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The Latest Breaking News from Latin America

Adidas Shares Slide As China Lockdown Weighs On Q1 Earnings, FY22 Outlook

Adidas AG (OTC:ADDYY) reported first-quarter FY22 sales growth of 0.6% year-on-year to €5.3 billion. Currency-neutral sales declined 3% as supply constraints reduced the top-line by €400 million. Currency-neutral sales across North America rose 13%, EMEA improved 9%, and Latin America jumped 38%. The challenging market environment and COVID-19-related lockdowns in Greater China and…

As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates

As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates

E-commerce giant Amazon, Inc. (NASDAQ: AMZN) reported first-quarter results in April that showed the slowest revenue growth since the dot-com bubble burst in 2001, and issued a weak forecast for the June quarter.

Why Under Armour Shares Are Plunging Today

Why Under Armour Shares Are Plunging Today

Under Armour Inc (NYSE:UAA) (NYSE:UA) reported sales growth of 3% year-on-year to $1.30 billion for its transition quarter ended March 31, 2022, missing the consensus of $1.32 billion. As announced earlier, following a three-month transition period (January 1 – March 31, 2022), Under Armour's FY23 will run from April 1, 2022, through March…

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AP Week in Pictures: Latin America and Caribbean

The Independent UK

Why Kellogg Shares Are Trading Higher Today

Kellogg Company (NYSE:K) reported first-quarter FY22 sales growth of 2.4% year-on-year to $3.67 billion, beating the consensus of $3.59 billion. Adjusted EPS of $1.10 beat the analyst consensus of $0.93. Kellogg North America's sales decreased 1%, Europe climbed 2%, Latin America's sales gained 8%, Asia Pacific, Middle East, and Africa's sales jumped 12%.…

Latin American feminists vow to protect abortion rights at home after shock US ruling

Women’s movements have fought hard to reverse anti-abortion laws in their countries and say it’s not the end for the US

The Guardian - US

As U.S. may restrict abortion, other nations are easing access

Recent legislative activities in countries show the U.S. risks being out of step with the progress that the rest of the world is making in protecting sexual and reproductive rights.

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Report: About 6M adults identify as Afro Latino in the US

Report: About 6M adults identify as Afro Latino in the US

A new report by Pew Research Center says about 6 million adults in the United States identify as Afro Latino, a distinction with deep roots in colonial Latin America

The Independent UK

Falklands conflict remains ‘open wound’ for Argentina, says ambassador

Falklands conflict remains ‘open wound’ for Argentina, says ambassador

Javier Figueroa said the islands’ sovereignty remains an issue of ‘huge visibility in public opinion and the ruling class’.

The Independent UK

Pablo Neruda's question poems, now translated and illustrated for children

Pablo Neruda's question poems, now translated and illustrated for children

Neruda's Book of Questions is well known in Latin American literature. A new bilingual, illustrated selection of his poems gives English-speaking children an opportunity to interrogate the world.

AP Week in Pictures: Latin America and Caribbean

AP Week in Pictures: Latin America and Caribbean

The Independent UK

Honduras requests development bank membership in search of financing

Honduras requests development bank membership in search of financing

Honduras requested membership of the CAF-Development Bank of Latin America, the organization reported Thursday, as leftist President Xiomara Castro's administration seeks financing to alleviate severe budgetary imbalances left by her predecessor.

Smith & Nephew Posts Q1 Sales Growth As Elective Procedures Rebound

Smith & Nephew Posts Q1 Sales Growth As Elective Procedures Rebound

Smith & Nephew PLC (NYSE:SNN) posted Q1 revenue of $1.31 billion, up 3.3% on a reported basis (including -2.6% currency effect) and up 5.9% on an underlying basis. Sports Medicine & ENT revenue up 8.6% underlying. Advanced Wound Management revenue up 8.0% underlying and Orthopedics revenue up 2.6% underlying Established Markets revenue…

The decline of Catholicism in Latin America

The decline of Catholicism in Latin America

Evangelical faiths, meanwhile, have grown in some countries in the region.

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The Largest Public Harvest Of Medicinal Cannabis In Latin America: What To Know About Cannava, In Argentina

By Franca Quarneti, via EL Planteo.

The Independent UK

Latin American nations ease restrictions as COVID cases drop

Plummeting coronavirus infection rates across Latin America have led governments in the region to lift restrictions on mass gatherings, travel requirements and mask mandates that have been in place for two years

Tribune News Service

Just 46 days in office, Chile’s leftist leader runs into trouble

Hailed as the face of a new Latin American left, Chile President Gabriel Boric was not only elected in a landslide, he embraced a constitutional rewrite to turn his nation from a neoliberal mining power into a model of humane green development.

PepsiCo Q1 Earnings Tops Estimates

PepsiCo Inc (NASDAQ:PEP) reported first-quarter FY22 sales growth of 9.3% year-on-year to $16.2 billion, beating the consensus of $15.53 billion. Net revenue from Frito-Lay North America increased 14% Y/Y, Quaker Foods North America rose 11%, and PepsiCo Beverages North America climbed 5.5%. Latin America sales rose 19% Y/Y. The gross profit increased 7.6%…

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Warren Buffett-Backed BYD's Flagship Han EV Sedan Drives Into Brazil: What You Need to Know

Warren Buffett-backed Chinese electric vehicle manufacturer BYD Company Limited (OTC: BYDDF) is deepening its presence in Latin America and the Caribbean.

Whirlpool Shares Volatile Afterhours On Q1 Earnings Miss, Trimming FY22 Outlook

Whirlpool Corporation (NYSE:WHR) reported a first-quarter sales decline of 8.2% year-over-year to $4.92 billion, missing the consensus of $5.32 billion. Adjusted EPS was $5.31, missing the consensus of $5.36. Whirlpool states it recorded robust sales growth compared to pre-pandemic levels with healthy underlying consumer demand. Sales by region: North America $2.79 billon…

Manchester Evening News

A new Latin American restaurant boasting live music and 'extraordinary' cocktails is coming to Manchester

MNKY HSE (pronounced Monkey House) has already made a name for itself in London and the Middle East

The Independent UK

AP Week in Pictures: Latin America and Caribbean

Meet El Planteo: The Hottest Cannabis-Friendly Media Outlet In Latin America

"We noticed a lack of good financial and cultural content related to emerging industries and progressive topics in the Spanish-speaking world. Not only on cannabis, but also psychedelics, renewable energies, gender issues...

COVID-19 is on the decline in Latin America and the Caribbean, but remains a threat

While COVID-19 deaths and infections in the Americas region over the past week are at the lowest levels since the pandemic began two years ago, the World Health Organization’s regional arm warned Wednesday that countries should not think the pandemic is over.

Meta's WhatsApp Business Fund Transfer Hits Roadblock In Brazil: FT

Meta Platforms Inc's (NASDAQ: FB) long-awaited ambition of allowing users to send money to businesses via messaging app WhatsApp in Brazil suffered a roadblock with potential payments partners, the Financial Times reports. WhatsApp looked to launch a payments-to-merchant (p2m) function in Latin America's most populous country in 2021. However, WhatsApp has struggled to…

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