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Uber’s Latin American stronghold pursued by SoftBank-funded rivals
Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst of any region......»»
Delta swings from market weakness to strength in Latin America
A surprise $1.9 billion investment by Delta Air Lines in LATAM Airlines Group is likely to fire up competition in South America as the weakest U.S. carrier in the region joins up with the strongest homegrown player......»»
Softbank names Ralf Wenzel to oversee joint ventures in Latin America
Japan's Softbank Group Corp named entrepreneur Ralf Wenzel as chief executive at its Latin American Tech Hub, with the goal of creating joint ventures among Softbank-backed companies in an effort to expand in the region......»»
Which Charlotte-area companies made the Dow Jones Sustainability Index?
Four companies with headquarters in the Charlotte region have made the 2019 Dow Jones Sustainability Index for North America, and two have also made the world index. The index recognizes the economic, social and environmental efforts of major corpor.....»»
IBM plans release of Cloud multizone region in Latin America by late 2020
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Caterpillar Bulldozes Ahead as Tariff Delay, Rising Sales Give Shares a Boost
An increase in Caterpillar's global sales is powered by a 9% jump in heavy equipment sales in North America and a 20% rise in Latin America, which offset a decline in China and in the Asia/Pacific region as a whole......»»
Fras-le announces results for 2nd Quarter - 1st six months of 2019
CAXIAS DO SUL, Brazil, Aug. 12, 2019 /PRNewswire/ -- Fras-le S.A. (B3 – "FRAS3"), which is one of the members of Empresas Randon, and is widely recognized as the largest manufacturer of friction materials in Latin America and a world leader, has announ.....»»
AB InBev profits as beer sales growth hits five-year high
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa and a later Easter......»»
AB InBev beats expectations as beer sales growth hits five-year high
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa......»»
Marvel touts diversity in next wave of movies
As comic book and pop culture fans descended on the San Diego Comic-Con last weekend, a new study showed how men still rule the fictional superhero world. The study by BBC America and the Women's Media Center found that 36 percent of boys name a .....»»
Airbus aims to sell more than 1,000 planes over 15 years in Latin America, Caribbean
European planemaker Airbus SE plans to sell more than 1,000 new passenger planes in the next 15 years in Latin America and the Caribbean, meeting about half the demand expected in the region, an executive of the company told Reuters.    .....»»
Countries Where Women Are Most and Least Equal to Men
The best region of the world to be a woman? Scandinavia. The worst? Central Africa. That’s the takeaway from a study just released by Equal Measures 2030, a U.K.-based NGO that collects data on........»»
Ikea says it will open first Mexico store in 2020
IKEA, the world's largest furniture retailer, will open its first store in Mexico in the fall of 2020, the company said on Wednesday, as the furniture retailer expands in Latin America to counter growing competition in its core U.S. and European markets......»»
Japan"s SoftBank taps into Mexican fintech startup Clip: sources
Japan's SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter......»»
Huawei partners with local retailers to sell flagship smartphones in Brazil
China's Huawei Technologies Co Ltd on Tuesday launched two high-end smartphone handsets in Brazil, making its second attempt to penetrate the world's fourth-largest smartphone market, broadening its footprint in Latin America......»»
Exclusive: PepsiCo Has a New CEO of Latin America—And a New Most Powerful Woman
Paula Santilli has been promoted into the role. When Indra Nooyi stepped down as CEO of PepsiCo last year after a 12-year run, it was a depressing reminder of how few women make it to the highest levels of corporate America. Her departure.....»»
Here"s where the world"s ultra-wealthy live
Alessandro Bianchi / Reuters Most people whose personal wealth is more than $500 million are located in North America, Asia and Europe. Fewer than 15% of half-billionaires live in the Middle East, Australasia, Russia & CIS, Latin America, and Africa com.....»»
The U.S. used to be a world leader in women working. Not anymore.
The International Monetary Fund says America isn't doing enough to help working women, and it will hurt the country's economy in the coming years......»»
Hezbollah Said to Be Laundering Money in South American Tri-Border Region
Hezbollah is tapping a money-laundering ministate in Latin America that poses an escalating risk to U.S. national security, according to a report published Tuesday......»»
Major Oil Companies Embrace Latin America
The world’s largest energy companies are placing enormous bets on Latin America, a region rich with oil that many avoided in the past......»»