Correios Asks 7,000 Staff to Leave as Losses Mount
The Correios redundancy round targets 7,000 departures by 30 September, after an earlier attempt drew 3,100 and a US$1.04 billion...
August 21, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Peru Moves to Keep Julio Velarde at the Central Bank
Julio Velarde was designated to head Peru's central bank to 2031 on 21 August, subject to Senate ratification. He has...
August 21, 2026
Panama Canal Caps Daily Ship Transits From September
Panama Canal transits will be capped at 34 a day from 4 September and 32 from 15 September. In exchange,...
August 21, 2026
Southern Copper to Spend US$8.2 Billion in Peru
Southern Copper Peru investment of about US$8.2 billion to 2033 sits alongside a road closure that has isolated Arequipa for...
August 21, 2026
Peru Asks Mexico to Drop Its Visa Requirement
The Peru Mexico visa requirement is under review after relations were restored on 7 August. A Hong Kong trade deal...
August 21, 2026
Advent and Bain Stall on Amil Over US$385 Million
The Amil sale to Advent and Bain has stalled some US$385 million apart, and partner hospitals are postponing contracts while...
August 21, 2026
Colombia Loses Nearly 10,000 Cattle to Drought
Colombia cattle deaths from drought have reached 9,865 across 15 departments, with losses of COP47 billion (US$15.4m) and El Niño...
August 21, 2026
US Court Restores the Delta-Aeroméxico Alliance
The Delta Aeroméxico joint venture keeps its antitrust immunity after an appeals court vacated the US order to unwind it...
August 21, 2026
Chile Ends Anonymous Prepaid Phone Lines
Chile SIM registration took effect on 20 August for prepaid lines only. Unregistered lines are not cut off — they...
August 21, 2026