Wealth Growth Daily

Latin America

Mexico headline inflation seen flat in early January, core inflation to slow

BY Reuters  • January 23, 2023January 23, 2023
MEXICO CITY (Reuters) – Mexico’s headline inflation is forecast to have remained steady during the first half of January while core inflation is seen slowing, a Reuters poll showed on Mond[...]
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Business Central America Economy Latin America

South32 sees shipping delays tying up cash in inventory

BY Reuters  • January 23, 2023January 23, 2023
MELBOURNE (Reuters) – Australian diversified miner South32 Ltd on Monday reported production of key commodities that largely met expectations but noted that shipping snarls had led to an invento[...]
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Asia Australia Business Economy Latin America

Brazilian lender Santander’s Chairman Rial resigns

BY Reuters  • January 20, 2023January 20, 2023
SAO PAULO (Reuters) – Brazilian lender Santander Brasil SA said on Friday its chairman and former chief executive, Sergio Rial, is resigning from his position at the firm. The resignation comes[...]
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Business Economy Europe Latin America

FTX wins court approval to hire bankruptcy lawyers amid conflicts concerns

BY Reuters  • January 20, 2023January 20, 2023
By Dietrich Knauth and Andrew Goudsward (Reuters) -A U.S. judge on Friday signed off on FTX’s choice of legal advisers to navigate its bankruptcy, after the collapsed crypto exchange told the co[...]
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Business Economy Latin America Technology Top News Updated US

Colombia central bank to raise rate to 13%: Reuters poll

BY Reuters  • January 20, 2023January 20, 2023
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank board will once again raise its benchmark interest rate at its meeting next week on persistent inflation which has endured de[...]
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Business Economy Latin America

Mexico’s Banorte sees profitability boost for 2023, following strong Q4

BY Reuters  • January 20, 2023January 20, 2023
MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte expects to grow its profitability in 2023, it said on Thursday, after reporting a 28% year-on-year increase in fourth-quarter net income.[...]
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Business Central America Latin America Updated

Chile’s LATAM airline sees 2023 revenue taking off, up at least 15%

BY Reuters  • January 20, 2023January 20, 2023
(Reuters) -LATAM Airlines, South America’s largest carrier, sees double-digit revenue growth this year, according to company guidance published in a statement on Thursday, as many airlines chart[...]
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Business Latin America Updated

Brazil court grants bankruptcy protection for retailer Americanas

BY Reuters  • January 20, 2023January 20, 2023
By Gabriel Araujo, Peter Frontini and Carolina Pulice SAO PAULO (Reuters) -A Rio de Janeiro court on Thursday accepted Brazilian retailer Americanas SA’s bankruptcy protection request, days afte[...]
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Business Latin America Technology Updated

Brazil’s central bank will act independently, governor says

BY Reuters  • January 20, 2023January 20, 2023
BRASILIA (Reuters) – Brazil’s central bank will act independently, governor Roberto Campos Neto said Thursday, adding that the formal autonomy status showed resilience and capacity to stab[...]
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Business Economy Latin America Politics Updated
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