Investment declined by 24% in second quarter despite the country’s GDP growth remaining in line with forecasts, with government apathy and high interest rates blamed for the decline
Tractian and Fintalk were among the companies that landed investment this week, at a time when the number of deals across the region fell by 23% to July
The country, once seen as a haven of tranquility for investors, has seen its investment outlook clouded by increased violence amid a brutal battle among rival cocaine-trafficking cartels
Chile, Argentina, Brazil and Bolivia combined have 17 projects looking to attract capital as experts highlight the need to add value to the supply chain
The country’s Economy Minister Raquel Buenrostro said 65 companies have expressed an interest in competing in the bidding to participate in five industrial hubs in the states of Oaxaca and Veracruz
Factors that continue to mark investment trends in second half are interest rates, nearshoring and inflation, according to analysts consulted by Bloomberg Línea
Banco Bilbao Vizcaya Argentaria SA is boosting its Spanish private banking operations at a time when rich Latin Americans are shifting money to Madrid and banks are beefing up their teams and opening new offices to cater for super-wealthy clients
Gold is the biggest generator of US dollars within the country’s mining industry, and while big investments have been made, the sector falls short of its potential due to the weak peso and the economic crisis
A surge in the Mexican peso and a bout of political noise — including the government seizure of a private rail line and the scuttling of a long-awaited M&A deal — have given investors reasons to sell
Former NY Yankees great Alex Rodriguez also discusses how he came to own a stake in the NBA’s Minnesota Timberwolves and calls his drug suspension the “best thing” that could have happened, on “Bloomberg Wealth With David Rubenstein”
Retention was identified as one of BlackRock’s challenges, even as the world’s largest money manager has met some diversification goals since 2020, according to an audit by Covington & Burling LLP
