Infraestructura Energetica Nova SAB, the Mexican unit of Sempra Energy, has doubled since the company went public last year. Credit Suisse says the stock remains cheap with the company poised to supply pipelines as the country’s energy industry opens to foreign investment.
Senators in both parties said they are close to an agreement to authorize U.S. highway and mass transit projects for as many as six years, seeking to prevent funds from running out during the mid-year construction season.
The world’s biggest copper miners are urging Chile not to squander its mineral potential amid mounting environmental opposition, power shortages and rising labor costs and taxes in Latin America’s wealthiest economy.
Former Internal Revenue Service official Lois Lerner engaged in an “aggressive and improper pursuit” of Crossroads Grassroots Policy Strategies, a nonprofit political group advised by Republican Karl Rove, according to the House Ways and Means Committee.
Chilean President Michelle Bachelet sent her flagship tax bill to Congress less than a month after taking office, saying it would aid sustainable and equitable growth in Latin America’s wealthiest nation.
Planned tax changes in Angola, Africa’s second-largest oil producer, are hindered by inaccurate budget targets and perceptions the measures will hurt the economy, the Christian Michelsen Institute said.