Wealth Growth Daily

Latin America

Cruise lines to appeal U.S court’s big award to owner of Havana dock

BY Reuters  • January 3, 2023January 4, 2023
(Reuters) – Carnival Corp and Royal Caribbean Cruises on Tuesday said they would appeal a U.S. court ruling ordering them and two other cruise operators to pay $110 million each in damages for u[...]
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Business Entertainment and Lifestyle Latin America Top News US

Bahamas regulator sticks to estimate of FTX assets

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) – The Securities Commission of the Bahamas (SCB) rebuffed on Monday FTX’s claims about the digital assets of its Bahamas unit held by the regulator, saying the debtors of the ban[...]
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Business Economy Europe Latin America Technology Updated US

Brazil’s Petrobras will play leading role to expand refineries, says new energy minister

BY Reuters  • January 2, 2023January 2, 2023
RIO DE JANEIRO (Reuters) – Brazil’s new mines and energy minister Alexandre Silveira said on Monday that state-run oil company Petrobras would play a leading role in expanding the country[...]
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Business Economy Latin America Politics

Panama president says final contract to miner First Quantum has been presented

BY Reuters  • January 2, 2023January 2, 2023
PANAMA CITY (Reuters) – Panama’s president, Laurentino Cortizo, said on Monday the government has presented Canadian miner First Quantum Minerals a final contract to regulate operations. C[...]
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Business Canada Central America Latin America

Analysis-Citgo may face new upheaval under Venezuela’s political changes

BY Reuters  • December 31, 2022December 31, 2022
By Marianna Parraga HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday’s vote by Venezuela’s oppo[...]
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Business Latin America Politics US

U.S. judge orders Norwegian Cruise Line to pay $110 million for use of Cuba port

BY Reuters  • December 31, 2022December 31, 2022
By Brian Ellsworth MIAMI (Reuters) – Norwegian Cruise Line must pay $110 million in damages for use of a port that Cuba’s government confiscated in 1960, a U.S. judge ruled on Friday, a mi[...]
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Business Latin America Updated US

Casino’s GPA prepares to spin off Colombian supermarket operator Exito

BY Reuters  • December 31, 2022December 31, 2022
SAO PAULO (Reuters) – Brazilian retailer GPA said on Friday it had taken the first steps towards spinning off its Colombian subsidiary Almacenes Exito SA and plans to distribute its shares to ex[...]
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Business Europe Latin America

Panama says it rejects First Quantum’s legal bid to avoid halting operations

BY Reuters  • December 31, 2022December 31, 2022
By Valentine Hilaire PANAMA CITY (Reuters) – The Panamanian government has rejected Canada-based miner First Quantum’s legal proceedings to avoid halting operations at the Cobre Panama min[...]
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Business Canada Central America Economy Latin America

Bahamas regulator holds FTX assets pending delivery to customers, creditors

BY Reuters  • December 30, 2022December 30, 2022
(Reuters) -The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis to deliver th[...]
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Business Economy Latin America Technology Updated US
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