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Latin America

Eletrobras, Shell mull co-investment in Brazil offshore wind power

BY Reuters  • December 15, 2022December 15, 2022
SAO PAULO (Reuters) – Brazilian power company Eletrobras said on Thursday it has signed a cooperation agreement with Shell as they exchange information for a potential co-investment in offshore[...]
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Business Economy Europe Latin America UK

Chief of Mexico’s Mifel says it is still in bidding process for Citibanamex

BY Reuters  • December 15, 2022December 15, 2022
MEXICO CITY (Reuters) – Mexico’s Banca Mifel is still in the bidding process for Citigroup’s Mexican retail bank Citibanamex, Mifel’s head Daniel Becker told Reuters on Wednesd[...]
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Business Central America Economy Latin America US

Russia working with Venezuela on possible adoption of card payment system -Tass

BY Reuters  • December 14, 2022December 14, 2022
(Reuters) – Moscow is working with Venezuela on its possible adoption of Russia’s Mir card payment system, Tass news agency cited Deputy Prime Minister Alexander Novak as saying on Wednesd[...]
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Business Economy Europe Latin America Politics

FTX founder Bankman-Fried’s bail denial could increase chance of extradition

BY Reuters  • December 14, 2022December 14, 2022
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried’s failure to secure release on bail in the Bahamas on Tuesday increases the likelihood that he will consent to extradition to the United S[...]
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Business Economy Latin America Technology Top News US

Trade panel decision on auto rules dispute to come mid-January, Mexico says

BY Reuters  • December 14, 2022December 14, 2022
MEXICO CITY (Reuters) – A trade panel’s decision under a regional trade pact regarding content requirements for the automotive sector will be published after Jan. 15, Mexico’s econom[...]
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Business Canada Central America Economy Latin America Politics

Exclusive-How a secret software change allowed FTX to use client money

BY Reuters  • December 14, 2022December 14, 2022
By Angus Berwick, John Shiffman and Koh Gui Qing (Reuters) – In mid-2020, FTX’s chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt[...]
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Business Economy Latin America Technology Top News Updated US

Explainer-Sam Bankman-Fried: Who is FTX’s founder and why was he arrested?

BY Reuters  • December 13, 2022December 13, 2022
By Hannah Lang and Tom Hals (Reuters) – FTX founder Sam Bankman-Fried was arrested in the Bahamas on Monday and charged by the U.S. Department of Justice on Tuesday with defrauding investors in[...]
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Business Economy Latin America Technology Top News US

Bankman-Fried seeks bail in Bahamas magistrate court

BY Reuters  • December 13, 2022December 13, 2022
NASSAU (Reuters) – Former FTX CEO Sam Bankman-Fried’s lawyer on Tuesday requested bail for the one-time crypto magnate after Chief Magistrate JoyAnn Ferguson-Pratt ruled that Bankman-Fried[...]
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Asia Business Economy Europe Latin America Technology US

Bankman-Fried Bahamas court hearing adjourned to consider bail jurisdiction

BY Reuters  • December 13, 2022December 13, 2022
(Refiles to correct GMT time) NASSAU (Reuters) – Former FTX CEO Sam Bankman-Fried’s hearing in a Bahamas magistrate court is adjourned until 2:15 p.m. (1915 GMT) on Tuesday to consider whe[...]
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Asia Business Economy Europe Latin America Technology US
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