Automobile production grew 16.1% year-on-year in September

The automotive industry had a 16.1% year-over-year growth in September. In the first nine months of the year, there was a decrease of 31.3% compared to the same period in 2019. Exports improved by 31.6% compared to August, although it represented a 17% drop compared to the same month in 2019. Exports in the January-September period show a 43.9% year-on-year drop.

Mercado Libre generated profits of 89.3 mn in Q2

Free Market exceeds $53.65 billion on Wall Street, during the coronavirus pandemic, expanded its business in both the e-commerce and digital finance segments. According to its balance sheet, in the second quarter of the year, it had a profit of $89.3 million. It will now also enter the insurance business in 2021. They are not going to be insurers; they are going to work hand in hand with other firms in the sector.

Issuance of sustainable securities reaches $100 million in 2020

The financing, through green bonds, started in Argentina in 2017. And so far this year, there have been issues for about $ 100 million. Green bonds are negotiable securities used to finance projects, in whole or in part, with social and environmental benefits or a combination of both. Since they began, the amounts issued in the country exceed $610 million.