Fujimori Government Unveils US$20.6 Billion Lima Metro Shock
Peru's Fujimori government fills key posts and unveils a US$20.6 billion Lima Metro shock to finish Line 2 and build...
August 5, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Gran Tierra to Sell Colombia, Ecuador Assets for US$1.33B
Canada's Gran Tierra will sell its Colombia and Ecuador oil business to Maurel and Prom for US$1.33 billion to refocus...
August 5, 2026
Venezuela Oil Exports to US Triple to 786,000 Barrels a Day
Venezuela oil exports to the US averaged about 786,000 bpd in July 2026, the highest since 2019, as officials projected...
August 5, 2026
Peru-China FTA Upgrade Adds E-Commerce and Supply Chain Rules
Peru ratified the optimization protocol upgrading its free-trade agreement with China, adding e-commerce, supply-chain and competition provisions.
August 5, 2026
US$984 Million IDB Deal Targets Brazil’s Organized Crime
Brazil and the IDB signed an anti-crime deal worth about US$984 million to fund the country's fight against organized crime.
August 5, 2026
Chilean Mallplaza Profit Drops 35% Despite Revenue Jump
Mallplaza's Q2 2026 EBITDA rose 9.6% while first-half net profit fell about 35%, as the Chilean mall operator cited accounting...
August 5, 2026
BYD’s US$34,800 Flex-Fuel Hybrid Runs 805 Km on Ethanol in Brazil
BYD launched a flex-fuel plug-in hybrid built for Brazil, the ethanol-capable Song Pro, as its Brazilian sales more than doubled...
August 5, 2026
Bancolombia Parent Cibest Buys 100% of Fintech Avista
Grupo Cibest, the holding company of Colombia's Bancolombia, closed its 100% purchase of Avista, a silver-economy payroll-lending fintech.
August 5, 2026
Brasília Gym Chain Evolve Sold in US$39 Million Smart Fit Takeover
Smart Fit completed its acquisition of 60% of Evolve, a gym operator in Brazil's Federal District, deepening its push into...
August 5, 2026