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.
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.
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.
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.
LATAM Airlines has regained its position as the market leader in flights between Brazil and the United States, outpacing American Airlines and United Airlines.
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.
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.
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.
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.
In Ecuador, two taxi cooperatives and a cleaning service lead the Fairwork ranking of fair labor practices, surpassing recognized international digital platforms.
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.
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.
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.
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.
USAID will invest in Ecuador to empower 600 women through business training, focusing on vulnerable groups, including migrants, the LGBTI community and indigenous peoples.
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 showcased a wealth of social action and contributions throughout October, emphasizing corporate social responsibility (CSR) initiatives.
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.
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.
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.
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.