Latest news with #LATAM
Business Upturn
20 hours ago
- Automotive
- Business Upturn
CLSA upbeat on Bajaj Auto's growth plans; maintains ‘Outperform' with Rs 10,149 target price
By Markets Desk Published on June 6, 2025, 08:17 IST CLSA has maintained its Outperform rating on Bajaj Auto with a target price of ₹10,149, following management commentary that reinforced its growth focus across segments. Post its management interaction, CLSA highlighted key takeaways: Bajaj Auto aims to gain market share in the 125cc+ motorcycle segment, via Pulsar model refreshes and potentially new brand launches. It will launch a Chetak e-scooter with 3kWh battery, to deepen its play in electric two-wheelers (e2Ws). The company is confident of 15–20% export volume growth in FY26, driven by LATAM traction and recovering African markets. A turnaround in KTM is targeted by 2026, post its recent restructuring and as Bajaj takes a controlling stake. Bajaj Auto will soon launch an e-rickshaw with Li-ion battery, complementing its current e3W portfolio. CLSA believes these multiple growth drivers position Bajaj Auto for sustained outperformance across domestic and export markets. Disclaimer: The views and target prices mentioned in this article are as stated by CLSA. They do not represent the opinions or recommendations of this publication. Readers are advised to consult their financial advisors before making any investment decisions. Markets Desk at
GSM Arena
a day ago
- Business
- GSM Arena
Smartphone shipments in LATAM fall 4% in Q1 2025, Samsung and Xiaomi in the lead Comments
Smartphone shipments in LATAM fall 4% in Q1 2025, Samsung and Xiaomi in the lead Comments
GSM Arena
a day ago
- Business
- GSM Arena
Smartphone shipments in LATAM fall 4% in Q1 2025, Samsung and Xiaomi in the lead
The Latin American smartphone market declined by 4% in Q1 2025 year-on-year, ending a six-quarter growth streak. The region reached 33.7 million shipments, down from 34.9 million last year. Brazil showed a rather modest growth of 3% during the period. Brazil is also the region's biggest market, accounting for 38% of the total smartphone sales. Mexico is the second-biggest market, with 22% of the shipments, but sales dipped by 18%. This sharp decline is likely due to increased competition in 2024, which forced aggressive device renewal. The Central America region ranks third, recording a 7% decline in sales, while Colombia and Peru, fourth and fifth, respectively, also experience declining sales. When it comes to brands, Samsung continues to hold the first place while posting a healthy 7% year-on-year growth, mainly driven by its low-end models. The same goes for Xiaomi, which saw an even bigger 10% growth, again mainly due to its affordable Redmi lineup. Motorola fell to third place and experienced a 13% decline in total sales, while Honor rose to fourth place with 2% more shipments. In contrast, Transsion took the biggest hit with a 38% decline in sales and slipped to fifth place. Analysts think this is due to increased competition and restructuring in channel inventory. Looking ahead, Canalys projects that the LATAM market will contract by 1% in 2025 due to rising economic uncertainties and fear of tariffs. People are putting off non-essential upgrades, extending the upgrade cycle. As an emerging market, Latin America is strongly influenced by geopolitical and global economic headwinds. For example, the rising USA-China tensions could potentially trigger economic instability and inflation in the region. Vendors are also being cautious, though. They've pulled back on aggressive sales strategies and kept inventories low during Q1 2025, which also affected the market performance in the region. Source
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Oil Falls on Report That Saudi Arabia Favors More Production Increases
0008 GMT — Oil edges lower in the early Asian session. There is a report 'indicating that Saudi Arabia is exerting considerable pressure for a more aggressive increase in oil supply by OPEC+,' Antonio Di Giacomo says. The 'kingdom is actively seeking to regain market share, a goal that is driving its desire to accelerate production increases in the coming months,' says the financial markets analyst for LATAM. The country's strategy focuses on getting OPEC+ to boost production by at least 411,000 barrels per day in August and September, the analyst adds. Front-month WTI crude oil futures are down 0.3% at $62.65/bbl; front-month Brent crude oil futures are 0.1% lower at $64.79/bbl. (
Refinery29
3 days ago
- Entertainment
- Refinery29
Miami Swim Week Trends, From Swim Skirts To Crochet-Everything
Every May, Miami 's streets get an extra dose of vibrant colors, shimmering fabrics, and glistening skin as brands, models, influencers, and fashion lovers congregate for a celebration of swimwear and resortwear. And this year's Paraiso Swim Week was no exception — making a splash with every show and preview. From local Miami-based brands, like Monday Swimwear, to up-and-coming LATAM brands presented by Vogue Mexico and many more, the runways featured new collections and trends to get excited about. Some still ring true from 2024's swim week, like ombré sunset palettes, netted coverups, sparkles galore, and cowboy-styling touches. But we made sure to look out for fresh, unexpected trends that'll have you standing out this summer. A welcomed return of swim shorts, surprising fiery red statement pieces, unexpected resortwear cardigans, and countless other styles beckoned to us like sirens. Ahead, explore the top Miami Swim Week trends to elevate your own swim collection and inspire your summer vacation outfits.
