Business news americas
Here are some of the latest business news from the Americas:
United States:
- Amazon to acquire MGM Studios: Amazon has agreed to acquire MGM Studios for $8.45 billion, expanding its presence in the entertainment industry. (Source: CNBC)
- Tesla's stock surges: Tesla's stock price surged 12% after the company reported a surprise profit in the first quarter. (Source: Bloomberg)
- Walmart to acquire Cornershop: Walmart has agreed to acquire Cornershop, a Chilean grocery delivery company, for $225 million. (Source: Reuters)
- US-China trade tensions ease: The US and China have reached a tentative agreement to ease trade tensions, with the US agreeing to delay tariffs on some Chinese goods. (Source: The New York Times)
- Goldman Sachs to launch cryptocurrency trading: Goldman Sachs is set to launch a cryptocurrency trading desk, allowing clients to buy and sell digital currencies. (Source: Bloomberg)
Canada:
- Suncor Energy to acquire Cenovus Energy: Suncor Energy has agreed to acquire Cenovus Energy in a deal worth $23.6 billion. (Source: The Globe and Mail)
- Canadian Tire to acquire Helly Hansen: Canadian Tire has agreed to acquire Helly Hansen, a Norwegian outdoor apparel company, for $985 million. (Source: The Globe and Mail)
- Air Canada to launch low-cost carrier: Air Canada is set to launch a low-cost carrier, called Air Canada Rouge, to compete with budget airlines. (Source: The Globe and Mail)
- Canadian economy grows: Canada's economy grew at an annualized rate of 1.3% in the first quarter, driven by strong consumer spending. (Source: The Globe and Mail)
- Toronto Stock Exchange to launch cryptocurrency trading: The Toronto Stock Exchange is set to launch a cryptocurrency trading platform, allowing investors to buy and sell digital currencies. (Source: Bloomberg)
Latin America:
- Brazil's economy grows: Brazil's economy grew at an annualized rate of 1.1% in the first quarter, driven by strong consumer spending and investment. (Source: Reuters)
- Mexico's economy contracts: Mexico's economy contracted at an annualized rate of 0.4% in the first quarter, due to weak manufacturing and construction activity. (Source: Reuters)
- Chile's economy grows: Chile's economy grew at an annualized rate of 2.1% in the first quarter, driven by strong consumer spending and investment. (Source: Reuters)
- Argentina's economy struggles: Argentina's economy is struggling due to high inflation and a currency crisis, with the country's central bank intervening to stabilize the peso. (Source: Bloomberg)
- Colombia's economy grows: Colombia's economy grew at an annualized rate of 2.5% in the first quarter, driven by strong consumer spending and investment. (Source: Reuters)
These are just a few of the latest business news from the Americas. If you're looking for more information, I'd be happy to help!