URUGUAY

Latin America Data Center Construction Market Report 2024: Key Players Include AECOM, Aceco TI, Afonso Franca Engenharia, Quark, Zeittec, Soben, Quark, Gensler, Turner Construction and ZFB Group - ResearchAndMarkets.com

Retrieved on: 
Mercredi, mai 8, 2024
Technology, Commercial Building & Real Estate, Construction & Property, Data Management, WOM, USD, World Bank, ZFB, Organization, Free-trade zone, Internet, Investment, BNPL, Information, Policy, Schneider Electric, CloudHQ, FTZ, AECOM, Ministry, Communication, Turner Construction, UPS, N+1, Fluor Corporation, Atmosphere, ABB, Growth, Jacobs Solutions, Airline

The "Latin America Data Center Construction Market - Industry Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Data Center Construction Market - Industry Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Latin America Data Center Construction Market was valued at USD 1.36 billion in 2023, and is projected to reach USD 2.32 billion by 2029, showcasing a CAGR of 9.25%.
  • Brazil led the Latin America data center construction market in 2023, accounting for over 40% of the market share in investments.
  • AECOM, Aceco TI, Afonso Franca Engenharia, Fluor Corporation, Jacobs Engineering, Constructora Sudamericana, Quark, Zeittec, Modular Data Centers, Soben, KMD Architects, Syska Hennessey Group, Quark, Gensler, Turner Construction, and ZFB Group are some of the key players in Latin America data center construction market.

Red Hat Helps AGESIC Scale AI Innovation Across Uruguay

Retrieved on: 
Mardi, mai 7, 2024
Apps, Applications, Technology, Mobile, Wireless, Security, Other Technology, Software, Internet, Data Management, Artificial Intelligence, Knowledge, OpenShift, Public sector, API management, Red, Platform as a service, MLOps, DevOps, Artificial intelligence, Software as a service, Infrastructure as a service, Environment, Red Hat, Information, Electronic, Government, Medical device

Red Hat, Inc., the world's leading provider of open source solutions, today announced that AGESIC, Uruguay’s Agency for Electronic Government and Information and Knowledge Society, responsible for leading e-government strategy and implementation, has adopted Red Hat OpenShift AI on Red Hat OpenShift to extend, scale and standardize the use of AI across Uruguayan government agencies.

Key Points: 
  • Red Hat, Inc., the world's leading provider of open source solutions, today announced that AGESIC, Uruguay’s Agency for Electronic Government and Information and Knowledge Society, responsible for leading e-government strategy and implementation, has adopted Red Hat OpenShift AI on Red Hat OpenShift to extend, scale and standardize the use of AI across Uruguayan government agencies.
  • AGESIC sought to extend its AI platform capabilities with Red Hat OpenShift AI, a flexible, scalable MLOps platform for building, deploying and managing AI-enabled applications across a variety of environments.
  • With Red Hat OpenShift AI, AGESIC has begun automating the creation and development process of its AI models and managing model lifecycles, which has enabled standardization of AI usage across all Uruguayan governmental agencies.
  • Moving forward, the agency is continuing its work with Red Hat to explore how it can use additional technologies like Red Hat 3scale API Management and Red Hat OpenShift Data Foundation to further innovation in the public sector.

MINERVA FOODS RECORDS CONSOLIDATED GROSS REVENUE OF BRL 7.7 BILLION IN THE FIRST QUARTER OF 2024

Retrieved on: 
Jeudi, mai 9, 2024
United Nations, Meat, UN, Power, Net, ALC, Minerva, United, Farm, Acquisition, Sustainable Development Goals, BRL, Working capital, Bookkeeping

SÃO PAULO, May 9, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the leading exporter of fresh beef and its derivatives in South America, which also operates in the processed meat segment, presents its financial results for the first quarter of 2024 (1Q24) to the market.

Key Points: 
  • Over the last 12 months up to March 31, recurring free cash flow totaled BRL 1.3 billion, resulting in a free cash flow yield (annualized) of 35%*.
  • After Financial Expenses, Capex, Working Capital, and disregarding expenses related to the acquisition of ALC (Australia Lamb Company) and BPU Meat (Uruguay), the index totaled BRL 1.5 billion.
  • Consolidated Gross Revenue in 1Q24 reached BRL 7.7 billion, with exports accounting for 58% of this amount.
  • EBITDA for the first quarter of 2024 reached BRL 628.9 million, with an EBITDA margin of 8.8%.

MINERVA FOODS RECORDS CONSOLIDATED GROSS REVENUE OF BRL 7.7 BILLION IN THE FIRST QUARTER OF 2024

Retrieved on: 
Jeudi, mai 9, 2024
United Nations, Meat, UN, Power, Net, ALC, Minerva, United, Farm, Acquisition, Sustainable Development Goals, BRL, Working capital, Bookkeeping

SÃO PAULO, May 8, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the leading exporter of fresh beef and its derivatives in South America, which also operates in the processed meat segment, presents its financial results for the first quarter of 2024 (1Q24) to the market.

Key Points: 
  • Over the last 12 months up to March 31, recurring free cash flow totaled BRL 1.3 billion, resulting in a free cash flow yield (annualized) of 35%*.
  • After Financial Expenses, Capex, Working Capital, and disregarding expenses related to the acquisition of ALC (Australia Lamb Company) and BPU Meat (Uruguay), the index totaled BRL 1.5 billion.
  • Consolidated Gross Revenue in 1Q24 reached BRL 7.7 billion, with exports accounting for 58% of this amount.
  • EBITDA for the first quarter of 2024 reached BRL 628.9 million, with an EBITDA margin of 8.8%.

dLocal to Report First Quarter 2024 Financial Results

Retrieved on: 
Mardi, avril 23, 2024
Webcast, DLO

MONTEVIDEO, Uruguay, April 23, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its first fiscal quarter ended March 31, 2024 on May 14, 2024 after market close.

Key Points: 
  • MONTEVIDEO, Uruguay, April 23, 2024 (GLOBE NEWSWIRE) -- DLocal Limited (NASDAQ: DLO, “dLocal” or the “Company”), a technology-first payments platform enabling global enterprise merchants to connect with billions of consumers in emerging markets, intends to release financial results for its first fiscal quarter ended March 31, 2024 on May 14, 2024 after market close.
  • The Company will host a conference call and video webcast on May 14, 2024 at 5:00 p.m. Eastern Time.
  • Please click here to pre-register for the conference call and obtain your dial in number and passcode.
  • The live conference call can be also accessed via audio webcast at the investor relations section of the Company’s website, at https://investor.dlocal.com/ .

Cannabis Market Flourishes Amid Global Legalization, Driving Concerns About Road Safety

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Lundi, avril 22, 2024
NGC, Financial News, Forensic Medicine Division, Medical laboratory, Workplace, Growth, Medical statistics, Legislation, Public opinion, Cannabinoid, Control, Pharmacokinetics, OTC, ACB, Chocolate, Cannabis, GACP, Edible, Curaleaf, Safety, THC, Certification, Health, Canopy Growth, Collection, Injury, Medical jurisprudence, Offense, IACT, CGC, Lord, Division, USD, University, Vital statistics, OTCQX, Tracking system, International Association, Patient, Principal, College, The College of Medicine, Drug

NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Over the past decade, the cannabis market has undergone significant expansion, driven largely by a wave of legalization efforts across the United States and other parts of the world. As state and national governments reassess their legal stance on cannabis, both for medical and recreational use, the industry has seen a surge in legitimacy and economic interest. In the United States, a majority of states have legalized cannabis in some form, reflecting a shift in public opinion and an acknowledgement of the potential medical benefits and revenue generation opportunities. Globally, countries like Canada, Uruguay, and several European nations have moved towards more liberal cannabis policies, further propelling the market's growth. The financial implications of these legalization efforts are substantial and continue to evolve. According to a report by Grand View Research, the global legal cannabis market size was valued at USD 13.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 25.5% from 2022 to 2030. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), Cronos Group Inc. (NASDAQ: CRON), Canopy Growth Corporation (NASDAQ: CGC), Aurora Cannabis Inc. (NASDAQ: ACB), Curaleaf Holdings, Inc. (OTC: CURLF)

Key Points: 
  • Globally, countries like Canada, Uruguay, and several European nations have moved towards more liberal cannabis policies, further propelling the market's growth.
  • One of the primary concerns is the correlation between cannabis use and impaired driving.
  • Studies have shown that cannabis can significantly impair motor coordination, reaction times, and decision making, which are critical skills for safe driving.
  • NGC also partners with Canadian GACP cultivators to produce and distribute finished cannabis products to both the domestic and global markets.

Rendimento/pay to Discuss Global Payments Success via Pix at APIX 2024

Retrieved on: 
Mercredi, mai 1, 2024
Apps, Applications, Technology, Finance, Business, Professional Services, Software, Networks, Data Management, Artificial Intelligence, Pix, PIX, Dabigatran, As a service, APIX, API, Central bank, Growth, IRA, Online shopping

Goni will share how the company expanded global payments via PIX on the main stage on May 23 at World Trade Center São Paulo and streaming live online.

Key Points: 
  • Goni will share how the company expanded global payments via PIX on the main stage on May 23 at World Trade Center São Paulo and streaming live online.
  • The need for cross-border payments has increased due to globalization, growth in global e-commerce, migration and record levels of worker remittance payments.
  • According to the IRA, e-commerce cross-border purchases outside Brazil have grown by 150% in the last five years .
  • Pix, an instant payment platform created and managed by the Central Bank of Brazil, enables users to make payments and transfers easily.

BTG Pactual Timberland Investment Group raises US$ 1.24 billion for core Latin America timberland strategy, exceeding target size

Retrieved on: 
Mardi, avril 30, 2024
Professional Services, Other Natural Resources, Other Professional Services, Forest Products, Natural Resources, Finance, Asset Management, Investment, Investment banking, Geography, BTG Pactual, Wealth management, TIG, Worldwide Angel, BTF, Asset management

The BTG Pactual Timberland Investment Group (TIG) announced today that it has finalized fundraising for BTF II, with equity commitments, including co-investments, totaling US$ 1.24 billion, exceeding its target size.

Key Points: 
  • The BTG Pactual Timberland Investment Group (TIG) announced today that it has finalized fundraising for BTF II, with equity commitments, including co-investments, totaling US$ 1.24 billion, exceeding its target size.
  • The BTG Pactual Timberland Investment Group (TIG) is one of the world’s largest timberland managers with US$ 6.9 billion assets and commitments and nearly 3 million acres under management throughout the U.S. and Latin America (as of Q1, 2024).
  • BTG Pactual (BPAC11) is the largest investment bank in Latin America, with a market capitalization of approximately US$ 25 billion, offering a diverse range of services, including Investment Banking, Corporate Lending, Sales & Trading, Asset Management, Wealth Management, and Banking.
  • BTG Pactual Asset Management is a division of BTG Pactual with an international presence and US$ 177 billion in assets under management and administration.

Arcos Dorados Holdings Inc. Announces the Filing of Its Annual Report on Form 20-F for Fiscal Year 2023

Retrieved on: 
Lundi, avril 29, 2024
Retail, Restaurant, Bar, Food, Beverage, Future, Arcos Dorados Holdings, Dorados de Sinaloa, ARCO

Arcos Dorados is the world’s largest independent McDonald’s franchisee, operating the largest quick service restaurant chain in Latin America and the Caribbean.

Key Points: 
  • Arcos Dorados is the world’s largest independent McDonald’s franchisee, operating the largest quick service restaurant chain in Latin America and the Caribbean.
  • Arcos Dorados is listed for trading on the New York Stock Exchange (NYSE: ARCO).
  • To learn more about the Company, please visit the Investors section of our website: www.arcosdorados.com/ir .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240429218812/en/

Bebefinn Expands with Its First Live Show, "Bebefinn LIVE - Bedtime Adventure"

Retrieved on: 
Mardi, avril 30, 2024
Crystal, Android, Book, Star Hall, Partnership, Collection, Adventure, Baby Shark, 3D, LIVE, Life, Amazon, Food, Roku, Netflix, Sibling, Medialink, Parent, The Pinkfong Company, KITEC, IOS

SEOUL, South Korea, April 30, 2024 /PRNewswire/ -- The Pinkfong Company, the global entertainment company behind Baby Shark, announced today that its latest hit, Bebefinn, will make its stage debut with its first-ever live musical show, Bebefinn LIVE - Bedtime Adventure. Presented by The Pinkfong Company and Biz Trends Media, the 65-minute show will premiere in Hong Kong on Sunday, May 12th at Star Hall, KITEC, and will tour Singapore later this summer.

Key Points: 
  • Launched in April 2022, Bebefinn has captivated the world with its joyful songs and engaging stories.
  • "We are thrilled to bring the world of Bebefinn to the stage for the very first time with Bebefinn LIVE - Bedtime Adventure," said Gemma Joo, Chief Business Officer of The Pinkfong Company.
  • "This marks an exciting new chapter for Bebefinn, allowing fans to connect with their favorite characters beyond the screen.
  • Bebefinn LIVE - Bedtime Adventure follows the Bebefinn siblings - Finn, Bora, and Brody - as they embark on a magical bedtime adventure to discover the secrets of a mysterious star that has fallen into their backyard.