Wealth Growth Daily

Latin America

Investor group requests arbitration against Brazil’s Americanas and 3G Capital

BY Reuters  • January 19, 2023January 19, 2023
By Carolina Pulice (Reuters) – A group of investors requested a collective arbitration against troubled Brazilian retailer Americanas SA and 3G Capital at the Brazilian stock exchange on Thursda[...]
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Business Latin America

Mexican president defends bid to move cargo from longstanding hub to new airport

BY Reuters  • January 19, 2023January 19, 2023
By Kylie Madry MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador defended his plan to move all cargo flights from the capital’s principal airport to a new site on the o[...]
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Business Central America Europe Latin America Politics Top News

Davos 2023: Global trade rethink: ‘race of the big pockets’?

BY Reuters  • January 19, 2023January 19, 2023
By Mark John DAVOS, Switzerland (Reuters) – The United States pitched its vision of “worker-centric” trade. China promised an “all-round opening up”. Europe spoke of its[...]
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Africa Asia Business Economy Environment Europe Latin America US

Amazon to lay off staff in U.S., Canada and Costa Rica by end of day

BY Reuters  • January 19, 2023January 19, 2023
(Reuters) -Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end of Wednesday as part of its plan to lay off 18,000 employees, the e-commerce giant said in a memo to[...]
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Business Central America Economy Latin America Technology Updated US

Brazil’s BTG gets court decision reversing part of Americanas’ protection from creditors

BY Reuters  • January 18, 2023January 18, 2023
SAO PAULO (Reuters) – Brazilian bank BTG Pactual obtained a court decision on Wednesday overturning part of Americanas SA’s protection from creditors, according to court documents seen by[...]
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Business Latin America

Mexico’s Pemex destroyed resources worth $342 million from two top fields

BY Reuters  • January 18, 2023January 18, 2023
By Stefanie Eschenbacher MEXICO CITY (Reuters) -Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years up to August 2022 at two of it[...]
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Business Central America Environment Latin America Updated

Former Fox execs conspired to bribe FIFA officials, prosecution witness says

BY Reuters  • January 18, 2023January 18, 2023
By Jack Queen (Reuters) – An Argentine businessman testified on Wednesday that two former 21st Century Fox executives and a sports marketing company conspired with him to bribe South American so[...]
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Business Latin America Sports US

Usain Bolt seeks missing $12.7 million from Jamaica investment firm

BY Reuters  • January 18, 2023January 18, 2023
By Kate Chappell KINGSTON (Reuters) – Olympic champion Usain Bolt is seeking to recover more than $12.7 million that disappeared from his account with a Jamaican investment firm and is willing t[...]
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Business Economy Latin America Sports Top News

FTX reports $415 million in hacked crypto, Bankman-Fried says FTX US is solvent

BY Reuters  • January 18, 2023January 18, 2023
By Dietrich Knauth (Reuters) – Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen in hacks. FTX has said it had recov[...]
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Business Economy Latin America Technology Updated US
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