Developing nation's share of global investment to rise by 2030

KINGSTON, May 19 (Xinhua) -- Countries in Latin America and the Caribbean will be among the developing nations that become leaders in global savings and investments by 2030, the World Bank says. The World Bank, in a report released Sunday, said as ...

Starwood Hotels & Resorts Worldwide Inc. (HOT) plans to expand its operations in Latin America by 50% over the next five years. This will lead to the opening of seven hotels per year on an average in that region. Starwood has been focusing on this ...

The Clinton Global Initiative is taking its formula of a powerhouse gathering of global leaders to a new part of the world.

A slump in global media freedom driven by Mali's turmoil, Greece's decline and tightening media control in Latin America pushed the percentage of the world's population in countries with a

Soon, sports utility vehicles (SUVs) made in India would burn rubber in developed markets such as Europe, Japan, Latin America and Australia. Global automobile majors are looking to leverage India's cost-competitive manufacturing practices and turn the country into an export hub for utility vehicles. Domestic automobile major Mahindra & Mahindra (M&M) and French car maker Renault started exporting the XUV500 and the Duster, respectively, to Europe in December 2012. Now, Fiat and Ford ...

Latin America/India (MNN) ― Latin America and India are taking their place on the global stage. Jonathan Shibley of Global Advance says they're telling young leaders from these nations, "Everybody has a redemptive opportunity to use their life to ...

May 20 (Bloomberg) -- Caterpillar Inc., the world's largest maker of construction and mining equipment, said global retail sales declined at a slower pace as Latin America improved. Total machine retail sales fell 9 percent in the three months ...

As global Foreign Direct Investment saw a decrease in 2012, Latin America hit a record number. The region received $173.361 billion, its highest ever - an increase of 6.7 percent from the previous year, as opposed to the general shrink by 14 percent ...

Despite an improvement in the U.S., the global economy is still trying to get off the ground, as Caterpillar Caterpillar Retail sales of machines fell for the past three consecutive months, Caterpillar announced on Monday. Overall, sales fell 9% in ...