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Montevideo, February 24th 2017 - 19:25 UTC

Investments

  • Saturday, November 12th 2016 - 21:01 UTC

    McDonald's burgers are not welcome in Florence's Piazza del Duomo

    The fast-food giant had its plans for an outlet on the Piazza del Duomo rejected by Florence's mayor in June and the decision was upheld in July by a technical panel

    McDonald's is suing the city of Florence for €18m after it was blocked from opening a restaurant on one of the Italian city's most historic plazas. The fast-food giant had its plans for an outlet on the Piazza del Duomo rejected by Florence's mayor in June and the decision was upheld in July by a technical panel in charge of preserving the city's ancient heart.

  • Tuesday, November 8th 2016 - 06:48 UTC

    BA Governor Vidal, World Bank agree to finance Salado River works

    Buenos Aires Governor María Eugenia Vidal

    María Eugenia Vidal, governor of the province of Buenos Aires, reached an agreement with the World Bank for a 380-million-dollars loan to finance infrastructure works that would be beneficial to more than sixty municipalities. Bidding to start in March.

  • Monday, November 7th 2016 - 21:50 UTC

    World's largest cruise vessel, Harmony of the Seas, begins to operate from Florida

    Harmony is built on the same platform as Royal Caribbean's giant Oasis of the Seas and Allure of the Seas, the previous size leaders in the cruise world

    The Royal Caribbean's 226,963-ton Harmony of the Seas, on late Saturday departed on its maiden voyage out of Fort Lauderdale, Florida, its new long-term home. Escorted out to sea by a flotilla of jetboard and jetpack performers, the 16-deck-high vessel set sail on a short, three-day trip that kicks off a week of welcoming events. The events include an official christening ceremony scheduled for Thursday.

  • Sunday, November 6th 2016 - 14:13 UTC

    Argentina tops list of attractive countries for UK investments

    Argentine Ambassador Carlos Sersale with Deputy Foreign Minister Alan Duncan

    So said British Deputy Foreign Minister Alan Duncan on Friday during the Business Networking Day, a gathering organized by the Argentine-British Chamber of Commerce at the Embassy in London.

  • Saturday, November 5th 2016 - 17:19 UTC

    EU and Canada sign free trade accord, but has to clear 40 European parliaments

    Canadian PM Justin Trudeau (C) signed the treaty along with heads of EU institutions, a step that should enable a provisional implementation of the pact early in 2017.

    The European Union and Canada signed a free trade agreement that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force. Canadian Prime Minister Justin Trudeau signed the treaty along with the heads of EU institutions, a step that should enable a provisional implementation of the pact early in 2017 with the removal of most import duties.

  • Thursday, November 3rd 2016 - 07:35 UTC

    Chilean group interested in Alas to meet with Uruguayan government

    Alas Uruguay hopes to survive through new investors

    Chilean airline LAW (Latin American Wings) had submitted a letter of intent on Friday and now it intends to go ahead with the talks. Company representatives are expectd to arrive in Montevideo on Thursday to hold meetings with Alas Uruguay authorities and with the Transport and Public Works Minister Victor Rossi.

  • Thursday, November 3rd 2016 - 07:25 UTC

    Uruguayan pulp mill passes pollution tests - Gualeguaychú not quite

    Controversial pulp mill not as polluted as Argentine side of the river

    An Argentine-Uruguayan commission took 50 samples of effluent from the pulp mill off Fray Bentos and as many in the Gualeguaychú mouth of the river in Entre Rios. Botnia passes test. The reports from the samples collected on the Argetine side recorded more polluting than those found off Fray Bentos. The plant's formal name is “Orion” but is widely known for its original Finnish name Botnia.

  • Wednesday, November 2nd 2016 - 19:27 UTC

    As expected Fed leaves rates unchanged, but the real game begins in December

    Fed chairwoman Janet Yellen has been repeatedly criticized by Republican candidate Donald Trump

    The Federal Reserve, on Wednesday following a two-day meeting, and with two members dissenting, left interest rates unchanged but anticipated the FOMC “judges that the case for an increase in the federal funds rate has continued to strengthen, but decided, for the time being, to wait for some further evidence of continued progress toward its objectives”.

  • Tuesday, November 1st 2016 - 18:36 UTC

    Argentina invests heavily in major dry bulk and vegetable oils port terminal

    The terminal is capable of unloading 600 railway cars and more than 1,200 trucks per day. According to AGD, it handled 13 million tons of exports last year

    Bunge and Aceitera General Deheza S.A. (AGD) announced they will jointly invest US$100 million in Puerto General San Martin’s T6 industrial complex and port terminal. Puerto General San Martin is an inland port in Argentina that sits on the Paraná River.

  • Saturday, October 29th 2016 - 10:07 UTC

    South Atlantic deep water seismic survey between YPF and Norway's Statoil

    YPF CEO Ricardo Darre and Statoil Exploration vice president Tim Dodson sign the agreement in Oslo

    Argentina's oil company YPF and Norway's Statoil have signed a cooperation agreement to further gather information on Argentina's offshore potential. The accord was signed in Oslo between YPF CEO Ricardo Darré and Statoil Exploration vice president Tim Dodson.