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MercoPress, en Español

Montevideo, November 16th 2025 - 08:14 UTC

Investments

  • Monday, August 18th 2025 - 07:55 UTC

    Chinese automaker GWM opens first factory in South America

    This new factory is the brand's first plant in the Southern Hemisphere and its third outside China

    Chinese automaker Great Wall Motors (GWM) officially launched its first manufacturing facility in the Americas, located in Brazil, with President Luiz Inácio Lula da Silva present at the ceremony. The plant is set to function as a regional export hub for Latin America.

  • Wednesday, August 13th 2025 - 09:58 UTC

    Argentina's Navy interested in Italian and Danish frigates

    Argentina's Navy seeks to fill the gap left by the recent decommissioning of various units

    Argentina's Navy is considering modernizing its fleet with units from Denmark and Italy, it was reported this week in Buenos Aires.

  • Saturday, August 9th 2025 - 10:28 UTC

    Alckmin attends christening of new Brazilian Navy frigate

    The Jerônimo de Albuquerque is one of four units of the Tamandaré Class program to be completed in 2029

    Brazilian Vice President Geraldo Alckmin on Friday attended the christening of the Navy's new frigate, the Jerônimo de Albuquerque, in Itajaí, Santa Catarina. The warship is the second of four units of the Tamandaré Class Frigate Program, a R$11 billion (approximately US$2.2 billion) initiative scheduled for completion by 2029.

  • Saturday, August 9th 2025 - 08:51 UTC

    Boliviana de Aviación launches Washington route

    BoA's ambitious expansion has included unprofitable routes such as Cuba and Venezuela

    Boliviana de Aviación (BoA) launched this week a new international route from Santa Cruz to Washington DC with round-trip tickets priced at US$880. The new service will operate twice a week, on Tuesdays and Thursdays.

  • Wednesday, August 6th 2025 - 07:24 UTC

    Brazilian corporations consolidate a leading share in the global meat market

    MBRF is ready to become one of the world’s leading meat processors but still has to overcome possible objections about market dominance

    Two major Brazilian corporations’ shareholders, from Marfrig (MRFG3), and BRF (BRFS), approved on Tuesday the proposed merger between the two global food processors, the firms said in a joint securities filing.

  • Wednesday, August 6th 2025 - 07:20 UTC

    Falklands Government opens search for future Telecommunications provider

    FIG is seeking information in preparation for a potential tender (or licensing) process to design and carry out operations and future development of telecommunication and media services

    Following approval by Executive Council, the Falkland Islands Government (FIG) has opened an international search for future providers of telecommunications. This work, which relates to the period after the end of Sure’s current exclusive license, is being led by FIG’s appointed consultants, Cambridge Management Consulting.

  • Tuesday, August 5th 2025 - 11:16 UTC

    BP announces huge discovery off Rio de Janeiro

    However, production could take years to begin

    BP, the British oil and gas company, has announced its largest oil and gas discovery in 25 years, in the Boomerang Field, an area over 300 square kilometers within Brazil's Santos Basin, roughly 404 kilometers off the coast of Rio de Janeiro.

  • Monday, August 4th 2025 - 10:28 UTC

    Sales of brand new cars surge in Argentina

    Toyota featured two models among the top-three selling ones

    Sales of brand new cars grew 44% yoy in July, marking the best performance since 2018. The Argentine Automobile Dealers Association (Acara) attributes this growth to economic stability, greater model availability, promotions, and attractive financing. The motorcycle market also saw significant growth, with sales increasing by 33.9% interannually to 54,060 units. The top-selling brand was Toyota, with the Yaris its most popular model.

  • Tuesday, July 29th 2025 - 10:30 UTC

    HSBC sells out operations in Uruguay to leading Brazilian bank

    BTG Pactual is already present in Mexico, Colombia, Peru, Chile, and Argentina

    Brazilian bank BTG Pactual has acquired the Uruguayan operations of British bank HSBC for US$175 million, marking BTG Pactual's entry into Uruguay and HSBC's exit from the market as part of its global restructuring strategy. The deal, announced on Monday, includes both equity and additional capital instruments and is subject to regulatory approvals.

  • Thursday, July 24th 2025 - 08:36 UTC

    Lula and Sheinbaum discuss joint developments

    Lula suggested expanding the existing trade agreement between the two countries

    Presidents Luiz Inácio Lula da Silva of Brazil and Claudia Sheinbaum of Mexico held a telephone conversation on Wednesday to discuss strengthening bilateral relations and economic cooperation.