Cerro Verde First-Half Net Income Hits US$501.5 Million
Freeport's Cerro Verde copper mine in Peru posted first-half 2026 net income of US$501.5 million, helped by strong copper prices.
July 25, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Jamaica Call Center Sector Sheds US$220M, 5,000 Jobs
Jamaica's BPO sector lost roughly US$220 million and 5,000 jobs in the fiscal year to March 2026. Reshoring, AI, and...
July 25, 2026
Guyana Local Content: TotalTec-aHa JV Targets ExxonMobil Deals
A new joint venture between TotalTec Oilfield Services and local partner aHa aims to boost Guyana local content in the...
July 25, 2026
Alicorp Second Quarter Revenue Jumps 10.2%
Alicorp second quarter revenue rose 10.2% to S/3.16 billion (~US$928 million), net profit topped S/363 million, and the Peruvian group...
July 25, 2026
Popular Second Quarter Profit Jumps 32%, US$1bn Buyback
Popular Inc second quarter net income jumped 32% to US$278 million, and the Puerto Rico bank authorized a new US$1...
July 25, 2026
JBS Oman Acquisition: US$150 Million Hub Amid EU Setback
Brazil's JBS invests US$150 million for an 80% stake in an Oman multiprotein hub, while a separate EU audit reproves...
July 24, 2026
Brazil Extends Gasoline Subsidy as Oil Tops US$100
Brazil extends its R$0.44 per liter gasoline subsidy for 30 days after Brent crude tops US$100, shielding drivers from immediate...
July 24, 2026
Spain’s DIA Seeks Buyer for Its 1,000-Store Argentina Chain
DIA Argentina seeks buyer for its 1,000-store chain, hiring Santander to lead the exit. After the sale, the Madrid-based retailer...
July 24, 2026
HDF Energy Jamaica Plans 160MW Solar-Hydrogen Project
HDF Energy Jamaica: France's HDF secured land for a 160MW-plus solar plant with hydrogen and battery storage, supporting Jamaica's 50%...
July 24, 2026