Landmark Airlift Expansion Establishes First Nonstop Link Between Mexico and The Bahamas

Claro, a Brazilian operator, has finalized the purchase of a 72.83% stake in fiber broadband provider Desktop. The deal, completed via subsidiary Claro NXT, involves 84.68 million shares. Claro plans to seek approval for a tender offer for the remaining shares. Financial terms were not disclosed. The acquisition strengthens Claro's position in Brazil's fixed broadband market.

Carlos Slim Helú, Mexico’s richest man, said the Pemex crisis is Mexico’s main problem. He cited falling output, limited investment and about $85bn in debt. Pemex reportedly ended 2025 with ~$2.5bn losses, while the government provides a bailout. Slim also backed Sheinbaum’s economic management, criticized Moody’s sovereign downgrade, and said $5bn in investments are planned, arguing output could rise by ~800,000 bpd with new investment.

IHS Holding’s board backed MTN Group’s plan to take the telecom tower operator private, according to an SEC Schedule 13E-3 filing. Shareholders will vote at an EGM in London later this year on a $2.2 billion deal to buy all outstanding IHS shares for $8.50 cash each. If approved, IHS will be delisted from the NYSE. MTN affiliates and Oranje-Nassau Développement have support totaling over 40% of votes.

The US battery storage market grew to 52 GW by June 2026, with 8.3 GW added in the first half. Key projects include Nova Power Bank (680 MW), Crimson (350 MW), Nighthawk (300 MW), Cormorant (250 MW), and Bellefield (1,000 MW). These projects highlight different approaches to battery storage, including utility contracts, corporate power agreements, and financing structures.

South Korean retail investors sold $1.1B in semiconductor 3x leveraged ETFs, notably SOXL, and shifted to ultra-short Treasuries and dividend ETFs like SCHD and JEPQ. Concerns over rising interest rates and AI investment slowdown drove the shift. SOXS saw $138.83M in net buying, while individual semiconductor stocks like SK Hynix and Nvidia also faced net selling.

Accenture's Q4 results and FY27 guidance suggest decelerating organic revenue growth, signaling a tougher demand environment for Indian IT firms like TCS, Infosys, Wipro, Tech Mahindra, and HCL Tech. Analysts expect similar moderation for Indian IT services, with potential impacts on growth and margins. Accenture's fixed-price and outcome-based work now account for 65% of bookings, reflecting a shift away from effort-based pricing.