David Velez, eThe billionaire co-founder and CEO of Nu Holdings Ltd., sold shares for the second time on Wednesday since a 2021 initial public offering. Velez disposed of 31 million shares, or about 3% of his total stake, through his trust Rua California Ltd. to raise US$404 million, according to a documentThe sale is intended ...
The Chilean government announced on Friday that it will move forward with a process of expiry of the local unit’s electricity supply concessionof the Italian company Enel after failures to restore service. The process began after prolonged service outages following a storm with strong winds that affected the central part of the country at the ...
Eurozone productivity barely improved in the second quarter and again did not meet the expectations of the European Central Bank, which is a major blow to its efforts to bring inflation back to 2%. Labour productivity per capita fell by 0.4%, according to new data published by the ECB. This follows a decline of 0.5% ...
The first case of monkeypox, or mpox lo, outside of Africa, with the more contagious variant, was reported by authorities on Thursday According to reports from the Swedish Public Health Agency, the first case of a new contagious variant of mpox (or monkeypox) has been reported outside the African continent. The person became infected during ...
The Economic Commission for Latin America and the Caribbean reviewed the economic growth forecasts for the region for this year and 2025 and confirmed that, in the case of Colombia, GDP growth in 2024 will be 1.3%, while next year this figure will increase to 2.6%. In May, the Cepal had published its growth forecasts ...
There was once again a drop in the amount and number of M&A deals in Latin America. According to reports from TTR Data, In July, 176 transactions were recorded, both announced and closed, for an aggregate amount of US$2.806 billion. But these figures imply a 24% annual drop in the number of businesses generated for ...
A government study published Monday in Stockholm He highlighted several features of his preferred model to provide certainty to investors. Financing instruments include government loans to support construction and 40 years of guaranteed income through a contract for difference or CfD.. The Nordic nation is in urgent need of new power capacity as demand is ...
The Chancellor of the Republic, Luis Gilberto Murillocommented from his X account that he held a meeting with the US Secretary of State, Antony Blinken, and with political and official sectors of Venezuela within the framework of the political and electoral situation that the neighboring country is going through. “We remain in contact with all ...
There is no doubt that avoiding the most harmful effects of climate change requires phasing out coal-burning power plants, the largest source of carbon dioxide emissions. However, the opposite is happening. Even though Earth’s temperatures are breaking new records and Scientists warn that the climate is reaching dangerous tipping points, The amount of coal consumed ...
Financial Daily – Santiago In the context of the process of expiry of Enel’s concession and the ultimatum given by the Government for the company to reestablish the supply to all customers who are still without electricity, within a period of 72 hours, the Minister of Energy, Diego Pardow, clarified that the procedure will not ...
