Latin Financial News

14.03 / 08:55
UPS SPY Trade President Latin politician The dwindling of the Panama Canal boosts rival trade routes
problems are geopolitical, those in Panama are climatic. The lakes that feed the canal are drying up, thanks to annual droughts that may be worsening as the climate warms. The series of locks connecting the Atlantic Ocean to the Pacific via Gatun Lake are close to the point of being too shallow to let the largest container ships through.
13.03 / 20:39
economy President poverty Latin shock Argentina inflation slows for a 2nd month as President Milei keeps pushing austerity measures
Argentina’s inflation slowed down for a second consecutive month in February, as right-wing President Javier Milei continues to push austerity and deregulation measures in an effort to revive the country’s struggling economy
13.03 / 01:15
UPS Citi economy Latin Destinations Retailer Walmex to invest around $2 billion in 2024
MEXICO CITY (Reuters) — Mexican retailer Walmex is set to invest around 34.5 billion pesos ($2.05 billion) in 2024, up 19% from previous year, according to a filing published on Tuesday.
10.03 / 04:21
UPS WhatsApp country Latin International UK is officially the world’s second-most miserable country; these were the happiest and unhappiest countries of 2023
The study uses a Mental Health Quotient (MHQ) to assess various aspects of mental health. Participants are categorized based on their scores, ranging from «thriving» to «distressed.» In the rankings for 2023, the Dominican Republic topped the list with the highest average MHQ (91), followed by Sri Lanka (89) and Tanzania (88). Conversely, Uzbekistan had the lowest average MHQ (48), with the UK following closely at 49.
09.03 / 08:45
Progressive Career CEO President Latin Profiles Pharmaceuticals Former Vice Chairman of Novartis India Ranjit Shahani passes away
CNBC-TV18. According to Shahani's LinkedIn profile, Ranjit Shahani is a mechanical engineer from the Indian Institute of Technology, Kanpur, and an MBA holder from the Jamnalal Bajaj Institute of Management Studies in Mumbai, served as the Managing Director and Vice Chairman at Novartis India Ltd. from 2001 to 2018.
07.03 / 13:03
UPS Citi JPMorgan Latin International Merrill Private Wealth Management chief to lead Citi Private Bank North America
Citibank has announced that one of it’s long-time employees and senior leaders is to retire after 22 years.
06.03 / 16:27
COST UPS Citi Platform Food Latin NOT Getting food delivered in New York is simple. For the workers who do it, getting paid is not
A wage law in New York City meant to protect food delivery workers is getting backlash from app companies like Uber, GrubHub and DoorDash
05.03 / 21:57
COST CEO wellness Inside Latin reports Retailer Cencosud posts profit down 42% on Argentine inflation, slow consumption
(Reuters) — Chile's Cencosud, one of Latin America's largest retailers, on Tuesday reported a 42% fall in fourth-quarter net profit, landing at 83.3 billion pesos ($94 million), while revenues shrunk 16% to 3.30 trillion pesos.
05.03 / 21:41
Platform WhatsApp Latin stars Features A Gentleman in Moscow: See what we know so far about release date, streaming platform, trailer, plot, cast, characters, production and crew
Ewan McGregor's portrayal of a Russian count, banished to a hotel attic, comes alive in the trailer for the upcoming series 'A Gentleman in Moscow.' The eight-part adaptation of Amor Towles' novel promises a captivating narrative set against the backdrop of Russian history. Trailer, Plot
04.03 / 04:35
markets Citi economy Trade Experts country Latin Latin America's largest lender Itau eyes a share of India's banking pie
NEW DELHI, MUMBAI : Latin America's largest lender Itau is looking to open a branch in India, two people aware of the development said. Representatives from Itaú Unibanco Holding SA's retail, wholesale and asset management divisions held preliminary talks with government officials in New Delhi and expressed their willingness to open shop in the country, the people cited above said on condition of anonymity. Foreign banks seeking to enter India need to secure approval from the Reserve Bank of India (RBI).
02.03 / 16:29
Citi singer Latin reports Colleges Relationships Why did Karol G’s private jet made emergency landing in LA? Singer shares horrific experience
Grammy-winning Latin artist Karol G faced a nerve-wracking situation as her private jet encountered smoke in the cockpit, leading to an emergency landing at Van Nuys Airport in Los Angeles on March 1. The incident, which occurred during her journey to Guatemala City for the Mañana Sera Bonito LATM Tour, sparked concerns about the singer's safety. However, Karol G promptly addressed the situation, reassuring fans through her social media platform.
02.03 / 06:27
FIVE Art performer country Latin reports Ultra HNIs set to grow 50% in five years: Report
India is expected to see 50% growth in ultra-high networth individuals (UHNIs) in next five years, said a new report on Wednesday.
27.02 / 20:15
UPS Latin America Crypto.com Bitcoin BTG Latin Crypto.com Partners With Latin America’s Largest Investment Banker To Advance Crypto Banking Services
Crypto exchange Crypto.com partnered with one of the largest banking institutions in Latin America, BTG Pactual, to promote crypto banking services within the region, according to a February 27 press release.
27.02 / 12:39
markets UPS economy wellness Latin International Scotiabank's loan-loss provisions rise more than expected as Canadian economy weakens
Bank of Nova Scotia missed analysts’ estimates for loan-loss provisions amid growing stress in consumer lending as the Canadian economy weakens as well as higher delinquencies among retail borrowers in its Latin American businesses.
25.02 / 19:21
Analysis WhatsApp Uncharted Latin Jewellery, auto exports tap Africa, C Asia
exports of goods like automobiles and gold jewellery have ventured into uncharted territories of Central Asia, Africa and Latin America, as per an analysis by the commerce ministry. The analysis has shown that India has penetrated into what are termed as «absolutely new markets» in regions such as Africa, Central Asia, Latin America and North America during April-December 2023. The «absolutely new markets» refer to areas where India did not see any export during April-December 2022, but healthy growth of certain principal commodities like motor vehicles, two- and three-wheelers, petroleum products, sugar, gold and other precious jewellery were recorded in April-December 2023.
23.02 / 00:33
markets COST Citi wellness trends Latin Tequila giant Becle's profit jumps despite slowing demand
MEXICO CITY (Reuters) -Mexican distiller Becle, the world's largest tequila producer, on Thursday posted a 41% rise in its net profit for the last three months of 2023 compared to a year earlier, even as sales slipped in key markets.
22.02 / 21:45
markets MET BLOCK Food country Latin Farmers from 10 EU countries join forces - and tractors - to protest agricultural policies
Czech farmers are driving their tractors and other vehicles to to several border crossings to join forces with their colleagues from neighboring countries in their protests against European Union agriculture policies, bureaucracy and overall conditions...
21.02 / 04:01
Citi Airlines Highways Southern President Latin Department Mexico's army takes over yet another civilian role — filling potholes
Mexico's president acknowledges the armed forces have taken over yet another civilian role: filling potholes on the nation's highways
18.02 / 18:27
markets pandemic Experts Universities Latin information Eruditus to deepen its India presence to grow
₹3,343 crore, from ₹1,962 crore a year earlier. “The number of Indians who want to learn or educate is less than 10% when it comes to 25-30 years of age and that’s still a drop in the ocean. So, in that sense, there is a much greater need and as traditional brick-and-mortar institutions would not be able to cater to it, we need partnerships.

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