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Is Latin America’s fintech revolution spreading to cryptocurrencies?
Venezuela and Argentina are among the top countries where Bitcoin is being adopted, as individuals and businesses seek to prevent inflation and currency controls. 26 Jul
June 2021 top M&A deals in emerging markets by region
Getir, an Istanbul-based ultrafast grocery delivery company, completed its USD 550mn Series D round and saw its valuation triple to over USD 7.5bn. 26 Jul
COVID-19: Haiti receives its first 500,000 coronavirus vaccines
On Wednesday Haiti received its first batch of COVID-19 vaccine doses as the nation is in the midst of a spike in cases and deaths. 15 Jul
COVID-19: US coronavirus cases doubled in the past three weeks
The coronavirus curve in the US is once again rising after months of decline. The number of new COVID cases doubling per day in the past three weeks. 14 Jul

Articles View more

US Blackstone snaps up office developer SOHO China in USD 3bn deal
US private equity giant The Blackstone Group has agreed to acquire a 91% stake in Hong Kong-listed property developer SOHO China for a total consideration of HKD 23.7bn (USD 3bn). 26 Jul
Hungary’s OTP strikes deal for Slovenia’s second-largest lender, Nova KBM
Hungary’s largest lender OTP Bank agreed to take over Slovenia’s number-two commercial bank Nova Kreditna Banka Maribor (Nova KBM). 28 Jun
DSV Panalpina to become world’s third-largest transport company with Kuwait acquisition
Danish transport and logistics company DSV Panalpina has struck an all-share deal to take over the Global Integrated Logistics business of Kuwaiti peer Agility for USD 4.1bn. 01 Jun
China’s ByteDance pays good money for gaming war with Tencent
The deal, announced in late March, is estimated at some USD 4bn and comes hot on the heels of a bidding war with Tencent 27 Apr

Country View more

Employment growth in Brazil hits four-month high in June
All sectors posted positive figures 30 Jul
Paraguay c-bank raises 2021 GDP forecast to 4.5%
The expansion of the local economy will be driven by secondary and tertiary sectors 29 Jul
Headline IMF sharply raises Brazil 2021 growth forecast
The fund lowered its GDP projection for 2022 28 Jul
Hungary supports start-ups with HUF 10bn scheme
Finances provided by state-owned venture capital fund manager 28 Jul

Industry View more

Romania’s agricultural production drops 15.4% y/y in 2020
Value for last year stands at RON 81.40bn 29 Jul
Brazil’s steel consumption to rise 24% in 2021
All industry’s main consuming sectors have better than expected performance this year 23 Jul
Ukraine’s agricultural output drops 8.2% y/y in H1 2021
Grain output dives 40.9% on annual basis 20 Jul
Mexican auto parts exports hit record high in Jan-April
Sector’s shipments reached $ 10bn 19 Jul

Company View more

Czech Ferona’s profit dives 25% y/y in 2020
Revenues slip 18.3% y/y 27 Jul
Polish Onde raises PLN 444.5m via IPO
Fresh funds to be spent on purchase of wind, solar projects 21 Jul
Polish KGHM’s attributable net profit slips to PLN 1.421bn in 2019
Consolidated sales revenues grow to PLN 22.723bn 20 Mar
Heineken plans USD 185mn investment in its Brazil Paraná plant
Heineken is the second-largest beer producer in Brazil with a market share of 21.7% 11 Mar