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The Latest Breaking News from Latin America

Knight Therapeutics Secures Rights To Rigel's Fostamatinib In Latin America

Knight Therapeutics Inc. (TSX: GUD) (OTC: KHTRF)

Benzinga

Volcon To Distribute Electric Motorcycles Focused On Young Riders

Volcon Inc (NASDAQ:VLCN) has signed an exclusive agreement to distribute Torrot Electric Europa SA's line of electric off-road motorcycle products. The financial terms of the arrangement were not disclosed. Volcon will distribute Torrot's products throughout Latin America, South America, and the Caribbean Region. Torrot manufactures electric motorcycles focused exclusively on young riders aged 3…

Benzinga

Should You Buy dLocal Stock After the Fintech Company Reported Record Q1 Results?

Shares of Uruguay-based payments platform dLocal (DLO) soared double digits last week, thanks to its impressive fiscal first-quarter earnings report. However, as Latin American countries battle economic headwinds, will DLO be able to maintain its growth trajectory in the near term? Read more to find out.

StockNews.com

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Biden administration races to salvage Summit of the Americas

WASHINGTON — A brewing boycott over the invitation list to this year’s Summit of the Americas, a hemispheric gathering held every three to four years and planned for Los Angeles next month, has the Biden administration scrambling to avoid an embarrassment that could erode U.S. influence in the region.

Los Angeles Times

Cold beer to your door: brewers in Latin America go direct

With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format - delivering cold beer on demand to consumers still gathering at home with friends even as bars reopen.

Reuters

Biden risks troubled Americas summit in Los Angeles

The Summit of the Americas is a little more than two weeks away in Los Angeles, and there's still no clear answer on which countries are going

The Independent UK

First lady Jill Biden visits Panama on Latin America tour

U.S. first lady Jill Biden has arrived in Panama, her second stop on a three-country Latin America visit before the United States hosts the Summit of the Americas next month in Los Angeles

The Independent UK

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AP Week in Pictures: Latin America and Caribbean

The Independent UK

Ashley Biden positive for COVID-19, skips Latin America trip

The White House says Ashley Biden, the daughter of President Joe Biden and Jill Biden, has COVID-19 and will no longer accompany her mother to Latin America trip

The Independent UK

Madrid show explores graphic art’s role as tool of resistance in Latin America

Graphic Turn: Like the Ivy on a Wall at Reina Sofía looks at calls for social justice and responses to repression

The Guardian - UK

How the new Latin America left is seeking a greener future

Colombia's presidential front-runner Gustavo Petro wants, if he wins later this month, to stop all new oil exploration and move his country to a greener future.

Reuters

Pricey tortillas: LatAm's poor struggle to afford staples

Across Latin America, the sharpest price spike in a generation has left many widely consumed local products suddenly hard to attain

The Independent UK

Greenlane Expands Into Latin American Cannabis Market Via Agreement With Universal Distribution

Greenlane Holdings, Inc. (NASDAQ: GNLN) has entered into a distribution agreement with Universal Distribution LATAM LLC to distribute its proprietary portfolio of house brands in Latin America.

Benzinga

Greenlane Inks Distribution Deal To Expand In Latin America Market

Greenlane Holdings Inc (NASDAQ:GNLN) entered into a distribution agreement with Universal Distribution LATAM LLC to distribute its house brands in Latin America. Under the agreement terms, Greenlane has granted Universal Distribution the exclusive right to promote, market, distribute and sell the Greenlane Brands to retailers for resale in Chile, Uruguay, and Argentina. Greenlane…

Benzinga

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Benzinga

Nubank Taps Paxos To Cater To Latin America's Growing Thirst For Crypto Trading

In partnership with regulated blockchain infrastructure provider Paxos, Nu Holdings’ (NYSE: NU) Nubank announced its entry into crypto trading with a simple and safe

The Independent UK

AP Week in Pictures: Latin America and Caribbean

The Independent UK

As others are blocked, Colombians reach US through Mexico

Tens of thousands of Colombians are fleeing one of Latin America’s most populous countries on a migration route that has rarely been used

WEKU

Colombia legalized abortions for the first 24 weeks of pregnancy. A backlash ensued

The Constitutional Court issued the ruling in February of this year. It's part of a so-called "green wave" of liberalizing abortion rights in some Latin America countries. And it's led to protests.

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The Guardian - US

What Latin American feminists can teach American women about the abortion fight

A leader of Argentina’s Ni Una Menos movement on how to fight back

Axios

Pew: Over 6 million Americans — more than previously known — identify as Afro Latino

The study shows the complexities of the Afro Latino experience.

Benzinga

Adidas Shares Slide As China Lockdown Weighs On Q1 Earnings, FY22 Outlook

Adidas AG (OTC:ADDYY) reported first-quarter FY22 sales growth of 0.6% year-on-year to €5.3 billion. Currency-neutral sales declined 3% as supply constraints reduced the top-line by €400 million. Currency-neutral sales across North America rose 13%, EMEA improved 9%, and Latin America jumped 38%. The challenging market environment and COVID-19-related lockdowns in Greater China and…

Benzinga

As Amazon Struggles, This Latin American E-Commerce Retailer Smashes Q1 Estimates

E-commerce giant Amazon, Inc. (NASDAQ: AMZN) reported first-quarter results in April that showed the slowest revenue growth since the dot-com bubble burst in 2001, and issued a weak forecast for the June quarter.

Benzinga

Why Under Armour Shares Are Plunging Today

Under Armour Inc (NYSE:UAA) (NYSE:UA) reported sales growth of 3% year-on-year to $1.30 billion for its transition quarter ended March 31, 2022, missing the consensus of $1.32 billion. As announced earlier, following a three-month transition period (January 1 – March 31, 2022), Under Armour's FY23 will run from April 1, 2022, through March…

The Independent UK

AP Week in Pictures: Latin America and Caribbean

Benzinga

Why Kellogg Shares Are Trading Higher Today

Kellogg Company (NYSE:K) reported first-quarter FY22 sales growth of 2.4% year-on-year to $3.67 billion, beating the consensus of $3.59 billion. Adjusted EPS of $1.10 beat the analyst consensus of $0.93. Kellogg North America's sales decreased 1%, Europe climbed 2%, Latin America's sales gained 8%, Asia Pacific, Middle East, and Africa's sales jumped 12%.…

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