Seven Seas Water Corp., a Tampa, Florida-based water company that operates in the Caribbean and Latin America, named Claudio Baldovino as president of its South American operations and to the executive committee.
Medtronic Inc.’s CoreValve, a device threaded into the heart via a catheter and expanded to repair a damaged aortic valve, dramatically improved symptoms without causing excessive cardiovascular complications after one year.
Encarnacion Rivas, an 89-year-old Venezuelan retiree, had to traipse around a half-dozen stores in Caracas on her search for toilet paper as dollar shortages in South America’s biggest oil producer reduce supplies of imported goods.
Slaughter & May and Latham & Watkins LLP advised Thomas Cook Group Plc, the 172-year-old tour operator that required an emergency loan 18 months ago, on plans to raise 1.6 billion pounds ($2.4 billion) to restructure its borrowings as it cuts jobs and closes stores to pare costs.
Olam International Ltd., a trader of commodities, said sales volume in the confectionery and beverage division fell 6 percent in the nine months ended March 31 after an epidemic of coffee leaf rust in Central and South America.