Chilean state copper producer Codelco saw its pre-tax profit for the first quarter of 2012 fall 38% to US$1.45bn from US$2.34bn year-on-year, CFO Thomas Keller said during a press conference. The r...

Latin America's leading life insurer, MetLife (NYSE: MET), is shifting its business mix internationally and in the US so that emerging markets account for more than 20% of operating earnings by 2016, ...

The case brought by TV content holding HBO against Christian Álvarez, the alleged Chilean administrator of Argentine internet streaming site Cuevana, is significant as it marks the first criminal case...

The Argentine economy is increasingly losing steam and will likely enter into recession this year, according to a report by research firm Capital Economics. The firm said Argentina could find itsel...

Brazil's senate has approved a 2.3bn-real (US$1.15bn) loan agreement between IDB and the state of São Paulo to partially fund construction of the Norte section of the Rodoanel Mário Covas beltway surr...

Looking at the schedule of upcoming port projects in Latin America, you could be forgiven for thinking it's still 2010. Most of the projects slated for this year have either launched previously and fa...

The leaders of Bolivia's Santa Cruz civic committee postponed a strike they were preparing to demand progress on the El Mutún iron and steel project, the committee's communications director, Hugo Salv...

Colombia's tender for 4G services will begin in June, while spectrum will be awarded by September, the national spectrum agency's (ANE) head, Oscar León, was quoted as saying by local press. So far...

Uruguay's state-owned water utility OSE expects to award a tender to build a wastewater treatment plant in the northwestern city of Salto on July 2, a spokesperson told BNamericas. The project will...

BNamericas' latest Oil & Gas Intelligence Series publication, "Latin America opens up to Chinese NOCs," highlights the Asian government's promotion of these companies worldwide, in particular into Lat...

Portugal's EDP has unveiled plans to expand its Brazilian power network by 2.27GW, citing the country as a "key growth market" in its global operations. In an investor report the company said it wo...

Brazil's trade deficit in chemical products was US$7.5bn in the first four months of 2012, up 5.1% on the same period in 2011, chemicals industry association Abiquim said. Imports in the period tot...

London-based Anglo American (LSE: AAL) and Chilean state copper producer Codelco have agreed to explore the possibility of negotiating an agreement in relation to the former's central Chile assets, kn...

Brazil's Paraná state water utility Sanepar has launched tenders worth a total 16.8mn reais (US$8.02mn) for maintenance and expansion works in the metropolitan regions of Cascavel, Imbaú and Foz do Ig...

Brazilian telco TIM can surpass rival and mobile market leader Vivo in the prepaid segment by the end of May, according to data from local consultancy Teleco. Over the last three months, TIM has in...

Contact center software provider Genesys is seeking to expand in Latin America through acquisitions, sales VP for Latin America John Carr told BNamericas. In February, French company Alcatel-Lucent...

Recent nationalization announcements in Argentina and Bolivia are likely to be followed by others in some Latin American countries, but there is no risk of a massive wave of expropriations spreading a...

Chilean President Sebastián Piñera has announced plans to revive southern region X's Chacao bridge project. The government expects to call an international tender to design the bridge, which will c...

Peruvian financial conglomerate Credicorp's (NYSE: BAP) new regional investment bank, being formed with Chilean firm IM Trust and Colombian broker Correval, is looking to double assets under managemen...

Luxembourg-based ArcelorMittal's (NYSE: MT) US$1.5bn Brazilian expansion plan that was temporarily suspended at the end of 2011 will continue on hold, Benjamin Baptista, CEO of the company's Brazilian...