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Argentine Fintech N5, Founded By Former Santander Executive, Raises Series A Round
The fintech, founded by Julian Colombo, is already active in 15 countries and aims to close 2023 with a 60% increase in the size of its team
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Who Is Ernesto Torres Cantú, Citi’s New Head of International Banking?
Citi has announced significant changes to its organizational model that aim to align its management structure with its business strategy
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Colombia, Mexico Have Highest Employee Engagement In LatAm, Study Reveals
Remuneration and perks are determining factors for retaining talent, according to a study carried out by Betterfly and Criteria
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How Colombia Can Seize Opportunities as US Shifts Its Supply Chain Away from China
The US is looking to change its supply chain to lessen its dependency on China, and there are opportunities for Colombia to compete, according to government advisor Juan Verde
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Colombia Sees Foreign Investment, Exports Decline During First Half
The country received $9.56 billion in foreign direct investment in first half, a 4.7% drop compared with the same period of last year, while exports fell 12.6%
Brazil News
Latin America’s Internet Penetration Surpasses that of China
Penetration has reached 78% in the region, but data remains excessively costly for the 20% of the population on the lowest income, according to a report by Atlántico
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What Explains Brazil’s Surprising GDP Growth?
The country’s GDP grew by 0.9% in second quarter, and 3.2% in the 12 months to June, above market expectations. Bloomberg Línea consulted nine economists to explore the reasons why
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Brazil’s Embraer In Talks to Manufacture Regional Jets In India
The planemaker is in early discussions with potential partners to assemble its E2 regional aircraft and C-390 Millennium troop transporter in India, CEO Francisco Gomes Neto said in an interview in New Delhi
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How Can Colombia Attract More Investment to Its Capital Market?
A lack of local investment is one of the main problems, with more issuers needed to participate in the stock market, according to César Ferrari, head of the country’s financial regulatory body
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M&A Activity In Latin America Seen Picking Up In Second Half
Investors have had to adjust to new market conditions, and while new investments in the region are expected in second half, challenges remain
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Number of M&As In Latin America Falls By 20% In First Half
Venture capital outlays have reduced by 34% in volume to July, while Brazil remains the most active market, followed by Chile and Mexico
Otras noticias sobre Business
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Mexico Sees Tepid Rise In New Foreign Investments Despite Nearshoring Boom
Foreign direct investment into the country totaled $29 billion in first half, 6% up on H1 2022
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How Will China’s Slower Growth Affect Latin America?
The most recent international forecasts see China with stronger growth than last year in 2023, but there are also fears that growth expectations won’t be met
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Brazil, Mexico are the Latin American Countries Facing a More Complex M&A Outlook
Financing problems and political and economic uncertainty are impacting the two countries’ M&A market, but 2024 is seen as being a year of recovery
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What Are Latin American CEOs’ Biggest Concerns?
For 2023, productivity and profits are the main priorities among CEOs in the region, along with modernizing their businesses with technology and artificial intelligence, according to an IBM study
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Why Are There No Female CEOs Leading Large Latin American Companies?
According to the Inter-American Development Bank, women only occupy 15% of positions in Latin American boardrooms, and only 11% of companies have a woman as a leading director. Why is this so?
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‘Resourceful, Entrepreneurial’: The Anatomy of the Latin American CEO
Adecco describes the profile of the Latin American CEO as “an extremely resourceful professional,” given that market conditions are very different in the region compared to more developed countries
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Bloomberg Línea Presents Latin America’s Top CEOs: Who’s Who?
To make the selection of the top CEOs in Latin America, a wide range of companies was taken into consideration and factors such as return on investment and dividends
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Optimism of Better Times Prevails Among Venezuelan Businesses
Eduardo Fortuny, a speaker at a forum in Caracas on economic prospects for 2023, says optimism among business leaders is mainly focused on the second half of the year
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Nearshoring Rekindles Business Travel to Mexico
Business travel to the country doubled in 2022 compared with the previous year, although it still remains below pre-pandemic levels