Latin Financial News

07.08 / 14:21

Citi Lowe's Reuters MercadoLibre country Latin LatAm's MercadoLibre reaches 5 million clients in insurance business

By Carolina Pulice

06.08 / 17:15

ETF Compilation Parke MSCI performer country Latin Emerging market stocks are having a moment as growth bets return

debt markets, bigger gains will come from stocks. The macro backdrop is also tilting in favor of developing nations. Emerging economies are expected to expand almost three percentage points quicker than advanced nations over the next three years, led by China, albeit at a slower pace, and India.

04.08 / 07:33

Citi Art Progressive Career awards Latin Trump Who is Gujarat-born American judge Moxila Upadhyaya who oversaw Donald Trump's arraignment and release on cognizance?

Donald Trump appeared before the court and pleaded not guilty to criminal charges related to his alleged involvement in attempting to overturn his 2020 election defeat. The arraignment took place in a federal court, where he was released on his own cognizance, as this marked his third arrest within the last four months, with cases filed against him in New York City and Florida.Indian-American Judge Moxila Upadhyaya Oversees the Arraignment The arraignment was presided over by Magistrate Moxila A. Upadhyaya, an Indian-American judge born in Gujarat.

03.08 / 18:57

Citi Tesla country social Latin open Auto parts maker Vimercati to open $200 million plant in Mexico, state governor says

By Brendan O'Boyle

03.08 / 18:01

COST country beautiful Latin ecommerce WTO Piyush Goyal cautions against 'game of dividing' by developed countries at WTO for favourable agreement on fisheries, ecommerce

World Trade Organization (WTO) early next year, commerce and industry minister Piyush Goyal cautioned emerging markets, developing countries and the least developed countries of the developed countries’ “game of dividing” them to get agreements on fisheries and e-commerce moratorium that address the needs of a few countries only. At the Confederation of Indian Industry’s (CII) India-Latin America & Caribbean (LAC) Region Conclave, he said that at the last WTO ministerial, many countries were trying to divide such countries through “small sops”.

03.08 / 18:01

UPS Target MET Cooper country Latin India and LAC can target $100 billion trade by 2027: External Affairs Minister Jaishankar

Jaishankar on Thursday said trade between India and the Latin America-Caribbean (LAC) region can be doubled to $100 billion by 2027 by furthering economic partnerships. Jaishankar, who was speaking at the inaugural session of the 9th CII India-LAC Conclave, said the four key pillars of cooperation between India and the LAC region could be supply chain diversification, resource partnerships, sharing of developmental experiences, and addressing global challenges.

03.08 / 16:11

FIVE Manufacturing Matrix country electronic Latin Infinix says looking to increase offerings in mid, mid-high price segments in Indiaa

PTI, he emphasised India's position being “right at the top" of the company's country matrix. Infinix, which operates in the sub- ₹15,000 segment, introduced gaming smartphones in the mid-premium segment at a price of ₹17,999 in India. “There is a noticeable absence of distinct offerings in terms of both design, innovation, and seamless experience in the smartphone gaming arena.

03.08 / 13:23

Instagram country beautiful social Latin Miss Venezuela Ariana Viera dies after car crash, beauty queen had posted own funeral video

Miss Venezuela title holder, died of injuries from a car accident in Florida in July, 2023. She was 26. Ariana Viera's mother Vivian Ochoa revealed to Telemundo31 that her daughter fell asleep while driving, as she was tired. Ironically, the beauty queen had earlier posted a video of her own funeral on her social media in May 2023. «Recording myself for my future funeral because it's always me who takes the videos no one takes them of me,» she had said in the caption of the Instagram video.

03.08 / 07:25

Digital Cooper Remark country Latin Supply chain resilience, resource partnerships key for India-Latin America relations: Jaishankar

New Delhi: Supply chain diversification and resource partnerships are key pillars driving intensified engagement between India and Latin America, said external affairs minister S Jaishankar. “The pandemic has shown that today there is an urgent global need for more resilience and reliability of supply chains, whether it is energy, whether it is food or whether it is even consumer security," Jaishankar said, speaking at the CII India-LAC Conclave. “The international economy today needs multiple and redundant sourcing, it needs more diversified production and that is something where there are new opportunities for us," he added.

02.08 / 18:11

Provident Target Assurant Metro Highways country Latin foreign Rites eyes ₹1,000 cr orders in Africa, foreign consulting

Railway engineering and consulting company Rites Ltd is close to signing international contracts to supply locomotives and wagons, even as it explores consulting services abroad, chairman and managing director Rahul Mithal said. The state-run company has emerged as the lowest-cost bidder for contracts worth Rs1,000 crore to supply locomotives and wagons to Zimbabwe and Mozambique, Mithal said in an interview.

01.08 / 17:09

Digital Platform country voice social Latin India advances digital push at global fora with eye on developing world

Mint has learnt. This would enable New Delhi to pitch its ‘India Stack’— digital solutions implemented at population-scale to deliver social benefits—to the developing world. New Delhi hopes that this in turn will make Indian platforms the benchmark for the global development of DPIs and cement its place as a key technology-partner amid a worldwide move toward digitalization.

01.08 / 13:05

COST UPS Reuters show country Latin Brazil's industrial output surprises with small rise in June

SAO PAULO (Reuters) — Industrial production in Brazil surprised economists with a small increase in June, but the positive figures are unlikely to prevent the central bank from kicking off a monetary easing cycle later this week.

31.07 / 17:21

Booking SUN Action RIG Eagle Latin Let us grapple with the complex morality of tech leaps

J Robert Oppenheimer’s life story is one for the movies. Oppenheimer was a brilliant, ambitious, driven, exacting, anxious and guilt-ridden chemist turned theoretical physicist. Dissatisfied with laboratory work in chemistry at Harvard University, Oppenheimer received his PhD in theoretical physics at Germany’s University of Gottingen.

31.07 / 14:09

UPS show performer electronic Latin reports Maruti Suzuki India reports strong Q1FY24 performance with impressive vehicle sales and record net profit

Maruti Suzuki India Limited showcase impressive growth and achievements in various areas. In the domestic market, passenger vehicle wholesales saw a significant 12.2% increase, outpacing the industry's growth rate. The company achieved a market share of approximately 20% in the SUV segment, supported by a robust product lineup.

31.07 / 07:55

UPS awards Nissan country Latin Planning to buy Nissan Magnite? You may have to wait for up to 5 weeks

Nissan Magnite SUV is offered in multiple trims. These include XE, XL, XV, Turbo, Premium, Premium Turbo (O), and Geza Edition. The SUV comes with two engine choices.

31.07 / 03:45

Digital Enterprise Latin Shipping giant CMA CGM paints gloomy outlook as profit plummets

shipping industry, with the world’s third-largest container line saying freight rates remain weak and a steep slump in US demand for goods out of China isn’t over. “The transport and logistics market remains depressed,” the French company controlled by billionaire Rodolphe Saade and his family said in an earnings statement Friday. Sluggish economic growth and persistent inflation is expected to weigh on consumer spending for the rest of the year, while deliveries of new vessels in the market could hurt rates.

30.07 / 19:37

UPS Manufacturing country Latin Bajaj Auto to set up first overseas manufacturing facility in Brazil

Bajaj Auto, India's largest exporter of motorcycles and three-wheelers, is setting up its first overseas manufacturing plant in Brazil through its wholly-owned subsidiary Bajaj Do Brasil. Executive director Rakesh Sharma said local presence in Brazil, Latin America's biggest two-wheeler market, will help Bajaj Auto gain insights into product development and customer behaviour and strengthen its presence in the region. Pune-based Bajaj Auto has presence in more than 90 countries, where it follows a distribution-led model — the company's distribution partners manage local operations, including assembly.

30.07 / 05:51

Citizens LGBT Racing Fighting Latin gay Historically Black fraternity drops Florida for convention because of DeSantis policies

The oldest historically Black collegiate fraternity in the U.S. says it is relocating a planned convention in two years from Florida because of what it described as Gov. Ron DeSantis’ administration’s “harmful, racist and insensitive” policies towards ...

29.07 / 09:15

Citi Digital Citizens CEO country voice Latin Crypto for biometrics? Privacy fears as Worldcoin scans Mexicans

crypto enthusiasts streamed into co-working spaces in Mexico City this week for the global launch of Worldcoin, hoping to have their irises scanned with a biometric verification device in exchange for cryptocurrency. Mexico City is one of 35 cities in 20 countries where Worldcoin — founded by Open AI CEO Sam Altman — is pushing its ambitious project to create a unique «digital passport» called World ID, which would help distinguish humans from bots online.

28.07 / 20:09

UPS Progressive country Latin Chinese yuan Bolivia challenges global dollar dominance with Chinese yuan, Russian rouble

LA PAZ (Reuters) — Bolivia's government is determined to curb dependence on the U.S. dollar for foreign trade, instead turning to the Chinese yuan, officials said, as Latin American support for alternative currencies grows.

28.07 / 13:33

UPS Manufacturing Align country cover electronic Latin Bolivia is the latest South American nation to use China's yuan for trade in challenge to the dollar

Bolivia is using the yuan to pay for imports and exports, becoming the latest country in South America to regularly use the Chinese currency in a small but growing challenge to the hegemony of the U.S. dollar

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