JetBlue and the Cuba Travel Services (CTS) announced today the addition of a second nonstop JetBlue flight connecting New York's John F. Kennedy International Airport (JFK) and Havana's José Martí International Airport (HAV). After travel restrictions were eased this year, JetBlue and CTS initiated the first Havana-bound flight from New York City on a major U.S. airline. Read More »

Fitch Ratings expects Colombian corporate cash flows to see pressure from rising taxes from the Colombian government as it seeks to offset lower tax revenue from slumping oil prices. This pressure could be alleviated if the government gains the ability to expand its tax base. Read More »

New facility is IBM's second cloud data center in Brazil. Read More »

LAVCA: Fundraising increased 21 percent with firms raising an aggregate $4.27 billion Read More »

Guerrilla PR firm's clients include Oakley, JBS, Ultragaz and Mondelez Read More »

Investors in equity and venture capital are undaunted by adversity in Latin America, according to the Latin American Private Equity and Venture Capital Association, whose member firms control over $60 billion directed at Latin American businesses. Read More »

UGE International Ltd., a distributed renewable energy solutions firm, and OTEPI Renewables, an energy-related company subsidiary of OTEPI Group, announced it will design and install solar systems for all of Mega Storage's locations in Panama. Read More »

Bank of America Merrill Lynch on Aug. 10 opened an office in Rio de Janeiro’s Janeiro’s Botafogo district. Rio de Janeiro is Brazil’s second economic capital and a concentration of various industries, including the largest mining and oil sectors. Read More »

There is the potential for stronger competition between mobile telephone operators in Latin America as many users would change their service provider if given incentives. The GfK study was carried out in Argentina, Brazil, Chile, Colombia, Mexico and Peru. Read More »

Due to the easing of limits by the Brazilian Securities and Exchange Commission (CVM) in regards to investment from aboard, portfolio managers and investors will now be able to increase the diversity of their portfolios, at least according to Fitch Ratings. Read More »

Airline holding company attributes growth to growing economy and new routes Read More »

Deal includes 55 percent interest in Panama plant and full interest in Jamaica plants. Read More »

More than 80 panelists will meet at Markets Group's Real Estate Brazil Forum in Sao Paulo Oct. 21-22. The meeting will focus on new and established funds in the market as well as joint venture and direct investment opportunities in Brazil. Read More »

Fitch Ratings expects some high-yield U.S. municipal closed-end funds (CEFs) to consider participating in the recently announced $750-million offering from the Puerto Rico Aqueduct and Sewer Authority. Read More »

GuiaBolso announced a third round of investment totaling $7 million from a prominent group of venture capital funds and angel investors. Ribbit Capital, a venture capital firm focused in backing financial technology startups, led the round. Read More »

The credit quality of Colombian corporates remains resilient despite a slowdown in the economy, according to Fitch Ratings. Heavy weighting of the portfolio to the utilities sector has made the ratings more resilient to economic challenges. Read More »

Fitch Ratings last week upgraded Banco Davivienda S.A.'s viability rating to "BBB" from "BBB-" and Issuer Default Ratings to "BBB" from "BBB-." The ratings have been upgraded because the bank restored its capital to levels in line with its peers. Read More »

Fitch Ratings has launched a series of five reports covering corporate credit trends in Latin America with an Outlook Report for Brazil. One report will be released each day through Friday. Reports released Monday and Tuesday covered Brazil and Chile. Read More »

JLL has identified Brazil and Mexico as promising life sciences clusters that are ripe for investment for pharmaceutical and biotechnology companies looking for outward expansion, released in its fourth annual Life Sciences Outlook Report. Read More »

Fitch Ratings has released its Brazilian Funds and Asset Managers dashboard, a report that analyzes the evolution of the country's asset manager industry. The report explores the flow of funds among different strategies, as well as funds’ performances. Read More »