The fast food sandwich chain Subway found itself at the center of a quarrel over a ban on avocado imports in Costa Rica Thursday when the restaurant’s decision to temporarily stop offering avocado led to a stunt by Communication Minister Mauricio Herrera.
In the six months since President Obama announced a new opening to the island, sales of U.S. foodstuffs — among the few U.S. products allowed, with restrictions, under the embargo — have dropped by half, from $160 million in the first quarter of 2014, to $83 million this year.
Innovation, the process behind the shiny outcome, doesn't produce results right away. Companies must have the stomach and the patience to let that process take place.
Labels are pushing to get a larger chunk of revenue than they receive under their current deals with Spotify, a competing streaming service, people familiar with the negotiations said. Both sides want to complete a deal before Apple's June 8 annual event in San Francisco for more than 5,000 developers.
SANTIAGO, Chile – Foreign direct investment in Latin America and the Caribbean fell 16 percent in 2014, reversing a decade-long growth trend as the region's economies slowed, a U.N. panel said Wednesday.
We don’t negotiate the same way in Latin America as they do in Asia, the United States or Europe. Here are a few tips for negotiation survival in “the happiest place on Earth.”
Costa Rica’s main port in Limón has been unable to bring two Chinese-donated X-ray scanners fully online six years after they were donated. The scanners lack Internet and electrical connections and can't be operated in the rain.
China Development Bank and the Asian country's export credit financing agency agreed to provide a total of $7 billion in financing for Brazil's state-run energy company Petroleo Brasileiro. And Tianjin Airlines signed a contract to buy 22 jets from São Paulo-based Embraer.
A new app called “Social Help” developed by a group of Costa Rican entrepreneurs will receive support from U.S. businessmen, including CNBC’s Shark Tank investor Mark Cuban. The application allows interaction with professionals such as doctors via videoconference, text chats and games.
MEXICO CITY — Mexican policymakers were unanimous in their decision to keep the key interest rate unchanged at a record low last month, with the majority warning against raising rates before the Federal Reserve.
