CHILE

AM Best Withdraws Credit Ratings of AVLA Seguros, S.A. de C.V.

Retrieved on: 
Friday, July 19, 2024

Concurrently, AM Best has withdrawn these Credit Ratings (ratings) as the company has requested to no longer participate in AM Best’s interactive rating process.

Key Points: 
  • Concurrently, AM Best has withdrawn these Credit Ratings (ratings) as the company has requested to no longer participate in AM Best’s interactive rating process.
  • AVLA is owned by AVLA Bermuda Holding Corp Ltd. (AVLA Bermuda), a financial holding company engaged in insurance operations in Chile, Peru and Brazil.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Doe Run Hires New Vice President of Sales and Marketing as Part of Succession Planning

Retrieved on: 
Friday, July 19, 2024

ST. LOUIS, Mo., July 19, 2024 /PRNewswire-PRWeb/ -- The Doe Run Company (Doe Run) is pleased to announce that copper industry expert Rene Bustamante has joined the company to succeed Lou Magdits as vice president of sales and marketing. In this role, Bustamante will lead metal and concentrate sales, customer service, transportation, raw materials, and production planning.

Key Points: 
  • Bustamante will lead metal and concentrate sales, customer service, transportation, raw materials, and production planning in this role.
  • ST. LOUIS, Mo., July 19, 2024 /PRNewswire-PRWeb/ -- The Doe Run Company (Doe Run) is pleased to announce that copper industry expert Rene Bustamante has joined the company to succeed Lou Magdits as vice president of sales and marketing.
  • In this role, Bustamante will lead metal and concentrate sales, customer service, transportation, raw materials, and production planning.
  • "Rene's industry expertise and strategic mindset make him a good fit to lead our sales and marketing team," stated Matthew Wohl, president and CEO of Doe Run.

EU and Serbia sign strategic partnership on sustainable raw materials, battery value chains and electric vehicles

Retrieved on: 
Friday, July 19, 2024

Today, the EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials, battery value chains and electric vehicles.

Key Points: 
  • Today, the EU and the Republic of Serbia have signed a Memorandum of Understanding (MoU) launching a Strategic Partnership on sustainable raw materials, battery value chains and electric vehicles.
  • The Partnership will support developing sustainable supply chains between both sides and enable furthering environmental, social and governance standards and exchange of knowledge on raw materials.
  • The Critical Raw Materials Act aims to ensure the EU's secure and sustainable supply of critical raw materials.
  • The Act supports the development of projects contributing to build strategic raw materials capacities across all value chain stages, both within and outside of the EU.

Aereo, India's leading commercial drone solutions startup, secures $15 million in Series B funding round

Retrieved on: 
Friday, July 19, 2024

BENGALURU, India, July 19, 2024 /PRNewswire/ -- Aereo, India's leading drone-based business intelligence provider, has successfully closed a $15 million Series B funding round led by 360 ONE Asset. The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.

Key Points: 
  • In an investment round led by 360 ONE Asset, Aereo closed its Series B funding, announcing plans for global expansion
    BENGALURU, India, July 19, 2024 /PRNewswire/ -- Aereo, India's leading drone-based business intelligence provider, has successfully closed a $15 million Series B funding round led by 360 ONE Asset.
  • Aereo delivers business intelligence solutions to help manage large capital assets using proprietary drones and an AI-powered data analytics platform.
  • Vipul Singh, co-founder and CEO of Aereo, stated, "This funding milestone enables us to expand our aerial intelligence solutions for capital asset management.
  • Karan Ahuja, Fund Manager at 360 ONE, remarked, "We're thrilled with the momentum in the commercial drone tech sector in India.

Aereo, India's leading commercial drone solutions startup, secures $15 million in Series B funding round

Retrieved on: 
Friday, July 19, 2024

BENGALURU, India, July 19, 2024 /PRNewswire/ -- Aereo, India's leading drone-based business intelligence provider, has successfully closed a $15 million Series B funding round led by 360 ONE Asset. The round saw participation from long-standing investors StartupXseed Ventures and Navam Capital.

Key Points: 
  • In an investment round led by 360 ONE Asset, Aereo closed its Series B funding, announcing plans for global expansion
    BENGALURU, India, July 19, 2024 /PRNewswire/ -- Aereo, India's leading drone-based business intelligence provider, has successfully closed a $15 million Series B funding round led by 360 ONE Asset.
  • Aereo delivers business intelligence solutions to help manage large capital assets using proprietary drones and an AI-powered data analytics platform.
  • Vipul Singh, co-founder and CEO of Aereo, stated, "This funding milestone enables us to expand our aerial intelligence solutions for capital asset management.
  • Karan Ahuja, Fund Manager at 360 ONE, remarked, "We're thrilled with the momentum in the commercial drone tech sector in India.

Latin America Colocation Data Center Portfolio Analysis 2024: Detailed Analysis of 219 Existing and 83 Upcoming Data Centers - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 18, 2024

The "Latin America Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering.
  • Top operators in the Latin American data center market include Ascenty (Digital Realty), ODATA (Aligned Data Centers), Equinix, Scala Data Centers, and KIO Networks.
  • Brazil stands out as the largest data center market in Latin America, with a market share of approximately 55% of the existing data center capacity.
  • This database (Excel) product covers the LATIN AMERICA data center market portfolio analysis, which will provide the following information on the colocation data centers:

SS&C Intralinks Sees M&A Deal Flow Uptick in North America

Retrieved on: 
Thursday, July 18, 2024

WINDSOR, Conn., July 18, 2024 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced Q3 2024 global and regional predictions from the SS&C Intralinks Deal Flow Predictor, a quarterly publication of future mergers and acquisitions (M&A) announcements.

Key Points: 
  • While we do not anticipate a significant acceleration of deal flows, we remain optimistic about M&A activity across the board in H2."
  • Regional market forecasts for Q3 2024 M&A activity:
    Globally, M&A volumes are expected to be flat in all regions except North America.
  • SS&C Intralinks is a pioneer of the virtual data room, delivering software-enabled services across the entire deal lifecycle, including deal marketing, deal prep, due diligence, insights and post-merger integration.
  • Intralinks technology enables and secures the flow of information by facilitating M&A, capital raising and investor reporting .

IDE Water Technologies Welcomes Eduardo Silva as Regional Manager, Chile

Retrieved on: 
Wednesday, July 17, 2024

IDE Technologies , a leading global provider of water treatment solutions, today announced that Eduardo Silva will join IDE as Regional Operation General Manager of IDE Chile SpA.

Key Points: 
  • IDE Technologies , a leading global provider of water treatment solutions, today announced that Eduardo Silva will join IDE as Regional Operation General Manager of IDE Chile SpA.
  • His experience will be invaluable in leading IDE's projects in Chile, including the Aconcagua Desalination Plant and SADDN Desalination Plant.
  • “I passionately approach each project with the future and social responsibility top of mind and I am thrilled to bring this forward-looking mindset to a sustainable, innovative company like IDE,” said Eduardo Silva, Regional Operation General Manager, IDE Water Technologies, Chile.
  • “I am committed to upholding the superior standards of IDE’s water technologies, bringing water solutions that meet every challenge in Chile and surrounding regions.”
    For more information on IDE’s large-scale infrastructure projects in Chile and its comprehensive, sustainable water solutions, visit http://www.ide-tech.com .

ShiftCam and Tantor Films Launch TUSK: Revolutionizing the Ad Industry Through High-End Mobile Production

Retrieved on: 
Wednesday, July 17, 2024

SAN FRANCISCO, July 17, 2024 /PRNewswire-PRWeb/ -- ShiftCam, the leading innovator of award-winning mobile photography and videography accessories for mobile devices and Tantor Films, a renowned name in the international production industry, proudly introduce TUSK – a global effort to inspire the future of advertising production. With offices in Chile, Mexico, and Spain, and upcoming launches in Hong Kong, New York and Poland, TUSK is set to revolutionize video content production.

Key Points: 
  • SAN FRANCISCO, July 17, 2024 /PRNewswire-PRWeb/ -- ShiftCam, the leading innovator of award-winning mobile photography and videography accessories for mobile devices and Tantor Films, a renowned name in the international production industry, proudly introduce TUSK – a global effort to inspire the future of advertising production.
  • Tantor Films, renowned for delivering premier advertising services globally, is leveraging this legacy with the launch of TUSK to create portable, low cost, versatile and intimate video content.
  • "At ShiftCam, we have always believed in the transformative power of mobile photography and videography," said Benson Chiu, CEO of ShiftCam.
  • "Our partnership with Tantor Films on the launch of TUSK represents our commitment to pushing the boundaries of what's possible with mobile technology.

Credicorp Ltd.: Credicorp to host its 2024 Strategic Update on September 26th

Retrieved on: 
Wednesday, July 17, 2024

Lima, July 17, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, July 17th, 2024 -- Credicorp (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama announces its upcoming Strategic Update 2024, scheduled for Thursday, September 26th, 2024, in Lima, Peru.

Key Points: 
  • Lima, July 17, 2024 (GLOBE NEWSWIRE) -- Lima, PERU, July 17th, 2024 -- Credicorp (NYSE: BAP | BVL: BAP), the leading financial services holding company in Peru with a presence in Chile, Colombia, Bolivia, and Panama announces its upcoming Strategic Update 2024, scheduled for Thursday, September 26th, 2024, in Lima, Peru.
  • At this event, members of the Credicorp management team will present an update on its innovation strategy and disruption initiatives.
  • The 2024 Innovation Update is open to the investment community.
  • A replay of the webcast and a copy of the slide presentation will be available after the event.