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Tag: FINANCE

Abstract representation of exploration and investment in natural resources, featuring earthy tones and geometric shapes.
Business / Companies

Alpha Exploration Extends Private Placement to Enhance Eritrea Exploration

May 16, 2025May 16, 2025 - by Carmen Mendez - Leave a Comment

Alpha Exploration Ltd. has extended the closing date for its second tranche of a private placement aiming to raise up to $6 million. The funds will support the Kerkasha Project …

Alpha Exploration Extends Private Placement to Enhance Eritrea Exploration Read More
Business

Americanas Reports Q1 Loss of 496 Million Reais, Blames Easter Timing

May 15, 2025May 15, 2025 - by Liam Nguyen - Leave a Comment

Americanas reported a Q1 net loss of 496 million reais, a stark decline from last year’s profit due, in part, to the Easter holiday falling into the second quarter. Adjusted …

Americanas Reports Q1 Loss of 496 Million Reais, Blames Easter Timing Read More
Business / economics

Milei Strengthens Peso Strategy Ahead of Critical Midterm Elections

May 15, 2025May 15, 2025 - by Allegra Nguyen - Leave a Comment

With only five months until Argentina’s midterm elections, President Javier Milei is focusing on strengthening the peso as a key campaign strategy. His administration has lifted some currency controls, introduced …

Milei Strengthens Peso Strategy Ahead of Critical Midterm Elections Read More
Business / economics

MercadoLibre Reports Strong Q1 Earnings Boosted by Argentine Market Growth

May 9, 2025May 9, 2025 - by Carmen Mendez - Leave a Comment

MercadoLibre’s first-quarter earnings surged, with a 44% profit increase to $494 million. Total revenues reached $5.9 billion, exceeding forecasts. Argentina saw a remarkable GMV growth of 126%, solidifying its status …

MercadoLibre Reports Strong Q1 Earnings Boosted by Argentine Market Growth Read More
Business

MercadoLibre Surpasses Profit Expectations as Business in Argentina Thrives

May 8, 2025May 8, 2025 - by Marcus Chen - Leave a Comment

MercadoLibre posts stronger-than-expected earnings in Q1 2025, with EPS at $9.74 and revenue at $5.94 billion. The company plans to invest significantly in Brazil and expand its workforce across Latin …

MercadoLibre Surpasses Profit Expectations as Business in Argentina Thrives Read More
Business

Ecopetrol Reports 22% Q1 Profit Decline Amid Geopolitical Strains

May 7, 2025May 7, 2025 - by Liam Nguyen - Leave a Comment

Ecopetrol reported a 22% drop in Q1 profits, with revenue falling short of estimates at $7.32 billion. The decrease is primarily linked to geopolitical tensions impacting oil prices. In response, …

Ecopetrol Reports 22% Q1 Profit Decline Amid Geopolitical Strains Read More
Business

Kayelekera’s $200 Million Comeback: Malawi Invests in Nuclear Energy Revival

May 7, 2025May 7, 2025 - by Allegra Nguyen - Leave a Comment

Malawi is revitalizing its Kayelekera Uranium Mine through a $200M investment from Lotus Resources, aiming to capitalize on the global nuclear energy revival. Scheduled to restart in Q3 2025, the …

Kayelekera’s $200 Million Comeback: Malawi Invests in Nuclear Energy Revival Read More
Business / Companies

Hoxton Wealth Reveals Financial Planning Insights for Expats in Qatar

May 2, 2025May 2, 2025 - by Allegra Nguyen - Leave a Comment

Hoxton Wealth’s event in Doha revealed that over 70% of expats are unsure about tax implications of their assets. Many prioritize wealth accumulation and retirement, yet only 35% have financial …

Hoxton Wealth Reveals Financial Planning Insights for Expats in Qatar Read More
Business

Eni Confirms Major Oil Discovery at Capricornus 1-X Well in Namibia

April 25, 2025April 25, 2025 - by Allegra Nguyen - Leave a Comment

Eni has confirmed an oil discovery at the Capricornus 1-X well in Namibia’s Orange Basin, highlighting a key development in the region’s energy sector. This discovery may enhance Eni’s production …

Eni Confirms Major Oil Discovery at Capricornus 1-X Well in Namibia Read More
Business / economics

South Africa Reverses Planned VAT Increase Amid Political Opposition

April 24, 2025April 24, 2025 - by Liam Nguyen - Leave a Comment

South Africa’s finance ministry has decided not to increase VAT from 15% as planned due to political opposition. This decision will result in a significant revenue shortfall of approximately 75 …

South Africa Reverses Planned VAT Increase Amid Political Opposition Read More

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