Posts Tagged ‘Latin America’

Brazil lifts rates and signals further tightening

Brazil’s central bank raised interest rates by 50 basis points and signalled further tightening in the weeks to come as Latin America’s biggest economy seeks to rein in a worrying surge in inflation View full post on UK Business Stories

Campbell Soup 1Q Profit Down 8 Percent

Kris Alingod – AHN News Contributor Camden, NJ, United States (AHN) – Campbell Soup’s earnings for the first quarter of 2011 slid 8 percent but the company maintained its full fiscal year outlook. Net income for the period ended Oct. 31 was $279 million, or 82 cents per share, down from $304 million, or 87 […]

Report: Mexican Drug Cartels Spreading to Other Countries

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – New government reports indicate Mexican drug cartels are making a bigger push to organize their black market activities in the United States, Europe and neighboring Latin American countries. In one example, some reports indicate the cartels are associating with white supremacists in the […]

Colombia’s President Warns About California’s Legalized Marijuana Proposal

Tom Ramstack – AHN News Correspondent Bogota, Colombia (AHN) – Colombia’s president is saying that an approval by California voters Nov. 2 of a proposal to legalize recreational marijuana could force nations worldwide to rethink their anti-drug policies. He also said legalized marijuana in California would make the fight against drug cartels tougher throughout Latin […]

Nestle Reports Strong Nine-Month Sales

Kris Alingod – AHN News Contributor Vevey, Switzerland (AHN) – Nestle reported better-than-expected sales in the first nine months of the year on Friday and maintained its forecast for the full year. Sales from January through September grew to 82.8 billion Swiss francs ($85.2 billion), up 4.1 percent from 79.5 billion Swiss francs ($81.8 billion) […]