TLA Times | November 26, 2019
REGION
Greek taxi company Beat adds service to 10 Latin American cities
Ekathimerini.com reports that Beat, a Greek taxi company, is expanding its footprint in Latin America. Beat is adding Bueno Aires in Argentina; Durango, Villahermosa, Queretaro, Saltillo, Leon, Aguascalientes and La Laguna in Mexico; and Bucaramanga and Barranquilla in Colombia. It already serves 12 other cities in the region. Beat ranks second among taxi companies in Colombia and Chile and third in Mexico. Details
BRAZIL
Brazil ratifies deal with U.S., hopes to attract space launch business
The Brazilian Senate has ratified a deal with the United States that allows American spacecraft to be exported to Brazil and to be launched, Space News reports. The next step for Brazil is to provide infrastructure for the Alcantara launch site. “We are open for business, open for partnerships,” Brazil’s minister of science, Marcos Pontes, says. Despite Brazil’s enthusiasm for the concept, it has no U.S. customers lined up for the site. Details
UBS eager to grown in new market, partners with Banco de Brasil
Swiss banking giant UBS has entered into a joint venture with Banco de Brasil in an effort to make headway in Brazil, finnews.com reports. The move comes as UBS is expected to cut jobs in its South American unit and part of a reorganization. UBS officials say the partnership will reduce the pressure on bank fees in Brazil. Details
MEXICO
Marriott International Launches All-Inclusive Platform in Riviera Nayarit and Punta Cana
United Airlines is interested in slots that JetBlue is abandoning
United Airlines wants to add another flight from San Francisco to Mexico City, the pointsguy.com blog reports. United, which makes two daily flights from San Francisco to Mexico City, wants a third. The airline is asking regulators to give it the slots that JetBlue is returning in January. Details
AT&T will lease equipment in Mexico to Telefonica for eight years
To reduce debt, AT&T has agreed to lease equipment for last-mile hookups in Mexico to Telefonica, Business Insider reports. The deal will run a minimum of eight years and give Telefonica access to 3G, 4G and future technology. The money involved in the deal was not made public. The United States telecom giant has been trying to get money out of its international assets, ignoring criticism that the company is hurting its long-term position. Details
FUN IN THE SUN
Ride the Gaucho trail in southern Brazil
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