Lower prices could make oil unprofitable to pull out of the ground. But we're not there yet, according to energy consultant Wood Mackenzie.» Read More
Sept 23- Colombian banking group Grupo Aval SA raised $1.1 billion after its U.S. initial public offering was priced at $13.50 per American Depositary Share. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.
Juan Pablo Cordoba, president of the Colombian Securities Exchange, says the country has had a "tremendous" growth story that is set to continue.
CARACAS, Sept 16- Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a' no-fly' zone.
Sept 8- Grupo Aval, Colombia's largest banking group, said it expects to raise $1.1 billion in an initial public offering in the United States. Sarmiento Angulo, 82, also owns Colombia's largest newspaper, El Tiempo, which he acquired in April 2012.
BOGOTA, Sept 5- Colombia's coffee production will be between 11.5 million and 12 million 60- kg bags in 2014, up from a previous estimate of 11.4 million bags, the head of the farmer-funded growers' federation said on Friday, thanks to good weather and tree renovation.
MEDELLIN, Colombia, Aug 14- Colombian businesses should be prepared for the possibility of a "very strong" depreciation in the peso due to rising U.S. interest rates or some other external shock, central bank chief Jose Dario Uribe said on Thursday. The business sector, all Colombians, "Uribe told an industrial conference in Medellin.
MEDELLIN, Aug 14- Colombia should shift its economic engines toward construction, infrastructure and non-tradable sectors to maintain levels of growth, as the oil-driven boom deteriorates, central bank board member Adolfo Meisel said on Thursday.
The Middle East and other oil-producing countries are hotbeds of instability. So why is oil falling instead of rising?
Using conservation as a baseline, Opower broke down a few World Cup contenders according to their energy policies.
The large number of Miami home buyers are from overseas, and a huge portion of them pay in cash, one realtor says.
Colombian Finance Minister Mauricio Cárdenas Santamaria says resolving the country's drugs issue will help the country post stronger growth.
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
Though consumers have access to more goods and merchandise, some groups, especially farmers, are struggling to survive amid a flood of cheap imports.
Urban buses of the emerging world have a bad reputation for choking pollution, which they no longer deserve. In fact, they could be future cities' best hope.
Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.
Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.
Venezuelan President Hugo Chavez stayed on his sickbed in Cuba on Thursday while supporters rallied on the day he should have been sworn in for a new six-year term.
Alberto Perlman, CEO of Zumba Fitness, discusses how he was able to monetize the worldwide Zumba craze and turn the movement into a multifaceted brand.
WASHINGTON- U.S. employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid ( USA- ECONOMY/JOBS, moved, 900 words).
BOGOTA, Nov 2- Colombia's markets regulator said on Friday it was taking administrative control of the country's biggest stock brokerage when it failed to make a bank payment, while policymakers reassured investors their money was safe.