Nestle and Starbucks extend partnership to ready-to-drink coffee
Food giant Nestle (NESN.S) and U.S. coffee chain Starbucks (SBUX.O) are extending their partnership to launch ready-to-drink coffee beverages in markets across Southeast Asia, Oceania and Latin America, the two partners said.
Analysis: Latam central banks look past COVID as inflation phantoms loom
Latin America’s central banks have become more hawkish as the region’s inflationary ghosts rattle their chains, with a recent pivot by the U.S. Federal Reserve further boosting market expectations of tighter monetary policies.
EXCLUSIVE SoftBank leads new funding round in Gympass, valuing startup at $2.2 bln
Gympass, which makes gym memberships more accessible for corporate employees, has raised $220 million in a funding round led by existing investor SoftBank Group Corp (9984.T), more than doubling the startup’s valuation to $2.2 billion.
S&P Global cuts India’s growth forecasts, trims EM overall
S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America.
Buffett-backed Nubank in talks to hire U.S. IPO underwriters -sources
Nubank, the Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, has invited investment banks to pitch for roles on its upcoming initial public offering (IPO) in the United States, people familiar with the matter said on Monday.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Latin America and the Caribbean after Covid-19
Latin America and the Caribbean suffered from several regional preconditions in advance of the Covid-19 crisis, including weak health infrastructure, low growth, and inefficient taxation. Now the pandemic threatens to leave the region with even higher poverty levels, greater inequality, and debts across virtually all countries.
