General Motors outsold Toyota for the first time in six quarters, rising atop the industry and underscoring the resurgence of US automakers.
Mercosur has become characterized for “bad leadership and worse presidents” of the countries that make up the block, since there is no incentive for the regional organization and it has become “an ideological battle political field”, said Cesario Ramalho da Silva, president of the Brazilian Rural Society.
Amazon.com Chief Executive Officer Jeff Bezos agreed to buy The Washington Post for 250 million dollars, vaulting the e-commerce magnate into the struggling newspaper industry. Bezos is making the deal as an individual and not as part of Amazon, the world’s biggest online retailer, according to a statement on Monday.
If the Argentine government does not manage to stabilize its energy balance, which is one of the main drains of US dollars, the ban on hard currency purchases, the barriers to imports and the growing obstacles to spend money overseas for Argentine travellers will continue and could worsen, according to Buenos Aires analysts.
Yerba mate, the classical infusion drink in much of southern South America and particularly in Uruguay is making headlines because of a 34% price increase in the last six months and with prospects of further hikes, according to local providers.
A Falkland Islands government statement of policy principles on port location and oil infrastructure development passed at Executive Council last week has been met with opposing views from members of the private sector, reports the Penguin News.
Bribing a public official in Brazil could become a very onerous mistake for local and foreign businesses under a law enacted that for the first time makes companies liable for bribes paid by their employees.
Brazil's investment in science has reached an all-time high, with the science ministry's budget increasing from 8.6 billion Real (about 3.8 billion dollars) in 2012 to 12.7 billion Real (around 5.6bn) this year, according to science minister Marco Antonio Raupp.
Free trade agreements, FTA, signed by the European Union with Colombia, and with Central American countries Honduras, Nicaragua and Panama became effective August first as part of the EU strategy to eliminate tariffs on trade with Central American and the Andean region.
The Colombian economy is the third fastest growing in Latinamerica with a stable performance in 2012 of 4%; an estimated 4.5% this year and 4.7% in 2014, said President Juan Manuel Santos on making a balance of his three years in office.