PepsiCo Inc. said that consumers reduced their spending in the second quarter, slowing its efforts to revitalize its snack business in North America. The manufacturer of Doritos, Lay’s and Gatorade saw a 2% drop in revenue from its North American food business and stagnant sales volume after taking steps earlier this year to cut prices …
IMF raises Brazil’s growth forecast for 2026 from 1.9% to 2.4% by 2027
Charlie
He International Monetary Fund, IMF, revised upward Brazil’s growth forecasts in 2026. In a report published on Wednesday, the entity now estimates that Brazilian GDP will grow 2.4% this year, an increase of 0.5 percentage points compared to the forecasts published in April. By 2027, the new estimate of IMF It is an expansion of …
SpaceXAI and Cursor present Grok AI model for coding and finance tasks
Charlie
SpaceXAI has presented a new artificial intelligence model created in collaboration with AI coding startup Cursor, designed to be more effective in financial, legal and programming tasks, in an attempt by Elon Musk’s company to gain ground on rivals as Anthropic PBC and OpenAI. The software, called Grok 4.5, marks the first AI model developed …
Sánchez recognizes defeat days after Fujimori was proclaimed president of Peru
The leftist Roberto Sanchez recognized his defeat days after the right-wing Keiko Fujimori was proclaimed as president-elect of the country, according to a release released on Monday by his Together …
Poverty in Paraguay registered 3.6% in the last year due to an increase in social spending
The president of Paraguay, Santiago Pena, highlighted the reduction of poverty and the strengthening of government housing and feeding school during the presentation of its annual report on social indicators …
Study revealed negative salaries, economic pessimism and Milei wear and tear
Inflation stopped occupying the extreme levels of concern that marked much of recent years, but that did not necessarily translate into a perceptible improvement for broad sectors of society. Salary, …
