Latin America’s e-commerce industry is booming as millions of shoppers across the region venture online during the pandemic, many for the first time, forcing traditional businesses to adapt to survive.

The sector has been one of the big winners of the coronavirus outbreak as fears of infection and lockdown measures keep people at home.

“Covid-19 has been an accelerator of trends, and in electronic commerce it has been very powerful,” said Oscar Silva, an expert in global strategies with the consultancy firm KPMG in Mexico.

“More than 10 million Latin Americans who had never bought online now do so regularly,” he told AFP.

The dominant regional force is not Amazon or eBay but Mercado Libre, which has a similar business model and is present in 18 countries.

Despite the economic turmoil unleashed by the pandemic, the Argentinian company doubled its sales in the second quarter of this year thanks to

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By Marc Frank and Anett Rios



a person holding a bottle of wine: Coronavirus disease (COVID-19) outbreak in Havana


© Reuters/ALEXANDRE MENEGHINI
Coronavirus disease (COVID-19) outbreak in Havana

HAVANA (Reuters) – From a restaurant mixing take-away cocktails to a cosmetics company delivering home-made products by bicycle, Cuba’s entrepreneurs – no strangers to hardship – are coping with the coronavirus shutdown in innovative ways.

Except for a few offshore resorts, Cuba’s Communist government has kept its borders shut for seven months to curb the spread of infection and recently placed the capital Havana in lockdown for a second time due to a local surge.

The drastic action has limited deaths from COVID-19 to just 122 on the island of 11 million people, but has all but shut down the vital tourist industry – adding to economic woes from decades-old U.S. sanctions tightened by President Donald Trump.

In Havana’s colonial district, mixing restored historic buildings and urban decay, the once-thronging streets are empty of tourists

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In times of crisis, your leadership is even more critical to your company’s success.

That’s according to the small-business advocates on Wednesday’s Hispanic Small Business Town Hall. The session, which focused on the topic of leadership, was the third in a series of streaming events hosted by Inc. and Hello Alice during Hispanic Heritage Month. The event was moderated by Hello Alice CEO and co-founder Carolyn Rodz.

Here are three things the panelists say you should do while leading your team during the pandemic.

1. Be empathetic.

“Good leaders in crisis recognize what their workforce is going through,” says Moe Vela, CEO of consulting firm MoeVela, LLC and an adviser in the Clinton and Obama White House. Those leaders empathize with their employees: They listen and gain an understanding of their needs, then take steps to address their anxieties. Some of the businesses Vela has been working with during

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Strolling around town and suddenly realize you want to buy a trombone?

No problem. A new Google feature gives you an overview of items you can buy near your physical location so you won’t be trombone-less for long. 

The feature, announced by Google on Wednesday, works as follows. Enter a search phrase into Google on your phone, tap Shopping, and then select the Nearby filter on the top left. You’ll get a list of items available in stores near your location, together with prices, reviews, and other information.

Handy.

Handy.

Google says that an increased number of searches for terms such as “curbside pickup” and “safe shopping” amid the Covid-19 pandemic is what motivated these new features.

Google also highlighted a couple of other features that could be helpful during the pandemic: Now you can see whether curbside pickup or in-store pickup are available, as well as opening and closing hours

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CLEVELAND, Ohio — A test prep service and a chiropractor are struggling. A clothing shop is optimistic, while making custom masks to help get by. And an RV business is booming.

Cleveland.com spoke with 15 Northeast Ohio businesses that in August signed an open letter to Congress, requesting more federal aid to cope with the shockwaves of the pandemic. Exactly how they’re faring during the pandemic is different, but as it stretches receiving more federal relief would be helpful for most.

“Small businesses were affected greatly, depending on what industry you’re in,” said Rob Scott, regional administrator for the Small Business Administration. “Obviously, some industries like the hospitality industry, like the restaurant industry, are seeing different effects from say a manufacturing company or a service industry.”

During a July survey from Goldman Sachs, only 36% of small businesses said their business could last through another shutdown.

The Cleveland businesses that

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By Pamela Barbaglia and Joshua Franklin

LONDON/NEW YORK (Reuters) – Mergers and acquisitions came back with a bang in the third quarter as executives rushed to revisit deals left on hold at the height of the coronavirus pandemic and boardrooms regained confidence after a roller-coaster year.

A deal frenzy in September led to a record third quarter with more than $1 trillion worth of transactions around the world, mostly focused on coronavirus-resilient sectors such as technology and healthcare, according to Refinitiv data.

The third-quarter spike, however, failed to take up all the slack after a lacklustre start to the year.

M&A deals overall were down 21% at $2.2 trillion in the first nine months of 2020, with U.S. transactions coming in at $800 billion, a 43% slump from the same period last year.

“The way out of this crisis is through M&A and we have started to have really engaging

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WASHINGTON (Reuters) – U.S. President Donald Trump and Democratic rival Joe Biden hold the first of three debates Tuesday night ahead of the Nov. 3 election, and the economy is expected to be a key topic.

FILE PHOTO: U.S. President Donald Trump walks on the tarmac as he arrives on campaign travel at Dobbins Air Force Reserve Base in Marrietta, Georgia, U.S., September 25, 2020. REUTERS/Tom Brenner/

At issue: What did Trump accomplish for the economy in three tumultuous years of trade wars and tax cuts? How much blame should he bear for the mass layoffs and slump triggered by the coronavirus pandemic? Can Biden convince voters he will be a better steward of the world’s largest economy?

Before March, Trump had a clear argument for reelection. Record-low unemployment and rising wages were helping the less well-off, while a record stock market buoyed richer Americans.

Even at that point, however,

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LocalCircles, a community social media platform, conducted a survey to get the pulse of parents of school-going children on the issue of school reopening. Schools in India have been shut since March this year following onset of the Covid-19 pandemic and the related lockdowns.

The survey received over 14,500 responses from parents located in 217 districts of the country, with 61 per cent parents from Tier 1 districts, 21 per cent from Tier 2 districts and 18 per cent from Tier 3, Tier 4, and rural districts of India.

School reopening

The survey revealed that 71 per cent of the parents are not in favour of the reopening of schools; only 20 per cent want resumption of schools.

Also read: 41% of parents unable to afford education amidst Covid-19 crisis: Survey

LocalCircles had conducted a similar survey in August this year and the percentage of parents who said they wanted

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Navigating the coronavirus pandemic hasn’t been easy for business owners. Serial entrepreneur Bobbi Brown is no exception.



a woman wearing glasses and smiling at the camera: Bobbi Brown, who left her eponymous cosmetics company in 2016, is now founder and CEO of Beauty Evolution.


© Provided by CNBC
Bobbi Brown, who left her eponymous cosmetics company in 2016, is now founder and CEO of Beauty Evolution.

The beauty icon, who sold her eponymous cosmetics company to Estée Lauder in 1995, is now founder and CEO of Beauty Evolution, a lifestyle and content company. 

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“Parts have definitely been frustrating,” Brown said of the pandemic. That includes things such as being physically separated from her team.

Yet she isn’t letting those frustrations get to her. 

1. Focus on the positive

“Mostly, I’ve been focusing on the positive — the power of Zoom calls, virtual [public relations] opportunities, Instagram Lives, and having the time and space to connect with people I would’ve never met,” she said.

The self-made millionaire certainly isn’t a stranger to embracing change. She walked

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FAYETTEVILLE, N.C. (WTVD) — The Historic Downtown Fayetteville area is slowly recovering from the last six months of the pandemic with many business owners still working on finding a model that works best during this new day and age.

Since the major shutdowns back in March, Jerry McDonald, co-owner of Yellow Crayons, told ABC11 they’ve heavily relied on their online sales, seeing great numbers since May.

“First couple of months: face mask, face mask, face mask. Now, it’s a face mask and everything else,” McDonald said. The print shop has sold custom masks to government departments locally and across the region.

On top of the state-mandated shutdowns in March, the Fayetteville Woodpeckers baseball season was cancelled and major events like the famous Dogwood Festival were postponed, leaving Hay Street with very inconsistent foot traffic, according to McDonald.

FULL CORONAVIRUS COVERAGE

Christine Michaels, the President and CEO of the Greater Fayetteville

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