Avianca offers shares as collateral for expansion loans
Avianca Holdings SA Chairman German Efremovich had offered shares of his company to back up loans made for the airline's expansion.
South/Central America
Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US
The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to enter the US.
American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business
An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout...
Taiwan Seeks US Funding as Chinese Warplanes Slowly Approach the Country
Taiwan's military engages in talks with the United States over newly allocated funding following reports of Chinese military aircraft breaching the sensitive median line of the Taiwan Strait...
Brazil Judge Opens Inquiry Into Elon Musk for Alleged Obstruction of Justice
A Supreme Court judge in Brazil has launched an investigation into Elon Musk for alleged obstruction of justice...
Latest News
Petroecuador unit is looking for partners to increase oil production
State-backed Petroamazonas had proposed to 31 companies who were willing to partner up with the oil company and aid in boosting oil production.
YPF SA forms agreement with Dow Chemical
YPF enters into a shale gas project development agreement with Dow Chemical at the Vaca Muerta formation.
Brazil seek ways to assist Petrobras for Libra oil exploration
In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.
GP Investments Ltd announces sale of its Estacio shares
GP Investments had filed with regulatory authorities the sale of its owned shares over college operator Estacio Participacoes.
Eurus Energy buys wind farm in Uruguay
The Minas wind farm in southeastern Uruguay was purchased by Eurus Energy, a jointly owned company by Tokyo Electric and Toyota Tsuhu.
Vale to sell control of VLI unit to Japanese, Canadian and Brazilian investors
On Wednesday, Vale SA said it had planned to sell control of VLI SA to Brookfield Asset Management Inc, Mitsui Co and FGTS valued BRL4 billion.
ONGC to raise stake in Brazilian oil field- sources
Sources said the Oil & Natural Gas Corp (ONGC) would be buying a 12% stake in the Brazilian oil field owned by Petroleo Brasileiro (Petrobras).
Julius Baer Brazil plans offices outside Sao Paulo, Rio de Janeiro
The Brazilian unit of Julius Baer Group would be opening offices outside the main centers of Sao Paulo and Rio de Janeiro.
Bank of America names new Latin America head: source
According to a source, Bank of America would appoint Alexandre Bettamio to its Latin America investment unit in Brazil.
