Chevron Boosts Venezuela Oil to 280,000 Barrels Daily
Chevron has raised Venezuelan output to about 280,000 bpd under a US license as BP, Eni, Shell and Repsol follow...
August 4, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazil’s Central Bank Set to Cut Key Rate to 14%
Brazil's Copom is expected to cut the Selic to 14% on Wednesday, a fourth straight quarter-point move as inflation cools...
August 4, 2026
Southern Copper Marks 30 Years on NYSE After CEO’s Death
Southern Copper marks 30 years on the NYSE after the death of longtime CEO Óscar González Rocha, amid a tightening...
August 4, 2026
LATAM Airlines Approves Buyback of Up to 5% of Its Shares
LATAM Airlines shareholders approved a buyback of up to 5% of its stock, a bold capital-return move three years after...
August 4, 2026
Ethiopian State-Owned Enterprises Pay 42% of Big-Tax Haul
Ethiopian state-owned enterprises paid 42% of large-taxpayer revenue in FY2025/26, from a total of about US$3.2 billion, ministry figures show.
August 4, 2026
South Africa Takes Its Grid Rebuild to Beijing
South Africa is pitching Chinese investors on an energy programme worth about R2.2 trillion to 2039, with transmission the binding...
August 4, 2026
Chinese Investment in Egypt Tops US$10 Billion, PM Says
Chinese investment in Egypt has passed US$10 billion, the prime minister says, though Cairo has not said what the figure...
August 4, 2026
Ghana Diesel Margin Cut by US$0.13 to Cap Transport Costs
Ghana cut the diesel regulatory margin by GH¢2 a litre for one month from 4 August 2026, three days after...
August 4, 2026
Four State Firms Hold 80% of Cameroon’s On-Lent Debt
Cameroon's on-lent debt reached FCFA 845.2 billion at end-June 2026, and four state companies hold 79.5% of it, per the...
August 4, 2026