Orange has signed an agreement with the nanosatellite company OneWeb to promote connectivity with this technology in remote areas in Europe, Latin America and Africa.
The distribution agreement will allow Orange to integrate the OneWeb service with its corporate clients or other telecommunications…
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Latin America
Latin American air traffic growth slowed
Air passenger traffic in Latin America reached 31.3 million people transported in January, which is equivalent to 96.4 % of the figure registered in the same month of 2019, prior to the pandemic.
Thus, according to the monthly report…
Oil exports fell 8 % in January
Venezuela's oil exports experienced an 8 % drop at the end of January, as reported by Reuters, as a result of contract reviews requested by the new PDVSA president, Pedro Tellechea.
The new manager ordered in January to suspend "most…
Tesla will install a factory in Monterrey
The President of Mexico, Andrés Manuel López Obrador, has confirmed that Tesla will build a factory in the Mexican city of Monterrey, in the north of the country, becoming the first that the company will have in Latin America.
In his…
Judiciary of Peru reiterates provisional detention for Pedro Castillo
The Judiciary of Peru has dismissed the 'habeas corpus' that sought to annul the provisional detention of former President Pedro Castillo, accused of the alleged crimes of aggravated criminal organization, aggravated influence peddling and…
Bimbo’s profit in 2022 reached more than $2,000 million
Grupo Bimbo registered a net profit of approximately 2,500 million dollars in 2022, almost tripling the result obtained in the previous year, when it reached a figure of more than 800 million dollars, that is, 195 % more.
According to the…
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…
China will represent 25% of the Latin American market
25% of the commercial exchanges carried out by Latin America in the year 2035 will be with China, which translates into figures of a total of 700,000 million dollars, double what the Asian giant represented for the region in the year 2020 .…
Argentina will impose strict rules for cryptocurrency companies
The Argentine National Securities Commission announced that it will implement stricter rules for cryptocurrency companies in the country. The measure seeks to guarantee the protection of investors and prevent illegal practices in the…
Inflation in Ecuador falls six tenths in January
The Consumer Price Index (CPI) of Ecuador fell to 3.12 % year-on-year in January, which represents a drop of six tenths compared to the December figure, when it stood at 3.74 %.
Such a low figure has not been given since last April, when…
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…