SoftBank targets Latin America with additional $1 billion fund
SoftBank will target ecommerce, healthcare, fintech, mobility and insurance startups in the region...
Tag : Latin America
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...
Carmignac shifts US offshore and Latin America operations to Spain
The asset management firm’s decision was based on its organisational assessment...
Mexican fintechs are daring to take risks which the banks didn’t
Experts predict fintech volume in Mexico to reach $68 billion by 2022...
Petrobras’ equity value to increase by 45% by 2021
The Brazilian oil giant is planning to cut costs and divest its non-core assets...
Huawei pursues Latam expansion with Cloud debut in Brazil
Huawei’s new service will help Latin American companies to digitally transform...
America Movil to invest $7.8 bn in Brazil in three years
The company will invest to develop infrastructure, improve product offerings and also start provide cloud services...
Petrobras to become world’s largest oil producer by 2030
Currently, Petrobras is the third largest oil producer in the world with an output of 2.2 mn bpd...
Brazil oil auction fails to achieve the $26 billion target
Petrobras acquired 90% of the Buzios oil field, China’s CNOOC and CNODC acquired the other 10%...