Stories for January 2018

Tuesday, January 9th 2018 - 10:08 UTC
Sixth major oil find offshore Guyana at the Stabroek block

For the sixth time Exxon and partners at the Stabroek block offshore Guyana are celebrating another major find in northern South American waters. In effect, Ranger-1 exploration well, the sixth find since discovering Liza in 2015, hit approximately 70m of high-quality, oil-bearing carbonate reservoirs some 60mi northwest of the Liza development.
Tuesday, January 9th 2018 - 10:01 UTC
Brazilian stocks edge higher convinced Lula will be barred from running in election

Brazilian stocks edged higher to mark a record close on Monday, underpinned by optimism over the nation's fiscal outlook as well as a strong flow of international investment. The benchmark Bovespa stock index continued its climb following a seven-day string of gains.
Tuesday, January 9th 2018 - 09:55 UTC
World's largest party: New Year celebrations in Rio beaches attracted 2.4 million people

Where was the best New Year party in the World? At Times Square New York in below zero temperature or on a sunny summer beach day in Rio De Janeiro with 2.4 million happy tourists and locals going wild. On Sunday, December 31st, 2.4 million people gathered on Copacabana’s beach to welcome 2018. According to Riotur, this is the largest audience ever registered in Copacabana’s New Year’s Eve celebration, considered one of the best in the world.
Tuesday, January 9th 2018 - 09:50 UTC
Brazil moving to clean-energy: 51 wind farms planned with 1.450 MW

Siemens Gamesa Renewable Energy SA is in final negotiations to supply about 700 megawatts of wind turbines for power plants in Brazil. The deal are to supply equipment for projects that Voltalia SA, EDP Renovaveis SA, Enel Green Power SpA, and Neoenergia SA are developing in northeast Brazil. The orders are all for wind farms that won government-organized power auctions in December.
Tuesday, January 9th 2018 - 09:41 UTC
Temer investigated on decree allegedly benefitting Santos port operator

Brazilian police have requested that President Michel Temer answers 50 questions as part of an investigation into alleged corruption involving a decree regulating the country's ports, a government spokesman said.
Tuesday, January 9th 2018 - 09:34 UTC
Juncker convinced Brexit will happen, but is concerned about budget shortfall

European Commission chief Jean-Claude Juncker says he believes Brexit will go ahead and the EU should tackle its looming budget shortfall. “Don't believe those who say that it's not going to happen and that people in the UK have realized their error... I don't think that's going to be the case,” he told a Brussels conference.
Tuesday, January 9th 2018 - 09:24 UTC
Holidays' scam: Britons encouraged to say they were sick to collect claims on return home

Millions of Britons are being encouraged to say they were sick while on holiday, according to the Association of British Travel Agents. A poll carried out for ABTA suggests that 19% of all holidaymakers may have been approached by a claims management company on their return home.
Tuesday, January 9th 2018 - 08:57 UTC
Record sales in 2017 for Jaguar and Land Rover; China and US leading markets

The UK's biggest carmaker, Jaguar Land Rover (JLR), has said sales hit a record high last year. The company reported Jaguar sold 178,601 cars, up 20% on the year before, while Land Rover sales rose 2% to 442,508. JLR said sales had more than tripled since 2009.
Tuesday, January 9th 2018 - 08:14 UTC
PM May's mini reshuffle of the cabinet: much expectation but little action

Prime Minister Theresa May attempted to re-energize her government with a Cabinet shake-up Monday as Britain prepares for a crucial phase in the negotiations over its departure from the European Union. But May, who heads a minority government divided over Brexit, had limited room to make changes, and the overhaul could reinforce perceptions that her authority is fragile.
Tuesday, January 9th 2018 - 07:54 UTC
Governor Maria Eugenia Vidal fighting corruption and graft in Buenos Aires province

Buenos Aires province governor Maria Eugenia Vidal said that the union boss arrested in Uruguay is one of “the many Balcedo and Caballos Suarez”, who before were protected, and today are behind bars”.