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Earlier this month, according to various eyewitness reports, around 100 independent Rappi delivery contractors burned their trademark orange merchandise totes in front of Rappi’s offices in the north of Bogotá.  Rappi delivery contractors are not employees but independent...

Austral Re and Terra Brasis Re announced today that they have signed an investment agreement to merge their activities. This union will result in the second-largest Brazilian reinsurer in terms of reinsurance premiums underwritten (R$ 672 million in combined gross premiums...

Avianca Holdings S.A.,  (NYSE: AVH) (BVC: PFAVH), through its subsidiaries Grupo Taca Holdings Limited and Nicaraguense de Aviacion S.A., closed the sale of its shares in Turboprop Leasing Company Ltd., parent company of the Costa Rican airline Servicios Aéreos Nacionales S.A...

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...

“Like everything a success”, said event organizer Guillermo Pajón. Colombiá’s Feria de las 2 Ruedas motorcycle industry event offered something for everyone: Industry businesspeople, importers, exporters from around the world, and on the last two days of the expo,...

Bogotá continues to consolidate itself as a leader in the high end office market according to a study performed by global real estate firm Cushman & Wakefield. According to the study, Bogotá comes in second, just after Santiago de Chile, with 167 m2 of class A space per 1,000...

TalentoTotal’s first TotalMBA Prep Fellow, Thomaz Barbosa, recently earned acceptance to the Full-Time MBA Programs at both Harvard Business School (HBS) and the Northwestern University Kellogg School of Management. TalentoTotal, an international non-profit organization created...

Amazon Web Services (AWS) (NASDAQ: AMZN) announced in Bogotá yesterday that it would activate an edge location in Colombia by the end of 2019, making Colombia Amazon AWS’s first Latin American network access point outside of North America or Brazil. The cloud services and retail...

Latin American corporate credit indicators point toward varying leverage trends across the region, with the majority of countries experiencing stabilizing and decreasing leverage, according to a series of new Fitch Ratings reports. “Following a heavy election cycle in 2018,...

Colombian petroleum producer Ecopetrol S.A. has announced that José Cotello, who had been serving as Regional Vice President Orinoquía (VRO) since 2015, was appointed as President of the Ecopetrol subsidiary in Brazil and will assume his new functions as of April 1, 2019. The...