The global landscape for service delivery, whether Business Process Outsourcing (BPO) or in-house shared services is never static. Global executives in the process of short-listing locations are unwise to simply return to the default choices of a decade ago. Things change. There...
Ecopetrol’s (BVC:ECOPETROL NYSE:EC TSX:ECP) board of directors has decided to delist the Ecopetrol ADRs (Depositary Receipts) from the Toronto Stock Exchange, pursuant to section 720 of the TSX Companies’ Manual. The decision was based, according to a statement put out this...
Moody’s Investors Service announced yesterday that it has downgraded Colombia’s government controlled petroleum company Ecopetrol’s senior unsecured ratings to Baa3 from Baa2. At the same time, the company’s BCA (Baseline Credit Assessment) was lowered to ba3 from...
Cali, January. 12, 2016 (PRNewswire) Global telecommunications provider Level 3 Communications, Inc. (NYSE: LVLT) announced the expansion of its global data center network with the opening of its newest data center facility in Latin America on December 28, 2015. Located in Cali,...
Two years after purchasing 40% of Guatemala’s Grupo Agromercantil Holding, parent company of Grupo Financiero Agromercantil and Banco Agromercantil de Guatemala, Bancolombia (NYSE:CIB BVC:BCOLOMBIA), based in Medellín, Colombia has moved to take a controlling interest in the...
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) has issued a statement indicating that, along with partner Anadarko, it has verified the presence of hydrocarbon resources at the ultra-deepwater depth of 3720 meters, via its Kronos-1 well in the Fuerte Sur block. This...
MINNEAPOLIS–(BUSINESS WIRE)—Wisconsin based vehicular filter maker Donaldson Company, Inc. (NYSE:DCI), has announced this month the agreement to acquire 100% of Industrias Partmo S.A. Partmo, a $15 million (USD annual revenues) manufacturer of replacement air, lube and fuel...