Industry Summits
No nationalization wave in Latin America: Slim
MEXICO CITY (Reuters) - Venezuela's nationalization of telecommunications and energy companies will not be widely copied in the rest of Latin America because most governments need private investment, Mexican tycoon Carlos Slim said on Thursday. Full Article | Video
Latin America lags in infrastructure investment
BUENOS AIRES (Reuters) - Latin America has failed to invest sufficiently in infrastructure, and current government efforts to increase public spending are seen as insufficient to make up for the years of neglect. Full Article
America Movil eyes acquisitions
Apr. 3 - The largest cell phone operator in Latin America is open to acquisitions outside its core region. Play Video
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Executives bet imaginary $50 million in Latin America
MEXICO CITY (Reuters) - Executives taking part in the Reuters Latin America Investment Summit were asked where they would invest $50 million of their own money, other than in their company. Below are some of their answers: Full Article
Brazil should scrap import tariffs to weaken real
SAO PAULO (Reuters) - Brazil's government may only have one way to keep the local currency from strengthening too much, former Central Bank President Gustavo Franco said: scrapping all import tariffs so that more dollars flow out of the country. Full Article
Peru aims large local debt boost by 2007
LIMA (Reuters) - Peru will seek to raise as much as it can locally to finance up to $1.8 billion in payments to the Paris Club, its economy minister said on Friday. Full Article
Chile's Cencosud eyes $6.8 bln '07 sales
SANTIAGO (Reuters) - Chilean retailer Cencosud said on Friday it viewed a goal of $6.8 billion in sales for 2007 as reasonable. Full Article
Southern Copper sees low EBITDA growth
MEXICO CITY (Reuters) - Southern Copper sees little or no EBITDA growth this year because lower copper prices will offset a jump in output, the mining company's chief financial officer said on Friday. Full Article
Mexico's Calderon receives drug war threats
MEXICO CITY (Reuters) - Mexican President Felipe Calderon and his family have received threats for launching a war against drug cartels, a fight that will drag on for years, he said on Thursday. Full Article
OMA sees EBITDA margin up to 60 pct
MEXICO CITY (Reuters) - Mexican airport operator OMA sees its profit margin rising to 60 percent by 2010 from 54 percent and is evaluating expansion, possibly into Central America, the company's chief executive said on Friday. Full Article
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Reuters Summits are your direct link to top business leaders, investors and regulators. Our journalists interview heavyweights in a particular industry, spin out hard-hitting breaking news and sharp analysis that can often move markets. If you want to understand what the insiders are thinking, look for Reuters Summits. Launch Full Video
Obama picks Geithner for Treasury: report
CHICAGO (Reuters) - President-elect Barack Obama has selected Timothy Geithner to be his Treasury secretary, putting the respected head of the New York Federal Reserve in a key role as the U.S. economy staggers toward recession, NBC news reported on Friday. Full Article
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