NEW YORK, April 16- Mexican mobile phone operator Iusacell SA de CV sued IBM Corp on Wednesday, accusing the U.S. technology giant of making fraudulent representations that caused it to lose $2.5 billion in profits. But the complaint centered on a contract that Iusacell said IBM induced it to enter into in Mexico.» Read More
CARACAS, Venezuela— When Judith Faraiz's son was near death after a severe motorcycle accident, she put his life in the hands of God and Cuban doctors.
SYDNEY, April 16- BHP Billiton is lifting its iron ore production this year to capture more of the Chinese market for the steelmaking ingredient, amid strong competition from rivals in Australia and Brazil.
BRASILIA, April 15- The Brazilian government said on Tuesday it will aim for a higher fiscal savings goal for 2015, promising more austerity despite increasing worries of rising subsidies and slower growth in tax revenue as the economy flags.
RIO DE JANEIRO, April 15- Fundraising by private-equity and venture capital firms in Brazil is expected to rise this year, a senior industry executive said, which could help propel new acquisitions in the infrastructure, logistics and information technology sectors.
BRASILIA, April 15- Brazil's growing prosperity is allowing teenagers to stay in school for longer instead of searching for jobs to support their families, boosting the country's long-term prospects but also causing some economic headaches.
MEXICO CITY— Camila celebrated her first birthday in a blue-and-white striped dress with tulle appliques, playing with her guests in a room decorated with pink balloons, lilacs and Hello Kitty posters. "We've never had a female dog so we wanted to do something special with her," said Valery Palma, a single 35- year-old lawyer who owns Camila.
RIO DE JANEIRO, April 15- Fundraising among private-equity and venture capital firms in Brazil is expected to rise this year, a senior industry executive said, a move that could help propel a fresh round of acquisitions in the infrastructure, logistics and information technology sectors.
NEW YORK, April 14- Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks.
RIO DE JANEIRO, April 14- The global private equity industry will see more listed players in coming years, focus more on emerging markets while depending less on leverage, and more on good management of their investments, a senior industry executive said on Monday.
RIO DE JANEIRO, April 14- The group representing Brazil's buyout industry is in talks with the government and lawmakers to implement a lower tax scheme on venture capital funds to help lure more money into the highly-risky segment, senior executives said on Monday.
MEXICO CITY— Mexico has announced plans to fight money laundering by using "kingpin" lists like those issued by the United States, although unlike the public U.S. list, Mexico will make its registry confidential, a Mexican official said Monday.
BOGOTA, April 14- The rally in Colombia's capital markets is set to extend at least through 2014, possibly buffering the impact from monetary tightening in the United States but also leading to more volatility, analysts said.
CARACAS, Venezuela— A Venezuelan journalist was freed Monday, eight days after she was kidnapped by masked men in front of her house.
*Twitter executives in talks in Ankara. *Official says Twitter earns $35 million in Turkey. ISTANBUL, April 14- Turkey urged executives from Twitter to open an office and start paying Turkish tax on Monday in the first direct talks since a two-week ban imposed on the site as the government battled a corruption scandal.
NEW YORK— Citigroup's first-quarter earnings rose, helped by declines in expenses and provisions for bad loans. EARNINGS: Citigroup reported a profit of $4.1 billion in the first quarter, after stripping out the effects of an accounting change and a tax item.
RIO DE JANEIRO, April 11- Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms, securities industry watchdog CVM said on Friday.
RIO DE JANEIRO, April 11- Eike Batista, who was Brazil's richest man for most of the past decade, is under investigation by securities industry watchdog CVM for allegedly engaging in insider trading while he chaired his now-bankrupt oil-producing and shipbuilding firms.
RIO DE JANEIRO/ SAO PAULO, April 11- Brazil's security regulator believes that Eike Batista engaged in insider trading, newspaper Valor Economico reported on Friday, the latest blow to the tycoon, a one-time billionaire at the center of the country's largest corporate meltdown.
RIO DE JANEIRO— Squatters in Rio de Janeiro clashed with police on Friday after a Brazilian court ordered the eviction of nearly 5,000 people from abandoned buildings. More than 1,000 police officers arrived to move people out of the buildings and parking lot owned by the telecommunications company Oi.
RIO DE JANEIRO, April 11- The purchase of a Texas oil refinery by Brazil's state-run oil company has become a campaign issue as opponents of President Dilma Rousseff use it to attack her reputation as a no-nonsense manager and weaken her lead ahead of the October election.