Votorantim Novos Negocios.(BRAZIL)
VOTORANTIM NOVOS NEGOCIOS, the investment arm of Brazilian
conglomerate Votorantim, said it would merge Tivit, its technology
outsourcing unit, with Telefutura, a Brazilian call center business. . . .
EDF.(ARGENTINA)
EDF, a French power company, said it would sell for an undisclosed
amount its 25% stake in Edenor, an Argentine power company. The sale is
part of EDF's strategy of focusing on European . . .
Kor Hotel Group.(TRAVEL)
KOR HOTEL GROUP has opened in Mexico The Tides, its brand of
exclusive resort hotels. The units are located in Riviera Maya and Playa
del . . .
Peru: hot, hot, hot.
Peru is on fire and shows no signs of cooling soon. The
country's gross domestic product last year hit historic highs.
Red-hot Asian economies continued to roar along last year, feeding
demand for . . .
You gotta have art: a Guatemalan hotel finds an aesthetic
solution to labor problems through arts and crafts.
Casa Santo Domingo, one of the most luxurious and charming hotels
in the colonial Guatemalan city of Antigua, found an innovative solution
to what would have been a labor conflict. A few years ago, . . .
Acergy.(BRAZIL)
ACERGY, a global offshore construction firm, won a US$400 million
contract to install 120 kilometers of pipeline to run from an oil
platform owned by Petrobras, Brazil's state-owned oil company. . . .
Chemical brothers.(PANORAMA)
Venezuelan President Hugo Chavez's nationalist rants
don't appear to be scaring away Brazilian investors. Braskem, a
Brazilian petrochemical company, and Pequiven, Venezuela's
state-owned company . . .
Companhia Vale Do Rio Doce.(COMPANIES)
COMPANHIA VALE DO RIO DOCE, a Brazilian metals and mining company,
bought for US$690.5 million Australian coal company AMCI . . .
Panama: booming, for now.
The expansion of the Panama Canal is not the only thing making the
country's economy grow. Panama is standing on firm ground, thanks
to a rush of foreign investment in residential and . . .
The negotiator.
Agustin Carstens is a key figure in the cabinet of Mexican
President Felipe Calderon. Named Finance Minister in December, the
choice was well-received by the financial sector and seen as a sign . . .
Carrefour.(BRAZIL)
CARREFOUR, a French supermarket chain, received US$329 million in
financing from BNDES, Brazil's state-owned development bank, to
expand its retail network in Brazil. BNDES will provide half, while . . .
Carrefour.(BRAZIL)
CARREFOUR, a French supermarket chain, will buy for US$1.07 billion
Rede Atacadao, a Brazilian supermarket chain. Rede Atacadao has 34
stores across Brazil and controls 4% of the grocery . . .
Fabio Barbosa.(CAREERS)
FABIO BARBOSA, president of Brazilian bank Banco ABN Amro Real, has
been named president of the Brazilian Federation of Banks (Febraban),
Brazil's banking . . .
Shame.
U.S. politicians are regularly ridiculed for the longstanding
"war" on drugs. But drug interdiction and mandatory jail time
for repeat offenders has gone a long way toward tamping down what . . .
Cool Cancun: tips from the concierge at The Westin Resort &
Spa, Cancun.
Can you recommend a restaurant for a business lunch or dinner?
Yes. It's called Cenacolo. It's an Italian restaurant
located underneath a wine cellar with an enormous selection of Italian
wines. . . .
Consorcio Capim Branco Energia.(BRAZIL)
CONSORCIO CAPIM BRANCO ENERGIA, a Brazilian energy consortium,
opened a second hydroelectric plant at the Energetico Amador Aguiar
energy complex in Minas Gerais state, Brazil. The entire . . .
BNDES.(LOGISTICS)
BNDES, Brazil's state-owned development bank, approved US$252
million for the installation of shipyard Estaleiro Atlantico Sul, in
Pernambuco in northeastern . . .
Logjam.(EDITOR'S NOTE)
Hindsight is 20-20, as they say. A few years from now, lots of
people will look back at the stack of stalled trade deals on the desk of
the U.S. Congress and say, "Wow, what were they . . .
Mouse hunt: three wireless computer mice for business
users.
IOGEAR BLUETOOTH OPTICAL MINI MOUSE
Control your laptop presentation from more than 20 meters.
Bluetooth means no cables. Optical sensor, contoured design, highly
accurate for design work. Uses . . .
Calderon's big chance: Mexico's new leader could be the
one to finally drive home the economic reforms his country
needs.
Mexico's President Felipe Calderon faces a pressing
challenging: Achieving consensus in the Congress on energy and tax
reforms, the delay of which has raised serious red flags for a major
world . . .
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