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Last week United Airlines (NASDAQ: UAL) moved to remove longtime chairman and controlling shareholder Germán Efromovich from Avianca’s  (NYSE: AVH) (BVC: PFAVH), board of directors. Adding insult to injury, United installed Roberto Kriete as the board’s new chairman. All this...

Interjet Airlines is beginning service between Mexico and several South America destinations including Medellín, Colombia, Guayaquil, Ecuador and Lima, Peru. These new flights will serve both the business and leisure traveler expanding Interjet’s footprint into South Americ...

In “Operation Poena,” conducted jointly between Colombia’s National Police, Argentina’s Federal Police and Interpol, 74 year old Argentine executive Roberto Jorge Rigoni was captured in Campana, Argentina, 90 kilometers outside of Buenos Aires. According...

Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf...

Fitch Ratings has announced today that it has affirmed Colombia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ and revised the Rating Outlook to Negative from Stable. Colombia’s Negative Outlook reflects risks to fiscal consolidation and...

Hosted by GFC Media Group, Project Finance & Capital Markets Latin America, exclusively designed for projects in Latin America to be unlocked, and innovative financing solutions in capital markets can be discussed, will be launching on September 4th 2019, at The Four Seasons...

Japanese multinational Mitsubishi Electric (TYO: 6503) has received threats via an anonymous pamphlet that threatens several managers and supervisors of its Bello, Antioquia factory, and accuses several employees as being complicit with the “Pachelly” criminal gang active in the...

Today Fitch Ratings announced the appointment of managing director Carlos Fiorillo as head of Latin America, effective immediately. Fiorillo succeeds Peter Shaw, who has retired after 25 years of service at Fitch. Most recently, Fiorillo was the head of Fitch’s Mexico operations,...

Next May 28th in Medellín’s Hotel Intercontinental, engineers from around the country are invited to a seminar and workshop on flexible technical solutions for the control and mitigation of geologic and geotechnical risks, led by Geobrugg AG – Warco with support from the...

Liberty Seguros, subsidiary of US based Liberty Mutual Insurance Group, is selling its group, labor and individual life insurance business in Colombia to local insurer Seguros Bolivar. Finalization of the transaction is subject to the approval of Superfinanciera, the Financial...