If initiatives in Brazil toward an impeachment of President Dilma Rousseff succeed, the country would enter an “uncharted territory,” Shelly Shetty, the primary analyst for Brazil at Fitch Ratings, said today during a teleconference to discuss a rating downgrade. There are “considerable uncertainties regarding the impeachment and the feasibility of the impeachment.” Read More »

The recent acquisition is expected to expand BlackRock’s capabilities in Mexico and enhance the company’s ability to offer infrastructure investment opportunities to clients around the world. Through its global platform, BlackRock currently manages $23 billion in assets for Mexican clients and delivers the firm’s comprehensive range of local and international investment solutions. Read More »

First Mexican Gold Corp. established a joint venture with Link Natural Resources (LNR) FZC, a private entity in the United Arab Emirates, Tuesday to advance their Guadalupe mine project. LNR FZC is a privately funded resource investment and development group that on seeks to advance mineral resource assets worldwide, and First Mexican Gold Corp explores precious metals in Mexico. Read More »

Elara Comunicaciones increased its capacity on the Eutelsat Communications fleet through an agreement with Eutelsat Americas Wednesday. The agreement will allow Elara to provide data services in Mexico and across Latin America. Elara and Eutelsat Americas have worked together before. With this new agreement, Eutelsat will become Elara’s No. 1 supplier of satellite capacity. Read More »

Grupo Ferrer Internacional, which consists of SA (Ferrer) and Alexza Pharmaceuticals Inc., has announced an update to its ADASUVE inhalation powder which is pre-dispensed in the European Union and Latin America. Read More »

Embraer has registered a 50 percent increase in deliveries during the third quarter of 2015, compared to the same period last year. Between July and September, the company posted 21 for the commercial aviation market and 30 to the business aviation market. Through September, the company inventory was worth $ 22.1 billion. Read More »

The International Association of Golf Tour Operators recently named the Dominican Republic "Best Golf Destination of Latin America and the Caribbean 2016." The Dominican Republic is home to some of the best golf courses in the world, including Punta Espada Golf Club in Cap Cana; La Cana at Puntacana Resort & Club; and Teeth of the Dog and Dye Fore at Casa de Campo. Read More »

The Automotive Logistics South America Conference will be held at the Renaissance Hotel in Sao Paulo, Brazil, Nov. 3. The event, which promotes short- and long-term solutions for the automotive field, is an opportunity for industry buyers and suppliers to network. The conference will bring together original equipment manufacturers and logistics service providers. Read More »

Automotive driveline components and systems supplier GKN Driveline celebrated the opening of its new facility in Villagra, Mexico, Thursday. The 12,000 square-metre site is expected to be completed in April 2016 and will service Mexico's automotive sector by producing 1 million prop-shafts yearly as well as offering a painting line and Constant Velocity Joint machining facilities. Read More »

Premier Biomedical Inc., a biotech research public company, and Auramedi Farmacêutica Ltda., a Brazilian pharmaceutical company, last week announced the signing of a non-binding letter of intent to explore forming a possible joint venture in Brazil. The alliance would facilitate development of Premier’s various treatment technologies in the South American market. Read More »

Rethink Robotics has established a distribution agreement for both the Sawyer and Baxter robots with Nexon Automation and InterLatin. The association is part of Rethink's growth plan that seeks to create distribution partnerships aiming to expand their presence in other countries. By implementing flexible automation, the robots help companies improve the production process. Read More »

Alterra Power Corp.'s drilling campaign for the Mariposa geothermal project in Chile was recently rescheduled for late 2016, after initially being scheduled to begin in October. As the managing partner for the joint venture, the Energy Development Corporation (EDC) decided to postpone the drilling due to low commodity prices that could negatively impact near-term project economics. Read More »

Plastic compounds, powders and resins supplier A. Schulman Inc. was awarded the 2015 Plasti Award for Best Supplier of Additives for its San Luis Potosi, Mexico, facility. Plastics industry magazine Mundo Plastico presented the first-ever Plasti Awards, after identifying the top companies in the industry. A. Schulman has been a leader in the Mexican plastic market since 1995. Read More »

eXplorance, a provider of Learning Experience Management solutions for higher education, will increase its services in Latin America by opening a LATAM office in Colombia. The country's postsecondary gross enrollment ratio rose from 39 percent to 48 percent between 2010 and 2014, and Latin American governments invested an average of 7 percent more in higher education. Read More »

U.S. online and mobile ticket provider Fandango recently purchased Rio de Janeiro-based Ingresso.com in order to establish a presence in the region. Yanover's comments follow Fandango's recent purchase of Ingresso.com for an undisclosed price. Initially, Ingresso.com was an entertainment ticketing subsidiary of Latin American-based e-commerce company B2W Companhia Digital. Read More »

Fuddruckers opened its first restaurant in Colombia Thursday as a result of a partnership with Venezuela-based Grupo Char's. The restaurant, which is almost 2,000 square feet, has an American-style interior and accommodates 96 guests. Fuddruckers is known for its signature burgers that are grilled-to-order and fresh local beef. The establishment will also offer sandwiches and salads.  Read More »

Batero Gold Corp. named Felipe Ferraro its president and CEO of the company Thursday. Ferraro succeeds Roger Moss who will continue with the Batero in the role of technical advisor and consultant. Ferraro is currently the general manager for Cori Puno SAC., which operates the Untuca open pit and underground mine in Peru. His experience includes mining and business. Read More »

From Oct. 15, Terra's website has been featuring video content from Natcom on topics including nutrition, cooking, fitness, parenting, relationships, healthy beauty, disease prevention and mental wellness. The content targets an audience of 18 to 45 year olds. Natcom's featured content brands will include KnowMore in both English and Spanish, HealthDayTV en Espanol and EFE Tech. Read More »

Management standards company GS1 Colombia/LOGYCA and Cloud applications provider Oracle are the newest corporate members of the Interactive Financial eXchange (IFX) Forum. Promoting their interoperable standard for financial data exchange, the IFX Forum's members and subscribers are based in 17 countries on five continents. IFX is available at no charge to its members. Read More »

Over the next decade, Latin America will see an increase in urbanization and a growing middle class, in addition to more purchasing power for women, a recent study on megatrends by Frost & Sullivan predicted. The full study will be published in November ahead of Frost & Sullivan's conference on Growth, Innovation and Leadership to be held in early December in Miami, Florida. Read More »