Business & Industries

In the last three years, the Venezuelan company grew 67% in the markets of Peru, Chile and Ecuador. In the Inca country, it seeks to continue conquering distribution channels, driven by the opportunity represented by the versatility of PAN flour, breading and, more recently, malt.

The US airline recognizes that the Latin market is crucial due to growing in both business and leisure travel. Its 2022 alliance with Latam is positioning it as the main airline operating on the Americas.

The new location will focus on dynamic random access memory (DRAM) product development and information technology operations.

The production of 900 barrels per day (bopd) from Lot 131 will be added to that of oil, which currently stands at 18,500 bopd.

According to Boston Consulting Group, drawing up expansion plans related to the energy transition and building alliances with the public sector are some of the key strategies to overcome rising expenses in this new era.

The Ministry of Commerce, Industry and Tourism reported that 1.6 million travelers arrived in the country.

Up to 20 countries in the Latin American region have investments in Spain and constitute an "important business community" of more than 600 companies and 47,000 direct jobs generated.

Sales have risen to US$ 2,636 million, 1.5% more than in the first three months of 2023, as explained by the company in its results report.

The Brazil-based company is the first digital banking platform to surpass this milestone outside Asia, on the back of its clientele in Brazil, Mexico and Colombia.

The agreement, which gradually reduces tariffs to zero over a period of 15 years, promises a significant impact on the costs associated with transportation, benefiting the agricultural-agroindustrial export sector.

The holding company multiplied EBITDA by 2.3 times compared to the first quarter of 2023, reaching an EBITDA margin of 10.4%. "We are pleased to report that the correct execution of our customer-focused strategic plan is progressing favorably, which has allowed us to improve our main indicators, despite a depressed consumption scenario in most countries in the region," said the CEO.

The Chilean design brand opened its stores in Plaza Galerías de Guadalajara and Plaza San Luis Potosí , bringing it to a total of nine branches in the Aztec country.

The red numbers are due to the higher tax expenses associated with exchange rate effects, the company noted on its results report.

A few days ago the Ecuadorian oil company also signed an agreement with a Peruvian company to transport through blocks 16 and 67.

The automakers propose to the United States a Regional Content Value (RCV) of less than 75% during the first three years after the start of production of this type of vehicles.

The National Economic Prosecutor's Office of Chile reported that both companies agreed to assign areas or market shares, deciding not to compete for clients that each one already supplied.

The Paraguayan plan aims to compete with a rival Bolivian project to reuse existing gas pipelines and transport Argentine gas to Brazil. If any come to fruition, it would mark a major potential shift in regional energy flows.

Adnoc had made a non-binding offer in November, but is no longer interested in carrying out that transaction, as reported by Braskem this Monday in a statement.

The action is carried out by the Modo virtual wallet, which belongs to the largest local banks, through a presentation before the National Commission for the Defense of Competition.

Peru has positioned itself as the number one supplier in the world, despite the fact that blueberries are fruits native to North America and recently introduced to the Andean country.