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Montevideo, October 17th 2017 - 16:56 UTC

Stories for July 28th 2017

  • Friday, July 28th 2017 - 12:19 UTC

    Air France-KLM buys 31% of Virgin Airlines; Delta retains 49%

    Virgin Group's share will fall from 51% to 20%, while Delta will retain 49%. Sir Richard said he would remain “very much involved” after the deal.

    Air France-KLM is buying almost a third of Virgin Atlantic, leaving Sir Richard Branson's parent company, Virgin Group, with a minority stake in the airline he founded. Air France-KLM is taking a 31% stake, worth £220m, in Virgin Atlantic as part of a four-way joint-venture with US partner Delta.

  • Friday, July 28th 2017 - 12:06 UTC

    Ex Petrobras and Banco do Brasil CEO, named by Rousseff, arrested on suspicion of bribes

    Petrobras Aldemir Bendine and associates are “suspected of organizing bribes worth 3 million reais” from construction conglomerate Odebrecht.

    Brazilian federal police on Thursday arrested a former head of Petrobras and the Banco do Brasil, marking a new chapter of the sweeping graft probe into the state-owned oil company. Three people were detained in the operation, the prosecutor's office said in a statement, as part of the “Car Wash” investigation that has uncovered systemic corruption and ensnared many of Brazil's political and business elites.

  • Friday, July 28th 2017 - 11:30 UTC

    May's loses another member of her inner circle; Johnson says “people want government to get on with its job”

    Theresa May government is going to work because it is overwhelmingly the desire of the Conservative Party that it should work, indicated Boris Johnson.

    British Prime Minister Theresa May has lost another member of her inner circle after her strategy director and chief speechwriter Chris Wilkins quit. Wilkins follows the prime minister’s Joint Chiefs of Staff Nick Timothy and Fiona Hill, and policy chiefs John Godfrey and Will Tanner, who also resigned after the disastrous snap general election in June, which led to the Conservatives losing their majority in the House of Commons.

  • Friday, July 28th 2017 - 06:17 UTC

    Falklands' winds and flight delays could reduce attractiveness of additional services

    ”Commercial airlines will have to factor in the possibility of delays and too many documented delays due to rotor winds may not make this an attractive prospect.”

    Too many documented delays to flights might reduce the attractiveness of the Falklands in terms of an airline considering providing an additional service to the Islands, acknowledged Member of Legislative Assembly (MLA) Gavin Short this week.

  • Friday, July 28th 2017 - 06:04 UTC

    World Hepatitis Day: 325 million affected; annual deaths exceed those linked to HIV

    “At best one in ten people who are living with hepatitis know they are infected and can access treatment. This is unacceptable,” said Dr Gottfried Hirnschall

    New World Health Organization, WHO, data from 28 countries - representing approximately 70% of the global hepatitis burden - indicate that efforts to eliminate hepatitis are gaining momentum. Published to coincide with World Hepatitis Day, the data reveal that nearly all 28 countries have established high-level national hepatitis elimination committees and more than half have allocated dedicated funding for hepatitis responses.

  • Friday, July 28th 2017 - 06:00 UTC

    Exxon puts Guyana on the world oil map with another major discovery

    The result increases the estimated recoverable resources in Guyana’s Stabroek Block formation to about 2.25 to 2.75 billion barrels

    Exxon Mobil said that it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total discovery to approximately 500 million barrels oil equivalent. The result increases the estimated recoverable resources in Guyana’s Stabroek Block formation to about 2.25 to 2.75 billion barrels. By way of comparison, the much-heralded Thunder Horse find in the Gulf of Mexico has reserves of about one billion barrels.