LATAM Airlines Approves Buyback of Up to 5% of Its Shares
LATAM Airlines shareholders approved a buyback of up to 5% of its stock, a bold capital-return move three years after...
August 4, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Ethiopian State-Owned Enterprises Pay 42% of Big-Tax Haul
Ethiopian state-owned enterprises paid 42% of large-taxpayer revenue in FY2025/26, from a total of about US$3.2 billion, ministry figures show.
August 4, 2026
South Africa Takes Its Grid Rebuild to Beijing
South Africa is pitching Chinese investors on an energy programme worth about R2.2 trillion to 2039, with transmission the binding...
August 4, 2026
Chinese Investment in Egypt Tops US$10 Billion, PM Says
Chinese investment in Egypt has passed US$10 billion, the prime minister says, though Cairo has not said what the figure...
August 4, 2026
Ghana Diesel Margin Cut by US$0.13 to Cap Transport Costs
Ghana cut the diesel regulatory margin by GH¢2 a litre for one month from 4 August 2026, three days after...
August 4, 2026
Four State Firms Hold 80% of Cameroon’s On-Lent Debt
Cameroon's on-lent debt reached FCFA 845.2 billion at end-June 2026, and four state companies hold 79.5% of it, per the...
August 4, 2026
Congo Approves a US$1.26 Billion Railway for the Lobito Corridor
The Lobito Corridor railway wins a draft US$1.26 billion Congolese convention with Mota-Engil to rebuild 1,004.5 km of track toward...
August 4, 2026
Brazil Oil Output Hits Record 4.5 Million Barrels a Day in June, Up 19%
ANP data shows Brazil produced 4.475 million barrels of oil per day in June, an all-time high, with pre-salt fields...
August 4, 2026
Argentina’s YPF Executes Stock Split in Push for Global Top 20
Argentina's state oil company splits its shares 10-for-1 today, part of CEO Horacio Marín's plan to attract retail investors and...
August 4, 2026