Chile Imacec June 2026 Surges 2.4%, Avoiding Recession
Chile's Imacec rose 2.4% in June, its first gain of 2026 and enough to end five months of decline and...
August 3, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Ecopetrol Q2 Profit Seen Up 75% Near US$1.25bn on Brent Rally
Analysts expect Ecopetrol's Q2 net income to jump 75.3% to about US$1.25bn as Brent's rally offsets falling output; results are...
August 3, 2026
ExxonMobil Eyes Ninth Guyana FPSO Using Longtail Design
ExxonMobil is evaluating a ninth Guyana FPSO that would mirror its Longtail gas-and-condensate design, as Stabroek output nears one million...
August 3, 2026
Carlos Slim’s Grupo Carso Buys Kan Oil Block in Mexico
Carlos Slim's Grupo Carso agreed to buy TotalEnergies' 30% stake in Mexico's Block 30, home to the Kan oil discovery,...
August 3, 2026
Brazil Nominal Deficit Nears 10% of GDP in 2026
Brazil's nominal fiscal deficit approached 10% of GDP in the year to June 2026 as a 14.25% Selic rate swelled...
August 3, 2026
Chile Water Utility Stakes Sale Could Raise US$150 Million
Chile's government is studying a sale of the state's minority stakes in water utilities Aguas Andinas, Esval and Essbio for...
August 3, 2026
ExxonMobil AI Guyana Exploration Finds 4 New Oil Prospects
ExxonMobil says AI trained on Stabroek Block data has flagged four new exploration opportunities offshore Guyana, disclosed on its Q2...
August 3, 2026
Colombia’s Ecopetrol Plans Board Overhaul Before September Vote
Ecopetrol board overhaul triggers extraordinary vote in early September 2026 to fill three open seats after Ricardo Roa's exit and...
August 3, 2026
DP World Backs US$100M Mombasa Special Economic Zone
The DP World Mombasa SEZ project covers 535 acres at Jomvu and is worth over KSh 12 billion, with 67...
August 3, 2026