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While initially offering $175 per $1,000 face value of delinquent Pacific Exploration & Production (TSX: PRE) (BVC: PREC) notes due between 2019 and 2015, Harbour Energy subsidiary EIG Pacific Holdings has revised downward its offer to $160 per $1,000 face value, and amended...

Michael R. Bloomberg today launched Bloomberg Philanthropies’ 2016 Mayors Challenge, a competition to inspire Latin American and Caribbean cities to develop bold new ideas that solve major problems and improve city life – and that ultimately can be shared with other cities. The...

Colombia’s civil aviation authority, Aeronautica Civil, also known as Aerocivil,  approved 57 new airline routes requested by airlines in 2015, including 34 national and 23 international routes. From the dates of approval, airlines have up to 180 days to provide service on those...

Fitch Ratings’ sector outlook for Andean banks in 2016 reflects diverging trends in the Colombian and Peruvian operating environments on the one hand, and those of Ecuador and Venezuela on the other. ‘While all markets have been sensitive to the decline in commodity...

According to ANATO, the Colombian Association of Travel Agencies and Tourism, the US continues to be the top international travel destination for Colombians, a position it has held for almost a decade. The most popular travel packages are trips to Orlando and New York Cit...

Pacific Rubiales Energy Corp. (TSX: PRE) (BVC: PREC) today announced that, at the request of ALFA, S.A.B. de C.V and Harbour Energy Ltd. it has terminated the arrangement agreement for a takeover of Pacific Rubiales that was agreed to on May 20, 2015. The purchase price of $6.50...

LAUSANNE, SWITZERLAND (May 27, 2015): IMD, a global business school with campuses in Switzerland and Singapore, today announced its annual world competitiveness ranking. As part of its ranking of 61 more developed and sizeable economies for 2015, the IMD World Competitiveness...

Latin America has seen a substantial increase in LTE deployments and subscribers with an impressive 488% annual growth from 2 million LTE connections at end of 2013 to 12 million at the end of 2014. This growth is due in large part to the spectrum auctions that have occurred...

Due to increasing domestic and international demand for air travel, Aerocivil, Colombia’s civil aviation authority has announced decisions on a number of new domestic and international air routes petitioned by commercial carriers for 2015. Lan Colombia received approvals for the...

Above: Contraband gasoline smuggled into Maicáo, Colombia from Venezuela. Photo Credit: Loren Moss MIAMI, Feb. 3, 2015, (PRNewswire) — The border between Colombia and Venezuela is home to some of the world’s richest oil and gas reserves. But it is also...