LATIN AMERICA

SoftBank pulls out of Latin America partnership with Oyo Hotels

SoftBank says the decision was made jointly with Oyo due to challenges brought about by the coronavirus pandemic, and that it would no long...

Wipro appoints AWS’ Douglas Silva as country head for Brazil

Douglas Silva, who has previously worked with SAP, Capgemini and TCS, will report to Mukund Seetharaman, managing director at Wipro Latin A...

France's Vivendi to buy 7.6% stake in Spain's Prisa

French media company Vivendi said on Friday it agreed to buy a 7.6% stake in Spanish rival Prisa, the owner of influential newspaper El Pai...

Groupe Renault to steer markets like Latin America, India and Korea towards high margin business: Global CEO Luca De Meo

Announcing Mid-term strategic plan 'Renaulution' De Meo said emerging markets will go back to pre-covid level by 2023 and 2025 for Europe.

PayTM could turn profitable in 2021: CEO Vijay Shekhar Sharma

Speaking at a panel on how technology can help tackle financial exclusion, Vijay Shekhar Sharma said the crisis had forced more merchants t...

European stocks subdued on Orsted profit warning; Carrefour surges

Carrefour SA was up 10.6​​​​​​​% after Canadian convenience-store operator Alimentation Couche-Tard Inc said it had approached Europe's big...

Wall Street is the most bullish on commodities in a decade

A weakening dollar is making materials denominated in the currency more appealing at a time when equities are on a tear and the world is on...

Atal Bihari Vajpayee's vision led to expansion of India's external engagements: S Jaishankar

Paying rich tribute to Vajpayee on his 96th birth anniversary, Jaishankar said the eminent leader warmly reached out to various regions and...

Boeing 737 Max back in air 2 years after grounded by crashes

The company own announcement didn't specify the route of the flight. But customers would be able to exchange their tickets if they don't wa...

Anti-China protests rise in Argentina, the recipient of maximum Chinese FDI in Latin America

In the last fifteen years from 2005 to 2019, Argentina has received maximum investment from China $ 30.6 billion, which accounted for 39 pe...

Biocon Biologics to expand to Latin America, Africa and Asia

“We are investing thoughtfully to expand the global footprint step by step across the world. We have opened regional offices across Latin A...

Latin American outreach: India, Argentina to expand ties in agriculture; energy; mining sectors

The suggestions to explore untapped areas of cooperation was put forward last week by Foreign Minister at the 'India and Argentina in the N...

Indian companies ready to export coronavirus test kits, target Latin America, Eastern Europe markets

India has a manufacturing capacity of 1 billion RT-PCR kits. The country on an average is doing daily testing of 600,000 samples.

Exim Bank extends USD 250 mn line of credit to Mozambique for improving power supply quality

The agreement to this effect was signed on August 3 through exchange between Saroj Khuntia, general manager, Exim Bank, and Adriano Isaias ...

Mexico pitches stronger ties with India to reinvigorate WTO to strengthen multilateralism

Referring to India-Mexico partnership in shaping multilateral order, Salas said, “Proposing Seade’s candidacy builds upon Mexico’s well-kno...

Uber launches grocery delivery in Latin America, Canada with US to follow

The company's latest foray into the delivery space is in partnership with Cornershop, a Chilean online grocery provider that Uber has held ...

Latin America logs 70,000 coronavirus deaths

More than 70,000 people have died from coronavirus in Latin America as the pandemic sweeps through the region, putting growing pressure on ...