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The South African rand has rebounded by 0.7% against the dollar, driven by rising gold prices and a surge in vehicle sales. Despite ongoing challenges in the manufacturing sector, the …
June South Africa Rand Forecast: USD/ZAR Soars Toward R17 on Auto Sales, SARB Cuts Read More
Colombia’s Bicentenario pipeline has ceased operations due to an attack, prompting concerns regarding energy infrastructure safety and investor confidence in the oil sector. Analysts are urging for improved security and …
Colombia’s Bicentenario Pipeline Stops Pumping After Attack: Operator Read More
The Brazilian government has renewed tariffs and import quotas on steel products to protect domestic manufacturers from rising imports. This decision reflects the ongoing challenges within the steel market and …
Brazil Renewed Steel Tariffs and Quotas Amid Market Challenges Read More
Vale S.A. has approved a 6 billion reais local debt issuance aimed at strengthening its financial situation. This comes after a 17% drop in net profit attributed to falling iron …
Vale S.A. Approves 6 Billion Reais Local Debt Issuance Amid Economic Challenges Read More
YPF reported a net loss in Q1 due to increasing debt and operational costs. Despite an expected $8 billion surplus in Argentina’s energy trade balance, analysts warn of ongoing risks …
YPF Reports Net Loss Amid Rising Costs and Debt Concerns Read More
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
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
Braskem S.A. has reported a 4% decline in resin sales volume in Brazil for Q1 year-on-year. The situation is compounded by a credit downgrade from Moody’s, which lowered its rating …
Braskem Reports 4% Year-on-Year Decline in Q1 Resin Sales Volume in Brazil Read More
Oil prices stabilized amid weak trading following concerns over new U.S. tariffs potentially impacting global demand. Brent crude futures were at $74.49, and WTI at $71.23. Analysts highlight a cautious …
Oil Prices Stabilize Amid Anticipated New Tariffs Read More
President Trump is expected to announce reciprocal tariffs today during an event referred to as ‘Liberation Day.’ The tariffs will immediately affect imports and could have significant repercussions on US …
Trump’s Upcoming Tariff Announcement on Liberation Day: Key Insights Read More