Alejandro Angeles (EN)
News Director/Latam
English
Mexican Hotel Chain Eyes Expansion Into Caribbean as Travel Industry Recovers
With $1.5 billion to invest, Mexico’s Grupo Posadas will open five properties in the Dominican Republic and is exploring other Caribbean islands, its CEO tells Bloomberg Línea
English
Four Facts to Celebrate Tequila Day In the US
Enjoyed straight or as a margarita, the Mexican spirit is among the favorite tipples of US consumers
English
Soho House, a Private Members’ Club, Turns Its Focus to Mexico and Brazil
A branch of the exclusive members’ club will open in Mexico City this year, and which plans to also open in Brazil, as it begins its quest to attract clients who are not lacking venues for meeting and socializing
Linea Latina
Latinos Ready to Exert Influence, Reap Rewards of Economic Clout in US, Business Leaders Say
GenZ Latinas on TikTok symbolize the latest proof of the growing presence and influence of Latino culture in the world's largest economy, according to a report commissioned by the US Hispanic Chamber of Commerce
English
Nearshoring Will Bear Fruit In 2 Years, Mexican Logistics Firm Traxión’s CEO Says
According to the CEO of Mexico’s largest logistics company, the relocation of production chains already represents 70% of the company’s business, which invoices more than $1.1 billion annually
English
Latino Presence in Netflix Star Roles Remains Scarce: Study
Other minorities underrepresented in major roles on Netflix include people with disabilities
English
Starship Explosion: Musk’s Rocket Is the One Swallow that Doesn’t Make a Summer
The rocket, which exploded four minutes after launch on Thursday, will serve to provide SpaceX with data and provide lessons for the billionaire’s space endeavors
Linea Latina
Bad Bunny Helps Drive Revenue of Latin Music in the US to $1.1 Billion in 2022
According to the RIAA, Latin music grew 24% last year, faster than the broader industry
English
BlackRock Names New Latin America Head
Aitor Jáuregui, formerly BlackRock’s manager for Spain, Andorra and Portugal, will assume the leadership of the fund’s operations in the region
Tech & Funding
Top Tech & Funding Stories of 2022
After a 2021 with record numbers in venture capital funding, 2022 has brought maturity in the type of investments and more restraint in the amount of seed and rounds funding for startups.
Linea Latina
The News That Moved the Latino Communities in 2022
As the year comes to a close, here are some of the top stories we had about the successes, challenges and difficulties Latinos face everyday
Tech & Funding
Elon Musk Drives Away Advertisers Who Spend US$2 Billion on Twitter
At least 50 of Twitter's top 100 clients have stopped buying advertising on the social network since Musk acquired the company
Linea Latina
Latino, Black Entrepreneurs Grow in US but Lack Access to Business Connections: Report
EY survey reveals that Latino and Black business owners in US do not enjoy the 'networking effect' enjoyed by entrepreneurs from other groups
Linea Latina
Millennials Among the Most Excited in US for 2022 World Cup
Overall, 3 in 5 Americans plan to watch World Cup matches, a Morning Consult survey finds
Linea Latina
Latino-Owned Businesses in US Still Face Inequalities, Limited Access to Capital
The US has reached a point where there’s an increasing understanding of the Latino market and the Latino entrepreneurial spirit, according to a report by the Aspen Institute Latinos and Society Program
Linea Latina
Latino Representatives Seen Achieving Record Presence in US Congress
Tuesday’s midterm elections in the US could slightly increase the representation of the Latino community in the House of Representatives
Linea Latina
4 Points Highlighting the Impact of the Fed Hikes on US Latino Households
The Biden Administration says recent increases in the Fed's rates will help the US curb inflation and avoid a recession; still, Latino households could resent higher prices, fewer credits, and fewer jobs
News in English
Is Crypto Really Seducing Latinos in the US?
Some surveys affirm Latinos are among the top investors in crypto and among the main holders of Bitcoins; others say they rarely touch that stuff
Linea Latina
The Latino Wealth Paradox: Latinos Are Richer, but They Invest Less
Latinos and Hispanics in the US are among those who have shown the most progress in the number of millionaires in the country, but they are also among those who invest the least in equity
English version
10 Facts Highlighting the Economic Weight of Latinos in the US
Where would US Latinos rank in terms of GDP if they represented only one country? How many jobs do they generate? How much and how do they consume?
English version
US Regulators Halt Crypto Firm for a Ponzi Scheme Targeting Latino Investors
CryptoFX, a Texas-based company, operated a Ponzi scheme that netted $12 million from thousands of investors, SEC says
Tech & Funding
Job Losses at Kavak Point to a Bumpy Road Ahead
According to testimonies compiled by Bloomberg Línea, at least 50 people have lost their jobs at the Mexican startup, but the company has declined to comment
English version
SoftBank Maintains Mission to Transform Latin America
Juan Franck, a managing partner of the SoftBank Latin America Fund portfolio, says one of the fund’s goals is financing companies that transform people’s lives
News in English
Starbucks Opens Its 1,500th Branch In LatAm, In ‘Key Coffee Supplier’ Guatemala’s Antigua
Michael Conway, the coffee shop chain’s international development manager, tells Bloomberg Línea about the importance of offering locally grown coffee in the 12 branches already open in the country
Cripto
Ex-WeWork e bilionário veem Bitcoin como melhor forma de manter riqueza
Marcelo Claure e Ricardo Salinas Pliego admitem ser entusiastas das criptomoedas
News in English
For Marcelo Claure and Ricardo Salinas, Bitcoin Is the Best Way To Maintain Their Wealth
The ex-CEO of SoftBank International and Ricardo Salinas Pliego count themselves among the greatest believers in cryptocurrencies
English version
Incode Raises a $220M Series B Led by General Atlantic and SoftBank to Become a Unicorn
The artificial intelligence startup also got funding from JP Morgan, Capital One, and Coinbase. Incode now has a value of $1,250 million.