Latam’s fintech sector is booming this year
In February, Chilean startup Global66 received $3.25 mn from UK investor Venrex to further expand across Latam...
Tag : Latin America
Grenergy Renovables plans to build four B20 plants in Latin America
Grenergy Renovables is a Spanish Independent Power Producer that develops renewable energy plants on a large scale...
Latam oil and gas firms to see profit decline in 2020
Last month, brent crude futures dived 25% marking their lowest record over two decades...
DP World and Mastercard join hands to digitalise port payments
The partnership will help cargo owners and SMEs pay for their freight-related costs digitally...
Colombian airlines Avianca files for bankruptcy
More than 80% of Avianca's income has been affected by the pandemic...
Petrobras sets record by exporting 1 mn bpd of oil in April
Since Brazil isn’t part of the OPEC+, it has not pledged to cut supply to stabilize the market...
As global oil prices fall, Petrobras’ shares plunge
A possible price war could hinder Petrobras’ plan to sell around $30 bn of assets by 2024...
SoftBank targets Latin America with additional $1 billion fund
SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region...
Petrobras and Chevron to sell 100% stake in the Papa-Terra oilfield
Petrobras owns 62.5% of the oilfield and Chevron holds the remain 37.5%...
Petrobras hires 7 banks to sell stakes in fuel distribution unit
Morgan Stanley, JPMorgan Chase and Goldman Sachs are among the banks hired for the stake sale in Petrobras Distribuidora...