×

World Markets Latin America

  • Inside an America Movil SAB Telcel store in Mexico City.

    Reforms that aim to level the playing field of Mexico's telecom industry will not necessarily end the dominance of the two big players.

  • Spanish officials tell a dramatic turnaround story: from near-bankruptcy a year ago to model of budget austerity and reform now.There are just two things missing: jobs and growth.

  • They may both be "BRICs", but China and Brazil face opposite problems and should take lessons from each other, according to Capital Economics.

  • Brazil faced a minor bank run over the weekend, but one analyst told CNBC the real issue facing the country's banking system is a runaway credit boom.

  • Bolsa Familia is a social security program that pays money to 13.8 million poor families in Brazil. It was the flagship program of President Luiz Inacio Lula da Silva's center-left government aimed at alleviating poverty and encouraging school enrollment.

    Rumors that Brazil's social security fund,Bolsa Familia, was to be cancelled led thousands of people to withdraw money from Brazilian banks over the weekend.

  • switzeralnd glencore-122182090_v2.jpg

    After years of on-off talks, Glencore's head Ivan Glasenberg gets to complete the $30 billion acquisition of Xstrata on Thursday, the mining industry's biggest takeover yet.

  • Warren Buffett

    Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway has become the biggest elephant in the room.

  • Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.

  • Wal-Mart Stores said that members of its board's audit committee were paid more due to extra work they had to take on to handle an ongoing investigation into alleged bribery.

  • Martin Mayorga

    Being socially and environmentally responsible does not have to be achieved at the expense of profits. In Mayorga Coffee's case, focusing on sustainability has been a competitive advantage.

  • Spain's official population fell last year for the first time since records began as immigrants fled the on-and-off recession and soaring unemployment.

  • Istanbul, Turkey

    With the bloom coming off the emerging markets rose, one economist has drawn a circle around two countries that stand the greatest risk of crisis.

  • The Justice Department and Anheuser-Busch InBev have reached agreement to let the beer giant expand its stake in Mexico's Grupo Modelo, according to court documents and company statements.

  • Nicolas Maduro squeezed out a small-margin victory in Venezuela's presidential elections Sunday, securing the ruling socialist party's control over the oil-rich nation through 2019.

  • Airbus

    Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.

  • Codelco, the world's #1 copper producer, is losing a "relevant" amount of output due to a two-day-old strike at its Radomiro Tomic open pit mine in northern Chile, the company said on Sunday, branding the work stoppage illegal.

  • D.E Master Blenders 1753 said on Thursday it received a 6.4- billion-euro takeover offer from German investor Joh A Benckiser, sending shares of the Dutch coffee and tea maker up more than 25 percent.

  • Cyprus conceded on Thursday that tight capital controls would remain in force longer than expected as the island's banks reopened for the first time after the government was forced to accept a tough EU rescue package to avoid bankruptcy.

  • Elvira Nabiullina, Russia's economy minister

    Vladimir Putin on Tuesday chose his chief economic adviser to head Russia's central bank. She will join a small female contingent at the top table of global finance.

  • Cruise lines are rolling out huge discounts and extras to help potential passengers forget the disaster and illness that have plagued the industry lately. And for some -- it's working!