Miami-based Telecommunications Company said it planned to build an underwater fibre-optic cable linking the United States and Cuba, creating the first such line of its type.
Brazil's JBS said on Wednesday the US Justice Department has approved the takeover of US-based Pilgrim's Pride paving the way for JBS to become the world's largest meat company.
Uruguay inaugurated this week the new Montevideo’s port facilities which will expand handling to over 1.1 million containers annually making it the most advanced terminal of South America.
Two of Latinamerica's best known airlines are set to merge in a deal aimed at cost-cutting. Avianca of Colombia and El Salvador's Taca will join forces, but have said that each will maintain its own identity and operate separately. The two airlines have about 130 planes and some 13,000 employees.
Rwandan President Paul Kagame has praised the way China does business in Africa, criticising the West for basing relations with the continent on aid. Huge Chinese investment in African companies and infrastructure is helping Africa develop, Mr Kagame said.
The United Nations Food and Agriculture Organization said on Thursday major investment needs to be made in developing world agriculture. The FAO says that with rapid population growth and changing diets, agricultural production will need to grow by 70% before 2050.
CMPC SA owned by Chile’s billionaire Matte family, agreed to buy a pulp unit in southern Brazil from Fibria for 1.43 billion US dollars to become the world’s second-biggest producer of cellulose.
Rockhopper Exploration oil and gas company which operates in the North Falkland Basin confirmed this week it was considering various options, including a share sale, to fund drilling activities scheduled to begin this coming austral summer in the South Atlantic
Investors from Argentina, Brazil, Spain’s Basque province and China are looking for opportunities in Uruguayan assets given the excellent political stability record of the country and proven reliability of its Judicial branch.
French retailer Carrefour is seriously considering exiting Latin America, one of its most lucrative markets, under pressure from top shareholders, Le Monde newspaper reported in a preview of its Thursday edition.