The EU must back Theresa May's Brexit plan or risk the UK leaving without a deal, the most senior member of the UK PM's cabinet has said. Cabinet Office Minister David Lidington said the European Commission's proposals remained unacceptable and he appealed for compromise from the EU side in Brexit talks.
Chilean airline LATAM has plans to lay off some 1,200 airport-based employees in Brazil and replace them with workers from a services company in an apparent cost-cutting measure, according to a report in O Estado de S. Paulo on Wednesday. LATAM confirmed there would be redundancies but would not give an exact number.
The Falkland Islands Executive Council has selected Galliford Try as the preferred company for the construction of the new Vulnerable Person’s Extra Care Facility in Stanley. The decision follows a detailed scrutiny of the bids received by Members of the Legislative Assembly and Government officers, who subsequently submitted recommendations to the Executive Council.
A group of Venezuelan migrants has returned home from Peru at the expense of Nicolas Maduro's government. Facing an exodus from Venezuela, Maduro had proclaimed his countrymen “won't be slaves to anyone in the world.”
The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained.
The Falkland Islands Executive Council on Wednesday granted the application by Jupiter Fishing Company to register a new build fishing trawler. The agreed name of the new vessel is Argos Cies, which reflects the 50:50 partnership in Jupiter between Argos Group Ltd of Stanley, Falkland Islands and Armadora Pereira SA of Vigo, Spain.
Stone-throwing, insults and dangerous manoeuvres on the high seas: French and British fishermen clashed in the English Channel over a hoard of scallops on Tuesday, the latest flare-up in a years-long war over the prized shellfish.
Argentina’s central bank auctioned a total of US$ 200 million of its reserves in two separate currency auctions on Tuesday after the peso hit new lows, the monetary authority said in a statement.
Argentina's beef exports could double in 2018 for a total of US$ 1.8 billion thanks to increased Chinese demand and a sharp devaluation of the peso currency, according to analysts and industry experts.
The Brazilian Real led losses in Latin America as lingering concerns over presidential elections overshadowed a largely positive environment for emerging market assets. The US dollar ended trading at 4.333 Reales.