Latin America

Amazon launches cash payments in Mexico to lure shoppers online

By Daina Beth Solomon MEXICO CITY (Reuters) – Amazon.com Inc <AMZN.O> launched a cash payment service in Mexico on Tuesday, aiming to expand its customer base in a country where shoppers are wary of credit card fraud and often earn their living in paper currency. The strategy could also help it to win market share […]

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Brazilian fintech Nubank offers accounts for transfers, payments

SAO PAULO (Reuters) – Brazilian startup Nubank said on Tuesday it would expand from credit cards into digital accounts allowing users to make transfers, pay bills and earn more interest than average savings account, beefing up its challenge to traditional banks. As the biggest new technology company breaking into Brazil’s banking sector, Nubank has boasted […]

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Red October: Russia of 1917 and 2017 closer than might be expected

By Jeremy Gaunt LONDON (Reuters) – It is 100 years on Wednesday, using Russia’s old calendar, since Vladimir Lenin’s Bolsheviks stormed the Winter Palace in what is now St Petersburg and took power. Not a lot has changed. Well, not in economic terms, according to research by Renaissance Capital, an investment bank specializing in the […]

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Ronaldo retains FIFA award for world’s best player

LONDON (Reuters) – Real Madrid’s Portugal striker Cristiano Ronaldo was crowned the best soccer player in the world for the second year running at FIFA’s The Best awards gala on Monday. The four-time Ballon d’Or winner won a La Liga and Champions League double with the Madrid club this year, striking twice against Juventus in […]

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Exclusive: Mexico telecoms regulator to vote on letting Slim’s America Movil charge rivals

By Julia Love and Christine Murray MEXICO CITY (Reuters) – Mexico’s telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim’s America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen by Reuters. Rivals such as AT&T and Telefonica have been anxiously […]

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Brazilian phone carrier Oi suffers two setbacks in debt restructuring

SAO PAULO (Reuters) – Brazilian phone carrier Oi SA faced two setbacks from the government on Monday in its efforts to pull off the country’s biggest-ever in-court debt restructuring. Brazilian telecoms regulator Anatel rejected the company’s request to swap billions of reais in regulatory fines for new investments. Anatel said in a statement that the […]

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Facebook tests splitting its News Feed into two

By David Ingram SAN FRANCISCO (Reuters) – Facebook Inc said on Monday it was testing the idea of dividing its News Feed in two, separating commercial posts from personal news in a move that could lead some businesses to increase advertising. The Facebook News Feed, the centerpiece of the world’s largest social network service, is […]

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Thousands of Bogota taxi drivers protest Uber, Cabify and higher costs

BOGOTA (Reuters) – Thousands of taxi drivers in Colombia’s capital Bogota began an indefinite strike on Monday to protest private transport services like Uber [UBER.UL], snarling traffic for much of the day as drivers blocked roads and clashed with police. Taxis drivers complain that services such as Uber and Cabify, which are unregulated in Colombia, […]

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Dead monkey prompts Sao Paulo to step up yellow fever vaccination

SAO PAULO (Reuters) – Health authorities launched a yellow fever vaccination campaign on the north side of Brazil’s largest city over the weekend after a dead monkey was found infected with the disease, state and city officials said on Monday. Two parks were closed following confirmation that one of five monkeys found dead on Friday […]

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Nicaragua will join Paris climate pact, leaving U.S., Syria isolated

(Reuters) – Nicaragua is set to join the Paris climate agreement, according to an official statement and comments from Vice President Rosario Murillo on Monday, in a move that leaves the United States and Syria as the only nations outside the global pact. Nicaragua has already presented the relevant documents at the United Nations, Murillo, […]

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Forest fires stoke record loss in world tree cover: monitor

By Alister Doyle OSLO (Reuters) – Forest fires in Brazil and Indonesia contributed to a record loss in global tree cover in 2016, equivalent to the size of New Zealand, that could accelerate deforestation blamed for climate change, an independent forest monitoring network said on Monday. Man-made global warming increased the risks of wildfires by […]

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Enthused by Wi-Fi hotspots, Cubans clamor for more Internet access

By Alexandre Meneghini and Sarah Marsh HAVANA (Reuters) – At dusk, when the worst of the Caribbean heat has subsided, parks around Cuba fill with families video chatting with loved ones abroad or scrolling through social media, their animated faces lit by telephone and tablet screens. The introduction of Wi-Fi hotspots in Cuban public spaces […]

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