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MercoPress, en Español

Montevideo, April 28th 2024 - 14:16 UTC

Stories for November 1st 2023

  • Wednesday, November 1st 2023 - 21:23 UTC

    BP third quarter profits lower than expected

    According to the company's report, “while oil production was strong, gas trading had been weak in recent months.”

    British Petroleum posted profits of US$ 3.3bn (£2.7bn) between July and September, lower than predictions of US$ 4bn. Earnings were down from US$ 8.1bn in the same period in 2022 when BP made huge profits following Russia's invasion of Ukraine, which led to oil prices soaring.

  • Wednesday, November 1st 2023 - 21:09 UTC

    Peak of England and Wales companies going bust highest since the 2009 financial crisis

    Firms in “critical financial distress” jumped 25% in the last three months, insolvency expert Begbies Traynor said.

    Official figures from England and Wales show that the number of companies going bust this year is on track to be the highest since the financial crisis in 2009. Insolvencies rose 10% from a year ago in the three months to the end of September, and there has also been a sharp rise in the number of firms at risk of going bust.

  • Wednesday, November 1st 2023 - 21:06 UTC

    AI becomes Collins publisher Word of the Year 2023

    “Considered to be the next great technological revolution, AI has seen rapid development and has been much talked about in 2023,” a blog post from Collins said

    The contraction of artificial intelligence — AI — has been named as Collins' Word of the Year for 2023, the dictionary publisher announced this week.
    “Considered to be the next great technological revolution, AI has seen rapid development and has been much talked about in 2023,” a blog post from the publisher said.

  • Wednesday, November 1st 2023 - 14:35 UTC

    Falklands Remembrance Sunday 12 November

    There will be two minutes silence at approximately 11.00 am marked by the firing of the saluting guns on Victory Green.

    Gilbert House, seat of the Falkland Islands Legislative Assembly has made public the arrangements for Sunday 12 November 2023, Remembrance Sunday. The Annual Service of Remembrance, this year commemorating the 105th anniversary of the end of the First World War, will be held in Christ Church Cathedral commencing at 9.30 am.

  • Wednesday, November 1st 2023 - 14:32 UTC

    Panama Canal further reduces ship crossings as more severe drought hits Lake Gatun

    Booking slots will be cut to 25% starting Nov. 3 from an already reduced 31 per day, the Panama Canal Authority (ACP) said in a client advisory (Pic REUTERS)

    Higher shipping costs as the Panama Canal, one of the world’s main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing the canal.

  • Wednesday, November 1st 2023 - 14:19 UTC

    King Charles in Kenya addressed British colonial past and abuses

    Charles said that “the wrongdoings of the past are a cause of the greatest sorrow and the deepest regret,” but he stopped short of making a full apology for the abuses (Pic AP)

    King Charles is in Kenya in his first foreign visit as a monarch to a Commonwealth nation where he addressed the colonial past of British rule in East Africa, and abuses committed by colonial forces, especially in the 1950's during the Kenyan struggle for independence.

  • Wednesday, November 1st 2023 - 10:30 UTC

    Chile recalls Ambassador to Israel as violence in Gaza grows

    Boric said Israel's offensive was beyond war against Hamas, whose actions he also condemned

    President Gabriel Boric Font Tuesday recalled Chile's Ambassador to Israel Jorge Carvajal for consultations given the “unacceptable violations of international humanitarian law” in the Gaza Strip, it was reported in Santiago after a statement released by the Foreign Ministry.

  • Wednesday, November 1st 2023 - 10:21 UTC

    Bolivia severs diplomatic ties with Israel

    Bolivia had already broken up with Israel under Evo Morales

    Bolivian Deputy Foreign Minister Freddy Mamani Machaca announced Tuesday that the South American country “condemns the aggressive and disproportionate Israeli military offensive being carried out in the Gaza Strip” and was thenceforth breaking diplomatic relations with Israel in “repudiation” of such acts. The Bolivian government made no mention of Hamas' Oct. 7 attacks.

  • Wednesday, November 1st 2023 - 10:10 UTC

    Paraguay increasingly attractive to direct investments

    The new government of President Santiago Peña has proven to be friendly to direct investments

    According to the Central Bank of Paraguay (BCP), direct investment in the South American country reached a record US$ 725 million last year, it was reported Tuesday in Asunción.

  • Wednesday, November 1st 2023 - 09:13 UTC

    Fuel supply in Argentine getting back to normal pending price increase

    “All of a sudden the trucks appeared,” Massa said in an ironical tone

    Fuel supply in Argentina is slowly getting back to normal as an increase in the price at pumps has been admitted onto a negotiating table, it was reported in Buenos Aires. After shortages throughout the weekend, the Government acquiesced to an increase in the price of gasoline.

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