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...With a presence in 11 countries, Wellhub is a rare instance of a Latin American technology business accomplishing success outside of the region....
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...The US stock market’s success is widely envied by others....
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...Argentina’s libertarian president Javier Milei and Tesla chief executive Elon Musk met for the first time on Friday, cementing a social media friendship between two firebrand free-market proponents known...
...But neither followed a principled approach of competitive free markets Chile is generally renowned for....
...Valued at more than $40bn at the height of the pandemic in early 2021, Novavax made a series of mis-steps with the launch of its Covid vaccine....
...Decades of weak regulation followed, with Slim’s company fighting any new rules aggressively in the courts and competitors making mis-steps, experts said....
...“We believe there will only be a select few foundation models in the market and Baidu will certainly be one of them,” he said....
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...But the mis-step has left the company in a difficult position with $3bn of debt and West is likely to have a big clean-up job on his hands. It’s unclear what Scherr plans to do next....
...“The market is bearish,” said Erisa Senerdem, head of biomass pricing at Argus Media....
...In spite of its overall strong performance, Buffett spent part of his letter bemoaning mis-steps....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Investigators later discovered that Cassandre and Houria had met in Paris at the Sorbonne’s Institute of Advanced Latin American Studies....
...Even with these structural advantages, Intel’s manufacturing mis-steps, leaving it dependent on ageing technology, might have doomed it to irrelevance....
...After what is likely to be the briefest of honeymoons, the Peronists will be waiting to pounce on any mis-step by Milei....
...Its stock price shot up more than 20 per cent in pre-market trading on Thursday after the deal was announced....
...After a year running mortgages, she was sent to Latin America to clean up a mess of bribery allegations and a massive fraud that had cost Banamex hundreds of millions of dollars....
...Citi was among 20 large banks that collectively paid more than £377bn in such costs between 2008 and 2018, as a result of mis-selling, money-laundering, market abuse and other misdemeanours, the researchers...
...Lula’s apparent mis-steps come as Latin America is, surprisingly, struggling to manage good economic growth. This should not be so hard....
...Goldman Sachs co-head of Latin America Ricardo Mora is leaving the bank, DD reports....
...Founded 70 years ago as Petróleo Brasileiro, the business is listed on the stock market but the government is its biggest shareholder....
...Instead, his compensation would depend on hitting very aggressive revenue, profit, and market value targets, which included Tesla’s market valuation increasing ten-fold to $650 billion....
...Since then, though, it has fallen from the country’s second-largest bank to the fourth, after struggling to compete in a market dominated by other foreign lenders....
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