By Katie Paul (Reuters) – Meta Platforms said on Thursday its WhatsApp messaging service will introduce a commercial directory and…
GM aims to lower EV battery cost, locks up supply deal with Vale
By Ernest Scheyder and Paul Lienert (Reuters) – General Motors Co aims to slash the cost of electric vehicle battery…
Mexico keeps IMF credit line, to maintain access to around $47 billion
MEXICO CITY (Reuters) -The International Monetary Fund (IMF) concluded that Mexico still meets the eligibility criteria for a flexible credit…
Brazil’s government cuts 2023 GDP growth forecast as global economy weakens
BRASILIA (Reuters) – Brazil’s Economy Ministry on Thursday cut its 2023 GDP growth forecast to 2.1%, from the 2.5% anticipated…
Colombia finance minister opens door to international financing
BOGOTA (Reuters) – Colombia Finance Minister Jose Antonio Ocampo on Thursday opened the door to possible financing in international markets…
Exclusive-Mexico’s Pemex risks fines rather than fix violations -sources
By Stefanie Eschenbacher and Ana Isabel Martinez MEXICO CITY (Reuters) – Under pressure to increase production, Mexico’s state oil company…
Brazil crypto law back on agenda as FTX collapse sends shockwaves
By Isabel Woodford (Reuters) – Brazilian crypto advocates are urging lawmakers to give final approval on a bill aimed at…
Chile’s SQM profits jump more than ten-fold on lithium price surge
(Reuters) -Chilean miner SQM, the world’s second largest lithium producer, posted on Wednesday a ten-fold jump in third-quarter net profit,…
GM Mexico head sees country missing electric vehicle target for 2030
By Kylie Madry MONTERREY, Mexico (Reuters) – General Motors’ Mexico head Francisco Garza foresees just 15% of the vehicles produced…
Muddy Waters’ Block shorts payments firm dLocal; shares halve in value
By Nell Mackenzie (Reuters) -Hedge fund Muddy Waters is shorting Uruguay-based payment processing firm dLocal, the investment firm’s CEO and…