Half of Brazil’s Municipalities No Longer Have a Bank Branch
Brazil bank branches have fallen 42% since 2015, and 2,649 municipalities - 48% of the country - now have no...
August 7, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Argentina’s Foreign Land Cap Stays at 15% as the 25% Chapter Comes Out
Argentina land law: the 25% foreign ownership chapter was dropped before the Senate vote, so the 15% cap under Ley...
August 7, 2026
Liberty Latin America Signs 10-Year AI Operations Deal With Amdocs
The Liberty Latin America Amdocs deal transfers regional IT management to an AI-driven model for 10 years; its price was...
August 7, 2026
Nexa Says Cerro Lindo Is Peru’s First Block-Caving Mine
Nexa says Cerro Lindo is Peru's first block-caving mine, targeting lower costs, deeper ore and safer remote operation.
August 7, 2026
Lojas Renner Q2 Profit Holds at US$79M; Revenue Forecast Cut
Lojas Renner Q2 profit held near US$79 million, but the retailer cut 2026 revenue-growth guidance to 4%–8% as store traffic...
August 7, 2026
Globant Launches Glob.AI With Pay-Per-Output AI Services
Globant's Glob.AI sells expert-supervised AI services by validated output or consumption, challenging the industry's hourly billing model.
August 7, 2026
Nutresa EBITDA Jumps 32%; Reported Profit Falls 89%
Nutresa’s first-half EBITDA rose 32%, but dollar-debt hedges drove reported profit down about 89% despite stronger food margins.
August 7, 2026
Gerdau Reins In Peru Investment as It Fights a Chinese Steel Rival
Gerdau is holding back investment in Peru while its Siderperú unit moves to block a rival Chinese steel project, as...
August 6, 2026
BHP and Kobrea Form Copper Exploration Alliance Over 73,334 Hectares in Mendoza
BHP will pay Kobrea US$3 million upfront and fund at least US$5 million of exploration over two years on copper...
August 6, 2026