Vivendi to sell GVT to Telefónica

French group now focused on media and entertainment

Vivendi seals deal with Telefónica on GVT

Spanish group set to become dominant telecoms operator in Brazil

Rite Aid cuts profit forecast

Shares fall 19 per cent after warning

Lozoya drags Mexico’s Pemex from its solitude

Mexico’s oil monopoly must behave like a private company, says turnround champion

Venezuela: Whose default is it?

Is a sovereign default looming?

Pemex to spend $5.5bn on upgrades

Emilio Lozoya says Mexico’s energy reforms are bearing fruit

BES made secret loans to top shareholder

Questions raised over Bank of Portugal’s supervision

América Móvil eyes Telecom Italia unit

Latin American mobile operators consider joint bid

Trump-linked group files for bankruptcy

Donald Trump owns 10% of the casino business

Fyffes and Chiquita delay votes on merger

Banana deal under pressure from competing Brazilian offer

Mexico plans Foster-designed $9bn airport

Hub will have six runways and capacity for 120m travellers

Peña Nieto pushes on with change

Leader promises a Mexico ‘on the move’ despite growing scepticism

Cantor receives $3.4m for joining Moelis

Ex-Republican leader to take seat on boutique bank’s board

Week in Review, August 30

Burger King, Shell, RBS and Brazilian telecoms also in the news

Vivendi chooses Telefónica for GVT unit

French group selects Spanish operator over Telecom Italia

Brazil park service provider lures Advent

US private equity group taps growing Brazil tourism industry

Tim Hortons’ Canadian roots run deep

Beloved chain reassures anxious nation over Burger King takeover

Rivals raise the heat in Brazil telecoms

Oi eyes Telecom Italia’s $8bn stake in Tim Brasil

Peru to be world’s second biggest in copper

Pipeline of Chinese projects now worth $20bn, officials say

Antofagasta to split top jobs

Luksic steps back from day-to-day operations

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