S&P Global Buys Control of a Pan-African Rating Agency
African credit ratings gain a global owner as S&P Global takes a majority stake in Agusto & Co., the Lagos...
July 30, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
BOAD Raises US$153 Million in Tokyo Without a Guarantee
The BOAD Samurai bond raised about US$153 million in two yen tranches, the first unguaranteed public Samurai issue by a...
July 30, 2026
Brazil El Niño Plan: US$262 Million to Stockpile Corn, Rice
Brazil's El Niño plan allocates R$1.335 billion (~US$262M) to buy 310,000t of rice and 180,000t of corn for public stocks,...
July 30, 2026
Brazil Agribusiness Bankruptcies Surge 33% in Q1
Judicial recovery filings by Brazilian farmers and agribusinesses jumped 33% in Q1 2026 to 517 requests, putting the sector on...
July 30, 2026
BNDES Fleet Renewal: US$3.9 Billion for Trucks and Buses
Brazil's BNDES approved R$20 billion (~US$3.9 billion) for the BNDES fleet renewal credit line targeting trucks and buses. See who...
July 30, 2026
Fitch: Pemex Burden Costs Mexico a Notch, BBB- Holds
Fitch affirms Mexico at BBB- with Stable outlook, but warns Pemex's debt subtracts one full notch from the sovereign rating...
July 30, 2026
Peru Air Cargo Jumps 10.3% in May, Leads Latin America
Peru's air cargo grew 10.3% in May 2026, the fastest in Latin America, driven by US, Chile, Brazil and Ecuador...
July 30, 2026
Uruguay Cruise Season Draws 242,000 Passengers
Uruguay's 2025-26 cruise season brought 242,086 passengers and about US$13 million in spending across Montevideo and Punta del Este.
July 30, 2026
Enel Americas First-Half Profit Rises 18.5% to US$510M
Enel Americas' first-half profit rose 18.5% to about US$510 million, driven by Brazil and Colombia, with revenue of US$8.15 billion.
July 30, 2026