Industry Summits
Mexico's Pemex seeks more autonomy, flexibility
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
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
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
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
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
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
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
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
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
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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