Megacable Earnings Rise 11% as Mexican Cable Firm Nears 6M Users
Megacable earnings rose 11% in Q2 to MXN$852M (~US$46M) as the Mexican cable operator neared 6 million internet subscribers.
July 31, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
CFE Profit Drops 43% as a Weak Peso Hits Mexico’s Utility
CFE profit fell about 43% in the second quarter as a weaker peso hit Mexico's state power utility, even as...
July 31, 2026
Florianópolis Convention Center Goes Private in 35-Year Deal
Florianópolis convention center concession launches with a R$16.5M minimum bid for a 35-year term. Proposals are due September 14, 2026,...
July 31, 2026
Cuba Private Sector Opens to 81 Activities as Economy Nears Collapse
Cuba private sector rules now allow gas stations, pharmacies, ports and renewable energy under a 176-measure package as the economy...
July 31, 2026
Panama Canal Draft Cut Again as El Niño Threatens Water
Panama Canal draft limits fall to 48.5 feet as El Niño strengthens, but the waterway is not cutting the number...
July 31, 2026
South Korea, Chile Agree to Modernize Trade Deal
South Korea and Chile agreed to modernize their two-decade-old trade deal on July 30, 2026, prioritizing critical-mineral supply chains for...
July 31, 2026
Raizen Extrajudicial Recovery Wins Court Approval
Raizen extrajudicial recovery was ratified by a São Paulo court, backed by 81.6% of creditors, covering about R$61.4 billion and...
July 31, 2026
Milei Capital Markets Reform Opens Argentina to Bonds
President Milei's capital markets reform lets Argentine firms issue foreign currency bonds and frees insurers from regulatory approval, announced July...
July 31, 2026
Vale Q2 Profit Falls 35% to US$1.37 Billion
Vale's Q2 profit fell 35% to US$1.37 billion on a derivatives swing, even as copper and nickel surged; it approved...
July 31, 2026