AGP Executive Report
Last update: an hour agoRetail & Dining: Plaza Las Américas is adding Miami-founded Peruvian restaurant CVI.CHE 105, a $10 million project expected to create 100 jobs when it opens in autumn 2027. Drinks: Diageo’s first-quarter sales rose 1.2% to $4.93 billion, with Latin America and the Caribbean leading regional growth as North America remained weak. Digital Finance: Revolut closed a $115 billion fundraise as it expands in the region, launching a bank in Mexico and securing licences in Colombia and Argentina. Food Delivery: iFood has sued Keeta in Brazil, alleging predatory discounts and improper efforts to recruit restaurants with exclusive deals—an intensifying fight that could reshape competition for diners and merchants. Consumer Banking: Paraguay’s Ueno Bank collapse left millions unable to access funds; President Santiago Peña resigned as the crisis deepened, with frozen accounts also affecting pension payments.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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