Grupo Éxito will open a point in Bogota for its cash & carry Surtimayorista
The Grupo Éxito wholesale brand, Surtimayorista, announced the opening of a new point of sale in the Quirigua neighborhood, in the center of Bogotá, which will have about 1,194 square meters.
The strategic movements of the La 14 Group
Last updated on September 21st, 2018The Business Group 14 decided to adjust its governing body. Gustavo Andrés Cardona Mejía was appointed as general manager. The economist, linked to the organization for eight years, will assume that position temporarily, replacing Manuel Guillermo Escobar.
Entrepreneur Survey: sales expectations and profitability decline
Expectations of sales growth and profitability among Argentine businessmen fell to the lowest levels of the last three years. The data comes from the traditional survey that the EY consultant performs among those attending the conventions of the Argentine Institute of Finance Executives (IAEF).
Vaca Muerta: in 2022, US $ 15,000 million will be exported
The Vaca Muerta energetic pole and the possibilities of growth from the increase of meat exports were two of the topics that aroused the enthusiasm of the businessmen in the day of the Argentine Business Association.
Dollar: neither Turkey nor gloriagate, the key is the plan
The “turbulence” in the markets of Argentine financial assets in recent months are not the consequence of isolated phenomena. It was sought first to make the fault fall in the increase of the interest rates in the United States. Then there was Trump and his…
The industry only used 61.8% of its capacity in June
The use of installed capacity in the industry showed, in June, an occupancy level of 61.8%. Thus, this indicator that relieves the National Institute of Statistics and Census (INDEC), registered a fall of 7.9% if compared with the level of the same month last year….
For more exports, the deficit with Brazil narrowed 13.6% in the year
So far this year, Argentine exports to Brazil increased 14.9% and imports only grew 1.8%. Thus, between January and July, the deficit was US $ 3,899 million, 13.7% less than in the same period of 2017. Commercial red is shrinking at the pace of lower…
Coca Cola admits a brake on consumption and relaunched Ades to expand
“The first four months of the year were very good, but we have a brake on consumption between May and June, now we are on par with sales in 2017 and we expect to close this year at the same levels as last year.” Franck…
Delays in the Cortissoz were not due to bad weather: controllers
Two flights from Avianca to Bogotá, did not comply with their itinerary, which generated chaos and discomfort among users.
Confidence, another low value in the markets
Super Wednesday, but black. The plunge suffered yesterday by the shares, accompanied by another retreat of the debt bonds – which took the country risk to levels of the K-era – reflected the difficulties that investors here and abroad have in regaining confidence in the…
OPEC Meeting Sets Curbs at 500,000 Barrels as Oil Prices Rose
Two days of OPEC meeting in Vienna, led the Opec alliance (including Russia) agree for a curb of 500,000 barrels per day on Dec 6. After aggressively shaking the oil market, Saudi Arabia has pledged additional voluntary cuts of a further 400,000 b/d. Despite warnings…
Saudi Aramco Glides its Way to Success with World’s Largest IPO
Last updated on December 7th, 2019The Initial Public Offering set to take place next week will posit Saudi Aramco as the only firm making the world’s largest IPO. In making its market debut, the state-owned firm will raise $25.6bn (£19.4bn) and emerge as the world’s…