BOGOTA (Reuters) -Colombian state oil company Ecopetrol on Tuesday reported its third-quarter net profit more than doubled to 9.51 trillion…
Argentina’s reserves under pressure again after soy export bonanza ends
By Jorge Otaola BUENOS AIRES (Reuters) – The Argentine central bank’s already depleted reserves are coming under renewed pressure, as…
Petroecuador advancing in tender to appoint auditor
By Alexandra Valencia QUITO (Reuters) – Petroecuador, Ecuador’s state-owned oil company, on Tuesday said it is looking to appoint an…
Peru cuts growth forecast due to global slowdown, political delays
LIMA (Reuters) – Peru’s government cut its economic growth forecast for this year to between 2.7% and 3% on Tuesday,…
Chile inflation slows to 8-month low in positive surprise
By Fabian Cambero SANTIAGO (Reuters) – Chile’s inflation in October slowed to its lowest level in eight months, official data…
Chile’s Falabella posts Q3 net loss of $26 million
(Reuters) – Chilean retailer Falabella on Tuesday reported a third-quarter net loss of 24.87 billion pesos ($25.7 million), down from…
Brazilian broker XP’s profit gains from higher client assets
(Reuters) – XP Inc posted a jump in third-quarter profit on Tuesday, as client assets at the Brazilian broker accelerated…
Brazil’s auto production down slightly in October
SAO PAULO (Reuters) – Brazil’s auto industry production fell 0.8% in October from the previous month, totaling 206,000 units, data…
Brazil central bank has to work on reducing 2024 inflation expectations, says director
BRASILIA (Reuters) – Brazil’s central bank Monetary Policy Director Bruno Serra said on Tuesday that policymakers “have to work” to…
Factbox-Carrefour’s plan to accelerate its turnaround
PARIS (Reuters) – Carrefour unveiled plans on Tuesday to step up expansion in e-commerce, open more discount stores and cut…