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empresas News

Mexico unveils $5.5-bn rescue plan for ailing Pemex

Mexico - The Mexican government said Friday it would bail out ailing state oil company Pemex with $5.5 billion in additional funds this year -- though that falls short of what analysts say the firm needs.

Macri's father, brother in court over Argentina corruption case

Buenos Aires - The brother and father of Argentina's President Mauricio Macri are to testify in court this week over their alleged involvement in a huge kickbacks scandal known as the "corruption notebooks" case, reports said Monday.

Bail set at $1 mn each for sons of Panama ex-president arrested in US

Miami - A US judge on Tuesday set bail at $1 million each for two sons of Panama's ex-president Ricardo Martinelli who, like their father, stand accused of collecting huge bribes in a wide ranging cash-for-contracts scandal.

Two sons of former Panama president Martinelli arrested in US

Panama - Two sons of former Panamanian president Ricardo Martinelli, who is accused of collecting bribes worth millions in the wide-ranging Odebrecht scandal, were arrested in the United States, officials said Wednesday.

Petrobras recovers $274 million from corruption scandal

Rio De Janeiro - Brazil's state-owned oil major Petrobras said Thursday that it has recovered 1.034 billion reais ($274 million) in funds embezzled during a giant corruption scandal that badly damaged the company and upended Brazilian politics.

Ivanka Trump talks up LatAm women's fund for entrepreneurs

- Ivanka Trump, daughter and advisor to US President Donald Trump, on Friday announced a private-public funding plan to boost businesses started by women in Latin America.
 

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