Daily New September 13, 2016

Mutinational Index: Revenues in Latin America drop to $40 billion Latin American revenues of the Top 25 multinational companies operating in the region plunged to a total of $40.2 billion in the second quarter, down from the $47 billion in the same period last year, Latin Trade’s MNC Index shows. While most companies remained roughly in the same spot in the ranking, Finland’s Nokia went up from spot 25 to 22 this year. The surge comes despite being hit by a total revenue loss as customers postpone new orders while the Finnish firm integrates its purchase of Alcatel-Lucent. Latin Trade reports. Mexico’s IENova eyes share offering of more than $1-billion in October Mexico’s Infraestructura Energetica Nova (IEnova) aims to raise […]

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