AGP Executive Report
Last update: 9 hours agoAsset Servicing Deal: State Street agreed to acquire the Santander CACEIS Latam Securities Services joint venture across Brazil, Mexico, and Colombia, boosting custody and fund administration for institutional investors with about $470B in assets under custody. Payments Expansion: ACI Worldwide teamed with dLocal to let merchants process local payment methods via one integration, with Pix and Mercado Pago in Brazil and OXXO/SPEI in Mexico, and a planned rollout that includes Colombia. Industrial Automation Demand: Control valves are forecast to grow at a 7.90% CAGR through 2035, driven by industrial automation and digitalization. Energy Tech Growth: Residential air-to-water heat pumps are projected to reach $22.18B by 2035 as decarbonization pushes efficient heating. Construction Equipment Earnings: HD Hyundai Construction Equipment reported Q2 operating profit up 92% to 248.9B won, with Latin America revenue up nearly 30% on mining equipment demand in Colombia and Peru. Colombian Agritech Recognition: Colombian agricultural engineer Martha Lucía Orozco Cárdenas received a U.S. Congress award for space agriculture work, including “space dwarf tomatoes” tied to NASA’s Deep Space Food Challenge. Trade Policy Watch: The U.S. imposed forced-labor Section 301 tariffs on 60 economies, with Colombia-facing impacts flagged by tariff tier and exemption lists.
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.