Colombia’s civil aviation authority annuls the proposed merger due to “substantial” irregularities
Category: Regulation
Posted inDaily Brief
Americanas seeks bankruptcy protection amid accounting scandal
Brazilian retailer declares $8.3 bln in debt and just $155 mln in cash
Posted inDaily Brief
Telefónica hit with record fine in Peru
Spanish telco is ordered to pay $855 mln to settle a dispute with tax agency Sunat
Posted inDaily Brief
Brazil mulls PPPs for military
Lula’s chief of staff discusses long-term investments with the defense minister and heads of the armed forces
Posted inDaily Brief
Lula remains open to Santos port concession
São Paulo Gov. Tarcísio de Freitas says the president has not ruled out plans to grant a 35-year contract for Latin America’s largest port
Posted inDaily Brief
Americanas shares reel from accounting gap
Brazilian retailer will need a large equity injection after the discovery of $3.9 bln in “inconsistencies,” says outgoing CEO
Posted inDaily Brief
Unifin pursues ‘proactive negotiations’ with creditors
Mexican non-bank lender wants to reach agreements with most creditors in the coming months, company source says
Posted inDaily Brief
Market mood turns sour as Lula unveils policy proposals
Stock market tumbles and currency loses ground as investors fear the Brazilian president will adopt a more interventionist stance
Posted inDaily Brief
First Quantum weighs legal options in Panama mine spat
Canadian company has been ordered by the government to suspend mining operations
Posted inDaily Brief
Oi says goodbye to bankruptcy
Brazilian telco emerges from judicial recovery after selling assets to cut debt by two-thirds to $772 mln