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Fuente: Uruguay XXI
Montevideo is positioned as the city with the most expensive square meter in Latin America

The data corresponds to a new measurement carried out by the Torcuato Di Tella University of Argentina in 13 cities in 8 countries.

Foto Reuters
Chilean SQM's profits fall 73% in Q3, hit by falling lithium prices

The world's second-largest lithium producer reported profits of US$131.4 million between July and September, compared to US$479.3 million recorded in the same period in 2023.

Foto CBB
Peruvian Yura and American MLC clash over shares in Cementos Bío Bío

Last week, Yura, from the Peruvian Gloria group, launched a takeover bid for 20% of the cement company CBB, however, months ago, the US giant had already made an offer for 100% of Bío Bío.

Fuente: Reuters
BHP Mining Company Prepares Investments of Up to US$13.7 Billion in Chile

A large part of these resources - 78% according to Diario Financiero - will be used to improve Escondida, the most productive copper mine in the world.

Foto Unsplash
Critical minerals in Latin America: protagonists of electromobility

Many of the raw materials needed for a transition to zero-emission modes of transport are found in nations in the region, which face a double challenge. On the one hand, they will have to move towards effective and sustainable extraction with added value of these commodities . But they will also have to implement policies that allow for adequate incentives for the use of these technologies locally.

Fuente: APEC CEO Summit
Martín Migoya, CEO of Globant: Why is this the best time for unicorns in Latin America?

The CEO of the software firm explains the impact of the deregulation of the Argentine economy on startups and the potential that AI has in business operations.

Fuente: La Razón
Bolivia would transport Argentine gas to Brazil through its gas pipelines

The Brazilian government's goal is to import Argentine gas as soon as possible and at the lowest cost, so Bolivian gas pipelines are the best option.

    Fuente: Gobierno de Colombia
    Colombia resumes energy exports to Ecuador and seeks to enable new transmission line

    Ecuador's energy minister explained that the average hourly capacity delivered by Colombia on Sunday was 420 megawatts, while this Monday it will be 440 MW.

    Fuente: Sergio Herrera Deza
    APEC CEO Summit 2024: Why solar and green hydrogen will dominate mining in the future

    With demand for copper increasing globally, executives recognize the need for methods to reduce electricity costs and CO2 emissions in equal parts.

    Fuente: YPFB
    Bolivian YPFB activates "aggressive" import plan to increase fuel volumes

    “We are maximizing volumes from other points such as Argentina and Paraguay,” said Gabriela Delgadillo, YPFB’s Derivative Products Manager.

      Fuente: Puerto de Valparaíso
      Chilean experts stress that Valparaíso should compete with the new megaport of Chancay

      It is worth mentioning that the first stage of the Chancay mega port in Peru alone would have an annual operating capacity of 1 million containers.

      Fuente: Reuters
      Montevideo port authorities approve new docking regulations for container ships

      The National Port Administration of Uruguay (ANP) has drawn up new regulations and repealed the previous ones.

      Fuente: Reuters
      Brazilian meat producer JBS almost multiplies its profits by six times between January and September

      On the other hand, sales rose in the third quarter to US$ 19,926 million, which represents an increase of 6.4% compared to the same period of the previous year.

      Fuente: Reuters
      Brazilian meat producer Marfrig sells industrial plant to Viva group for US$ 17.3 million

      The plant is located in the city of Bataguassu, in the State of Mato Grosso do Sul, Brazil.

      Fuente: Reuters
      Brazilian airline Azul cuts losses by 40.9% year-on-year from January to September

      Revenues rose 2.3% year-on-year to 13.98 billion Brazilian reals (US$2.42 billion).

      Fuente: Agencia Andina
      Chancay Megaport opens today in Peru with the presence of 16 APEC leaders

      It will be the first Pacific logistics center in Latin America.

      Foto Reuters
      Nubank reported US$ 553.4 million in profit in the third quarter of 2024

      During this period, the Brazilian neobank added 5.2 million customers, making a total of 109.7 million

      Fuente: Reuters
      Uruguay expects more Argentine tourists in 2025, but Brazil threatens to lower prices

      The South American giant is also cheap for Argentines and is becoming an economically convenient destination for the first time in years.

      Fuente: Reuters
      Chilean Falabella earns US$265 million in profits until September compared to losses in 2023

      In addition, sales have increased by 6% year-on-year, exceeding US$ 8.743 billion.

      Fuente: Sacyr
      Spanish company Sacyr wins concession for the Ruta 68 highway in Chile with an investment of US$ 1.6 billion

      This route is one of the largest tenders ever carried out by the Chilean Ministry of Public Works.