Cuba’s Havana Club rum is set to enter the U.S. market “even if it were to open tomorrow,” according to executives of the firm that exports 75 percent of its production.
Possible U.S. Fed hike of interest rates and difficulty in approving structural reforms at home, lead to appreciation of U.S. dollar, fall of market.
Brazilian agribusiness exporters however must first do away with barriers of quotas, tariffs and accusations of not meeting international health standards.
Venezuela and Iran continue to seek consensus on ways to stabilise oil markets and strengthen OPEC
The Salvadorian Association for Private Business presented a new package with proposals to rekindle growth and strengthen El Salvador’s economy.
Under Carlos Slim’s guidance, the IBEX 35 construction firm has earned its first major contract in the region.
After restructuring talks with its national and international creditors failed, Brazilian telecommunications operator Oi filed a request for bankruptcy protection this Monday
The cab-hailing company tripled their number of journeys during the first months of the year even when their permanence is subject of controversy.
Backus and Johnston, daughter company of SAB Miller controls 95% of the market and distributes the three most popular brands.
Mexico's Pemex is looking to sell extraction rights to massive deep sea oil reservoirs in the gulf, Exxon, Total and Chevron are the leading prospects.
Cuba's government has announced that it is legalising small and medium-sized private businesses.
Even though some businesses will benefit greatly from the event, Moody’s assures that the positive impacts on the nation’s economy will be limited.
Chile has competitive assets to support a transition toward an economy that generates value through knowledge and innovation
As tens of thousands of Cuban millennials give up on Cuba and head north, a big part of an expanding class of entrepreneurs who are opting to remain, betting on Cuba’s future despite serious challenges.
The market is pricing that Venezuela will default in the coming months. With almost $2 billion in debt due in October. As with the default, the existence of PetroCaribe is a matter of time and this will bring economic instability to Central America and the Caribbean.
Colombia’s government sold its 57.6% stake in energy company Isagen to Canada’s Brookfield Asset Management for $1.99 billion, the finance minister said on Wednesday.
We Ignore Cronyism at Our Peril. In the wake of the scandal surrounding Brazil’s state-run oil company Petrobras, we would do well to analyze the role of state enterprises in the Americas.