Wall Street closed the last trading session of 2024 in negative territory. Financiers took profits before the turn of the year, particularly in technology stocks. The tech sector experienced the day's largest decline at 1.04%. The Dow Jones fell 0.07% to 42,544.20 points. The S&P 500 declined 0.43% to 5,881.63 points. The Nasdaq dropped 0.90% to
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Category: Brazil

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Ricardo Nunes faces a pivotal moment as he begins his new term as São Paulo’s mayor. His 100-day action plan prioritizes completing ongoing projects while navigating financial constraints. This strategy aims to deliver tangible results in Brazil’s most populous city.

Education takes center stage in Nunes’ plan. The mayor aims to finish construction

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Carlos Slim, the Mexican telecom magnate who when controlled Latin American airwaves, now sets his sights on black gold. In 2024, Slim poured $1 billion into oil ventures, signifying a vibrant shift in his investment strategy.The 84-year-old billionaire obtained substantial stakes in PBF Energy and Talos Energy. He invested $602 million in PBF, raising
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Soccer superstar Lionel Messi has made a bold move into the real estate market. The Argentine player listed his property portfolio as a Real Estate Investment Trust (REIT) in Spain. This venture, named Edificio Rostower Socimi, debuted with a valuation of €223 million ($232 million).

Messi’s REIT owns a diverse array of properties. It includes s

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Cocoa costs skyrocketed to unmatched heights in 2024, surpassing all major commodities. The marketplace saw a shocking 175% gain over 12 months. This remarkable rise stemmed from bad harvests in Ivory Coast and Ghana, the world's leading cocoa producers.Supply worries and market volatility drove cocoa futures to record levels. Rates reached
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The Mexican peso ended 2024 on a weak note against the U.S. dollar. Experts and the Bank of Mexico (Banxico) pointed to favorable bets on the American currency as the primary cause. Speculative changes also played a role ahead of the U.S. administration change.Banxico's records show the peso closed at 20.8829 systems per dollar in interbank o
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