Business
Mexico’s Grupo Bimbo Suspends Operations in Ukraine Plant, Citing Safety Concerns
Mexican beadmaker Grupo Bimbo said on Sunday it has temporarily suspended operations in its Dnipro plant to ensure the safety of its 150 workers, all of whom are Ukrainians,...
Latin American Apparel Exports Seen Growing 10 Percent
Latin America’s apparel exports are expected to increase sharply this year as U.S. brands boost orders south of the border to help ease supply chain woes. However, a dearth...
Latam E-Commerce Giant Mercadolibre Reports Q4 Net Loss Of $46.1 Mln
South American e-commerce giant MercadoLibre Inc (MELI.O) missed analysts' forecasts after posting a fourth quarter net loss on Tuesday, despite a surge in sales.
The company reported a quarterly net...
How War in Ukraine Threatens the World’s Economic Recovery
Russia's invasion of Ukraine carries huge risks for a world economy that's yet to fully recover from the pandemic shock.
The conflict already looks like the most serious war in...
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Bukele Announces 52 Reforms to Attract Investments To El Salvador
The Legislative Assembly of El Salvador is today studying a package of 52 reforms sent by President Nayib Bukele to attract foreign investment through tax incentives.
“I am sending 52...
Walmart Is Trying to Get Out of Some Central American Countries
Walmart de México y Centroamérica, through its board of directors, has announced that it is considering “strategic alternatives” with respect to its operations in El Salvador, Honduras and Nicaragua,...
