EconomyFeaturedChile passes economic relief bill to help citizens weather Covid-19 stormAshwini sekarApril 7, 2021 by Ashwini sekarApril 7, 2021 The aid package is expected to consist of $693 bonus for workers who have salaries up to $2,079 since 2019... Read more
FeaturedOil & GasPetrobras acquires BP’s stake in six offshore blocks in Foz do Amazonas BasinPritam BordoloiApril 7, 2021 by Pritam BordoloiApril 7, 2021 BP transferred its 30% stake in Petrobras... Read more
FeaturedHealthcareBiocon and Libbs Farmaceutica partners to launch generic drugsAshwini sekarMarch 30, 2021 by Ashwini sekarMarch 30, 2021 The partnership marks the entry of Biocon’s generic formulations into Latin America... Read more
FeaturedOil & GasPetroRio agrees to buy 28.6% stake in Total’s oilfield offshore BrazilWebAdminMarch 8, 2021 by WebAdminMarch 8, 2021 The Wahoo oilfield, located in the BM-C-20 block has a production capacity of over 140 mn barrels... Read more
FeaturedOil & GasMexico plans to revamp oil hedgePritam BordoloiFebruary 19, 2021February 19, 2021 by Pritam BordoloiFebruary 19, 2021February 19, 2021 The country is expected to foil oil market swings including speculations from others in the marketplace... Read more
BankingFeaturedGoogle, EIF to offer $75 mn funding for SMEs in LatamInternational Finance Business DeskFebruary 18, 2021February 19, 2021 by International Finance Business DeskFebruary 18, 2021February 19, 2021 The funds are a part of an $800 million initiative designed to cope the coronavirus pandemic... Read more
FeaturedTelecomAmerican Movil records 80% profit surge, to spin off mobile tower infrastructurePritam BordoloiFebruary 10, 2021 by Pritam BordoloiFebruary 10, 2021 American Movil’s base of postpaid subscribers recorded 1.3% y-o-y growth in the core Mexican market, while the prepaid base grew 1.1%... Read more
InterviewMagazineTelecomHow Latam is crushing limitsWebAdminJanuary 25, 2021January 29, 2021 by WebAdminJanuary 25, 2021January 29, 2021 An influx of investments in digital and high technology businesses is enhancing telecom and subsea cable developments... Read more
Asset ManagementFeaturedLatam becomes a key focus for BNP Paribas, Credit SuisseWebAdminDecember 24, 2020December 24, 2020 by WebAdminDecember 24, 2020December 24, 2020 The asset management companies are considering to increase their regional presence through various implementations... Read more
FeaturedOil & Gas3R to acquire onshore oilfields from Petrobras for $250 mnPritam BordoloiDecember 21, 2020 by Pritam BordoloiDecember 21, 2020 Oil production at the fields was 2,145 bpd in November... Read more