Dow Chemical posts 4Q loss on charge

NEW YORK (AP) — Dow Chemical Co. is feeling the impact of the slowing European economy, and seeing some weakness in North America as well.

Mexican frontrunner favors local investors in telecom

MEXICO CITY (Reuters) - The favorite to win Mexico's presidential election this July said on Wednesday the country must favor local investors over foreign competitors in strategic sectors of the economy, including telecommunications.

Petrobras to Sell $7 Billion of Bonds in Biggest Brazil Deal

Petroleo Brasileiro SA (PETR4), Brazil’s state-controlled oil producer, plans to sell $7 billion of dollar bonds as soon as today in the country’s biggest corporate debt offering ever.

Coca-Cola to Invest $1 Billion This Year in Mexico

Coca-Cola Co. plans to invest more than $1 billion this year in Mexico, an important market for the soft-drink maker, as part of a $5 billion, five-year investment plan.

Brazil stocks fall as European worries ramp up

LOS ANGELES (MarketWatch) — Stocks across key Latin American markets fell Monday, hurt by a worsening outlook for any resolution to Europe’s long-running debt crisis.

Brazilian Businessmen Are The Third Most Optimistic in The World.

According to the International Business Report (IBR) 2012 Grant Thornton International, 74% of Brazilian businessmen are optimistic about the Brazilian economy in 2012.

Brazil’s Central Bank Signals it Will Lower Interest Rates to Below 10%

Brazil’s central bank said there is a “high” chance its benchmark rate will drop below 10 percent, signaling it remains focused on spurring economic growth even as record-low unemployment pressures consumer prices. Yields on interest rate futures plunged.