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, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
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
Colombia’s Vehicle Imports Rose 68%, and China Supplied the Most
Colombia imported US$3.16 billion of vehicles for private use in the first five months of 2026, up 68%. China supplied...
August 2, 2026
Itaú Colombia Sells Retail Unit to Banco De Bogotá
Itau closed the sale of its Colombian personal banking business on 31 July 2026. About 267,000 customers moved to Banco...
August 2, 2026
Brazil Sets US$193 Million Santos Container Terminal Auction
Brazil sets a R$1.044B fee for the Santos container terminal auction in March 2026, requiring a R$6B investment to boost...
July 31, 2026