Daily Brief

Dec 16, 2005 Issue

Brazilian Universo Online IPO


Brazilian internet access provider Universo Online (UOL) is planning to raise around $200 million equivalent via its first public share offering today, Friday. The IPO vi...

Exclusive - Interview with Evo Morales


Bolivians go to the polls on Sunday and the favorite to win is Evo Morales, left-wing cocalero leader and ally of Hugo Chávez. What would a Morales victory mean for Latin...

Panama's Copa Lists On NYSE


Panamanian airline Copa Holdings has debuted on the New York Stock Exchange, exceeding expectations to achieve a price of $20 per share. The shares had originally been fo...

Peruvian Economy Grows 7.21% In October


Peru's economy expanded 7.21% in October compared with the same month in 2004, driven by a strong mining sector (up 15%). GDP grew by 6% between January and October, comp...

Petroecuador Ponders Securitization


Ecuador's state-owned Petroecuador is considering securitization plans to allow the company to issue securities via the country's two stock exchanges in a bid to raise mu...