By Luis Jaime Acosta BOGOTA (Reuters) – The potential collapse of the low-cost Colombian airline Viva could lead to higher fares and the loss of connections to some cities, Avianca’s chief[...]
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Latin America
Analysis-Slower Fed hikes spell relief from Tokyo to Buenos Aires
By Balazs Koranyi and Karin Strohecker FRANKFURT (Reuters) – The Federal Reserve’s signalling of a slowdown in the pace of U.S. interest rate hikes takes pressure off global peers to keep[...]
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Colombian airlines Avianca, Viva appeal against merger denial
BOGOTA (Reuters) – Colombian airlines Avianca and Viva have appealed to the aviation regulator after it denied their plan to merge, proposing steps to allay its concerns, such as yielding some r[...]
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Brazil’s Banco Safra buys Alfa financial conglomerate for $192 million
By Tatiana Bautzer SAO PAULO (Reuters) – Brazilian bank Banco Safra acquired control of financial conglomerate Alfa for 1.03 billion reais ($192.2 million), the bank said in a statement late on[...]
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Venezuela’s anti-inflation efforts dealt blow as currency tumbles
CARACAS (Reuters) – Venezuela’s effort to curb high inflation by stabilizing exchange rates is becoming less effective as the local bolivar currency slips in value against the dollar, anal[...]
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Chevron’s Venezuelan oil exports will not profit state-run PDVSA – Washington source
HOUSTON (Reuters) – A U.S. license allowing Chevron Corp to expand Venezuela’s oil production and export its oil will be designed to prevent the country’s state-run oil firm PDVSA to[...]
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Uber, delivery apps propose offering Mexico drivers social security
MEXICO CITY (Reuters) -Tech giant Uber and delivery apps DiDi and Rappi have proposed offering social security benefits to workers in Mexico for the first time ahead of a new government bill set to re[...]
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Colombian Congress approves royalties budget for 2023-2024
BOGOTA (Reuters) – Colombia’s Congress on Wednesday approved a budget for investing billions of dollars in royalties from hydrocarbons and mineral exploitation. The 31.3 trillion peso ($6.[...]
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Moody’s sees debt loads of large Latin American sovereigns likely staying high
MEXICO CITY (Reuters) – Moody’s Investors Service on Wednesday said the debt loads of large Latin American sovereigns will likely stay high, constraining governments’ ability to supp[...]
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