News
Chile's Biggest Retailer Bets on Hard-Discount Stores
7+ hour, 9+ min ago (974+ words) The move: Cencosud, Chile's largest retailer, opened the first store of Don Salva, a new discount supermarket chain, on June 5. The format: Small stores of about 180 square metres offering permanently low prices on household essentials, with no bulk-buying required. The…...
JBS Q1 Profit Falls 55. 8% as US Beef Hits -3. 2% Margin
3+ week, 4+ day ago (1670+ words) JBS (B3: JBSS32 / NYSE: JBS), the world's largest meat processor, reported Q1 2026 net income of US$221 million on Tuesday May 12, down 55. 8 percent from US$513 million in Q1 2025, with revenue rising 11 percent year-on-year to a record-high US$21. 6 billion for a first quarter, according to the…...
Mercado Libre Pours $11 Billion Into Brazil in 2026
2+ mon, 1+ week ago (333+ words) The figure includes operating costs and expenses alongside capital expenditures. But even accounting for that blended methodology, the scale signals a company that views Brazil's e-commerce market " still only 1617% penetrated compared to over 30% in the United States and China " as…...
Brazil's Biggest Retailer Casas Mahia Joins Amazon Marketplace
2+ mon, 1+ week ago (351+ words) The partnership, disclosed to securities regulator CVM, puts thousands of Casas Bahia products " televisions, smartphones, computers, and its Bartira furniture line " onto Amazon's Brazilian marketplace immediately. Unlike third-party sellers, Casas Bahia retains full control over pricing, inventory selection, and customer…...
Latin America's A. I. Startups Go Global By Turning Scarcity Into An Advantage
4+ mon, 3+ week ago (972+ words) (Analysis) Latin America rarely gets cast as an AI producer. It is usually framed as a market that imports technology. That is why the current wave matters. Many of these companies are not copying the "latest model" race. They are…...
Latin America's Tech Hubs Are No Longer "Emerging" Markets. They Are Operating Systems
4+ mon, 3+ week ago (1534+ words) (Analysis) For years, Latin America's tech story was told as a promise. "Untapped markets," investors said. "Cheap outsourcing," multinationals replied. By the end of 2025, that framing stopped matching reality. The region now functions less like a bargain talent pool and…...
10 Key Cryptocurrency Developments (October 2025, 2025)
7+ mon, 1+ week ago (567+ words) The week of October 2025 marked a turning point for the global crypto sector. Enforcement actions worth tens of billions of dollars, renewed regulatory pushes from the G20, and a leadership transition at the U. S. Commodity Futures Trading Commission (CFTC) together reshaped the…...
Brazil's Renewable Glut Opens the Door to Crypto Mining Opportunities
8+ mon, 1+ week ago (369+ words) Brazil, long known for its vast hydroelectric dams and booming wind and solar parks, now faces a paradox: it produces more clean electricity than it can use. In some regions, up to 70 percent of renewable power goes to waste because…...
Invisible Armor: How Easy Care's PPF Shields Your Ride in Dubai
9+ mon, 1+ week ago (593+ words) (Sponsored) Cars in Dubai are not just a mode of transport. They are a reflection of style and class. Be it a sporty supercar or a high-end SUV, every car owner would love to maintain that showroom finish. But the…...
C6 Bank Breaks Profit Records as Brazil's Digital Finance Grows Up
9+ mon, 2+ week ago (365+ words) C6 Bank just showed the world that digital banking in Brazil isn't just hype. The bank, backed by JPMorgan Chase, earned R$1. 049 billion ($191 million) profit in the first half of 2025. That's up 8% from last year and gives C6 a return on equity…...