Mexican TV Azteca Faces $400M US Debt Lawsuit by Salinas Pliego
A New York federal court fast-tracks the Salinas Pliego debt lawsuit over $400M in defaulted TV Azteca notes, now worth...
July 18, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Tesla Lands in Uruguay as Court Curbs Bank Secrecy Against Argentina’s ARCA
Tesla enters Uruguay with direct sales of Model 3 and Y starting at US$32,990 in Montevideo, as a court limits...
July 18, 2026
Peru Fiscal Deficit Shrinks, Easing El Niño Risk
Peru’s rolling annual fiscal deficit fell to 1.3% of GDP in June 2026, beating official targets, as higher revenues strengthen...
July 18, 2026
Vamos, Brazil’s Truck Rental Giant, Sees New Orders Jump 60%
Vamos truck rental preview shows Q2 revenue up 10.1% to R$1.55 billion ($304M) and contracted orders up 59.6%. Shares spiked...
July 18, 2026
Homebuilder Cyrela’s Sales Rise 14% While Its Stock Sits Near a One-Year Low
Cyrela sales rose 14% to R$2.56 billion ($502M) and launches jumped 34% in Q2 2026. BTG sees 78% upside as...
July 18, 2026
Embraer Heads to Farnborough With a Record $32 Billion Order Backlog
Embraer arrives at Farnborough 2026 with a record $32.1bn order backlog, its commercial book up 50%, and 109 aircraft delivered...
July 17, 2026
Caracas Airport Stays Shut After Quake, Forcing LATAM and Copa to Reroute
Is Caracas airport open? Maiquetia remains closed after the 7.2 quake, with LATAM and Copa rerouting via Valencia. No reopening...
July 17, 2026
Banco do Brasil Profit Halves as Farm Loans Sour; Stock at 0.6x Book
Banco do Brasil profit fell 53.5% to R$3.4 billion ($672M) as farm-loan defaults surged. Why Brazil's oldest big bank now...
July 17, 2026
B3, Brazil’s Stock Exchange, Turns Record Trading Into Record Profit
3 profit hit a record R$1.5 billion ($302M) as Brazil's rally lifted revenue 20%. Citi sees R$6.3 billion in payouts....
July 17, 2026