Investments

Thursday, April 18th 2019 - 09:05 UTC
Toyota Brazil to build a Corolla sedan that runs on electricity, ethanol and gas

Japan’s Toyota Motor Corp said on Wednesday it will begin building a new version of the Corolla sedan in Brazil that will run on electricity, ethanol and gas, which it says will be the first vehicle of its kind in the world.
Wednesday, April 17th 2019 - 09:55 UTC
China interested in more Brazilian meat and increasing investment

China is planning to allow more Brazilian meat imports following high-level talks set for May, the Chinese ambassador to Brazil said on Monday. Yang Wanming declined to comment on how many meat processing plants could be approved to export to China but said the issue would be discussed when Brazil Agriculture Minister Tereza Cristina Dias travels to China in May.
Monday, April 15th 2019 - 17:44 UTC
The world's largest airplane made its first test flight in California

The world’s largest airplane made its first test flight on Saturday in California. Stratolaunch Systems Corporation, founded by Paul G. Allen, on Sunday successfully completed the first flight of the world’s largest all-composite aircraft, the Stratolaunch.
Sunday, April 14th 2019 - 08:14 UTC
Chinese company interested in taking over Ford's Brazilian plant in Sao Paulo

China’s Beiqi Foton Motor Co Ltd is eyeing the acquisition of Ford Motor Co’s Brazilian plant in the industrial city of Sao Bernardo do Campo, newspaper Valor Economico reported on Friday.
Saturday, April 13th 2019 - 08:12 UTC
Searching for Admiral Graf von Spee’s great cruiser fleet sunk at the Falklands Battle

In 2014-2015, to mark the centenary of the Battle of the Falklands, Mensun Bound, a Falkland Islander himself, led an expedition to try to find Admiral Graff von Spee’s lost cruiser squadron in 1914, the whereabouts of which has become one the great mysteries of the maritime world. Now he is resuming the hunt. Mercopress began by asking how it all began.
Saturday, April 13th 2019 - 07:44 UTC
Bolsonaro prepares to open Amazon reserve to mining: pledges no bureaucratic impediments

Brazilian President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.
Saturday, April 13th 2019 - 07:17 UTC
Facebook spent US$ 22.6m in CEO Zuckerberg's security in 2018

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to US$22.6 million, a regulatory filing showed on Friday. Zuckerberg has drawn a base salary of US$1 for the past three years, and his “other” compensation was listed at US$22.6 million, most of which was for his personal security.
Friday, April 12th 2019 - 21:33 UTC
Instead of agrochemicals, Uruguay uses wasps to develop non-genetically modified soy

In Uruguay, non-genetically modified soy (GMO) soy is being developed in order to compete in a market saturated by the volume of crops in the region. Nevertheless, the country’s government hopes Uruguayan soy will stand out for its quality rather than for the volume of harvests motivating soy producers to use “biological controls” to combat pests.
Friday, April 12th 2019 - 09:49 UTC
IMF: “foolish” for Argentine presidential candidates to abandon the program

Argentina’s economic reform program is beginning to show results, so it would “foolish” for presidential candidates to abandon the program, International Monetary Fund chief Christine Lagarde said Thursday.
Thursday, April 11th 2019 - 15:58 UTC
Uruguay: ANTEL, Nokia Complete First 5G Commercial Network in Latin America

As 5G rollout continues to accelerate, three more announcements have been made, beginning with the news that Nokia and ANTEL, the Uruguayan state-owned operator, have successfully completed the installation of the first 5G commercial network in Latin America.