Brazil

CFW View: Wind power projects emerged as the undisputed winners in the latest round of power auctions organized by Brazil's government. The outstanding performance has been driven... 2011-08-22

The proposed merger between Chilean airline LAN and Brazilian carrier TAM has hit more turbulence, with Chilean rival PAL filing a constitutional challenge to the move. However, with... 2011-08-19

Within the major countries of Latin America the beer sector is highly concentrated, with AmBev dominant in Brazil and Argentina (as well as in Bolivia, Paraguay and Uruguay ), SABMiller... 2011-08-16

Brazilian national oil company (NOC) Petrobras is considering offloading a stake in its Japanese refining subsidiary Nansei Sekiyu Kabushiki Kaisha (NSS).

Reports in the Brazilian press have suggested that Walmart has been in talks to acquire Carrefour's operations in the country. These reports come after Carrefour failed to secure a... 2011-08-10

US soft drink and snack giant PepsiCo has moved to quickly dismiss suggestions that it could follow the example set by Kraft and split the business in two. Analysts from Sanford Bernstein... 2011-08-08

Petrobras's planned US$13.6bn asset-divestment plan is a positive step towards bolstering the company's balance sheet as it undertakes the world's largest capital-spending programme.... 2011-08-03

In a surprise announcement Japanese brewer Kirin has revealed it is has secured a majority stake in Brazil-based Schincariol for BRL3.95bn (US$2.5bn). BMI had previously made Heineken... 2011-08-02

América Móvil is to go full circle as the company made a US$6.5bn bid for the remaining 40% stake in Telmex it does not currently own. América Móvil was spun off from Telmex... 2011-08-02

Brazilian mining company Vale has entered into an agreement for the development of a joint venture (JV) with its subsidiary Vale Fertilizantes.