Investments

Monday, April 29th 2024 - 10:27 UTC
Embraer announces investment for new plant

Brazilian Aircraft manufacturer Embraer, arguably the world's third-largest, plans to invest R$ 2 billion (about US$ 390 million) in a new plant this year, it was announced last week before President Luiz Inácio Lula da Silva. The manufacturer hired 1,500 new workers last year for a 19,000 labor force it had before the pandemic.
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Monday, April 29th 2024 - 09:26 UTC
Record auction price for 14-carat gold pocket watch belonging to the richest passenger on the Titanic

A pocket watch that belonged to the wealthiest passenger aboard RMS Titanic sold for £1,175 million (€1,38 million, US$1,46 million) at an auction on Saturday, smashing a pre-sale estimate. Henry Aldridge & Son, the auction house, had anticipated it would sell for between £100,000/£150,000.
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Saturday, April 27th 2024 - 10:59 UTC
Military presence “at the appropriate level to ensure the defense of the Falklands,” UK MoD

Following Argentina's purchase of US-made F-16 jets from Denmark, concerns were raised in Parliament to a Secretary of Defense regarding the UK's defense readiness in the South Atlantic, more precisely the Falkland Islands.
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Saturday, April 27th 2024 - 10:45 UTC
Repair ship RFA Diligence, involved in Falklands and Gulf wars, sold to Turkey

The Portsmouth media has reported that RFA Diligence, a Royal Fleet Auxiliary ship previously involved in the Falklands and Gulf conflicts, has arrived in Turkey after being sold for recycling by the UK Defense Equipment Sales Authority (DESA).
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Thursday, April 25th 2024 - 06:32 UTC
Falklands' KEM Hospital modernization includes improvement of Pathology Laboratories

Following the approval by the Falkland Islands Executive Council (ExCo) on Tuesday 23 April 2024, the Directorate of Health and Social Service (DHSS) and the Public Works Department (PWD), are delighted to announce that the Phase 1 of the redevelopment of the Pathology Laboratories at King Edward VII Memorial Hospital (KEMH) will begin this initiative.
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Tuesday, April 23rd 2024 - 06:32 UTC
Namibia en route to becoming another Guyana oil discovery success story

Portugal's oil company Galp Energia shares skyrocketed on Monday after the company announced that the first phase of its exploration in the Mopane field in offshore Namibia could contain some 10 billion barrels of oil.
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Saturday, April 20th 2024 - 10:39 UTC
Chile's new icebreaker completes first week at sea

The new Chilean-built “Almirante Viel” icebreaker completed her first week of sea testing on Friday, it was reported in Santiago.
Tuesday, April 16th 2024 - 16:00 UTC
Argentina makes its largest military aircraft acquisition in decades: F-16 fighter jets from Denmark

Argentina has finalized its largest military aircraft acquisition in decades with the purchase of 24 F-16 fighter jets from Denmark, signaling a significant step in bolstering its defense capabilities.
Tuesday, April 16th 2024 - 10:26 UTC
Gradual improvement reported at Panama Canal

Things are looking up for the drought-stricken Panama Canal as new water levels allow an increase in the daily number of ships allowed through the man-made interoceanic corridor. Starting in June, 32 ships will be let through, it was announced Monday.
Monday, April 15th 2024 - 10:32 UTC
Argentine Navy hopes to have Super Etendards ready for joint drills with US carrier

According to Argentine media, the local Navy hopes to get ready its two French-built Super Étendard jets in time to participate in joint drills when the USS George Washington aircraft carrier reaches the South Atlantic in the coming days.