SAO PAULO (Reuters) – Brazilian cash-and-carry chain Assai reported a 47.8% decrease in third-quarter net profit, compared to the same…
Mexico refinancing debt to help next government, official says
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s finance ministry has been tasked with refinancing the…
FEMSA’s fintech arm eyes 10 million users in Mexico by 2023
By Valentine Hilaire MEXICO CITY (Reuters) – Spin by Oxxo, the financial technology initiative launched by Mexican bottler and retailer…
Mexico muddies waters on oil hedge to avoid cost hikes from Wall Street, oil majors
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico has been requesting prices for its oil hedging…
Whirlpool opens factory in Argentina with $52 million investment
By Eliana Raszewski BUENOS AIRES (Reuters) – Appliance maker Whirlpool Corp is set to inaugurate a new factory in Buenos…
Explainer-What is Indonesia’s proposed tin export ban about?
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesia, the world’s biggest exporter of refined tin, is planning to…
Factbox-Energy crisis revives coal demand and production
(Reuters) – High natural gas prices and global competition for the fuel have driven more demand for thermal coal for…
Cuba calls U.S. trade embargo a ‘hurricane’ that never ends
HAVANA (Reuters) – Cuba on Wednesday said the decades-old U.S. trade embargo has been causing record financial losses and untold…
Global coffee market favoring higher quality, not higher volumes
By Marcelo Teixeira NEW YORK (Reuters) – The global coffee market is going through a transformation trend that will involve…
Exclusive-U.S. says Russia oil price cap will not be aimed at OPEC
By Noah Browning and Dmitry Zhdannikov LONDON (Reuters) -New steps from Group of Seven countries to cap Russian oil sales…