Grupo BTG Pactual SA is making quick headway in stabilizing the firm just two weeks after its CEO, founder and face, the billionaire Andre Esteves was jailed. Pactual bonds were nearly unchanged on Monday in a sign that the bank's efforts to sells its assets and raise cash is working.
Brazilian president Dilma Rousseff received a Hail Mary pass on Tuesday, when the Supreme Court halted impeachment proceedings against her. And at the same time there was some conjecture as to whether a key ally would abandon her.
With only hours left before the transition of power, outgoing President Cristina Fernandez de Kirchner and President-elect Mauricio Macri cannot come to terms on how the presidential handover will take place. To be sure, Argentina is facing much more serious problems that Macri will have to confront immediately upon taking office.
Mexico’s government announced that it will spend $32 billion to modernize its refineries while cutting greenhouse gas emissions produced by gasoline and oil-processing facilities.
Wal-Mart Puerto Rico, Inc. has filed a lawsuit against the Commonwealth of Puerto Rico over a steep rise in tax.
Even with the economic crisis in Brazil, popular flip-flop brand, Havaianas, has maintained strong sales and has avoided the effects of the economic crisis.
Brazil's BTG Pactual investment bank faced further trouble on Wednesday as its Chairman and Chief Executive Andre Esteves was jailed.
Panama's economic growth continues to grow every year. What does this spell for the Latin American country?
HACR said that the lack of progress is worrisome.
BHP shares have plunged to a ten-year-law as the company prepares to face a lawsuit against the Brazilian government.
BTG Pactual has been accused of bribing a top official in exchange for political favors.
Mexican billionaire Carlos Slim, who is also one of the world's richest men looks like he is losing some of its fortune. During this past year, Slim's fortune has been shrinking due to the fluctuations of the stock market and the stocks of his various companies losing market value.
American Airlines Group has stopped accepting Argentine pesos as payment for airline tickets.
Pemex downgrade of "little impact," says company.
This was the first time in their 52 years in the industry to reveal three cover girls.
Here are five important things to remember for next year's Ecuadorian elections.