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Ant Group agrees to invest in Brazil loyalty co Dotz

Ant Group agrees to invest in Brazil loyalty co Dotz

by Reuters | Apr 21, 2021 | Asia, Business, Economy, Latin America, Technology

SAO PAULO (Reuters) – China’s Ant Group has sealed a deal to acquire a 5% stake in the Brazilian loyalty program Dotz, according to a securities filing on Wednesday. Dotz and Alibaba’s payment affiliate Ant Group have also signed a business...
Brazil’s economy at crunch time for recovery, inflation adds to risks: Reuters poll

Brazil’s economy at crunch time for recovery, inflation adds to risks: Reuters poll

by Reuters | Apr 19, 2021 | Business, Central America, Economy, Latin America

By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economic recovery is at crunch time for meeting lofty quarterly growth expectations just as a sudden inflation spike adds to worries about the coronavirus pandemic’s devastation and unconvincing...
American Airlines cutting flights to South America because of COVID-19

American Airlines cutting flights to South America because of COVID-19

by Reuters | Apr 19, 2021 | Business, Latin America, US

WASHINGTON (Reuters) – American Airlines Co said on Monday it will reduce flights to some destinations in South America because the COVID-19 pandemic has reduced demand. The U.S. airline said it was suspending service to Manaus, Brazil, from Miami until Nov. 2...
Brazil’s JBS to buy plant-based meat company Vivera

Brazil’s JBS to buy plant-based meat company Vivera

by Reuters | Apr 19, 2021 | Business, Entertainment and Lifestyle, Europe, Latin America

By Roberto Samora SAO PAULO (Reuters) – Brazil’s JBS will buy Dutch vegetable-based protein company Vivera for 341 million euros ($408.11 million), as the world’s largest meatpacker expands its offerings to appeal to those who want to eat less meat,...
‘Our factories are hungry’ – U.S. farm machinery maker faces dearth of components

‘Our factories are hungry’ – U.S. farm machinery maker faces dearth of components

by Reuters | Apr 19, 2021 | Business, Economy, Europe, Latin America, US

By Rajesh Kumar Singh CHICAGO (Reuters) – Farmers flush with cash after a run-up in grain prices are clamoring for farm machinery maker AGCO Corp to get them new equipment in time for this year’s harvest. This is a boom time for the Georgia-based company...
The cycle turns: Emerging central banks hike rates in March

The cycle turns: Emerging central banks hike rates in March

by Reuters | Apr 19, 2021 | Africa, Asia, Business, Economy, Europe, Latin America, Middle East

By Karin Strohecker and Ritvik Carvalho LONDON (Reuters) -Emerging market central banks delivered five net interest rate hikes in March, marking the end of an easing cycle which started in 2019 as central banks in the developing world grapple with rising inflation...
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