Tag

In the last 12 months, just 20 percent of cell phone users in Colombia have changed their provider, followed by 19 percent in Brazil and Mexico, 17 percent in Chile and Peru, and just nine percent in Argentina. Across Latin American countries, only 20 percent or less of cell...

Medellín based Grupo SURA´s insurance and risk management subsidiary, Suramericana S.A., has announced that it has reached a definite agreement to acquire RSA Insurance Group PLC´s operations in Latin America, for a total of £403 million British pounds, representing COP 1.91...

Latin American oil and gas explorer GeoPark Limited (NYSE: GPRK), with current operations in Chile, Colombia, Brasil, and Argentina, has announced a new oil field discovery following the drilling of the Chachalaca 1 exploration well, located on the Llanos 34 Block in Colombia,...

Indian motorcycle company Royal Enfield wants to expand globally, and it is targeting Colombia as a key market. “Currently we are an Indian company,” CEO Siddhartha Lal told India’s Business Standard in July. “We want to be a global player.” Royal Enfield boasts that...

Washington DC based Blackboard today announced the acquisition of Bogota based Moodle solutions provider Nivel Siete. By merging, the two companies expect to be able to offer more services and solutions to organizations that leverage Moodle, and support a greater number of...

Empresas Municipales de Cali (EMCALI) has launched an advanced energy project this summer in the city of Cali, Colombia that will actively manage electrical consumption and supply in selected buildings throughout the capital of the Valle de Cauca. After a successful initial...

Gran Tierra Energy Inc.  (NYSE MKT: GTE, TSX: GTE), Calgary, Canada based company focused on oil exploration and production in South America, announced last week, an increased 2015 capital program intended to provide accelerated development drilling at the Company’s core...

Fitch ratings recently published a “Latin American Airlines Dashboard” for the first half of 2015. According to the ratings firm, Latin American airlines face a challenging scenario for the rest of 2015. The benefits from lower fuel costs are being offset by declining yields,...

EMC Corporation (NYSE: EMC) announced today that the 2015 EMC Heritage Trust Project is now accepting nominations for grants. Grants will support projects that practice and encourage the stewardship of cultural information in local communities around the world. To date, EMC has...

Colombia’s largest chain of brew pubs, Bogota Beer Company (BBC), has been sold to Ambev, the Brasil based subsidiary of global beer and beverage giant Anheuser-Busch Inbev, owner of brands such as Budweiser, Corona, Skol, and Stella Artois. The transaction was led by Colombian...