By Noe Torres MEXICO CITY (Reuters) – The Bank of Mexico is expected to hike its benchmark interest rate to…
Brazil’s auto production, sales fall in January as demand slows
SAO PAULO (Reuters) – Brazil’s auto industry production and sales dropped sharply in January from the previous month, data from…
Mexico peso to pare recent gains but be kept firm by tight policy: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Mexico’s peso is set to pare its advance of recent months but will…
China says it will set up yuan clearing arrangements in Brazil
BEIJING (Reuters) – China’s central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil,…
Colombia unveils four-year development plan worth nearly $250 billion
BOGOTA (Reuters) – Colombia’s government on Monday presented a $247.1 billion four-year development plan to the country’s lawmakers, laying out…
Son of Brazilian billionaire founder of Banco Safra sues family
SAO PAULO (Reuters) -An heir of Lebanese-Brazilian billionaire banker Joseph Safra has sued his mother and two siblings amid a…
U.S. VP Harris highlights $4.2 billion private sector investment in Central America
By Ted Hesson WASHINGTON (Reuters) – Private companies have committed to invest $4.2 billion in northern Central America as part…
Lula says ‘no explanation’ for Brazil’s current interest rate levels
RIO DE JANEIRO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday there was “no explanation” for…
Brazil interest-rate cuts seen kicking off in Nov, cenbank survey shows
BRASILIA (Reuters) – Private economists now expect Brazil’s central bank to start cutting rates in November rather than September, a…
Brazil’s Lula to restart housing program for low-income families
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva will this month restart the federal housing program “Minha Casa,…