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Peru's economy slows in August with crime a major threat to faster growth

The Andean nation's GDP grew 3.53% compared to August last year.

Business News Americas
16 Oct 2024

Investment roundup: NTT’s Brazil M&A, Minsait CentAm deal, Bricksave in UK and more

A roundup of the latest ICT investments in the region.

Business News Americas
16 Oct 2024

Panama’s Tocumen Airport preps runway tender

The runways of the airport, that were meant to be refurbished since the last administration, are worn out, and present cracks and severe damage.

Business News Americas
16 Oct 2024

Two groups vying for Honduras power project

The work includes a 176km, 230kV line and new substations to boost dispatch in Yoro department.

Business News Americas
16 Oct 2024

Telefónica's Wayra invests in Perplexity

The US-based startup uses advanced AI to understand the intent of queries and provide real-time, accurate and contextual answers to all types of questions using natural language processing.

Business News Americas
16 Oct 2024

Mexico looking to sign national water agreement by November

According to the president, meetings are being held with representatives from the major irrigation districts to discuss reallocating their unused water volumes to supply other districts or communities.

Business News Americas
16 Oct 2024

Chile launches tender for studies on future US$390mn highway concession

The project, which is expected to be tendered in 2026, involves widening a 67km section of Route 5 within Chiloé island.

Business News Americas
16 Oct 2024

Sheinbaum says Mexico will increase production of fertilizers, petrochemicals

The president praised a US$1.2bn fertilizer project being developed by national oil company Pemex in Veracruz state.

Business News Americas
16 Oct 2024

Fortuna assessing Yessi vein at Mexico precious metals mine

CEO Jorge Ganoza told BNamericas earlier this year that the company would want to see a change in the government's attitude toward the industry to remain in Mexico.

Business News Americas
16 Oct 2024

Peru's largest bank taps Lenovo, Intel for datacenter optimization

Banco de Crédito del Perú is replacing hundreds of legacy IBM machines for hyperconverged servers provided by Lenovo and powered by Intel's processors.

Business News Americas
16 Oct 2024

Ericsson sees ‘footprint losses’ in Latin America amid competition, lower telco investments

In Q3, sales in Europe and Latin America, which are reported as a single unit, fell 2% but grew 1% on an organic basis.

Business News Americas
16 Oct 2024

Route 68: MOP receives two offers to be awarded a new concession for US$1.6 billion

Grupo Costanera and Sacyr presented offers for the Second Concession of the road that connects Santiago with Valparaíso and Viña del Mar to expand the route and incorporate the new Lo Prado and Zapata tunnels.

Business News Americas
16 Oct 2024

Peruvian exports to APEC economies grew by 3.8% as of November 2023

Among the main trading partners, China and the United States stand out not only within the economic bloc, but worldwide, with a share of 36% and 13.9% of our exports at the end of November 2023, respectively.

Business News Americas
16 Oct 2024

Brazil LNG regasification project moves forward

The environmental regulator will hold a public hearing for the project, which will be located in Maranhão state.

Business News Americas
15 Oct 2024

Movistar recycled and reused more than 850 tons of electronic waste in the last year

580 tons of electronic waste were recycled and 278 tons of equipment were reconditioned and reused in the last year, ensuring that no waste is sent to final disposal.

Business News Americas
15 Oct 2024

Conditional nod for Puerto Rico fuel swap plan

The switch is part of the US territory's fuel optimization push.

Business News Americas
15 Oct 2024

EGE Haina begins operations of the Sajoma Solar Park with an estimated annual production of 150,000 MWh of clean energy

Minister Santos Echavarría makes an official visit to the Park; he reaffirms the Government's commitment to promote initiatives of this nature so that the energy matrix continues to strengthen

Business News Americas
15 Oct 2024

Cerro de Pasco Resources Reports Initial Assay Results from its Quiulacocha Tailings Drill Campaign

Drillhole SPT04 intersected 19 meters at 1.91 Oz/t (59g/t) Ag, 1.80% Zn, 0.77% Pb, 0.07% Cu and 0.07g/t Au.

Business News Americas
15 Oct 2024

Collective Mining Outlines a Porphyry System at Plutus by Intersecting 328.05 Metres @ 0.31 g/t Gold Equivalent from Surface

The Company currently has five drill rigs operating at the Guayabales Project as part of its fully funded and on-schedule, 40,000-meter drilling program for 2024 with two rigs operating at the Apollo

Business News Americas
15 Oct 2024

'False expectations’ among community concerns for Peru offshore acreage

Block Z-69 is one of the country's principal crude producers.

Business News Americas
15 Oct 2024

Paraná state water firm to invest close to US$400mn in Curitiba

The amount is more than that invested by the company in the Brazilian city in the last six years.

Business News Americas
15 Oct 2024

Indotel is working to modernize the General Telecommunications Law

These amendments to Law 153-98 would give the telecommunications regulatory body greater scope in defending users and improving conditions in the ICT sector.

Business News Americas
15 Oct 2024

Preliminary work on Dragon gas project has begun

The Dona Jose 2 vessel will undertake a geophysical and geotechnical survey

Business News Americas
15 Oct 2024

Ares to enter LatAm digital infra market with GCP acquisition

GCP hyperscale projects representing over 1GW of IT capacity announced for London, Tokyo, Osaka and São Paulo.

Business News Americas
15 Oct 2024

Chile plans to invest over US$1bn in infra concessions next year

Over 60% will go to investments in highways, airports and public transportation.

Business News Americas
15 Oct 2024
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