Prosecutors Accuse Top Brazil Building Executives of Corruption

Federal prosecutors formally accused executives from Brazil’s top builders of participating in the country’s biggest corruption scandal in history.

Petrobras Quarterly Output Jumps 9% on New Platforms

Brazil’s state-run oil company Petroleo Brasileiro SA (PETR4) said production increased 9 percent in the third quarter as output rose at new platforms, according to a statement in O Globo newspaper.

Panama votes this weekend in closest election since 1989 US invasion

Panamanians vote for a new president on Sunday in the closest contest in a generation with opponents of President Ricardo Martinelli seeking to thwart the business tycoon's attempt to maintain an indirect grip on power.

In El Salvador, a glimmer of hope for a stronger economy

FORTUNE -- Twenty-one-year-old Cesar Canas flashes a winning smile as he pitches his latest business idea: a shrimp farm that recycles its liquids rather than drawing daily on El Salvador's limited water supply.

Latin America in 2014

It has taken 50 years for a commercial flight from the United States to have official permission to land with American passengers in Cuba, but recently a small plane from Key West has done just that.

Mexico's Senate backs reform to break oil monopoly

Mexico City (AFP) - Mexico's Senate approved controversial legislation Wednesday to open the state-controlled energy sector to foreign investment and break the 75-year-old oil monopoly.

Brazil Braces for More Protests Despite Rousseff Promise

Brazilian police expect 130,000 people to take to the streets today as officials rush to respond to demands for improved health care and education in protests that have coincided with a dry run for the World Cup.

Latin America: Region one of worst for corruption

Latin American economies may have weathered the global recession better than most, reduced poverty, and grown the middle class, but across most of the region corruption remains as entrenched as ever.

Brazil's sports minister leaving

 Brazilian media reported Wednesday that the nation's sports minister will be replaced soon because of corruption allegations.