Most Viewed South America Business News

The tyre factory will be in Resende, close to Rio de Janeiro, and will start production in 2013, Rollier told financial newspaper La Tribune. The plant will allow Michelin to "triple its capacity" in the region, he said. Rollier also...

There wasn't any turkey, stuffing or mashed potatoes under the shadow of the Interstate 95 underpass Saturday morning. No cranberry sauce and doting aunts and uncles or wine in a cardboard box. Instead, more than 80 immigrant men, mostly from...

Buyers of Caribbean holiday homes from a British developer fear their flats and villas will never be built and that they may lose tens of thousands of pounds. Harlequin Property has been selling homes at six Caribbean schemes on Barbados...

Rugby Estates has been disposing of its property portfolio to focus instead on its asset management arm which works with the likes of Bank of Scotland and Merrill Lynch. Two recent sales of property are expected to take the amount...

Jamaica's sovereign credit ratings by rating agency Standard & Poor's (S&P) in quick succession, first on August 5 to CCC+ and, more recently, on November 2 to CCC, both with a negative outlook, gives a glimpse of the challenging headwind...