By Daina Beth Solomon MEXICO CITY (Reuters) – An upstart union supported by international activists on Thursday won an election to represent General Motors workers in central Mexico, opening the door to the prospect of bigger pay...
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Exclusive-Nubank sees Brazil downturn as a chance to grow faster -CEO
By Tatiana Bautzer and Carolina Mandl SAO PAULO (Reuters) – Brazil’s economic downturn may represent an opportunity for Latin America’s newest listed lender to gain market share aggressively despite the riskier...
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Volvo to invest $283 million in Brazil by 2025
SAO PAULO (Reuters) – Volvo’s Brazilian unit announced on Wednesday that it will invest 1.5 billion reais ($283.36 million) in the country by 2025, after reporting record truck sales last year. The figure will be directed...
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Analysis-Aeromexico may still hit bumps after bankruptcy exit
By Valentine Hilaire MEXICO CITY (Reuters) – Aeromexico looks set to emerge from bankruptcy within days, but analysts believe the Mexican airline faces stiff challenges taking on low-cost competitors like Volaris, now the...
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Santander lifts profits as it releases pandemic provisions
By Jesús Aguado MADRID (Reuters) -Spain’s Santander released 750 million euros ($846 million) in pandemic-related provisions in the fourth quarter, betting on an economic recovery in its main markets and helping boost net profit...
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Latam stocks outshine the world in January, Brazil in focus
NEW YORK (Reuters) – Latin American stocks outperformed their peers and the developed world in January and some regional currencies are among the strongest against the dollar so far in 2022, with some investors betting on more...
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