts as CEO Murilo Ferreira works to reduce its $26 billion debt load
Argentina’s YPF board approves $1bn bond issue
A YPF official says the oil company does not have immediate plans to issue debt, but could “if an opportunity arises in the coming months”
