NNPC Profit Falls 35% to About US$1.7 Billion in First Half
NNPC profit fell 35.4% to N2.28 trillion, about US$1.7 billion, in the first half of 2026, with Federation Account remittances...
August 4, 2026Section
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Colombia’s Ecopetrol Profit Soars 235% to US$1.88 Billion in Q2
Colombia's state oil company posted its highest quarterly profit in nearly four years as Brent averaged $96.70 in Q2 2026,...
August 4, 2026
Brazil Oil Output Hits Record 4.5 Million Barrels a Day in June, Up 19%
ANP data shows Brazil produced 4.475 million barrels of oil per day in June, an all-time high, with pre-salt fields...
August 4, 2026
Argentina’s YPF Executes Stock Split in Push for Global Top 20
Argentina's state oil company splits its shares 10-for-1 today, part of CEO Horacio Marín's plan to attract retail investors and...
August 4, 2026
Brazil Pension Scandal Hits Lula’s Inner Circle, Son Probed
Brazil's Federal Police request a third inquiry against Lula's eldest son as a suspected R$80,000 transfer from lobbyist Roberta Luchsinger...
August 4, 2026
US Outlines Phase Venezuela Plan as Oil Exports Drop 25%
The State Department reiterated confidence in the plan overseeing Delcy Rodríguez's interim government as Bloomberg and Reuters diverged sharply on...
August 4, 2026
Raízen US$12.1 Billion Restructuring Homologated as Shell Set to Take Control
A São Paulo court homologated Raízen's R$61.4 billion extrajudicial restructuring on July 30, converting 45% of debt into new shares...
August 4, 2026
China 8217 Huaxin Leads US$2.4B Bid for Brazil’s CSN Cimentos
Huaxin Cement's roughly R$12 billion bid tops rivals Votorantim and Sinoma for CSN's cement arm ahead of binding-offer deadline on...
August 4, 2026
Brazil’s Bradesco Launches US$2 Billion Capital Raise
Banco Bradesco's controlling shareholders backstop 80% of its R$10 billion capital raise as Goldman Sachs, Citi and BTG Pactual research...
August 4, 2026
Brazil’s Deficit Is Almost 10% of GDP. Nine-Tenths of It Is Interest.
Brazil ran a nominal deficit of 9.99% of GDP in the 12 months to June 2026. Interest was 8.80% of...
August 4, 2026
LatAm Pre-Open — Tuesday, August 4, 2026
Latin American markets steady before a critical Selic decision and PMIs. US tech-led rally lifts the global mood while a...
August 4, 2026
Latin American Pulse for Tuesday, August 4, 2026
Latin America: The continent feels the ground shift: Peru reels from a US tariff hammer, Mexico chases a fallen kingpin,...
August 4, 2026
Mexico Markets: IPC & the Peso — August 4, 2026
The S&P/BMV IPC fell 0.36% to 66,697 while the peso firmed slightly against a strong dollar, diverging from a tech-led...
August 4, 2026
Global Economy Briefing — August 4, 2026
Global economy: The S&P 500 closed at a record 7,600, up 1.48%, as the dollar firmed ahead of a crucial...
August 4, 2026
Colombia Markets: COLCAP & the Peso — August 4, 2026
Colombia's COLCAP slipped 0.31% on Monday, August 3, and the peso weakened 0.37% against the dollar as a 6% slide...
August 4, 2026
Brazil’s Financial Morning Call for Tuesday, August 4, 2026
Ibovespa: Brazil's B3 pre-market setup for August 4, 2026, hinges on the Copom rate decision, services PMI data, and industrial...
August 4, 2026
Argentina Markets: Merval & the Peso — August 4, 2026
The Merval stock index slipped 0.51% and the peso weakened to 1,494 per dollar on Monday, August 3, as profit-taking...
August 4, 2026
Brazil Markets: Ibovespa & the Real — August 4, 2026
Brazil's Ibovespa closed flat at 178,000 as a drop in Vale countered a surge in Embraer. The real weakened slightly...
August 4, 2026
Chile Markets: IPSA & the Peso — August 4, 2026
Chile's S&P IPSA rose 0.30% and the peso firmed to 925.12 per dollar as crude's slide lifted risk appetite. Retail...
August 4, 2026
Latin America Steel: Gerdau Leads, Brazil’s CSN ADR Falls 5.7%
Gerdau led Latin American steel on 3 August with a 2.02% gain as CSN's ADR fell 5.65%. Ternium rose, but...
August 4, 2026