A partner at Peru's Miranda & Amado law firm sees the Chinese government's interest in Latin America resources as driving deals ahead, as well as larger local companies looking to become regional players.
Jorge Glas was found guilty of unlawful association along with seven other individuals. The judges ruled that the accused colluded to obtain economic benefits from five strategic projects.
Duda was developed for the financial segment, and has been used by a bank to renegotiate credit card debts with consumers in an automated way.
Police in Andorra are probing claims that a cartel involving top Venezuelan officials funneled more than US$2bn from oil contracts. Meanwhile, Moody's warned that sinking foreign currency liquidity and a crude production freefall could drag the OPEC nation deeper into an economic abyss.