An international study released this week ranked Chile first among Latin American countries on the Global Innovation Index (GII), though Chile received mediocre scores in the area of education.
Brazil’s inflation slowed to its lowest in almost two years on temporary tax breaks for autos, paving the way for more interest rate cuts as the government tries to revive economic growth.
The European Commission has said it will continue negotiations on an association agreement with Mercosur even if Venezuela finally becomes a full member of the group and will address the issue on a “region to region” basis.
Mexican president-elect Enrique Peña Nieto said in an interview that his administration will step up efforts in South America to repair the country’s image, including seeking a strategic alliance with Brazil.
Brazil's use of installed industrial capacity fell for a fourth consecutive month in May, alongside a decline in industrial sales during the period, Brazil's National Confederation of Industries, or CNI, said Thursday.
Brazil’ competition regulator Cade approved Brazilian industrial group Camargo Correa's June purchase of a controlling stake in Portuguese cement maker Cimpor, subject to several conditions.
Brazilian oil and natural gas output rose 1.89% in May from April to 2.78 million barrels of oil and gas equivalent a day (boepd) as crude output from giant, new offshore fields increased, Brazil's oil agency ANP said on Thursday.
Army captain Benoni Albernaz head of an interrogators unit and one of the most vicious torturers of Brazilian president Dilma Rousseff, when she a student leader linked to the guerrilla movement died in 1992 according to O’Globo which published official documents from 1970.
The crisis triggered by the removal of Paraguayan president Fernando Lugo has spilt over the borders of the country and has turned into a regional controversy that threatens to become a huge headache for Brazilian president Dilma Rousseff according to the weekly magazine Istoé, one of the two with largest circulation in Brazil.
A major Chinese steelmaker has scrapped a plan to build a five-billion-dollar factory in Brazil due to high costs and a slump in global prices for the metal, state media said Tuesday.