Globant (NYSE: GLOB), a digital native company focused on reinventing business through innovative technology solutions, announced a five-year, $1 billion investment plan in Latin America to bolster its presence throughout the region.
Among the various initiatives that are part of this investment…
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Investment in Latin America exceeded $ 200 million in 2022
Foreign direct investment (FDI) in Latin America and the Caribbean reached the figure of 224,579 million dollars in 2022, which represents a growth of 55.2 % compared to the previous year and the highest record in the historical series.
As…
Netflix to invest millions in South Korean content
Netflix announces a $2.5 billion investment in South Korean content over the next four years, as confirmed by streaming platform CEO Ted Sarandos after meeting with South Korean President Yoon Suk Yeol in Washington.
In a statement,…
Tesla to build battery factory in Shanghai
The American company Tesla, led by Elon Musk, will build a new factory for energy storage batteries in Shanghai. It is estimated that the works begin in the third quarter of the year.
Tesla has a first plant of megapacks, as it is called…
79th Annual Assembly of Fedecámaras will be in Maracaibo
The president of Fedecámaras, Carlos Fernández, indicated at a press conference on March 1st that the organization's 79th Annual Assembly will be held from July 20 to 23 in the city of Maracaibo, Zulia state.
The participants will analyze…
Texas leads renewable energy business
The state of Texas was at the time the starting point for the extraction and commercialization of oil in the United States. It now leads the renewable energy market.
According to recent reports, windmills and solar panels are now…
Robinhood launches its cryptocurrency wallet for iOS
Robinhood, the popular online investment platform, has launched its own cryptocurrency wallet on iOS, which will allow users to buy, sell and store cryptocurrency directly from the app.
The Robinhood wallet offers support for Bitcoin,…
76% of Spanish companies will increase their investments in Latin America in 2023
76% of Spanish companies plan to increase their investments in Latin America in 2023, which leads to 79% being confident that their turnover in the region will increase in the next three years, reaching a higher weight than Spain for 51% of…
Latin American startups generated $8.1 billion in 2022
Latin American startups led by Brazil and Mexico raised $8.1 billion in venture capital in 2022, according to a report by Endeavor and Gisco Partners. Despite the fact that the figure is 47 % lower than that of 2021, this year has been…
Ford will build a battery factory for electric cars in the US
Ford will invest 3,500 million dollars (about 3,254 million euros at current exchange rates) in the construction of a lithium-ferrophosphate (LFP) battery factory for electric vehicles in Michigan (United States), as announced by the car…
Venezuela and Colombia sign investment agreement
This Friday the President of the Republic, Nicolás Maduro, signed an agreement for the promotion and reciprocal protection of investments with the Republic of Colombia, in order to strengthen economic development between both nations.
The…
IDB will allocate strong investment to Colombia
The Inter-American Development Bank (IDB) will allocate 73.5 million dollars to Colombia to promote the energy transition and to implement the Plan to Contain Deforestation in the Amazon.
The announcement took place during the bilateral…