Norway's Opera Software buys Brazilian mobile app service Bemobi
Deal is Opera's second acquisition of Latin American tech company. Read More »
Deal is Opera's second acquisition of Latin American tech company. Read More »
Travel to Latin America is expected to grow faster in coming years, in part as Mexico will see a greater number of U.S. visitors along with an economic recovery, but other destinations have also improved their offer and travel to the Caribbean will surge, a recent report showed. Read More »
The number of transactions in which private equity and venture capital firms invested in Latin America expanded 31 percent from the previous year in 2014 and activity this year is expected to continue strong, specifically in the energy industry. Read More »
Wine producers in Spain, a country that competes with France and Italy for the place of biggest world producer, want to increase the market share that they have in Brazil, the biggest imported wine market in South America and representing $300 million in annual revenue. Read More »
Canadian-based company will now be known as Pacific Exploration and Production. Read More »
Argentina´s state oil company YPF has paid $122 million for a 50 percent stake in LyondellBasell´s Petroken, which it will now control with Grupo Inversor Petroquimico, and a 46 percent stake in Petrocuyo, a second petrochemical plant. Read More »
Jewelers in Colombia, a country which centuries ago attracted gold searchers due the myth of the El Dorado, have produced a joint study in which they show that even as the country exports tons of gold annually, local jewelers are unable to buy even a few kilograms. Read More »
Brazilian confectionery Peccin is betting that the combination of local energetic fruits guarana and acai in chewing candy will greatly increase the company exports that already reach 70 countries, company export manager Alain Wehbe told Latin Business Daily in a recent interview. Read More »
Foster & Sullivan study finds industry brought in $11 billion last year with growing interest from U.S. Read More »
Purchase of Colombian company will allow Blackboard to speed up Latin American expansion Read More »
For each four glasses of orange juice consumed in the world, three of them come from Brazil; the country fruit producers are trying to replicate that success but with fresh fruit exports. Read More »
Native groups oppose president's attempt for a fourth re-election. Read More »
Industry must fill need for internal communications and use of digital tools. Read More »
Chocolate and candy producers hope to expand export markets Read More »
PriceSmart Inc., a company with headquarters in California that operates 37 membership warehouses in Latin America and the Caribbean, plans to add two new sites in Nicaragua and Colombia. Chile and Peru are also of interest to the company. Read More »
Brazil-based Braskem said it is the first company in the world to produce “green” plastic on an industrial scale. Unlike traditional polyethylene, “green polyethylene is made from ethanol obtained through the processing of sugar cane,” a Baskem official said. Read More »
Colombian vehicle sales are down in the first half of this year compared with 2014, in part due to new restrictions related to the use of ride-sharing company Uber, in part due to fewer imports of public transportation buses, and in part for cyclical reasons. Read More »
A Puerto Rican entrepreneur has opened the first ´hacker´ school in Puerto Rico, and in all of the Caribbean, and has said that problems faced by the island, such as a large public debt, are more than offset by incentives and other resources that this U.S. territory offers to new businesses. Read More »
SunEdison, which is building a solar plant near Santiago, Chile, in a $160-million project that is scheduled for completion in the first quarter of next year, believes Latin America is a very suitable location for renewable energy projects. Read More »
Colombian state oil company Ecopetrol saw its earnings hit during the April-June of 2015 from a year earlier in part due to weaker prices and in part due to a surge in rebel attacks, the company CEO Juan Carlos Echeverry said Thursday during a conference call with analysts. Read More »