US air industry giant Boeing announced today that it will establish a research and technology centre in Sao Paulo that will work with Brazil’s leading researchers and scientists to develop aerospace technologies.
Uruguay’s credit rating was raised one level by Standard & Poor’s, which means the country has returned to investment grade for the first time in a decade.
A panel of the Brazilian Senate on Tuesday canceled a planned meeting with FIFA secretary general Jerome Valcke, who last month caused uproar with his outspoken criticism of the country's 2014 World Cup preparations.
Brazilian farmers will likely plant at least 26.2 million hectares with soybeans in the next crop, up 1.1 million hectares from the current 2011-12 crop, forecaster Agroconsult said Tuesday.
Shares in Argentina's biggest energy company, YPF plummeted on Tuesday because of growing investor fear over a possible government plan to seize control of the oil firm.
The Argentine Foreign Ministry strongly rebuked comments made by UK Prime Minister David Cameron on Monday, the thirtieth anniversary of the start of the Malvinas War and blasted the UK’s “persistent glorification of colonialism”.
Brazil announced on Tuesday tax cuts and other stimulus measures worth about 65 billion Reais (35 billion dollars) to protect the country’s struggling industry from what she said were “predatory” trade practices by rich nations.