Australia hails plain packaging on tobacco

Measure meets health aims and deters young from smoking, says review

AB InBev profits disappoint due to Brazil

Brewer still on track to close SABMiller deal this year

Petrobras sells more than $1.3bn in assets

Scandal-hit Brazil oil group offloads assets in Argentina and Chile

China Moly hunts more mine acquisitions

Chinese miner has $4bn war chest as it calls bottom of mining cycle

Venezuelans add beer to list of privations

The socialist government has starved the private sector

MSCI Peru ruling threatens Frontier index

Fears the move would drive foreign investment away from $67bn bourse

Santander/Brazil: not so nuts

The Spanish bank is making solid returns in a struggling economy

Credit Suisse poaches UBS wealth team in Mexico

Swiss bank boosts its Mexico relationship manager division

Offshore rig operators reel from oil rout

Seadrill, Ensco and others report losses as producers curtail costly projects

Mexico tax leaves tequila makers reeling

Drinks groups say end to levies based on price will cheer consumers, producers and government

Chile: Turning copper into wine

The commodity-dependent nation’s wine exporters have their sights on China’s casual drinkers

Venezuela faces oil production disruption

Unplanned production outages pick up among Opec members with oil prices around $40 a barrel

Investment in Panama: not all about secrecy

Winners and losers amid the oil crash

Airlines are beneficiaries of cheap fuel but consumer goods groups are not getting a big boost

Antofagasta promotes Arriagada to chief

Hernández steps down with immediate effect but will remain as an adviser to the board

Ford Mexico move risks election backlash

US carmaker to invest $1.6bn in factory south of the border

Portland, Oregon

Culture behind craft beer and coffee roasters nurtured tech too

Brazil’s elite shaken by Safra charges

Billionaire banker denies allegations of bribes to cut tax bill

Brazil charges Safra with corruption

Banker and owner of London’s ‘Gherkin’ denies bribery allegations

China groups seal record M&A deals

Buyers behind $101bn of takeovers in first quarter

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