Chile's leading brewer, CCU, has signed an agreement to buy Argentine brewer Inversora Cervecera (ICSA) for $88 million, CCU said in a statement late on Thursday.
Argentina's September tax revenue is on track to rise more than 30 percent from the same month a year ago, an Economy Ministry source said on Monday. With a week remaining in September, monthly tax collection is set to exceed 17 billion pesos ($5.32
Argentina's 2008 budget bill, presented to Congress on Friday, sees annual inflation of 7.3 percent and calculates gross domestic product growth at 4 percent.
Sixteen nations signed a U.S.-initiated pact on Sunday to help meet soaring world energy demand over coming decades by developing nuclear technology less prone to diversion into atomic bomb-making.
Argentina's July primary budget surplus widened 23 percent to 2.58 billion pesos ($804 million), due in part to pension contributions shifted to the state system, the government said on Wednesday.
Ford Motor Co is considering exporting more North American-built vehicles to South America to meet growing demand, Dominic DiMarco, president of Ford's South American division, said on Tuesday.
Venezuelan President Hugo Chavez on Wednesday carried pledges of energy investment to Uruguay, the latest stop on his South American tour aimed at bolstering his regional influence.
Argentina's July inflation came in at a lower-than-expected 0.5 percent, the government said on Monday, as official consumer price data again aroused analysts' suspicion of tampering.
The U.S. biotechnology industry is awaiting this fall's deadline for Europe to speed up its approval of new biotech food and crops -- a process Washington has long complained is woefully slow -- in the hope of increased access to a major market.
Honda Motor Co. announced on Wednesday that it plans to build new plants and increase car output as the Japanese carmaker ramps up global capacity to meet the growing demand for its fuel efficient models.
The Japanese Olympic Commission (JOC) will appoint Tokyo Governor Shintaro Ishihara as the director-general of Tokyo Olympic Bidding Committee for the 2016 Summer Games, the commission said on Friday.
As the International Monetary Fund embarks on a second round of reforms to give developing countries more say in the institution, the World Bank signalled on Wednesday that it was ready to go the same route.
An agreement to boost the voting power of emerging nations in the International Monetary Fund is just the start of a difficult process, the IMF's head said on Wednesday, as the World Bank signaled it was ready to go the same route.
Chile has been ranked as Latin America's most sustainable and ethical nation according to a study of more than 50 economic, social, corruption, legal, political and environmental indicators, which compare eight major Latin American countries.
A proposed new IMF lending facility to avert crises in emerging market countries would only be available to those with strong performing economies, sustainable debt and transparent reporting systems, a draft of the proposal obtained by Reuters says.
From Australia to Argentina, erratic weather is slashing wheat crops of the major producers, which is threatening to push up prices to multi-year highs and making it difficult for countries to replenish stocks.
Latin America's fixation with the football World Cup in the next month is likely to slow trade in the region but some wonder if it will be enough to dampen instability global markets.
As it faces a potential shortfall, the International Monetary Fund (IMF) announced on Thursday that it would enlist the help of prominent financial figures to help find new ways to meet expenses.