Peru US Tariff Exports Hit US$5.3 Billion in Fruit, Apparel
A new US forced-labor tariff hits nearly half of Peru’s exports to America—about US$5.3bn—covering blueberries, grapes and apparel.
August 3, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Chedraui US Immigration Sales Hit: Profit Drops to US$96M
US immigration enforcement cut traffic at Chedraui's El Super and Fiesta Mart, pushing Q2 net profit down 11.5% even as...
August 3, 2026
Mercado Pago Bond in Mexico Raises US$262 Million for Loans
MercadoLibre's arm Mercado Lending is placing up to US$262 million in peso bonds on Mexico's BIVA to fund consumer and...
August 3, 2026
Brazilian Materials Firm Dexco Sells Urussanga Plant for US$33.5M
Dexco is selling its Urussanga ceramic-tile plant in Santa Catarina to Cerâmica Carmelo Fior for about US$33.5 million to concentrate...
August 3, 2026
Oncoclínicas Sheds Saudi Stake and Books US$18M Unimed Deal
Debt-heavy cancer group Oncoclínicas exits its Saudi joint venture for US$6.5M and settles an US$18M Unimed debt the same day...
August 3, 2026
Ecorodovias Profit Sinks 74% as Capex and Inflation Bite
Ecorodovias' Q2 2026 recurring profit fell 74.1% to about US$10.4m as capex, high interest rates and inflation squeezed the Brazilian...
August 3, 2026
Bradesco Cuts 3,000+ Jobs and Branches as Profit Rebounds
Bradesco shut 346 branches and cut over 3,000 jobs in a year while profit rebounded, as it heads into its...
August 3, 2026
Peru’s ProInversión Targets US$40bn Pipeline Through 2028
Peru's agency ProInversión has consolidated 86 projects worth over US$40 billion in infrastructure to be developed through 2028.
August 3, 2026
Argentina’s US$18bn China Swap Nears a Decisive Deadline
Argentina's up-to-US$18bn currency swap with China faces an August 6 deadline as Milei winds down the used portion under heavy...
August 3, 2026