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Colombian state-controlled oil company Ecopetrol (NYSE: EC) (BVC: ECOPETROL) was among the exploration block winners today at an auction in Brazil and now holds the rights to a portion of the oil extracted from the Santos basin off the coast of South America’s largest...

Though Los Andes continues to excel, the nation’s other institutions continue to lag behind many of their regional peers in the rankings.

Latin America's ability to end extreme poverty and boost prosperity will depend "to a very large degree on the social inclusion of Afro-descendants," says the World Bank.

The LATAM Group already owned more than 70% of Multiplus as the controlling stakeholder and will purchase the remaining shares of the São Paulo-based firm.

Bogotá was recognized for its "Laboratory of Innovation for Social Organizations” initiative that has helped promote citizen participation.

The Ernesto Illy International Coffee Award winner will be announced during a ceremony at the world-famous Rockefeller Center on October 4.

Within this role, Caballero will be the compliance agent for financial reporting to the Colombian Finance Superintendency.

The retail giant plans to hire 400 people by the end of October and reach 600 employees by the end of the year.

The visit will be a part of the secretary’s larger trip to South America, including stops in Brazil, Argentina, and Chile.

In April, Colombia, Brazil, Argentina, and others suspended their membership in an organization facing leadership issues and no consensus regarding relations with Venezuela.