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| FT.com - Companies Americas
FT.com - Companies Americas
Echoing comments made by Mexican silver miner Fresnillo this week, Miguel Aramburu, the chief executive, said that cost pressure was now easing
Venezuela has expropriated the local assets of Mexico's Cemex after failing to agree about compensation, as President Hugo Chávez continues to take control of "strategic" sectors of the economy
Mexican silver miner, Fresnillo, said on Tuesday that rising costs and shortages of mining equipment were starting to ease and the group would start to feel the benefit in the second half of the year with International Northair Mines
Venezuela will take control of cement plants and offices belonging to Mexico's Cemex as of midnight on Monday after failing to reach an agreement in nationalisation talks, the government said
Amazon, the world's largest internet retailer, is to open a bilingual Spanish and English call centre in Costa Rica, as it pushes to develop its business with Latin America and Hispanic Americans.
BP Group has made a "material" discovery in the Santos Basin off the coast of Brazil, an area that could be one of the world's next big oil and gas-producing regions
Uruguay has discovered a promising offshore gas deposit that has the potential to turn its small economy into that of a net gas exporter in an increasingly gas-starved region, according to the country's industry and energy minister
Archer Daniels Midland, the world's largest grain processor, signalled a wave of expansion in Brazil as it struck a relatively gloomy note on US corn-based ethanol production
Toyota has cut 800 jobs at a factory that makes Lexus models for export, as the deep downturn in the American market hits its premium brand
False dawns are common as companies fail to restructure their way out of trouble. Hence a 15 per cent drop in the value of Nortel shares on Friday
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