Business

Cummins Peru Batteries Pivot Closes First Project in 2026

Cummins Peru Batteries Pivot Closes First Project in 2026

US engine giant Cummins is pivoting from mining engines to battery storage in Peru, with its first BESS project set to close by end-2026 and a second possible in early 2027. The post Cummins Peru Batteries Pivot Closes First Project in…

Ithaca Private Capital Launches in Colombia to Fund Mid-Si

Ithaca Private Capital Launches in Colombia to Fund Mid-Si

A new Colombian private-capital vehicle named Ithaca Asset Management has officially launched, co-founded by Eduardo Pacheco, with a strategy to provide long-term growth capital to mid-sized companies. Its first deal is a COP$20,000…

Bancolombia Housing Loans Jump 13% as Cibest Eyes Rentals

Bancolombia Housing Loans Jump 13% as Cibest Eyes Rentals

Colombian financial conglomerate Grupo Cibest reported a 13.25% year-over-year increase in its mortgage portfolio, reaching COP 34.8 trillion (~US$8.4 billion), as it pivots toward multifamily rental and office properties. The post…

Singapore economy to stay firm for rest of 2026 as AI boom cushions oil shocks, new US tariff: MAS

CNA

Singapore economy to stay firm for rest of 2026 as AI boom cushions oil shocks, new US tariff: MAS

Singapore's tech sector continued to grow faster than usual and is expected to drive most of the country's economic growth this year.

CNA

Congo-Kinshasa: More Health Workers Strike As Ebola Cases in Congo Near 3,000, Including Over 1,300 Deaths

[RFI] Health workers at an Ebola treatment center in eastern Congo went on strike Saturday over payment issues, disrupting care for patients in the epicenter of the country's rapidly growing outbreak.

Peru Footwear Anti-Dumping Review Opens on Chinese Imports

Peru Footwear Anti-Dumping Review Opens on Chinese Imports

Peru's competition authority Indecopi has launched a sunset review of anti-dumping duties on Chinese footwear, triggered by a 123.5% import surge. The review keeps existing duties in place while officials determine if dumping would recur…

Fibra Prime Peru REIT Hits US$450 Million AUM, Eyes Arequipa

Fibra Prime Peru REIT Hits US$450 Million AUM, Eyes Arequipa

Peru's leading real estate investment trust, Fibra Prime, has reached approximately US$450 million in assets under management following a key logistics acquisition. The firm is now evaluating expansion into Arequipa. The post Fibra Prime…

Alqueria Seaweed Methane Trial Cuts Cattle Emissions Over

Alqueria Seaweed Methane Trial Cuts Cattle Emissions Over

A landmark trial by Colombian dairy company Alquería and Australian biotech firm SeaStock has shown that feeding cattle a native red seaweed additive can slash enteric methane emissions by over 80%, the companies announced, marking a…

North Africa: Heatwave Hits North Africa, With Power Cuts in Tunisia and Wildfires in Algeria

[RFI] In Tunisia long power outages across the country have added to the strain of an intense heatwave, with temperatures as high as 49C. In neighbouring Algeria, more than 100 people were hospitalised after wildfires, the country's…

Bloomberg

First US LNG Shipment to China in a Year to Be Re-Exported

The first US liquefied natural gas shipment to China in more than a year will be re-exported, as the local companies involved look to tap higher profits overseas and avoid paying tariffs, according to people with knowledge of the matter.

Bloomberg

Malaysia’s resource anxiety tests Asia’s fastest data center build-out

Japan Times

Malaysia’s resource anxiety tests Asia’s fastest data center build-out

Protests over a data center complex in Johor state's southern tip — the epicenter of the boom — were the first of their kind in the country.

Japan Times

FEMSA Mexico Investment Tops US$900 Million for 2026

FEMSA Mexico Investment Tops US$900 Million for 2026

FEMSA, the Mexican multinational operating Latin America's largest convenience store chain and a major Coca-Cola bottler, has earmarked more than US$900 million for its 2026 Mexico investment plan, focusing on new Oxxo stores, logistics…