Investments

• Friday, November 6th 2020 - 09:13 UTC

  Vehicle sales in Brazil climbing with October the best month of the year

  

  New vehicle sales in Brazil during October rose 3.54% compared to September, registering the highest volume of the year, the National Federation of Motor Vehicle Dealers (Fenabrave) said.

• Friday, November 6th 2020 - 08:55 UTC

  E-commerce firm Mercado Libre benefits from a surge of online shopping in Latam

  

  Mercado Libre Inc, Latin America's top e-commerce firm, reported better-than-expected third-quarter revenue and profit on Wednesday, helped by a surge in online shopping and digital payment transactions during the COVID-19 pandemic.

• Thursday, November 5th 2020 - 09:32 UTC

  Chilean mining industry lobby cautions about the rewriting of the new constitution

  

  Chile’s world-leading copper industry will see investment lag for at least two years as the country rewrites a constitution that underpinned nearly three decades of mining growth in the South American nation.

• Wednesday, November 4th 2020 - 09:47 UTC

  Brazilian manufacturing expands at a record pace in October

  

  Brazilian manufacturing expanded at a record pace in October, a survey of purchasing managers' activity showed on Tuesday, as a rise in employment and export orders to new highs helped extend the sector's strong post-coronavirus recovery.

• Wednesday, November 4th 2020 - 09:35 UTC

  Peru with Canadian funds joins the South American lithium rush

  

  Canada’s Plateau Energy Metals has raised nearly US$ 600 million to develop Peru’s sole lithium project and expects to start mining in 2023, a year later than planned, as the country lags its neighbors in developing the battery mineral, a company official said.

• Tuesday, November 3rd 2020 - 08:50 UTC

  Chile's economy activity drops 5,3% in September year on year, but grows 5,1% from August

  

  Chile’s economic activity sank 5.3% in September year-on-year but grew 5.1% from the previous month, the central bank said on Monday, as the world’s no. 1 copper producer emerged from the worst period of the coronavirus pandemic.

• Tuesday, November 3rd 2020 - 08:20 UTC

  Brazil launches network on Artificial Intelligence applied to the auto industry and agribusiness sectors

  

  The Brazilian government has announced the launch of a national innovation network focused on artificial intelligence (AI) with the aim of increasing the production capacity and competitiveness of local companies.

• Friday, October 30th 2020 - 13:00 UTC

  Argentina and Mexico “vote” for Biden and delay nominations at IDB until after the US election

  

  Mexico and Argentina have delayed a key meeting of the Inter-American Development Bank until after the Nov. 3 U.S. election, delivering an early setback to plans by the bank’s new U.S. chief to install vice presidents from smaller countries.

• Thursday, October 29th 2020 - 09:20 UTC

  Major US funds involved in Amazon degradation and indigenous rights violations, claim environmental groups

  

  Major US financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published on Tuesday.

• Thursday, October 29th 2020 - 09:10 UTC

  Brazilian government borrowing jumped to second highest record in September

  

  Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.