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Industry Summits

Mexico's Pemex seeks more autonomy, flexibility Friday, 31 Mar 2006 05:48pm EST

MEXICO CITY (Reuters) - Mexico's future as an oil exporter hinges on winning more autonomy and operating flexibility for state oil monopoly Pemex, Chief Financial Officer Juan Jose Suarez said on Friday.  Full Article 

Banco de Chile sees loans up 10-11 pct Friday, 31 Mar 2006 04:26pm EST 

SANTIAGO, Chile (Reuters) - Banco de Chile, the country's second biggest bank, sees its loan portfolio growing between 10 percent and 11 percent this year in real terms and a slight increase in market share, its top executive said on Friday.  Full Article 

Economist lauds fiscal strides, but more needed Friday, 31 Mar 2006 02:23pm EST 

NEW YORK (Reuters) - Latin American governments have made great strides in putting their fiscal houses in order but they need to redouble efforts to ensure long-term growth and a reduction in poverty, the chief economist for Latin America at Morgan Stanley said on Friday.  Full Article 

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Latin stock rally still has legs, despite boom Friday, 31 Mar 2006 09:55pm EST

NEW YORK (Reuters) - A three-year rally in Latin American stocks has led to worries of an overheated market, but a look at corporate balance sheets and the health of regional governments should allay most fears, money managers say.  Full Article

 
Mexican manufacturer Alfa sees revenues up in 2006 Friday, 31 Mar 2006 10:47pm EST

MONTERREY, Mexico (Reuters) - Mexican conglomerate Alfa said on Friday it expects to increase revenues by at least 14 percent this year and plans to hand out $120 million in annual and extraordinary dividends.  Full Article

 
Pemex sees output flat to 2007 Friday, 31 Mar 2006 03:05pm EST

MEXICO CITY (Reuters) - Mexican state oil monopoly Pemex sees crude oil production staying roughly flat this year and next, Chief Financial Officer Juan Jose Suarez said Friday.  Full Article

 
Mexican Banorte sees fast credit growth Friday, 31 Mar 2006 04:34pm EST

MEXICO CITY (Reuters) - Banorte, Mexico's fourth largest bank, expects to expand credit by as much as 20 percent this year, helping offset pressure on margins caused by falling interest rates, Chief Executive Luis Pena said on Friday.  Full Article

 
Telefonica bets on broadband for growth in Brazil Friday, 31 Mar 2006 11:34am EST

SAO PAULO, Brazil (Reuters) - Spanish telecoms giant Telefonica is betting on broadband services to underpin growth in Brazil, where the market for traditional wireline phone systems is stagnant and the company's mobile operation is losing market share to fierce competition.  Full Article

 
Latam regulatory climate won't deter miners Friday, 31 Mar 2006 09:01am EST

SANTIAGO, Chile (Reuters)- Neither a growing left-wing tendency nor a tighter regulatory environment can deflect mining industry interest in Latin America as long as sizzling metals prices keep miners' eyes on the mineral prize.  Full Article

 
Pemex sees output flat to 2007 Friday, 31 Mar 2006 02:34pm EST

MEXICO CITY (Reuters) - Mexican state oil monopoly Pemex sees crude oil production staying roughly flat this year and next, Chief Financial Officer Juan Jose Suarez said Friday.  Full Article

 

More Latin America Investment News

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