Pro rata translates to “in proportion” in Latin. Each entity or individual is entitled to a share of a whole that’s equal to their ownership percentage. It’s a common concept in business ...

Chile's largest steel plant shut down last year, yielding to cheaper production in China. Its Huachipato steelworks, the ...

Latin American e-commerce company MercadoLibre plans to spend $2.6 billion in Argentina this year, the company said on ...