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  • Porto Seguro launches app for brokers

    7/21/17
    Brazilian insurance company Porto Seguro launched a sales support app for brokers. The app, available on Google Play (Android) and Apple Store (iOS), is for the company's life and pension unit Porto Seguro Vida e Previdência. "We...

  • ICT: The week in 10 stories

    7/21/17
    MEXICO Telecom giant América Móvil saw its net profit rise 86% year-on-year in the second quarter of this year. The company reported a net profit of 14.3bn pesos (US$816mn). América Móvil attributed its results to the...

  • Brazil drives down business for Software AG

    7/21/17
    Affected by the uncertain economic and political environment, Brazil weighed negatively on the business of German software company Software AG in the first half of the year. This is according to the group's chief customer officer (C...

  • Oi board approves US$2.5bn capital hike

    7/20/17
    The board of directors of struggling Brazilian telco Oi has approved plans for a capital increase worth 8bn reais (US$2.53bn), as the company moves to have a new reorganization plan passed by investors. The cash boost still needs...

  • Telecom Argentina, Oracle ink agreement

    7/19/17
    Telecom Argentina has signed an agreement with Oracle to offer application servers and hosted database in the telco's cloud. Telecom Argentina will be the first company in Latin America to offer Oracle engineering systems...

  • Qualcomm income, revenues down in fiscal Q3

    7/19/17
    US chipmaker and semiconductor company Qualcomm reported that net revenue and net income decreased in its fiscal third quarter, ended June 25, compared to the same period of last year. Net revenue fell 11% year-on-year to US$5.4bn, ...