viernes, septiembre 20, 2019

Brazil’s Banco do Brasil approves plan to cut down on costs, personnel

Brazil state-controlled Banco do Brasil on Monday said it had approved a plan to “optimize” its workforce and cut down on “excess” at its bank units as it seeks to reduce...

Volatility Is Back in Argentina as Election Jitters Take Toll

Argentine markets had finally seemed to find their footing, stabilizing after months of turmoil had sent the peso tumbling and borrowing costs soaring. But the past few days show investor angst...

Claro Brasil FTTH coverage to reach 1.5m homes this year

America Movil (AM)-backed Claro Brasil expects to pass 1.5 million residences with its fibre-to-the-home (FTTH) network by the end of 2019, senior executives have confirmed. In a conference call with analysts...

Will we have in Colombian a Disneyland?

Por Lina Escobar In Cartagena there is a real estate fund searching for land in order to build in Colombia a Disneyland. One of the most optional lots is located at 17 minutes...

Peru economy expanded 0.63% in May

Peru's economy expanded by 0.63% in May year-on-year, helped by growth in the telecommunications sector and trade, data from state statistics agency INEI showed on Monday. The economy grew 2.60% in the...

Gran Colombia hikes 2019 production target

Colombia’s largest underground gold and silver producer, TSX-listed Gran Colombia, has increased its guidance for 2019 to between 225 000 oz and 240 000 oz. The new guidance compares with a previous...

Bids for Avianca Brasil Contingent on Slot Awards

No one bid for the loyalty program of Avianca Brasil during Wednesday’s auction for seven pieces of the bankrupt airline’s assets, and Latam and Gol made their bids—totaling $147.3 million for...

Oil Prices Rise 3% After Fourth Straight Decline in U.S. Inventories

Oil prices rose sharply as U.S. crude oil inventories fell for a fourth consecutive week. The Energy Information Administration said crude oil inventories plummeted by 9.50 million barrels in the week to July 5....

Bank of Canada holds interest rate, warns of drag from global trade tensions

The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with an expanding global slowdown caused by trade conflicts. The decision Wednesday kept...

Chile Copper production, exports decline in April

Chile's copper production reached 458500 tonnes in April, declined from 473400 tonnes a month earlier, according to latest data from Chile’s central bank. The country had produced 446,900 tonnes of copper in...