Wealth Growth Daily

Central America

Brazil stocks to keep drifting higher on mixed company results: Reuters poll

BY Reuters  • May 23, 2023May 23, 2023
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazilian stocks are expected to keep drifting higher this year on mixed company earnings, as food exporters feel the pinch f[...]
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Business Central America Economy Elections Latin America Politics

Mexico’s top court strikes down decree tied to Grupo Mexico railway takeover

BY Reuters  • May 22, 2023May 23, 2023
MEXICO CITY (Reuters) -Mexico’s top court invalidated a presidential decree on Monday that declared a pair of major transport projects a matter of national security, which would have reduced civ[...]
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Business Central America Economy Latin America Updated

US seeks labor rights probe at Goodyear Tire in Mexico

BY Reuters  • May 22, 2023May 22, 2023
By Daina Beth Solomon and David Lawder WASHINGTON/MEXICO CITY (Reuters) – U.S. labor officials on Monday said they have asked Mexico to investigate alleged worker rights abuses at a Goodyear Tir[...]
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Business Canada Central America Latin America Politics Updated US

JPMorgan sees rise in corporate defaults in Latin America

BY Reuters  • May 22, 2023May 22, 2023
(Reuters) – JPMorgan increased its corporate default rate forecast for all emerging markets to 6% from 5.5% on Monday, citing in particular growing risk among Latin American companies as access[...]
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Asia Business Central America Economy Latin America

Grupo Mexico says negotiations with government more difficult after railway expropriation

BY Reuters  • May 22, 2023May 22, 2023
MEXICO CITY (Reuters) – Grupo Mexico said on Sunday its negotiations with the government are facing difficulties after the Mexican Navy took over part of a railway in southern Mexico operated by[...]
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Business Central America Latin America Updated

Mexico takes over part of Grupo Mexico railway, shares fall

BY Reuters  • May 19, 2023May 19, 2023
By Valentine Hilaire and Noe Torres MEXICO CITY (Reuters) – The Mexican Navy on Friday took over a section of railway in southern Mexico operated by a unit of Grupo Mexico , and shares in the mi[...]
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Business Central America Economy Latin America Politics

Inflation fight risks central banks’ credibility and autonomy, BIS warns

BY Reuters  • May 19, 2023May 19, 2023
By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if stubbornly-high global inflation rates are not bought under control, the head of[...]
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Asia Business Central America Economy Europe Latin America

US West Coast ports regain lost volume as competitive pressure mounts

BY Reuters  • May 18, 2023May 18, 2023
By Lisa Baertlein CHICAGO (Reuters) -Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringing[...]
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Asia Business Central America Latin America Updated US

Mexico’s Kavak sets sights on capturing 5% of Colombia used-car market

BY Reuters  • May 18, 2023May 18, 2023
(Refiles to fix author reporting credit) By Nelson Bocanegra BOGOTA (Reuters) -Mexican used-car platform Kavak has opened a vehicle reconditioning plant in Colombia, which it hopes will help capture a[...]
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Asia Business Central America Latin America Technology Updated
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