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Brazilian digital bank Inter & Co reported on Monday a better-than-expected net profit for the third quarter, backed by a stronger loan book. Inter posted a profit of 104 million reais...
By Daniel Ramos LA PAZ (Reuters) -Bolivia said on Tuesday it had broken diplomatic ties with Israel because of its attacks on the Gaza Strip, while neighbors Colombia and Chile recalled their ambassadors to the Middle Eastern country for consultations. The three South American nations lambasted Israel's attacks on Gaza and condemned the deaths of Palestinian citizens. Bolivia decided to break diplomatic relations with the Israeli state in repudiation and condemnation of the aggressive and disproportionate Israeli military offensive taking place in the Gaza Strip, Deputy Foreign Minister Freddy...
Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after revenue grew across...
Latin America's e-commerce behemoth MercadoLibre reported on Wednesday a better-than-expected 178.2% surge in third-quarter net profit, compared with the previous year, after revenue grew across markets, especially in Brazil. "We had another super solid quarter," Andre Chaves, senior vice president of strategy and corporate development, told journalists, highlighting the acceleration of revenue growth in e-commerce and the firm's fintech arm in its major markets. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year.
Brazilian telco Telefonica Brasil reported on Tuesday a 2% growth in net profit for the third quarter, topping expectations. The company, a unit of Spain's Telefonica, posted profit of...