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Zubale

Zubale's Bold Expansion: Revolutionizing E-commerce in Latin America

Zubale, a dynamic e-commerce startup, announces a $25 million investment to propel its expansion in Brazil and Mexico, redefining retail logistics and customer engagement.

Porter Airplane

Embraer Soars with Porter Airlines' $2.1 Billion Jet Order

Embraer secures a $2.1 billion deal with Porter Airlines, enhancing its footprint in the North American aviation market with an additional order of 25 E195-E2 aircraft.

glass of rum

Cuba's Rum Industry Faces Crisis Amid Sugar Shortage

Cuba's iconic rum production is under threat as the country's sugar output hits record lows, impacted by a severe economic crisis affecting essential agricultural supplies.

Airplane Latam Airlines

LATAM Airlines Soars to the Top on Brazil-U.S. Routes

LATAM Airlines has regained its position as the market leader in flights between Brazil and the United States, outpacing American Airlines and United Airlines.

Panama Copper

Uncharted Waters: Blockades Disrupt Operations at Canada's Cobre Panama Copper Mine

In the heart of Panama, a major copper mine managed by Canada's First Quantum Minerals faces unprecedented disruptions as protesters block key ports, impeding the crucial flow of supplies and casting a shadow over the nation's mining industry.

Diageo's Long-Term Growth Strategy: Navigating Latin American Challenges

In the ever-evolving world of spirits and beverages, Diageo, one of the giants in the industry, faces a set of unique challenges. The Latin American market, in particular, has recently posed some hurdles, leading to a surprise profits warning and a subsequent drop in Diageo's share price. However, as CEO Deirdre Mahlan Crew reassures, the situation in Latin America does not indicate anything different from the company's long-term prospects.

Employees checking inventory

The Logistics Sector Has Learned Nothing from COVID

Guillermo Belcastro, CEO of Hutchison Ports BEST at the Port of Barcelona, has issued a stark warning about the state of the logistics sector, asserting that it has failed to learn from the disruptions caused by the COVID-19 pandemic. 

Ministry of Development, Industry, Commerce u0026 Services, Marcio Elias Rosa

Impact of Brazil's WTO Entry on Local Aerospace Industry

Brazil's recent inclusion in the World Trade Organization's civil aircraft trade agreement has significant implications for the aerospace industry, particularly for planemaker Embraer and the country's economic prospects.

Taxi light signal

Two Local Taxi Applications Lead Fair Work on Digital Platforms in Ecuador

In Ecuador, two taxi cooperatives and a cleaning service lead the Fairwork ranking of fair labor practices, surpassing recognized international digital platforms.

Protests in Sao Paulo at the headquarters of the Enel company

The City of São Paulo Asks the Electricity Regulator to Cancel the Contract with Enel

São Paulo Mayor Ricardo Nunes is asking Brazil's electricity regulator to revoke Enel's concession contract, citing repeated power outages affecting the city, including recent storm-induced blackouts.

Andrés Manuel López Obrador

Starlink Lands Major Internet Contract in Mexico

Elon Musk's Starlink secures an $89.80 million contract to provide free internet in Mexico, marking a significant expansion of its global satellite internet services.

The Body Shop

Natura Sells The Body Shop to Aurelius Group for Debt Reduction

Brazilian cosmetics giant Natura confirms the sale of The Body Shop to Aurelius Group for £207 million, marking its second major asset sale this year.

fleet car

Fleet Management Drives Brazilian Localiza's Profit Surge

Localiza, Brazil's prominent car rental firm, reports a 56.9% surge in third-quarter profit, buoyed by robust growth in its fleet management business.

Samantha Power and Guillermo Lasso

US Agency will invest two million dollars in a project for women in Ecuador

USAID will invest in Ecuador to empower 600 women through business training, focusing on vulnerable groups, including migrants, the LGBTI community and indigenous peoples.

Cars sit on a lot at a Tesla showroom.

Tesla Charges into Chile: Expanding South American Footprint

Tesla, the electric vehicle giant, is setting up shop in Chile with an eye on South America's burgeoning green energy market and vast lithium reserves.

BDSwiss

A Month of Purpose - BDSwiss' Focus on Corporate Social Responsibility (CSR)

BDSwiss showcased a wealth of social action and contributions throughout October, emphasizing corporate social responsibility (CSR) initiatives. 

Luiz Inácio Lula da Silva

Brazil bets on foreign investments for a sustainable future in Latin America

Brazil, the main destination for foreign investments in Latin America, reinforced its portfolio of projects aimed at a sustainable future. He highlighted the energy transition and the development of the Amazon as crucial objectives at the Brazil Investment Forum (BIF), the region's largest event to attract foreign investments.

Opioids

Puerto Rican Betances Pharma Distributor Fined $12M for Opioid Lapses

Drogueria Betances, a major pharmaceutical distributor in Puerto Rico, faces a $12 million fine for failing to report suspicious opioid orders amidst a surge in related overdoses on the island. The U.S. Justice Department's order also mandates comprehensive improvements to the company's substance monitoring and reporting systems.

Informal sellers

Venezuela, With Restrictions to Expand its Economy Even Without Sanctions

Despite the partial lifting of US sanctions on Venezuela, experts maintain that critical domestic issues such as infrastructure, public services, security, and human capital limit the nation's potential for economic expansion, even in a sanctions-free environment.

Prisa Group's

Prisa Group's Financial Struggles: Reflecting the Economic Challenges in Latin America

The Prisa Group, a major player in the communication sector with significant stakes in Latin America, has reported a 30.4% increase in losses in the first nine months of the year, amounting to 36.7 million euros. This decline, primarily attributed to rising interest rates, highlights not only the company's challenges but also reflects broader economic and sectoral uncertainties in the region.