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Grupo Éxito. Foto: Reuters.
Grupo Éxito migrates stores to the Éxito and Carulla brands

There will be around 40 Surtimax, Super Inter and Surtimayorist points of sale that will be converted to these two great brands.

YPF. Foto: Reuters.
Argentine oil company YPF earned US$657 million in the first quarter

By segment, billing for its upstream business increased by 14.2% and 51.6% in the gas and energy business. On the contrary, the company invoiced 3.2% for its downstream business.

crédito Reuters
Repsol denies responsibility on Peruvian oil spill, but claims it still moved on "from the moment one" to contain it.

Counselor Josu Jon Imaz noted that the incident originally responded to "a movement of the ship transporting the oil", but the company "did not limit itself" to saying that it was the responsibility of the shipping company. This Friday, the Spanish oil firm approved a series of resolutions at its annual shareholders meeting.

crédito foto Gobierno de Perú
ICSID determines that the Peruvian state must compensate Kuntur Wasi with US$91 million

For arbitrary and unjustified termination of the Concession Contract for the construction and operation of the Chinchero Airport in Cusco.

Fuente: Petrobras
Bolivia negotiates with Petrobras to invest in exploration included in the gas sale agreement

This issue is expected to be addressed at the meeting held by the presidents of Bolivia and Brazil, Luis Arce and Luiz Inácio Lula da Silva, respectively, in Santa Cruz, in July.

    Foto tomada en el evento.
    Diego Cavero of BCP: “Sustainability is at the highest level of business and strategy”

    The BCP CEO highlighted the need to rethink the role of financial institutions in a post-pandemic world, focusing on financial inclusion, support for micro businesses, and empathy through initiatives such as the Yape digital wallet.

    Pemex. Foto: Reuters.
    Mexico weighs options to absorb Pemex debt for US$40 billion

    The plan would be gradual and implemented over the next six years, and any significant operation would require legislative changes.

    Foto vía comunicado.
    Maersk launches air cargo gateway in Miami to serve US, Asian and Latin American markets

    The 8,000 square meter facility is expected to have significant flows and offer key certifications such as a US Customs Clearance for Container Cargo and Certified Cargo Inspection Facility .

    Braskem. Foto: Reuters.
    Brazilian petrochemical company Braskem closes the first quarter with losses of US$ 264 million

    However, compared to the fourth quarter of 2023, the company has managed to cut its losses by 15%.

    Foto Reuters.
    Brazil's Petrobras ordered to evaluate impact from offshore drilling on Amazon indiegenous

    The requirement represents a new obstacle for the company's attempts to drill an exploratory well about 175 kilometers from the country's northernmost coast, amid increased resistance from local indigenous leaders in the state of Amapa.

    Petrotal. Foto: Andina.
    Petrotal posted solid financial and operational results in the first quarter

    It achieved average sales of 18,347 barrels of oil per day (bopd) and production of 18,518 bopd.

    Tianqi. Foto: Reuters.
    Tianqi considers legal action against possible association between SQM and Codelco

    Tianqi Lithium CEO Frank Ha insists that the pact must be voted on by shareholders, and warns that he will not hesitate to take legal action.

    Gloria. Foto: Andina.
    Grupo Gloria closes its operations in Uruguay

    The Peruvian conglomerate reported that this is an exclusively business decision.

    Alusiva BBVA crédito foto Reuters
    BBVA launches hostile takeover bid for 100% of Banco Sabadell

    The offer is conditional on obtaining more than 50.01% of Sabadell's equity, the approval of the capital increase by the BBVA shareholders, and the approval of the National Markets and Competition Commission (CNMC) and the UK Prudential Regulation Authority.

    Foto vía comunicado.
    Alimentos Polar is committed to the diversification of its products to expand to more markets in Latin America

    In the last three years, the Venezuelan company grew 67% in the markets of Peru, Chile and Ecuador. In the Inca country, it seeks to continue conquering distribution channels, driven by the opportunity represented by the versatility of PAN flour, breading and, more recently, malt.

    aviones de Delta, crédito foto Reuters
    Delta readies to conquer Latin American skies

    The US airline recognizes that the Latin market is crucial due to growing in both business and leisure travel. Its 2022 alliance with Latam is positioning it as the main airline operating on the Americas.

    Micron. Foto: Reuters.
    Micron Technology will open a new engineering and operations center in Mexico

    The new location will focus on dynamic random access memory (DRAM) product development and information technology operations.

    Petroperú. Foto: Andina.
    Petrotal will invest US$ 5 million in the acquisition of Lot 131 in Peru

    The production of 900 barrels per day (bopd) from Lot 131 will be added to that of oil, which currently stands at 18,500 bopd.

    Fuente: Reuters
    Insurers facing climate change in Latin America: how to expand coverage in the midst of the crisis?

    According to Boston Consulting Group, drawing up expansion plans related to the energy transition and building alliances with the public sector are some of the key strategies to overcome rising expenses in this new era.

     

    Bogotá. Foto: Unsplash.
    Tourism in Colombia rebounded to 7.6% during the first quarter

    The Ministry of Commerce, Industry and Tourism reported that 1.6 million travelers arrived in the country.