MANAGUA, Nicaragua – Nicaraguan writer and Catholic priest Ernesto Cardenal this weekend blasted plans for the construction of a massive interoceanic canal, calling it a "monstrosity" that would split the country in two and irreversibly damage Lake Cocibolca, the biggest freshwater lake in Central America.
PANAMA CITY – A widened Panama Canal will be open for business in 2016 after a $400 million cash injection to help complete the long-delayed project was received, the waterway's chief administrator said Monday.
NEW YORK – Banana giant Chiquita rejected Thursday the takeover bid by Brazil's Cutrale and Safra groups, calling their offer "inadequate" and sticking to its plan to merge with European fruit seller Fyffes.
NEW YORK — Chiquita Brands International, owner of the namesake banana label, received an unsolicited $611 million takeover proposal that envisages the company scrapping its pending merger with Irish competitor Fyffes. Brazilian juice maker Cutrale Group and financial conglomerate Safra Group said Monday in a joint statement they are offering $13 a share for Charlotte, North Carolina-based Chiquita.
TAIPEI, Taiwan – Seven years ago, Costa Rican President Óscar Arias outraged Taiwanese officials by breaking diplomatic relations with the prosperous island nation and aligning Costa Rica instead with mainland China. Yet Costa Rica remains Taiwan’s largest Central American trading partner by far, with bilateral trade consistently outpacing the region’s other countries