Azul S.A. announced on Jan. 28 that its subsidiary Azul Secured Finance LLP has launched a private offering of senior secured notes due 2031 to provide exit financing under the airline’s court-approved chapter 11 restructuring plan, primarily to repay its debtor-in-possession facility and, with any remaining funds, to support a broader restructuring aimed at optimizing its capital structure and liquidity, TipRanks.com reported.
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Resources Per Country
- Anguilla
- Bahamas
- Barbados
- Belize
- Bermuda
- British Virgin Islands
- Canada
- Cayman Islands
- Costa Rica
- Cuba
- Dominica
- Dominican Republic
- El Salvador
- Greenland
- Grenada
- Guadeloupe
- Guatemala
- Haiti
- Honduras
- Jamaica
- Mexico
- Montserrat
- Netherlands Antilles
- Nicaragua
- Panama
- Puerto Rico
- Saint Kitts and Nevis
- Saint Lucia
- Saint Martin
- Trinidad and Tobago
- Turks and Caicos Islands
- United States
- United States Virgin Islands
A top court in Panama ruled on Thursday that a lucrative port contract held by a Hong Kong company was unconstitutional, a decision that will most likely deepen tensions between the United States and China in Latin America, the New York Times reported. The decision against the company, CK Hutchison, could eventually clear the way for U.S. and European companies to operate the strategically important ports. Last year, President Trump backed a deal that would have transferred control of the Panamanian ports and many others to a group led by a large American financial firm.
Two global trading houses that brokered an opaque deal with the Trump administration this month to sell Venezuelan oil were previously prosecuted for bribery schemes involving oil sales elsewhere, court records show, underscoring concerns by anti-corruption experts and lawmakers that the arrangement is vulnerable to abuse, the Washington Post reported. The administration granted confidential licenses to Vitol and Trafigura in early January to sell Venezuelan oil with little independent oversight.
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A beleaguered manufacturing sector was weighing on the economy heading into the end of 2025, Statistics Canada said on Friday, The Canadian Press reported. Real GDP growth was flat in November, rebounding somewhat from a decline of 0.3 per cent in October, the agency said. StatCan said drops in activity in goods-producing industries were offset by expansion on the services side of the economy. Manufacturing faced a 1.3 per cent decline in November.
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U.S. Trade Representative Jamieson Greer and Mexican Secretary of Economy Marcelo Ebrard agreed on Wednesday to begin formal discussions on possible reforms to the United States-Mexico-Canada trade agreement, Greer's office said, Reuters reported. Possible reforms for the USMCA Joint Review include stronger rules of origin for industrial goods, more collaboration on critical minerals, increasing efforts to defend workers and producers, and U.S.-Mexican efforts to combat "the relentless dumping of manufactured goods in our region," the USTR's office said in a statement.
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Bank of Canada Governor Tiff Macklem told Reuters he saw unusual potential for a new shock to the economy, given elevated geopolitical risks and U.S. trade policy, Reuters reported. Macklem said in an interview on Wednesday that more factors than usual could deter Canada from achieving the bank's economic forecasts, citing U.S. President Donald Trump's threats toward Greenland, his removal of Venezuela's leader, and repeated threats to impose more tariffs on Canada.
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After threatening to euthanize about 30 beluga whales, Marineland, a shuttered Canadian aquatic park, is now likely to send the animals to marine facilities in the United States, the Canadian government said on Monday, the New York Times reported. Marineland, once a bustling tourist destination in Niagara Falls, Ontario, is headed toward bankruptcy and last year asked the federal government for financial help and approval to export the animals to a theme park in China.
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South Korea scrambled on Tuesday to assure the U.S. it remained committed to implementing a trade deal after U.S. President Donald Trump said he would hike tariffs on autos and other imports from its ally, blaming a delay in enacting the pact agreed last year, Reuters reported. Trump said on Monday that South Korea's parliament was not living up to its side of the deal by swiftly enacting the agreement he reached with President Lee Jae Myung to make huge investments in U.S. business projects in return for tariff cuts.
Air Antilles officially requested to enter judicial administration at the Pointe-à-Pitre commercial court in Guadeloupe, following its inability to meet financial obligations. The court's decision comes after months of operational suspension and the failure of attempts to recapitalize the company under its current ownership structure, AviaciOnline.com reported. The company's economic situation became critical following the suspension of its operator's certificate by the French DSAC (Civil Aviation Safety Directorate).
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Canada's Prime Minister Mark Carney will likely visit India the first week of March and sign deals on uranium, energy, minerals and artificial intelligence, Dinesh Patnaik, India's High Commissioner to Canada said in an interview, Reuters reported. Carney is making all-out efforts to diversify Canada's alliances beyond the U.S., its top trade partner. In Davos last week, he earned a rare standing ovation for saying the old rules-based order is over and called on middle powers like Canada to build coalitions to shape a fairer, more resilient world.
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