By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank is not looking to change inflation targets, Governor Roberto Campos Neto…
Brazil’s Carrefour Brasil posts 28% drop in Q4 adjusted net profit
SAO PAULO (Reuters) – Carrefour Brasil reported on Monday its fourth-quarter adjusted net profit decreased 28.2% from a year earlier…
Argentina inflation hopes already look hard to reach, poll shows
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s aim to bring monthly inflation down to under 4% by April seems…
Mexico’s Cemex posts surprise quarterly loss; shares drop
By Kylie Madry and Noe Torres MEXICO CITY (Reuters) – Mexican cement producer Cemex posted an unexpected fourth-quarter loss on…
BTG Pactual joins Brazilian lenders hit by post-Americanas provisions
By Gabriel Araujo SAO PAULO (Reuters) – Banco BTG Pactual SA on Monday became the latest Brazilian lender to be…
Venezuelans say credit cards that were once lifeline now ‘useless’
By Mayela Armas CARACAS (Reuters) – Credit cards are becoming increasingly useless in Venezuela because of high inflation and government…
Colombian airline Viva Air weighs local restructuring process
BOGOTA (Reuters) – Low-cost Colombian airline Viva Air has voluntarily started a local debt restructuring process, the company said late…
IMF says El Salvador’s bitcoin risks have not materialized but ‘should be addressed’
By Brendan O’Boyle (Reuters) – Risks over El Salvador’s embrace of bitcoin “have not materialized,” but use of the cryptocurrency…
New U.S. agriculture trade chief seeks to diversify buyers beyond China
By David Lawder WASHINGTON (Reuters) – U.S. chief agricultural trade negotiator Doug McKalip wants China to keep striving to meet…
North American companies notch another record year for robot orders
By Timothy Aeppel (Reuters) – North American companies struggling to hire workers in the tightest labor market in decades brought…