MercadoLibre’s Q1 Profit Surges 44%, Fueled by Strong Argentine Market Activity
MercadoLibre reports a 44% profit increase, totaling $494 million in Q1, exceeding expectations. Revenue reached $5.9 billion, spurred by rapid...
Business
YPF Reports Net Loss in Q1 2025 Amid Growing Financial Challenges
YPF reported a net loss in Q1 2025 due to rising debt and costs. The company's challenges reflect broader economic...
MercadoLibre Surpasses Q1 Profit Estimates as Argentine Business Thrives
MercadoLibre reported a substantial profit increase in Q1 2025, outperforming estimates with earnings of $9.74 per share and revenues of...
Brazil Central Bank Increases Selic Rate to Combat Inflation
The Central Bank of Brazil has increased its Selic interest rate by 50 basis points to 14.75% in May 2025...
Ecopetrol Reports Profits Dwindle Amid Geopolitical Turbulence in Q1
Ecopetrol reported a 22% profit decline in Q1 2025 due to geopolitical factors impacting oil prices, despite a revenue increase...
Malawi’s Kayelekera Uranium Mine Set for $200M Revitalization
Malawi's Kayelekera Uranium Mine is set to reopen in 2025, backed by a $200 million investment from Australia's Lotus Resources....
Grupo Aval Sees Three-Fold Profit Surge in Q1 2025 Amid Income Decline
Grupo Aval reported a Q1 net profit of 361.5 billion pesos, a three-fold increase from last year. Despite a 9%...
Vera Daves de Sousa: Angola’s Finance Veteran at Global Economic Meetings
Vera Daves de Sousa, Angola's Finance Minister, represented her country at the IMF and World Bank spring meetings, despite Angola's...
Trade Tensions Rise as India and Bangladesh Impose Restrictions
India and Bangladesh have imposed reciprocal trade restrictions following political turmoil, impacting businesses reliant on cotton yarn imports and export...
Hoxton Wealth Discusses Financial Strategies for Expats in Qatar
Hoxton Wealth held a seminar in Doha revealing over 70% of expats are unaware of asset taxation. Survey results showed...
