Tag: United Kingdom

United Kingdom
Friday, July 3rd 2015 - 12:43 UTC

JBS buys UK's Moy Park for $1.5bn from rival Mafrig Global Foods

Moy Park, the largest producer of poultry in the UK, will give JBS access to affluent markets in Britain, Scandinavia and other European countries

Brazil’s JBS, the world’s largest meat packer, has agreed to pay about $1.5 billion for Moy Park, the British unit of rival Mafrig Global Foods. JBS, which has undertaken a massive overseas expansion since 2007, will pay $1.19 billion in cash and will assume Moy Park’s debt totaling £200 million as part of the deal, Marfrig said in a statement.

Friday, July 3rd 2015 - 06:26 UTC

Falklands' war: Chilean top commentator defends Chile's role in supporting UK

“Chile had more than sufficient reasons to help Great Britain following the Argentine invasion of the Malvinas Islands”, said Bernardo de la Maza.

Only a few hours off from Saturday's last match of the 2015 Copa America when the best South American team will emerge, the rivalry between finalists Argentina and hosts Chile has erupted strongly and the Falkland Islands' issue is not absent from aggressive chants and insulting messages in the social networks.

Wednesday, July 1st 2015 - 02:44 UTC

Falklands will continue to develop its legitimate oil industry as it moves from exploration to production

Falklands' people have “the unequivocal right to develop our natural resources as we see fit, including the development of a hydrocarbons industry” (Pic EPA)

The Falkland Islands government has no doubts about its right to licence legitimate offshore oil and gas exploration activities in accordance with Falklands' legislation and will continue to support the hydrocarbons industry as it moves from successful exploration towards oil production.

Wednesday, July 1st 2015 - 02:32 UTC

Magna Carta and King's Writt global tour during last quarter of 2015

 The 800th anniversary of the sealing of Magna Carta provides a unique opportunity to support UK's diplomatic and economic objectives, said Swire

A Foreign Office global tour of the Magna Carta and King's Writt celebrating the 800th anniversary of the unique document is scheduled to begin later this year, said Foreign minister Hugo Swire in his presentation to Parliament requesting the necessary indemnity funds for such exposure.

Tuesday, June 30th 2015 - 05:16 UTC

Argentina's threat against Falklands' oil companies with no impact on markets

A spokesman for Sam Moody, Rockhopper Exploration’s chief executive, said: “We will not be commenting on moves”

The Argentine court order that assets of several international oil companies drilling for oil in the Falkland Islands be seized has caused mild turbulence in their share prices. Tierra del Fuego judge Lilian Herraez ordered the authorities to seize bank accounts, boats and other assets worth an estimated US$156mln.

Monday, June 29th 2015 - 20:25 UTC

Strangling Falklands' hydrocarbons industry is 'unacceptable' with dangerous implications for global business

“We have been absolutely clear that Argentine domestic law does not apply in the Falkland Islands nor in the waters that surround them”

The government of Argentina's campaign to strangle the Falkland Islands hydrocarbons industry is 'unacceptable' and taking action against British and international oil and gas companies has dangerous implications for global business, warned Foreign Office minister Hugo Swire on Monday reacting to an Argentine federal court ordering the seizure of UK and US assets involved in Falklands' operations.

Monday, June 29th 2015 - 05:38 UTC

Argentine judge orders seizure of Falklands' oil companies assets

Timerman anticipated that on Monday he will formally request that the stock exchange regulators in London and New York implement the judge's order.

Argentina will pursue in Britain and the United States a local judge's order to seize assets of oil drillers operating in the disputed Falklands Islands, the Argentine foreign minister Hector Timerman said in an interview published in a government financed newspaper on Sunday.

Saturday, June 27th 2015 - 06:46 UTC

Falklands' 'fk' domain battle at the ICANN Buenos Aires conference

The organisation ICANN originally gave the Falklands their own web address in 1997 and then confirmed the Islands' online presence in 2005 with 'fk'.

The British government has stood up to Argentina in a battle over the Falkland Islands' right to exist in cyberspace at the ICANN conference in Buenos Aires. Argentina is furious that the disputed territory is allowed to give websites a “.fk” address - identifying them as hailing from the disputed territory and brought up the issue during the current conference.

Friday, June 26th 2015 - 06:02 UTC

UN Decolonization Committee supports Argentina's Falklands/Malvinas claims

Hector Timerman said that UK's unwillingness to negotiate, “Far from making the smallest effort to solve the controversy, they irresponsibly aggravate it”

The United Nations Decolonization Committee approved on Thursday a new resolution urging the United Kingdom to discuss the Falklands/Malvinas dispute with Argentina, in order to find a peaceful solution to the conflict. The decision came as no surprise since it has become an annual event despite Falklands' representatives demand for C24 to act in support of Non Self Governing Territories.

Thursday, June 25th 2015 - 06:56 UTC

UK confirms interest in Latin America with the “Pacific Alliance Chevening scholarships”,

“In my view, it is the right organization for the 21st century, and it boosts four vibrant economies that are already running ahead in the region”, said Swire

UK Foreign Office Minister Hugo Swire has introduced a new set of Chevening scholarships for Latin America, the “Pacific Alliance Chevening scholarships”, arguing that the success of the Pacific Alliance forms an integral part of Britain's re-engagement with the region.

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