Industries
Brazil’s IBAMA Imposes $64 Million Fines on Cattle Ranches to Combat Amazon Deforestation
Brazil's environmental protection agency, IBAMA, has levied a hefty fine of 365 million reais (approximately $64 million) on several cattle...
Azul Airlines Secures Up to $500 Million in Financing Amid Debt Restructuring Efforts
Brazilian airline Azul (AZUL.N) has successfully reached a critical agreement with its bondholders to secure additional financing of up to...
Eve Secures $88 Million Loan from BNDES for eVTOL Production Facility
Electric aircraft manufacturer Eve, a company under the umbrella of Brazilian aerospace giant Embraer, has secured a significant loan agreement...
Sales of electric and hybrid cars in Brazil are expected to surpass those of combustion engines by 2030
Sales of fully electric and hybrid cars in Brazil are projected to surpass those of vehicles with traditional combustion engines...
Sales of commercial vehicles in Mexico could reach a historical record amid the nearshoring boom
The commercial vehicle market in Mexico is on track to set a new sales record in 2024, with industry leaders...
Stellantis will invest $385 million in its Argentine plant as part of an expansion in South America
Stellantis, the multinational automobile manufacturer, has announced a significant investment in its manufacturing operations in South America. The company will...
Mexican president dismisses Elon Musk’s gigafactory hesitation amid Trump’s tariff threats
Mexican President Andrés Manuel López Obrador has downplayed Tesla CEO Elon Musk's recent comments about pausing plans for a new...
“Brazil’s Air Traffic Control Is Not Affected by Cyber Outage”
On Friday, Brazil's government reported that its air traffic control was not affected by an international cyber outage that disrupted...
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