The European Commission has adopted amendments to the proposed Regulation and Directive on insider dealing and market manipulation, following the recent LIBOR and EURIBOR scandals.
Fortuna, one of the Falkland Islands leading producer and exporter of premium quality frozen seafood launched this week its new seafood marketing website to expand the company’s marketing network.
Brazil's federal tax revenues dropped more than expected in June from the same period a year before, as a stubborn economic slowdown hurts corporate profits and prompts the government to grant tax breaks to some industries.
General Motors said Tuesday it had suspended output at its complex in Brazil and sent workers home with paid leave ahead of tense talks with unions and government representatives.
German Finance Minister Wolfgang Schaeuble and his counterpart from Madrid said Spain’s borrowing costs don’t reflect the strength of its economy as they pledged to work toward deeper integration to fight the debt crisis.
For the second time in the roll a study from World Bank’s Global Trade Alert points Argentina as the world’s most protectionist country. In a report released by the institution, Argentina appears as the country which applies the most restrictions to control foreign trade for the second time in a roll.
Argentina asked a US federal appeals court to reverse lower-court rulings that could help creditors including Elliott Management Corp.’s NML Capital Fund collect on 1.4 billion dollars in defaulted bonds.
Latinamerica has 15.100 super rich (8% of the world total) according to the latest World Report on the Ultra Rich 2011/12 from Wealth-X. Super rich is defined as a person with net assets over 24.4 million Euros (30 million dollars).
Uruguay's central bank said on Monday it will raise marginal reserve requirements on local and foreign currency deposits from Aug. 1 as part of its efforts to bring inflation within the official target range.
The Euro weakened to the lowest in more than 11 years against the Yen as investors sought safer assets amid mounting concern that European leaders are failing to control the region’s debt crisis.