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FEMSA. Foto: Reuters.
Mexican conglomerate Femsa reports profits of US$343 million in the first quarter, a drop of 88.3%

This result is attributed to a challenging comparison base with the first quarter of 2023, which included extraordinary gains from the reclassification of the investment in Heineken

Empleo México. Foto: Reuters.
Unemployment rate in Mexico reached its historic low in March with 2.3%

The unemployment rate has accumulated levels below 3% for 17 months; the decrease was accompanied by a recovery in employment levels and better working conditions.

Foto vía Enap.
Enap union in Chile announces protests after dismissal of 50 workers

Of the separations carried out by the firm, fifteen of them took place in the Bío Bío region.

Foto vía comunicado.
Chilean scaleup SimpliRoute arrives in Brazil

However, they already had several dozen clients before the official arrival, such as Jadlog, Kisabor and Manía Foods.

IA. Foto: Xinhua.
Blinken announces AI talks with China as White House prepares Security Council

The Secretary of State of the North American country said that both countries are scheduling their first official conversations about the risks and concerns associated with AI.

Noboa. Foto: Reuters.
Ecuador's country risk falls 40 points after agreement with IMF

There is still expectation about what the agreements consist of and the numbers being handled.

FED. Foto: Reuters.
Inflation in the US rose to 2.7% in March

While the underlying index, which excludes food and energy prices from its calculation due to their greater volatility, closed with an increase of 2.8%, in line with the previous month's data.

Exportaciones. Foto: Europa Press.
Mexican exports fell 5.3% in March

According to the National Institute of Statistics and Geography (Inegi), they were mainly affected by the manufacturing, oil and extractive industries.

Senado. Foto: Reuters.
Inactive Afores will finance the new Pension Fund for the Wellbeing of Mexico

The Retirement Fund Administrators (Afores) will have a period of 60 days from the constitution of the Fund to transfer the US$ 2,333.8 million of unclaimed savings in inactive accounts.

Fuente: Agencia Andina
Peru is positioned as the world's main exporter of blueberries and quinoa grains

Likewise, the Andean country is considered the second largest exporter of fresh avocado, Amazon chestnut and ginger, and the third largest exporter of canned hearts of palm.

Fuente: Reuters
CEO of Falabella affirms that he hopes to complete new important asset sales by 2025

According to data compiled by Bloomberg , the company's shares have rallied 40% since late October, while fourth-quarter earnings beat projections.

Fuente: El Economista
Arca Continental, Coca-Cola bottler in Mexico, earns US$ 221 million in the first quarter

Net sales also remained stable compared to the previous year, reaching 50,743 million Mexican pesos (US$ 2,982 million), 0.1% more compared to the first three months of 2023.

Fuente: YLB
Bolivia: YPFB invests in hydrocarbon exploitation, while lithium carbonate production takes off

During last year, Bolivia's state oil company invested US$539.74 million in various activities in the hydrocarbon chain. Likewise, the Vice Minister of Exploration and Exploitation projects large income from the commercialization of lithium and potassium derivatives.

Fuente: Reuters
Grupo Éxito launches new digital payments platform with a view to supporting businessmen and entrepreneurs

Kiire, Éxito's initiative, will allow users to receive payments such as dataphones, QR codes and use NFC technology: tap to phone .

AFP. Foto: Andina.
Debate resurfaces for the seventh AFP withdrawal in Chile

The project seeks to allow members to withdraw up to 15% of the money accumulated in their pension savings accounts despite the fact that 12% already have a zero balance.

FMI. Foto: Reuters.
Ecuador would receive support of US$ 4,000 million from the IMF

The announced personal agreement, still subject to the approval of the Administration and the Executive Board of the IMF, would provide support to the economic policies of the South American country for the next four years.

Litio boliviano. Foto: Reuters.
YLB expects to more than triple its revenues and obtain US$ 75 million

In 2023, the state lithium company's income only reached US$22 million, a drop of 71.8% compared to what was achieved in 2022, which was US$79.8 million.

faena de SQM crédito Reuters
Chinese Tianqi Lithum will insist on an extraordinary shareholders meeting regarding the Codelco-SQM alliance

"We have expressly reserved shares to ensure compliance with current regulations and protect the rights of minority shareholders," said the representative of Tianqi during the ordinary meeting held on Wednesday.

Cemex. Foto: Reuters.
Cemex recorded profits of US$ 254 million in the first quarter

The company's turnover also increased by 3% due to its operations in Central America, South America and the Caribbean.

Walmart. Foto: Reuters.
Walmart de México and Central America earned close to US$ 775 million in the first quarter, 14.4% more

By markets, billing in Mexico grew by 12.2% compared to the first quarter of the previous year, reaching US$ 11,170.7 million, representing 84% of its total turnover.

FED. Foto: Reuters.
US GDP falls by half with 0.4% in the first quarter

The Office of Economic Analysis of the Department of Commerce reminds that these readings are still incomplete and may be subject to future review.

faena los Bronces en Chile de Anglo American crédito foto Reuters
BHP seeking to buy Anglo American and become the world's largest copper producer

In Chile, Anglo American owns Los Bronces and el Soldado, and has a stake at the Inés de Collahuasi mining company. In Peru, it owns the Quellaveco mine. BHP is a partner in the Antamina project in Peru, while in Chile it owns Spence, Escondida and Cerro Colorado fields, and it also has operations in Brazil and Arizona, USA.

Comunicaciones Subrei
Chile and the United Arab Emirates finalize negotiations to sign an economic-trade agreement in 2024

The Comprehensive Economic Association (CEPA) is the first agreement that Chile signs with the Middle East, which represents a strategic opportunity to insert itself in that region.

Cirion vía comunicado.
Cirion Technologies: second data center in Lima aims to be the base of its technological hub in Peru

With this new infrastructure, three times larger than its predecessor and which will be inaugurated during the first quarter of 2025, the company seeks to create an integrated environment that drives innovation and connects companies in the region.

Joe Biden, Reuters
Joe Biden signs law banning TikTok in the United States

TikTok's CEO said the company hopes to win a legal challenge to block this legislation, which he says would ban the popular short-video app used by 170 million Americans.

crédito foto Wulianye website
Wuliangye, the premium Chinese liquor that wants to grow in Latin America

Chinese authorities promote it as one of the country's cultural symbols along with silk, tea, ceramics, martial arts and calligraphy.

Bandera de México
Mexico's high fiscal deficit worries the market and investors, according to Citi

This year, the North American country presents a fiscal deficit close to 6% of GDP, one of the most pronounced among its development peers in the region, just below Brazil.

Crédito foto CCS
Chile creates public-private committee to implement a 40-hour Law

The objective of the instance is to have close monitoring of the particular situations that may arise in companies.

Alpek vía página web.
Alpek comes out of losses and reports profits of US$ 8 million in the first quarter

The Mexican petrochemical company has indicated that it remains on track with its structural cost reduction initiatives and will evaluate additional opportunities that will take place throughout the year.

Alsea. Foto: Europa Press.
Alsea earned almost US$26 million until March, 22% less

Alsea México's sales represented 56.1% of consolidated sales in the first quarter of 2024, registering an increase of 13.1%, up to US$ 593 million.