Emerging Markets

YPF bets on Halliburton e-frac to drive Vaca Muerta export growth

Argentina's YPF is deploying Halliburton's electric fracturing technology for the first time outside the US to cut well-completion…

Falabella and Cencosud Cut 5,254 Jobs in First Half

Chile’s two largest retailers reduced their combined workforce by over 5,000 employees in the first half of 2026, signaling an ong…

Arauco Swings to Profit as Copec Backs $4.6bn Brazil Mill

Chilean pulp producer Arauco returned to profit on higher volumes while parent Empresas Copec provided a $450 million capital back…

IRSA Advances $1.8bn Buenos Aires Waterfront Via Land Deals

IRSA is funding the urbanization of its 71-hectare Ramblas del Plata district through phased land sales, a strategy that de-risks …

Antofagasta Minerals Bets Over US$7 Billion on Copper Without Continental Water

Chile · Mining Key Facts Total package Antofagasta Minerals is investing more than US$7 billion across Centinela, Los Pelambr…

Taesa Closes US$300 Million Buy of Energisa Transmission Lines

The power-transmission group completed its purchase of five Energisa transmission companies for R$1.638 billion, about US$303 mill…

CVC Posts US$9.5 Million Adjusted Loss as High Interest Costs Bite

CVC, Brazil's largest tour operator, reported an adjusted net loss of R$51.3 million (about US$9.5 million) in the second quarter …

Brazil’s Q2 Earnings Turn Red at MRV, CSN and Americanas

Brazil · Earnings Key Facts MRV loss MRV&CO posted a net loss of R$626.3 million (about US$121 million) in Q2 2026, a 22.…

Brazil’s STF Upholds the Amazon Soy Moratorium — But Lets States Punish It

Brazil · Agribusiness Key Facts Ruling Kept The STF declared the Amazon Soy Moratorium constitutional and ordered legal chall…

SLC Agrícola Profit Jumps 75% to R$245 Million (US$45 Million) as Crop Prices Climb

SLC Agrícola earned R$245.1 million (about US$45 million) in the second quarter of 2026, up 75.3% from a year earlier. Higher pric…

BNDES Profit Rises 25% to R$9.2 Billion (US$1.7 Billion) in First Half of 2026

BNDES, Brazil's national development bank, posted first-half 2026 recurring profit of R$9.2 billion (about US$1.7 billion), up 25.…

Minerva Profit Falls 57% to US$36 Million as Debt Costs Bite

Minerva, one of South America's largest beef exporters, earned R$196.9 million (about US$36 million) in the second quarter of 2026…

Moura Dubeux Posts Record Q2 Profit of R$174 Million as Northeast Housing Boom Rolls On

Moura Dubeux, the largest homebuilder in Brazil's Northeast, reported record Q2 2026 net income of R$173.9 million (about US$32 mi…

Rumo Posts US$127 Million Profit as Record Grain Volumes Meet Higher Costs

Rumo earned R$688 million (about US$127 million) in the second quarter of 2026, down about 6% from a year earlier. The rail operat…

CSN’s Loss Widens to US$143 Million as Cheap Chinese Steel and Debt Bite

CSN slid to a Q2 2026 net loss of R$773 million (about US$143 million), nearly six times worse than a year earlier. The steel busi…

Hapvida’s Adjusted Q2 Profit All but Vanishes as Medical Costs Climb

Hapvida's adjusted Q2 2026 profit collapsed 95.8% to R$12.5 million as medical costs outran premiums, even though revenue rose 3.9…

Equatorial Q2 Profit Plunges 83.5% on Debt Servicing Costs

Equatorial Energia’s adjusted second-quarter profit plunged 83.5% as surging interest costs on its R$51.8 billion debt load eclips…

Rede D’Or’s Q2 Adjusted Profit Climbs 8.5% as Surgeries Rise

Rede D'Or's Q2 2026 adjusted net income rose 8.5% to R$1.29 billion (US$239 million) as busier operating rooms and a growing SulAm…

CSN Mineração Q2 Profit Rises on FX Shift as Mining Earnings Fall

CSN Mineração's near-doubling of Q2 profit masks a double-digit decline in operating earnings, as a lighter currency drag on its d…

Brazil fuel crackdown drives Ultrapar profit up 46%

Ultrapar’s second-quarter profit surged 46% after a federal crackdown on adulterated fuel redirected market share to its Ipiranga …

Suzano Q2 profit falls 64% as currency gains evaporate

Suzano's 64% drop in second-quarter profit masks a resilient underlying business, reminding investors to focus on operational metr…

Grains Rally as USDA Cuts Corn, Soy Yields

Soybean, corn and wheat proxies climbed Wednesday after USDA surprise yield cuts. Brazil's weak real adds export appeal. Read the …

Brazil’s Financial Morning Call for Thursday, August 13, 2026

Brazil's B3 pre-market: Copom bets and retail sales data drive the open. Get the forward setup for the Ibovespa, USD/BRL and stock…

EFCC Recovers N115 Billion and $84 Million in NDDC Levies from Oil Firms

Nigeria · ENERGY Key Facts —Headline recovery: The Economic and Financial Crimes Commission (EFCC) recovered N115 billi…