Vale Moves Ahead With $2.7 Billion Amazon Mining Expansion in Clean-Steel Bet
Vale SA is plowing ahead with a $2.7 billion investment to expand iron output in Brazil’s Amazon, betting
2023-05-19 21:47
New York Bills That Cap Key EM Debt Payouts Rile Pimco, Fidelity
Major investors from Pacific Investment Management Co. to Fidelity Investments are pushing back against New York bills that
2023-05-19 04:53
Mexico Halts Steepest-Ever Series of Interest Rate Hikes as Inflation Slows
Mexico halted its steepest-ever series of interest rate rises and promised to keep them stable for an extended
2023-05-19 03:15
Petrobras Eases Fears of Fuel Intervention in Policy Shift
Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President
2023-05-17 06:28
Ecuador Lawmakers Open Impeachment Trial of President Lasso
Ecuador’s opposition-dominated National Assembly opened an impeachment trial against President Guillermo Lasso in its second attempt to oust
2023-05-17 06:24
Uruguay Leaves Key Interest Rate at 11.25% Following April Cut
Uruguay’s central bank kept its benchmark interest rate unchanged at 11.25%, saying that monetary policy remains contractive with
2023-05-17 05:28
Pemex in Talks to Pay KKR $320 Million for Fuel-Import Terminal
Petroleos Mexicanos is in advanced talks to buy KKR & Co.’s Monterra Energy fuel-storage terminal in Tuxpan, Veracruz,
2023-05-16 03:58
Argentina to Boost Rates by 600 Basis Points as Inflation Soars
Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points
2023-05-14 22:21
Colombia’s Avianca Abandons Integration Plan With Viva Air
Avianca Holdings SA, Colombia’s largest airline, said it won’t continue its integration plan with low-cost carrier Viva Air
2023-05-14 01:56
Brazil Debt Is the Source of High Rates, Central Bank Chief Says
Brazil’s central bank chief said high levels of public debt are to blame for interest rates steady at
2023-05-14 00:24
Petro Says Colombia Must Respond to High Rates With Tariffs
Colombian President Gustavo Petro urged commercial banks to cut interest rates on loans and added that central bank
2023-05-13 10:25
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:18