Telecom Italia SpA’s board proposed a share buyback of up to 400 million euros ($471 million) and a 1-for-10 reverse stock split, in order to review your asset profile after selling assets. The board of directors on Tuesday announced the company’s first share buyback in years, linking it to proceeds from the sale of Sparkle, ...
The president of Panama, José Raúl Mulino, ordered the temporary occupation of two ports operated by the Hong Kong company CK Hutchison Holdings Ltd., after a ruling by the highest court against the firm’s concession, which intensifies a dispute that has become a chapter in the rivalry between the United States and China in Latin ...
The years 2021 and 2022 were incredible in the automotive industry Chileanwith historical figures in sales and profitability. But today the sector faces an increasingly complex scenario, characterized by more competition and new brands breaking into the market, with a clear geographical differentiation: Asia prevails while firms from Europe and the United States retreat. And ...
The Mexican president, Claudia Sheinbaum said Tuesday that his government is considering legal action against mogul Elon Musk following a comment about her following his arrest over the weekend. of a powerful drug trafficking leader and the violent incidents that followed. In X, the social network you own, Musk, also CEO of Tesla, responded on ...
Global investors are piling into Latin American stocks at the fastest pace in a decade, driving markets across the region to multi-year highs. The stock markets of Brazil, Colombia and Mexico have seen an increase in foreign buying, helping to push the MSCI EM Latin America Index to an eleven-year high and up more than ...
The case of financier and sex offender Jeffrey Epstein still continues to have repercussions in the world, even after his death in 2019. Recently, the United States Department of Justice, DOJ, released millions of pages of documents that have exposed his ties to various powerful figures in the business world. These revelations have caused the ...
Cuban security advisors and doctors began to leave Venezuela while the government of interim President Delcy Rodríguez faces intense pressure from Washington to dismantle the most important leftist alliance in Latin America, according to 11 sources familiar with the matter. Rodríguez entrusted his protection to Venezuelan bodyguardsaccording to four of the sources, unlike the deposed ...
On the night of Wednesday, February 18, José María Balcázar, 83, became the new president of Peru, the eighth in a decade. With this, the return of the Peru Libre bench to power was completed just over three years since Pedro Castillo attempted a coup d’état. The legislator from Lambayeque, who won a seat by ...
The Venezuelan State owes the energy group Repsol 4.55 billion euros (US$5.37 billion)as revealed by the Spanish company in its annual financial report published on Thursday, in which the figure is disclosed for the first time. Repsol has been operating in Venezuela for more than three decades, has personnel on the ground and is an ...
The majority of the board of directors of Mexico’s central bank recognizes the persistent uncertainty about price pressures derived from the tariffs that the Mexican government has recently imposed on Asian imports, although he described the possible inflationary impact as “temporary and limited.” The preliminary assessment of import tariffs, in force for two months and ...
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