Brazilian Brewer Ambev Surges 15% on Earnings Beat, Lifting Ibovespa
Ambev's first-quarter earnings beat propelled its shares roughly 15% higher on Tuesday, recording their biggest single-day jump since 1999 and...
July 16, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Brazilian Bank BTG Pactual Opens Its Securitization Platform to Rivals
Brazilian Bank BTG Pactual opens its BSec securitization platform to third-party managers, earning fees from volume as rivals convert receivables...
July 16, 2026
Venezuela’s Rebuild Exposes a Decade of Brain Drain
Up to 90% of early emigrants held a degree, stripping Venezuela of oil engineers, 22,000 doctors, and 15% of scientists...
July 16, 2026
Costa Rica Tourist Arrivals Rise 7.8% in the First Half of 2026
Costa Rica tourist arrivals rise 7.8% in H1 2026, with Q1 beating 2019 levels for the first time. A 32%...
July 16, 2026
UK Offers Guatemala Up to $6.8 Billion for Infrastructure
UK unlocks up to $6.8 billion in Guatemala infrastructure financing via UKEF-backed loans, starting with a Metro Riel urban rail...
July 16, 2026
Dominican Senate Raises Corporate Tax to 30% for Large Firms
Dominican Republic raises corporate income tax to 30% for firms earning over DOP 1 billion annually. Temporary hike targets tax...
July 16, 2026
Chile Names 10 Unregistered Betting Sites in Tax Crackdown
Chile forces payment processors to withhold 19% VAT from 10 unregistered online betting platforms like Bet365 and PokerStars, impacting 83%...
July 16, 2026
BHP Keeps Copper Output Near 2 Million Tonnes, Warns of 2027 Drop
BHP copper output nears 2Mt for second year but flags a 2027 decline to 1.65–1.80Mt as Escondida ore grades erode....
July 16, 2026
Chile’s Winter Storm Sends Generator Sales Up 50-Fold
Biobío exports fell 16.1% to $320.1M in May 2026 as the economic toll of Chile’s winter storm hit forestry, ports,...
July 16, 2026