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The Latest Breaking News from South America

Why South America's breadbasket isn't the answer to global wheat crisis

Montevideo (AFP) - As the world faces a growing food crisis provoked by Russia's invasion of Ukraine, many have looked to South America's "breadbasket" -- major wheat producers Brazil and Argentina, along with Uruguay and Paraguay -- as a possible solution.

AFP

Yacht used by former hotel boss in drug run to be sold off

Border Force swooped on the SY Atrevido yacht and discovered a 750kg drug haul

Liverpool Echo

Vaccines bring optimism as COVID cases soar in South America

After a reprieve of months, confirmed cases of COVID-19 are surging in the southern tip of South America

The Independent UK

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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

Modified Nissan Ariya To Drive From North To South Pole In 2023

The world's first all-electric driving adventure will take the team from the magnetic North Pole to the South Pole through North, Central and South America.

InsideEVs

Luis Suarez says he's had multiple transfer approaches as move to Premier League on cards

Luis Suarez will leave Atletico Madrid after two years in the Spanish capital but is determined to remain playing in Europe despite numerous offers from South America

Daily Mirror

Green light for return of red-footed tortoises to Argentina

Last seen in the South American country 20 years ago, 40 are being reintroduced to El Impenetrable park in the coming weeks

The Guardian - UK

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Chilly weather grips South America as southern Europe faces exceptional heat

Analysis: The presence of cooler water can have wider-ranging impacts on global weather patterns

The Guardian - UK

Yemen’s Food Basket Jumps by 85%, Govt Considers S. American Alternative

Yemen’s Ministry of Industry and Trade said it is looking for alternative markets to buy wheat from South America and Asia in order to cover the disruption to global wheat supplies generated by the fallout from the conflict in Ukraine. A senior official in the Ministry said Yemen is considering…

Asharq Al-Awsat

Scientists neutralize pit viper venom with compound from fruits and vegetables

A substance found in fruits and vegetables can neutralize the venom of a poisonous pit viper common in much of South America, Brazilian researchers have discovered.

Reuters

Banana paper could save East Africa's potatoes from devastating worms

Potatoes originated in South America, where they were domesticated about 8,000 years ago. The plants were eventually brought to Europe in the mid-1500s, from where they spread to the rest of the world.

The Conversation

Ancient crocodile species discovered after 7-million-year-old fossil found in Peru

According to a Peruvian research team that analyzed jaw and skull remains of the species, the animal likely would have probably crossed the Atlantic Ocean to the coast of South America

Daily Mirror

South American weevils released in UK waterways to tackle invasive weed

Non-native bugs will be first attempt at using biocontrol on floating pennywort, after years of research

The Guardian - UK

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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Reuters

Peru community wants its land back, threatening Chinese copper mine

The community of Fuerabamba in the Andean region of Peru was resettled eight years ago to make way for a giant Chinese-owned copper mine, in a $1.2 billion scheme billed as a model solution to protests dogging the South American nation's mining sector.

Benzinga

Aptiv Q1 Earnings Top Estimates

Aptiv PLC (NYSE:APTV) reported first-quarter FY22 sales growth of 4% year-on-year to $4.18 billion, beating the consensus of $4.04 billion. Revenue rose 4% adjusted for currency exchange and commodity movements. Revenue in North America rose 7%, South America increased 24%, Europe fell 5%, and Asia increased 9%, which includes growth of 14% in…

Manchester Evening News

Former Rochdale doorman branded Kinahan cartel 'enforcer' in US government sanctions against infamous Irish cartel

Johnny Morrissey, 62, now living in Spain, has been accused of facilitating international drug shipments from south America into Europe

Benzinga

Ingredion Clocks 17% Top-Line Growth Amid Inflationary Pressures

Ingredion Inc (NYSE:INGR) reported first-quarter FY22 sales growth of 17% year-on-year to $1.89 billion, beating the consensus of $1.77 billion. Sales in North America increased 24% Y/Y to $1.2 billion, South America fell 8% to $252 million, Asia-Pacific grew 16% to $272 million, and EMEA climbed 20% to $194 million. The gross profit…

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Benzinga

Why Ball Corp Shares Are Trading Lower Today

Ball Corporation (NYSE:BLL) reported first-quarter FY22 sales growth of 18.9% year-on-year to $3.72 billion, beating the consensus of $3.5 billion. Beverage packaging, North and Central America sales rose 24.2% Y/Y, Beverage packaging EMEA increased 18.3%, Beverage packaging South America gained 1.4%, and Aerospace segment sales rose 18.8%. Beverage can shipments rose 10% and…

Benzinga

Tupperware Shares Plunge On Q1 Miss, Underperformance Across All Segments

Tupperware Brands Corp (NYSE:TUP) reported a first-quarter FY22 sales decline of 16% year-on-year to $348.1 million, missing the consensus of $356.8 million. Net sales were down in all segments, with the decrease primarily driven by lower recruiting and overall sales force activity, due to the Russia/Ukraine conflict and lockdowns caused by the Omicron…

Inverse

May 2022 Total Lunar Eclipse: You need to see the first Blood Moon of the year

The site of a "blood moon" will startle some observers, but don't worry — it's just a chance cosmic alignment, one of two in 2022.

Daily Mirror

Edinson Cavani left in transfer limbo as trio 'give up' on signing Man Utd star

Manchester United forward Edinson Cavani has been linked with a move back to South America following an injury-ravaged season at Old Trafford - but even that now seems in doubt

Benzinga

Lear Q1 Earnings Top Estimates; Cuts FY22 Outlook

Lear Corp (NYSE:LEA) reported a first-quarter FY22 sales decline of 3% year-on-year to $5.21 billion, beating the consensus of $5.04 billion. Global vehicle production decreased 4% Y/Y, with North America down 2%, Europe shedding 18%, and China climbing 8%. Net sales from North America rose 9.3% Y/Y, Europe and Africa fell 13.8%, Asia…

The Guardian - US

‘We were told our brothers were dead’: Chile’s lost tribe reclaims identity

History books said the Selk’nam, inhabitants of Tierra del Fuego at the southern tip of South America, were extinct but Chile may be about to legally recognize their descendants

Benzinga

Ballantyne Partners With GDC Technology To Deploy Digital Servers To Caribbean Cinemas

Ballantyne Strong Inc (NYSE:BTN) subsidiary, Strong Technical Services, has partnered with GDC Technology Limited (GDC) to deploy digital cinema servers to Caribbean Cinemas. The financial terms of the four-year agreement were not disclosed. Caribbean Cinemas owns and operates 583 screens in the Caribbean Islands, Central, and South America. STS will assist with the deployment…

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