March 4, 2008  
ALCATEL-LUCENT: State Firm Mulling Co.'s Settlement Proposal
Costa Rican state-run electricity monopoly Instituto 
Costarricense de Electricidad's legal director Giovanni Bonilla 
told Business News Americas that the company is studying 
Alcatel-Lucent SA's proposal to settle a judicial dispute with 
the firm...
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ASPIL SA: Files for Reorganization in Court
Aspil S.A. has requested for reorganization approval after 
failing to pay its liabilities since Jan. 31, 2008...
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BANCO INDUSTRIAL: Works With Investors to Set Up Salvadorian Arm
Banco Industrial's International Banking Director Luis Prado 
told Business News Americas that the bank has collaborated with 
investors to launch a bank in El Salvador...
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CORDIA CORP: Says LatAm Will be 10% of Revenues by Year-End
Cordia Corp.'s President Kevin Griffo told Business News 
Americas that the firm expects revenues from Latin America to be 
10% of global revenues by year-end, compared to the current 2%...
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EMPRESAS ICA: Incurs MXN1,170 Mln Net Loss in Qtr. Ended Dec. 31
Empresas ICA S.A.B. de C.V. posted a net loss of
MXN1,435 million for the three months ended Dec. 31, 2007, 
compared to net income of MXN367 million for the same period in 
2006.  For the full year of 2007, the company incurred a net 
loss of MXN$804...
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NATIONAL COMMERCIAL: Olint's Injunction Against Bank Extended
Jamaica's High Court Judge Roy Jones has extended the injunction 
alternative investment scheme Olint Limited secured to block the 
National Commercial Bank from closing its accounts, Radio 
Jamaica reports...
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PETROECUADOR: Says Oil Spill from Broken Pipeline Now Contained
Petroecuador's 160-man cleanup crew have contained the 4,000 
barrel oil spill caused when landslides hit a major pipeline...
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PETROLEOS DE VENEZUELA: Inks New Agreement with Eni
Petroleos de Venezuela SA has signed a new accord with Italian 
oil firm Eni...
Read More
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