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Montevideo, February 25th 2018 - 11:52 UTC

Stories for February 5th 2018

  • Monday, February 5th 2018 - 20:10 UTC

    Taxman knocking on Falklands homes: time to present 2017 Income Returns

    Returns will be issued on 2nd March 2018, and if any individuals do not receive a return by 9 March 2018, contact the Tax Office on 28470.

    The Falkland Islands has announced that individual 2017 Income Returns will be issued on 2nd March 2018, and if any individuals do not receive a return by 9 March 2018, and believe they should complete one, please contact the Tax Office on 28470.

  • Monday, February 5th 2018 - 09:16 UTC

    China's finance minister visits Argentina ahead of G20: meeting with Macri

    Macri and Xiao discussed bilateral cooperation and China’s “One Belt, One Road” infrastructure project involving more than 68 countries and 40% of global GDP

    Chinese Finance Minister Xiao Jie, visited Argentina last week where he met with president Mauricio Macri and other officials ahead of the upcoming meeting in Buenos Aires of the G20 finance ministers and central banks governors. There was no official briefing of the different meetings or the interview with Macri in Casa Rosada.

  • Monday, February 5th 2018 - 09:08 UTC

    Can The Shale Boom Avoid These Bottlenecks?

    The rig count in the Permian has surged and jumped by 18 in the most recent week for which data is available, to 427, the highest total for the basin since early 2015.

    By Nick Cunningham of Oilprice.com <br />
    <br />
    Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action.

  • Monday, February 5th 2018 - 09:02 UTC

    Scotiabank takes over Citi´s consumer and small business operations in Colombia

    Citigroup, which has operated in Colombia for more than a century, began looking to sell its consumer business in Colombia two years ago.

    Citibank has sold its Colombian consumer and small business operations to Banco Colpatria Multibanca Colpatria S.A, the Colombian subsidiary of leading Canadian financial institution Scotiabank. Citibank operations in Colombia include 500,000 customers, 47 branches, and 424 self-service access points in Colombia. The deal also includes “assumption by Banco Colpatria of Citibank’s workforce,” according to Scotiabank.

  • Monday, February 5th 2018 - 08:47 UTC

    India industry flexes its muscle in UK: extends a hand to post-Brexit

    The Indian companies exhibition included Tata, Tech Mahindra, HCL Technologies, ICICI, Union Bank, Hero Cycles, Air India, and Varana World

    More than a hundred business leaders, parliamentarians, government representatives, and other influential figures gathered in the British Houses of Parliament for a unique event aimed at highlighting the major success stories of UK-India economic cooperation.

  • Monday, February 5th 2018 - 05:16 UTC

    Falklands' oil industry expected to receive an FPSO by 2022

    Brazil leads the South American market with 24 planned and announced FPSOs, followed by Guyana and the Falkland Islands with one FPSO each.(Pic M Sitek)

    A total of 55 planned and announced floating production, storage, and offloading units (FPSOs) are expected to begin operations by 2022 worldwide, according to a report by GlobalData. In the South American list Brazil figures with 24 FPSOs, plus the Falkland Islands and Guyana with one each.

  • Monday, February 5th 2018 - 05:02 UTC

    Argentine officials and Malvinas relatives preparing trip to the Falklands

    Minister Faurie gives the welcome to the group of Malvinas fallen relatives that attended the meeting

    Argentine officials and representatives from the Relatives of the Malvinas fallen committee met last Friday to consider details of the trip to the Falklands, which is being organized for the next of kin of the 88 recently identified Argentine combatants remains buried at the Darwin cemetery.