MADRID (Reuters) – Santander said on Friday it would launch a tender offer for the 4% of shares in its…
Ralph Lauren accused of plagiarizing indigenous Mexican designs
MEXICO CITY (Reuters) -The wife of Mexico’s president on Thursday accused luxury American clothes brand Ralph Lauren of plagiarizing indigenous…
Peru calls for ‘urgent measures’ amid fear of losing investment grade
(Reuters) -Peru’s finance ministry on Thursday called for “urgent measures” after Fitch Ratings revised Peru’s credit rating outlook to negative…
Mexico’s Banorte updates guidance after Q3 profit jumps 30%
MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte on Thursday raised its forecast for its 2022 full-year net profit by around…
Brazil’s Assai posts 47.8% drop in Q3 net profit
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…