Latin America News
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Colombian lawmakers shelved a bill designed to challenge the dominance of America Movil SAB in the mobile-phone industry, a victory for a company besieged by regulatory crackdowns in Latin America.
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Citigroup Inc., the U.S. bank that sold its Credicard unit in Brazil last week, hired Marcelo Marangon, a former executive director of Banco Itau BBA SA, to lead its corporate bank in the country, according to a person familiar with the matter.
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Biosev SA, the Brazilian sugar mill controlled by Louis Dreyfus Holding BV, is posting an unusual kind of stock market rally after last month’s $347 million initial public offering.
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This weekend, Bayern Munich and Borussia Dortmund will play in the final of Europe’s most prestigious soccer competition, and for the first time it’s an all-German affair. There’s something a little too apt about Germany’s domination of Europe’s favorite sport this year. As goes football, so goes the European economy? Bear with me. There could be something to it.
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