Talks between Chinese and World Trade Organization negotiators in Geneva appear to have stalled due to the inability to reach agreement on whether China will be accorded “developing nation” status for its agricultural sector, and the extent to which it …
ACE International, the global operations arm of Bermuda’s ACE Ltd., announced plans to open a new regional headquarters in Sao Paulo, Brazil, headed by Acacio Queiroz, to serve the company’s Latin American clients. The new office, which is expected to …
Hartford Life, a leader in retirement funding in the United States, has reached an agreement with Seguros DFI and Fianzas DFI of Mexico City to acquire a controlling interest in the two companies and sell life insurance and related products …
Spain’s Internet service provider, Terra Networks, announced that merger talks with U.S. Lycos had been successfully concluded and that the two companies were set to merge. Terra, the Internet subsidiary of Spain’s Telefonica, will acquire Lycos in an all stock …
ZonaFinanciera.com, a provider of online financial services and information for Latin America, announced a strategic alliance with American International Group, Inc. (AIG). Auto and homeowners insurance provided by AIG member companies will be offered in Argentina, Brazil, Chile, Mexico, Venezuela …
According to a report by Reuters News Agency, the Brazilian Insurance Federation can only verify about 70 percent of the claims received by local insurers concerning lost or stolen vehicles. A record 353,000 cars were reported stolen in the country …
