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Google LLC
Google to pay $700mn in antitrust settlement over Android app store
...All 50 US states, plus the District of Columbia, Puerto Rico and the US Virgin Islands, signed on to the agreement with Google....
December 19, 2023
Sovereign debt
The mysterious ‘global financier’ suing Sri Lanka
...— In 2022, Fintech Holdings Ltd. acquired a troubled Puerto Rico bank, renaming it Hamilton International Reserve Bank LLC (“HIRB”)....
September 8, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthThoma Bravo LLC
Buyout firm Thoma Bravo goes from niche to big league
...A native of Mayagüez, Puerto Rico, Bravo, aged 51, moved to Rhode Island in the late 1980s to study and play on the tennis team at Brown University....
December 7, 2021
Transcript
A sceptic’s guide to crypto: the crypto Wild West
...I mean, they were in Malta, they were Puerto Rico, they were in Switzerland....
September 13, 2022
Alphabet Inc
Alphabet punctures Loon internet balloon project
...Alphabet first claimed success with Loon after a hurricane knocked out communications in Puerto Rico, though it continued to face difficulties with controlling the balloons so that they hovered over the...
January 22, 2021
LexGoogle LLC
Africa/internet access: the cloud above Premium content
...Loon has already proved that its polyethylene, solar-powered helium balloons work by providing internet access to hurricane-hit Puerto Rico. Kenya is a test of whether the service can be profitable....
July 12, 2020
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
FTfmJohn Dizard
Why reinsurance is booming after pandemic disaster
...Then, in a short period of time in 2017, three named storms in a row hit the US south-east, Puerto Rico and Florida....
August 14, 2020
InterviewHow to Lead
Orlando Bravo: valuing skills and experience
...Returning to Puerto Rico in the wake of disaster had a lasting effect on him....
December 1, 2019
Google LLC
Google targeted in new investigation from 50 attorneys-general
...The investigation involves every US state except for California and Alabama as well as Washington DC and Puerto Rico. Neither California nor Alabama immediately responded to a request to comment....
September 9, 2019
Due Diligence
French protectionism is being challenged by a new wave of activists Premium content
...DD’s Kaye Wiggins and Mark Vandevelde interviewed the billionaire investor, who once flew his private jet to his native Puerto Rico filled with supplies after a hurricane devastated the island....
December 3, 2019
Mergers & Acquisitions
Guggenheim acquires restructuring specialist Millstein & Co
...The firm, founded by Jim Millstein, was the key adviser to the Puerto Rico government after it fell into financial distress, leading tense negations with creditors and suppliers to the US territory....
July 11, 2018
Women in 2018: the change makers
Google’s Obi Felten: ‘You can’t cast half the population as villains and the other half as victims’
...It was used to bring connectivity to Puerto Rico after Hurricane Maria, and will soon be flying over Kenya....
December 6, 2018
Capital markets
Puerto Rico creditors jockey for position in Hurricane Maria aftermath
...Puerto Rico files for record US debt restructuring Puerto Ricans in overwhelming vote for island to be 51st US state Ricardo Rosselló, Puerto Rico’s young governor “The Prepa bondholders have consistently...
September 27, 2017
FT AlphavilleKadhim Shubber
Further reading
...— Puerto Rico’s economic disaster was made in Washington: “It’s impossible to understand Puerto Rico’s plight without understanding how it was shaped by a tax-policy experiment gone awry....
October 6, 2017
US politics & policy
Fast Asia Open: Australia trade balance, Philippines CPI
...President Donald Trump sent Puerto Rico’s $74bn of outstanding bonds plunging on Wednesday after he said “you can say goodbye” to the territory’s debt in the wake of the devastation caused there by Hurricane...
October 4, 2017
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Capital markets
Puerto Rico passes debt moratorium bill
...The bill would affect debts issued by Puerto Rico and its various authorities and public corporations, including the Government Development Bank for Puerto Rico, the island’s de facto finance authority....
April 6, 2016
Mergers & Acquisitions
Puerto Rico makes progress on $9bn debt restructuring
...The Puerto Rico House must pass similar legislation before February 16, when the restructuring agreement between creditors and Prepa expires....
February 11, 2016
Capital markets
Puerto Rico advances utility restructuring
...The Puerto Rico House of Representatives must pass similar legislation before February 16, when the restructuring agreement between creditors and Prepa expires....
February 11, 2016
Capital markets
Puerto Rico power company’s debt restructuring deal falls apart
...Talks to restructure roughly $9bn of debt issued by Puerto Rico's electric power utility, a deal long seen as a blueprint for the US commonwealth's other indebted agencies seeking to reorganise their bonds...
January 23, 2016
Letter
Chapter 9 would address just a small fraction of Puerto Rico’s debt
...Jorge San Miguel Member, Ferraiuoli LLC, San Juan, Puerto Rico...
August 5, 2015
Eurozone economy
Hedge fund investor Victor Khosla sees distressed debt rout abating
...Compounding the industry’s woes, many high-profile situations such as Puerto Rico have gone awry, leading to one of the worst periods for returns in decades....
December 11, 2015
beyondbricsEuropean banks
Vzla’s Banesco and Spain’s NCG Banco: diversifying risk
...The bank has more than $36bn in assets and operations in the US, Panama, Puerto Rico, the Dominican Republic and Colombia as well as Spain, through Banco Etcheverría....
December 19, 2013
FT AlphavilleDavid Keohane
The 6am London Cut
...(Financial Times) Global banks with ties to Puerto Rico are beginning to assess their potential exposure to a possible downgrade or default on the Caribbean island’s $70bn in debt....
November 4, 2013
US & Canadian companies
Evertec to test US investors’ appetite
...It acquired its 51 per cent stake in Evertec from Popular, Puerto Rico’s largest lender, in July 2010....
April 9, 2013
Life & Arts
California in the Caribbean
...Puerto Rico is an American oddity....
January 6, 2012

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