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Brazil
Brazil's central bank has cut the benchmark lending rate by half a percentage point to 18%, its lowest rate in nearly a year. This follows slower than expected economic g...
Brazil has announced it will settle its $15.5 billion debt with the International Monetary Fund (IMF) before the end of this year – two years ahead of schedule. The gover...
Andean
Spanish bank Santander has sold its affiliate company in Bolivia – Banco Santa Cruz -- to local financial institution Bisa in a deal estimated to be worth $38 million. Sa...
US retailer Walmart has agreed a deal to buy Portuguese Sonae's Brazilian retail business for $757 million. The purchase, involving 140 stores, will double Walmart's pres...
Mexico
Mexican telecoms company Telmex, owned by billionaire businessman Carlos Slim, has won a concession to operate a fixed wireless service – or WiLL -- in Chile countrywide....