SAO PAULO (Reuters) – Passenger revenue at Latin America’s No. 2 airline, Avianca Holdings AVT_p.CN, has fallen 51% for the year as of early June compared with a year ago, the carrier said, in a look into the dire financial toll that the coronavirus has taken ... More »
MEXICO CITY (Reuters) – Latin American delivery app Rappi plans to almost double the number of cities it operates in by year’s end, its co-founder said on Friday, following a $1 billion injection from Japan’s SoftBank that signals growing foreign interest in t... More »
SAO PAULO (Reuters) – U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent’s s... More »
Luis Alberto Moreno, President of the Inter-American Development Bank, speaks next to Paraguayan Finance Minister Santiago Pena at BID’s Annual Meeting of the Board of Governors in Asuncion, Paraguay April 2, 2017. REUTERS/Mario Valdez The United States, histo... More »
Pedestrians walk by the main entrance of the Buenos Aires Stock Exchange, Argentina, April 18, 2016. REUTERS/Marcos Brindicci – RTX2AHAB Latin American governments and companies could soon step up bond sales, seizing on an increased appetite for deals as a reg... More »
LA PAZ A Bolivian avant-garde restaurant hopes this week to serve a well-known non-paying customer and receive a holy seal of approval for its new creation: a quinoa-based communion wafer. Chefs at the restaurant, Gustu, in La Paz expect Pope Francis to receiv... More »
