SAO PAULO (Reuters) – LATAM Airlines widened its advantage last year as the market leader among companies flying domestically and internationally in Brazil, data from Brazilian regulator Anac showed on…
SAO PAULO (Reuters) – Latin American startups raised $3.1 billion in venture capital investments in 2023, their worst performance since 2018, according to data released by Brazilian market tracking platform…
(Reuters) – Auna, a healthcare provider operating in three Latin American countries, filed for an initial public offering (IPO) on the New York Stock Exchange on Tuesday. The company, founded…
By Gabriel Araujo SAO PAULO (Reuters) – Italy’s exports to Latin America’s largest economies are expected to grow by about 5% in 2024 even as it pushes for a landmark…
By Gabriel Araujo SAO PAULO (Reuters) – LATAM Airlines was the market share leader among companies flying between Brazil and the U.S. in the quarter ended in October after resuming…
NEW YORK (Reuters) – Money shipped to Latin America and the Caribbean as remittances could hit a record $156 billion this year, a 9.5% jump from the previous record, according…
(Reuters) – The International Monetary Fund raised its 2023 output growth estimate for Latin America and the Caribbean to 2.3% from July’s 1.9% due to faster expected growth in Brazil…
MEXICO CITY (Reuters) – Mexico’s national migration institute (INM) on Friday said it has asked the foreign ministry to make diplomatic arrangements with Brazil, Colombia, Cuba, Nicaragua and Venezuela for…
NEW YORK (Reuters) – Two-thirds of Latin American startups have laid off staff over the last 18 months, as venture capital funding fell sharply in the region, according to “Latin…
MEXICO CITY (Reuters) – The former chief executive of SoftBank Group International, Marcelo Claure, on Wednesday launched a fund focused on Latin America with initial commitments of around $440 million.…
By Kylie Madry MEXICO CITY (Reuters) – Latin American property technology startup Tuhabi is set to receive a $50 million credit line from the Inter-American Development Bank’s (IDB) financing arm,…
(Reuters) – LATAM Airlines reported a first-quarter net profit of $121.8 million, the company said on Wednesday, reversing a net loss of $380 million in the year-ago period. The airline,…
By Dave Sherwood HAVANA (Reuters) – Russian Foreign Minister Sergei Lavrov met on Thursday with Cuban President Miguel Diaz-Canel and Foreign Minister Bruno Rodriguez in Havana, the latest in a…
By Rodrigo Viga Gaier and Gabriel Araujo RIO DE JANEIRO (Reuters) – Sweden’s Saab AB is looking to boost sales of its Gripen fighter in Latin America, eyeing potential purchases…
NEW YORK (Reuters) – Near-shoring and the green economy offer opportunities to Latin America and the Caribbean (LAC) that the region should seize, as current estimated economic growth won’t be…
By Milagro Vallecillos PANAMA CITY (Reuters) – Latin America could see zero economic growth this year if the banking crisis in the U.S. and Europe “spreads across the world,” Inter-American…
MEXICO CITY (Reuters) – Cutting trade tariffs will be under discussion when roughly a dozen leaders from Latin America and the Caribbean meet virtually next month to forge a plan…
LONDON (Reuters) – The collapse of Silicon Valley Bank last week and the turmoil around Credit Suisse do not pose a direct threat to Latin America’s financial system, S&P Global…
By Isabel Woodford MEXICO CITY (Reuters) – Latin American central banks have dashed hopes that they will back off sky-high benchmark interest rates, amid stubbornly high inflation, expected further tightening…
DAVOS, Switzerland (Reuters) – Colombia is looking to supplement a global deal setting minimum tax levels for multinationals with an additional accord among its fellow Latin American countries, finance minister…
SANTIAGO (Reuters) – The social and economic impacts of the coronavirus pandemic persist in Latin America and the Caribbean, as a “silent crisis” in the education sector puts an entire…
By Promit Mukherjee and Joe Bavier JOHANNESBURG (Reuters) – Volkswagen’s South Africa unit aims to develop new markets for its petrol and diesel cars in Asia and Latin America, its…
By Alexander Villegas and Natalia A. Ramos Miranda SANTIAGO (Reuters) – The largest pilots union of Latam Airlines in Chile voted to strike on Wednesday, a day before the company…
By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund will continue to be supportive of progressive tax reforms in Latin America and the Caribbean while fiscal and monetary…
SANTIAGO (Reuters) – LATAM Airlines, the biggest carrier in Latin America, said it plans to conclude its exit from bankruptcy on Nov. 3. “This process will allow the group to…