South America Business News

It could be several more quarters before we see significant growth in comparisons for year over year,” said Oklahoma City securities analyst Greg Womack. “But for now it appears they are controlling costs, improving margins and their balance sheet, and...

In its Social Panorama of Latin America 2009, the Santiago-based institution projected that the region's poverty rate will rise by 1.1 percent and that extreme poverty will climb by 0.8 percent compared with 2008. In other words, the number of...

The Shell Company WI Ltd agreed to sell its commercial and industrial service stations, its distribution and marketing of lubricants in the Dominican Republic to the group Sol, though the negotiations don’t include Lubridom. The downstream business agreement will also...

The company announced the decision on its Web site this week. Leaders of the long-running anti-sweatshop movement say the company's move is its biggest victory to date. Nearly 100 colleges and universities had dropped their licensing deals with the company...

The Associated Press laid off an undisclosed number of news employees Tuesday as part of the cooperative's yearlong plan to cut worldwide payroll expenses by 10 percent. AP spokesman Paul Colford refused to specify how many jobs were eliminated Tuesday...

Macau, especially when you have a casino called City of Dreams. But it also raises questions: How much of that revenue increase is sustainable?...The biggest question: Can Macau fulfill the dreams of all six casino operators that are betting on...