Business & Industries

If the predictions come true, Peru will be the epicenter of a logistical rearrangement at the continental level when the mega port begins operating at the end of this year. But, for this to take place, the project will require complementary developments that today are far from being completed. And countries like Mexico, Chile, Colombia and Ecuador are advancing in parallel with their own investments.

According to data compiled by Bloomberg , the company's shares have rallied 40% since late October, while fourth-quarter earnings beat projections.

Net sales also remained stable compared to the previous year, reaching 50,743 million Mexican pesos (US$ 2,982 million), 0.1% more compared to the first three months of 2023.

During last year, Bolivia's state oil company invested US$539.74 million in various activities in the hydrocarbon chain. Likewise, the Vice Minister of Exploration and Exploitation projects large income from the commercialization of lithium and potassium derivatives.

These are models intended for sectors such as urban logistics, construction and also mining. The firm has already produced 17,000 zero-emission trucks with 14 models of different tonnage.

Kiire, Éxito's initiative, will allow users to receive payments such as dataphones, QR codes and use NFC technology: tap to phone .

In 2023, the state lithium company's income only reached US$22 million, a drop of 71.8% compared to what was achieved in 2022, which was US$79.8 million.

"We have expressly reserved shares to ensure compliance with current regulations and protect the rights of minority shareholders," said the representative of Tianqi during the ordinary meeting held on Wednesday.

The company's turnover also increased by 3% due to its operations in Central America, South America and the Caribbean.

By markets, billing in Mexico grew by 12.2% compared to the first quarter of the previous year, reaching US$ 11,170.7 million, representing 84% of its total turnover.

In Chile, Anglo American owns Los Bronces and el Soldado, and has a stake at the Inés de Collahuasi mining company. In Peru, it owns the Quellaveco mine. BHP is a partner in the Antamina project in Peru, while in Chile it owns Spence, Escondida and Cerro Colorado fields, and it also has operations in Brazil and Arizona, USA.

With this new infrastructure, three times larger than its predecessor and which will be inaugurated during the first quarter of 2025, the company seeks to create an integrated environment that drives innovation and connects companies in the region.

Chinese authorities promote it as one of the country's cultural symbols along with silk, tea, ceramics, martial arts and calligraphy.

The Mexican petrochemical company has indicated that it remains on track with its structural cost reduction initiatives and will evaluate additional opportunities that will take place throughout the year.

Alsea México's sales represented 56.1% of consolidated sales in the first quarter of 2024, registering an increase of 13.1%, up to US$ 593 million.

The need to form a common front will outweigh disagreements on issues such as GMOs, said the former Secretary of Economy and current advisor to the Mexican presidential candidate, Xóchitl Gálvez.

The president of the multinac, Enrique Ostalé, stated that “we will continue focused on promoting our brands, which are our growth engines. “We have a winning model with a presence in the physical and digital world, and we are more optimistic about this year.”

The enterprise resource planning software company has just published its first quarter 2024 results showing US$8 billion in profits. Revenue in Chile grew at double digits. Investment in cloud and AI in the region would be far from slowing down, the global firm predicts.

Faced with a complex environment for the industry, the Chilean telecommunications company will use its own resources to sustain the technological evolution of its service.

Only three in 10 people aged 15 or older obtained a loan from a financial institution in the last year.