Business & Industries

National oil production by Petroecuador and private companies fell by almost 20% due to the pipeline rupture. SOTE resumed operations on March 19.

"We have not been notified of this suspension, but in good faith, I must assume that this is a process (...) that takes a reasonable amount of time," said President José Raúl Mulino.

The company reported that the funds from these issues will be used to refinance liabilities maturing in 2025.

The UAE's goal is to invest more in the South American giant, not only in raw materials but also in infrastructure projects such as the modernization of favelas.

The trend has been fueled by increased demand for single-serve packaging such as non-returnable cans and bottles, mostly manufactured abroad and at low prices.

The growth of AI is driving the country's data center infrastructure, which will lead to increased demand for bandwidth and interconnection capacity, according to data center industry insiders.

Specifically, it includes improvements to the current routes 152 (75.1 kilometers) and 158 (14.1 km) and a new 6.9 km dual carriageway layout, which will directly connect Route 152 with Route 146.

It's worth noting that Argentina has already settled its debt with Paraguay for energy transfers, with a recent payment of US$23 million, which will be added to previous disbursements totaling US$126 million.

The Minister of Transport and Communications, Raúl Pérez Reyes, did not specify the new opening date for the airport terminal.

According to Ositran, there are observations regarding operational tests of third parties providing non-airport services that need to be lifted, related to truck waiting areas, aircraft docking, and field tests.

With this new offering, the company seeks to continue advancing the "Sprint" program, which aims to recover the price of its shares and increase the liquidity of its stock on the Colombian stock exchange.

After the Chinese company decided to file an application to register the BYD Dolphin Mini trademark in the southern country, BMW opposed it, arguing that this would mislead consumers.

International business expansion is no easy task, but having a network of contacts that builds trust is a good way to accelerate the process. This is precisely what the Impact Trade platform offers, which already includes more than 500 companies from 28 countries worldwide.

Peru also became one of its most promising markets, adding more than 200,000 users last year.

In a letter sent to the White House, Elon Musk's company acknowledges that, while it supports Trump's measures to defend "fair trade," these measures increase its costs.

The startup will continue operating in Chile, Spain, and Mexico—where it generates 94% of its revenue—and will cease operations in Peru, Colombia, Ecuador, Argentina, and Brazil.

This was announced by Pablo Moreno, Director of Corporate Affairs for the appliance manufacturer, at a morning conference held at Mexico's National Palace.

For its part, the Paraguayan/Argentine Yacyretá hydroelectric plant holds 19.4% of the market.

According to TTR, Argentina is the only country in the region with positive results, both in terms of value and number of deals.

According to the Rutas de Lima investor, two international courts, as well as a federal court in the U.S., have already ordered the payment of more than US$200 million to Rutas de Lima as compensation for breaches of the concession contract by the Municipality of Lima.