China is moving into the United States' backyard——but it's not clear if its Latin America investments are a negative for American interests.» Read More
Grupo Aval SA expects to finance around $5.4 billion of the $17 billion the government must raise to pay for the upgrade of 8,000 km of roads in the next five years, Luis Carlos Sarmiento Gutierrez, its president told Reuters after an IPO worth $1.26 billion in New York.
Sept 23- Colombian banking group Grupo Aval SA raised $1.26 billion, more than expected, from its initial public offering in New York on Tuesday, and plans to use the funds to bolster its banks' capital. J.P. Morgan Securities LLC, Goldman Sachs& Co, Citigroup Global Markets Inc and Morgan Stanley& Co LLC are underwriting the offering.
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.
The Corporate Perception Indicator is a survey of the population and biz execs from 25 markets, conducted for CNBC and Burson-Marsteller.
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.
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.