Business News Peru

  • Jack Nicholson and Morgan Freeman star as an odd couple in the film "The Bucket List."

    Creating a travel list to places like the North Pole, India, Egypt and Tanzania can seem aspirational and fun. But bucket lists are also exacerbating overtourism and reducing meaningful travel experiences to vacuous, social media photo sessions.

  • LIMA, Jan 21- Peru is planning to award infrastructure projects via public-private partnership worth around $2.344 billion by the end of President Martin Vizcarra's government in mid-2021, the state investment promotion agency said on Tuesday. Rafael Ugaz, president of the body Proinversión, said during a presentation that the projects given the green...

  • LIMA, Jan 16- Peruvian energy and mining minister Juan Carlos Liu said on Thursday he was confident Peru would have regulations for the exploitation of lithium ready in the coming year. Plateau said the deposit could become the worlds biggest lithium mine but identified a lack of regulations on mining radioactive materials in Peru as an obstacle.

  • SANTIAGO, Dec 26- Peru`s labor watchdog has found McDonald's Corp`s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen. Alexandra Porras, 18, and Carlos Campo, 19 were electrocuted earlier this month in Lima, while cleaning the kitchen.

  • SANTIAGO, Dec 26- Peru`s labor watchdog has found McDonalds Corp`s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen. The Ministry of Labour`s regulating body proposed that the company be fined $254,000 over the deaths.

  • SANTIAGO, Dec 26- Peru`s labour watchdog has found McDonalds Corp`s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen. The Ministry of Labour`s regulating body proposed that the company be fined $254,000 over the deaths.

  • The United States launched its "Growth in the Americas" initiative in 2018 to bolster private-sector investments in energy and infrastructure in Latin America after China invited countries in the region to join its global Belt and Road Initiative. So far, the United States has signed memorandums of understanding within the Growth in the Americas framework...

  • *Morales flies to Mexico to accept asylum offer. LA PAZ/MEXICO CITY, Nov 12- Bolivia's former leader Evo Morales landed in Mexico on Tuesday pledging to keep up his political "fight", as security forces back home quelled unrest over the leftist's resignation and the country sought an interim replacement to fill a power vacuum. Morales thanked Mexico for "saving his...

  • *Morales flies to Mexico to accept asylum offer. LA PAZ/MEXICO CITY, Nov 12- Bolivia's former leader Evo Morales landed in Mexico on Tuesday pledging to stay in politics as security forces back home quelled unrest over the long-serving leftist's resignation and opponents sought an interim replacement to fill a power vacuum. Thanking Mexico's government for "...

  • *Morales flies to Mexico in search of asylum. LA PAZ/MEXICO CITY, Nov 12- Bolivia's former leader Evo Morales landed in Mexico seeking asylum on Tuesday as security forces back home quelled violence over the long-serving leftist's resignation and opponents sought an interim replacement to fill the power vacuum. Morales, who quit after weeks of protests over a...

  • *Morales flying to Mexico, due to arrive around 1700 GMT. LA PAZ/MEXICO CITY, Nov 12- Bolivia's former leader Evo Morales was heading to Mexico to seek asylum on Tuesday as security forces quelled violence over the long-serving leftist's resignation and opponents sought an interim replacement to fill the power vacuum. Morales, who quit after weeks of protests...

  • *Latin America split, Mexico offers Morales asylum. LA PAZ, Nov 11- Bolivia's ousted president Evo Morales was flying to political asylum in Mexico on Monday night, the latest step the once-beloved leader's rapid fall, while military and police deployed in the streets of La Paz to quell violence. Ahead of the news of Morales' departure, the military said it would join...

  • MEXICO CITY, Nov 11- Bolivia's former president, Evo Morales, is flying to Mexico, where he has been granted asylum, Mexico's top diplomat said on Monday night, as unrest shook the South American nation. A U.S. official said President Donald Trump's administration has no objection to Mexico's asylum offer to Morales, given the hope his absence could help stabilize...

  • MEXICO CITY, Nov 11- Bolivia's former President Evo Morales has boarded a plane to Mexico, where he has been granted asylum, Mexico's top diplomat said on Monday night, as unrest shook the South American nation. He had said the life of Bolivia's first indigenous president was in danger and the decision to grant him asylum was in Mexico's long tradition of...

  • *Latin America split, Mexico offers Morales asylum. LA PAZ, Nov 11- Bolivia`s military and police readied on Monday to quell acts of "vandalism" posing a threat to citizens as La Paz braced for violent clashes with thousands of supporters of ousted president Evo Morales marching toward the capital city, where opposition protesters and police set up barricades.

  • Rainbow Mountain, Cusco, Peru

    Melted snow revealed this Peruvian natural wonder just four years ago. Here's what you can expect from a trip.

  • LIMA, Oct 9- Peru's new economy minister said on Wednesday she saw economic growth for this year at 3% but warned of a "downward bias" due to the global slowdown and a local political crisis in which the president dissolved Congress late last month. Alva, who has the power to issue emergency decrees in the absence of a functioning Congress, said she is considering...

  • *Political confrontation deepens as Congress closed. LIMA, Sept 30- Peru's armed forces and police reaffirmed allegiance to President Martin Vizcarra late on Monday after his move to close Congress prompted dozens of dismissed lawmakers to pledge loyalty to vice president in a deepening political standoff. The closure of Congress has widespread support in...

  • Police stay alert as demonstrators march against corruption in Lima on September 30, 2019. President Martin Vizcarra constitutionally dissolved the Congress, dominated by the opposition, after it refused to suspend a controversial appointment of new members of the Constitutional Court.

    Peru's worst political crisis in two decades threatens unrest in the world's No.2 copper producer and could bring lawmaking to a halt.

  • Hammock-Exit-Plan-Retire-Abroad-Costa-Rica-CNBC.jpg

    A new report by International Living, a guide to retirement abroad, ranks the best destinations by their weather. The locales at the top feature steamy beaches as well as cooler highlands.