H&M Argentina to Open First Store in Buenos Aires by 2027
H&M Argentina is confirmed: the Swedish retailer will open its first store at Buenos Aires’s Alto Palermo in 2027 via...
July 23, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Mubadala Deepens Its Bet on Brazil’s Medical Schools
Abu Dhabi’s Mubadala medical schools push in Brazil is expanding, with a medical university added to a new US$900 million...
July 23, 2026
Revolut Hits US$115 Billion, Topping Nubank in Fintech Race
Revolut, the London-based digital banking platform, has reached a private-market valuation of roughly US$115 billion
July 23, 2026
US Insurer Prudential May Sell Brazil Unit for $3B
Prudential Brazil: the US insurer is exploring a sale of its Brazilian life unit in a deal that could value...
July 23, 2026
Qualitas Second Quarter Profit Holds Near US$75 Million
Qualitas second quarter net income held near MXN 1,378 million (about US$74.5 million) as premiums dipped 1.9% and investment gains...
July 23, 2026
La Comer Second Quarter Profit Falls 16% as Costs Rise
La Comer second quarter net income fell 16.4% to MXN 671 million (about US$36 million) as store openings and higher...
July 23, 2026
Gentera Second Quarter Net Income Rises 11.6%
Gentera second quarter net income rose 11.6% to about US$127 million, as the Mexican microfinance group grew its loan book...
July 23, 2026
Gruma Second Quarter Profit Falls 12% on US Weakness
Gruma second quarter profit fell about 12% as weaker US demand at Mission Foods hit volumes, even as net sales...
July 23, 2026
Mexican chemical firm Orbia swings to $15M profit in Q2
Orbia second quarter swung to a US$15 million net profit from a US$126 million loss a year earlier, with EBITDA...
July 23, 2026