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The Latest Breaking News from Latin America

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%…

Benzinga

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.

Benzinga

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…

Benzinga

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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

Manchester Evening News

AP Week in Pictures: Latin America and Caribbean

The Independent UK

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...

Benzinga

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.

Miami Herald

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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…

Benzinga

Blinken Calls for Global Cooperation on Migration in Panama Trip

US Secretary of State Antony Blinken on Tuesday sought greater cooperation in Latin America on migration, taking on a cause of growing political headaches that has only been exacerbated by the crisis in Ukraine. The top US diplomat was paying a two-day trip to Panama, his first to Latin America…

Asharq Al-Awsat

With Unprecedented Coachella Showing, Latin Music Continues US Dominance

An unprecedented number of Latin acts performed at this year's Coachella, commanding the festival's main stage as the popularity of Spanish-language music soars. In total this year's line-up saw 20 artists from Latin America and its diaspora performing at the premier music festival in the California desert -- up from…

Asharq Al-Awsat

Thailand mulls more FTAs to expand export markets

Thailand is scheduled to study free trade agreements (FTAs) with countries in the Middle East, Africa and Latin America by the second half of this year, a move to expand new export markets.

Bangkok Post

Crowds return to Mexico City re-enactment of crucifixion

A Mexico City borough has held Latin America’s most famous re-enactment of the crucifixion of Christ with spectators for the first time in two years, after the coronavirus pandemic forced televised-only performances in 2020 and 2021

The Independent UK

AP Week in Pictures: Latin America and Caribbean

The Independent UK

Mesobis: The Latin America-Inspired Cannabis Gummies You Need To Try

Mesobis, an artisan cannabis and lifestyle brand inspired by the celebration of Latin American culture, has launched its debut line of Latin-flavored cannabis gummies. Starting today, Mesobis 'Gomitas' will roll out across California dispensaries with plans for expansion nationwide.

Benzinga

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Benzinga

Ericsson Shares Drop Post Q1 Results; Acknowledges DOJ Penalty, Russia Business Suspension

Telefonaktiebolaget L M Ericsson (NASDAQ:ERIC) reported a first-quarter FY22 sales growth of 11% year-on-year to SEK 55.1 billion. Group organic sales grew by 3% Y/Y, driven by Networks in North America, Europe, and Latin America. Organic sales in Networks rose 4% Y/Y, and Digital Services sales down by 2% Y/Y. It reported an…

Los Angeles Times

Mexico, other Latin American countries condemned in annual US report on human rights

WASHINGTON — Countries in Latin America came under particularly harsh criticism in the U.S. State Department's annual report on human rights, with allies such as Mexico and adversaries including Nicaragua facing similar opprobrium.

Benzinga

Curaleaf Partners With WB Canna To Bring Its CBD & Hemp Products To Caribbean, Latin America & Travel Retail

Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX:CURLF) has announced that its Select CBD and Curaleaf Hemp products will become available for the first time in the Caribbean market thanks to a new distribution agreement with WB Canna Co. Wellness.

The Independent UK

Pictures of Week in Latin America & Caribbean Photo Gallery

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The Conversation

Lessons from the global South on how to counter harmful information

The large-scale contamination of the public sphere by rumours, hate speech, dangerous conspiracy theories and orchestrated deception campaigns is causing widespread concern around the world. These ills are collectively referred to as “information disorder” .

Axios

Latin America's EV challenges

Enthusiasm is high, but sales are lagging in the region due to expensive options and a lack of charging stations.

Asharq Al-Awsat

Nearly Half of Crypto Owners First Bought Digital Assets in 2021

Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from US cryptocurrency exchange Gemini. The survey of nearly 30,000 people across 20 countries, which was conducted between November 2021…

The Independent UK

Russia aims Ukraine disinformation at Spanish speakers

Disinformation about Russia's invasion of Ukraine is surging in Spanish, as stories crafted for a Latin American audience gets a boost from the Kremlin

The Independent UK

Pictures of Week in Latin America & Caribbean Photo Gallery

Reuters

Factbox-What kind of country will Costa Rica's next president inherit?

Costa Ricans will elect President Carlos Alvarado's successor on Sunday to govern what has been of the most stable democracies in Latin America over the next four years.

Asharq Al-Awsat

Zelenskyy Recalls Envoys to Georgia, Morocco

Ukrainian President Volodymyr Zelenskyy has recalled Ukraine’s ambassadors to Georgia and Morocco, suggesting they haven’t done enough to persuade those countries to support Ukraine and punish Russia for the invasion. “With all due respect, if there won’t be weapons, won’t be sanctions, won’t be restrictions for Russian business, then please…

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