Business

Santander Brasil Buyout Offers 15% Premium in Share Swap

Brazil · Business Key Facts —Offer structure Voluntary share-exchange offer for the ~10% of Santander Brasil not owned by Spain’s Banco Santander, paid in newly issued Santander shares. —Premium and value Implies a roughly 15% premium over…

MD Capital Wins Bid for Portugal’s Brazil Bank

MD Capital, an investment firm founded by former Bradesco executives, has won the Portuguese government's tender to acquire Banco Caixa Geral Brasil. The decision, approved by Portugal's Council of Ministers on July 30, 2026, ends…

Coca-Cola Embonor Doubles Profit to US$52M Despite Bolivia Hit

Chilean Coca-Cola bottler Embonor saw its first-half profit more than double to about US$52 million, overcoming an 18.6% drop in ordinary income from its Bolivia unit caused by a change in currency accounting rules. The post Coca-Cola…

Mexico Inflation Hits 3.10%, Lowest Since 2020

Mexico's annual inflation rate eased to 3.10% in the first half of July, the lowest level since December 2020, according to the national statistics agency INEGI. The reading keeps price growth inside the Bank of Mexico's target band…

Hidroituango Mega-Dam Hits Key Milestone and First Profits

The Hidroituango hydroelectric project in Colombia reached a major construction milestone ahead of schedule and reported its first-ever profits, marking a turning point for a project once mired in legal and financial uncertainty. The…

Apple drops 7%, Amazon surges 12% as investors pick AI winners after earnings

Shares of Amazon jumped sharply in premarket trading on Friday while Apple dropped as investors digest earnings.

National Environment Agency to get new CEO

Ms Geraldine Low, who is currently Deputy Secretary (Development) at the Ministry of National Development, will be appointed CEO of NEA on Sep 1.

Seven & i agrees strategic partnership, $620 million investment with SoftBank, SMFG units

Seven & i agrees strategic partnership to bring in $1.9 billion investment

Why Private Credit Got Entangled With Insurance

PE has completely reshaped life insurance.

Odd Lots: How Private Equity Reshaped Life Insurance (Podcast)

Insurers have quietly become a major driver of the private credit boom, with numerous private equity shops striking deals with insurance companies or buying them outright. But the entanglement with private credit is also changing the…

Apple Leads Phone Revenues and Prices Up, Counterpoint Says

Apple Inc. led a 7% increase in global smartphone revenue over the June quarter, showing how rising prices are offsetting shrinking shipments, according to Counterpoint Research.