MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador confirmed on Thursday the nomination of Bank of Mexico Deputy…
Bigger loans help Brazil bank Itau’s earnings outclass peers
SAO PAULO (Reuters) -Latin America’s biggest bank Itau Unibanco SA on Thursday posted a recurring net profit rise of 19%,…
Brazil’s Rumo profit soars on higher volumes, tariffs
SAO PAULO (Reuters) – Brazilian railroad operator Rumo SA reported on Thursday a six-fold jump in third-quarter profit, benefiting mainly…
Peru’s central bank raises benchmark interest rate to 7.25%
LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate by 25 basis points to 7.25% on Thursday, as…
Brazil’s Magazine Luiza swings to loss, hit by higher borrowing costs
SAO PAULO (Reuters) – Brazilian retailer Magazine Luiza SA reported on Thursday an adjusted net loss of 146 million reais…
Lula’s honeymoon with Brazil markets ends amid spending plan fears
By Lisandra Paraguassu and Gabriel Stargardter BRASILIA (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets…
Bahamas securities regulators freeze assets of FTX’s unit
(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a…
Mercedes F1 team evaluating FTX sponsorship, branding stays for now
SAO PAULO (Reuters) – The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency…
Chile central bank likely to start easing cycle in April – JPMorgan
NEW YORK (Reuters) – The Chilean central bank will likely begin its easing cycle in April as inflation begins to…
Mexico president talks up strong peso, warns of high interest rates
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Thursday said the Mexican peso’s strength is good for the…