By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s central bank is set to hold the country’s benchmark interest rate steady…
Argentina to freeze prices of 1,500 consumer goods as inflation bites
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s government announced a deal on Friday with supermarkets and suppliers of mass…
Fiscal and social concerns equally important for Brazil’s economy, Itau CEO says
SAO PAULO (Reuters) – Fiscal and social concerns should be given equal weight in the running of Brazil’s economy, the…
Mexico Sep industrial production falls 0.2 pct vs Aug
MEXICO CITY, Nov 11 (Reuters) – Mexican industrial output fell 0.2 percent in September from August and was 3.9 percent…
Mexico president confirms nomination of cenbanker Esquivel for IDB chief
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador confirmed on Thursday the nomination of Bank of Mexico Deputy…
Bigger loans help Brazil bank Itau’s earnings outclass peers
SAO PAULO (Reuters) -Latin America’s biggest bank Itau Unibanco SA on Thursday posted a recurring net profit rise of 19%,…
Brazil’s Rumo profit soars on higher volumes, tariffs
SAO PAULO (Reuters) – Brazilian railroad operator Rumo SA reported on Thursday a six-fold jump in third-quarter profit, benefiting mainly…
Peru’s central bank raises benchmark interest rate to 7.25%
LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate by 25 basis points to 7.25% on Thursday, as…
Brazil’s Magazine Luiza swings to loss, hit by higher borrowing costs
SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza SA reported on Thursday an adjusted net loss of 146 million reais…
Lula’s honeymoon with Brazil markets ends amid spending plan fears
By Lisandra Paraguassu and Gabriel Stargardter BRASILIA (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets…