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Unisys Corporation (NYSE: UIS) has announced this past week that Empresas Públicas de Medellín (EPM) has renewed its contract for cybersecurity with Unisys, covering information security threat and event management For EPM’s domestic Colombian operations. The renewal means Unisys...

During the third quarter of 2015, Colombia’s Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) announced operating revenues amounting to US$1.12 billion and a net income of US$102.1 million, an increase of US$ 68.9 million over 3Q 2014. As such, net margin was 9.1%, 6.4% above the...

Fitch Ratings expects operating margins for Colombia Telecomunicaciones S.A. E.S.P. (Coltel) to weaken in the short to medium term due to the slow pace of revenue diversification and a downward trend for average revenue per user (ARPU). Despite the ongoing challenges, Fitch...

Daniel Bluman of Colombia opened international show jumping competition with a win in the $20,000 International Jumper Power and Speed on Tuesday, November 10, at the Royal Horse Show, held as part of The Royal Agricultural Winter Fair in downtown Toronto, Canada. Show jumping...

Roughly 20 alternative agricultural and sustainable forestry investments will be presented to national and international investors this Thursday during the Agri Investment Latam symposium at the Hilton Bogotá (from 8am to 8pm), sponsored by Agrofuturo and ColCapital. Colombian...

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated two high-ranking members of the violent Colombian drug trafficking organization Los Urabeños as Specially Designated Narcotics Traffickers (SDNTs) pursuant to the Foreign Narcotics...

Global law firm Baker & McKenzie has launched the Cross Border M&A Index, a study in conjunction with Merger Market, which forecasts a 10% growth in cross border M&A transactions driven primarily by the US, EU, and Asian markets. Still, of the $375 billion (USD)...

The Inter-American Development Bank (IDB) has approved a $500 million loan that will support reforms of Colombia’s financial system and contribute to the economic growth of the country. The reforms are designed to promote an increase in financing for productive development,...

On Sept. 11, 2015, Bancolombia announced an agreement to acquire an additional 20% stake in Banco Agromercantil de Guatemala which would bring the bank’s share of Banco Agromercantil de Guatemala’s equity to 60%. Once the transaction is approved by regulators in both...

Credivalores-Crediservicios SAS, a large consumer lender in Colombia, announced on October 13 the successful closing of a COP $ 270,000 million ($93 million USD) syndicated structured loan with a tenor of 60 months and a revolving availability period of 3 years. This new facility...