The Italian brand of Carnival Corporation & plc, this week officially took delivery of Costa Venezia, its first ship designed specifically to offer the best of Italy to the Chinese market. Costa Venezia is part of an expansion plan that includes a total of seven ships being delivered to the Costa Group by 2023.
British sports car maker Morgan is to be sold to an Italian venture capitalist firm. InvestIndustrial will take a majority stake for an undisclosed amount. The Morgan family, which has owned the company for 110 years, will retain a minority shareholding, with the management team and staff also keeping a share of the business.
The UK government may cut trade tariffs on between 80% and 90% of goods in the event of a no-deal Brexit, reports say. Some tariffs would be scrapped completely, including those on car parts, and some agricultural produce. However, 10-20% of key products would continue to be protected by the current level of tariffs, including some textiles, cars, beef, lamb and dairy.
“An incredible experience, the strongest of my life, it opened my head in several aspects”, said Nicolás Aguiar, the Argentine 24 year old international-relations student who spent a week in the Falkland Islands as a guest of the local government.
Internet giant Google on Monday urged the European Parliament to resist approving a planned overhaul of the bloc's online copyright law that the company said would hurt Europe for “decades to come”. European lawmakers could vote as soon as next week on the landmark legislation that is intended to modernize copyright for the digital age but has set off a furious lobbying war in Brussels.
Brazilian President Jair Bolsonaro will pay his first official visits to the United States, Chile and Israel this month, in a clear sign of the alliances the far-right leader wants to shore up, official sources said.
Argentina, Chile and Uruguay will be making a joint presentation at the next Seatrade Cruise Global 2019, in Miami, as part of a joint strategy to attract more cruise tourism to the region. The announcement was done by Uruguay's ports authority, Alberto Diaz who hosted a meeting of tourism and sea terminals representatives from the three countries.
Asian shares stepped back on Tuesday after China cut its economic growth target and pledged measures to support the economy amid growing challenges from rising debt and a dispute over trade and technology with the United States. Australian shares dropped 0.6% while South Korea's Kospi lost 0.5%. MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2% and Japan's Nikkei dropped 0.3%.
The Trump administration announced Monday that it is tightening the six-decade trade embargo on Cuba by allowing lawsuits against Cuban companies using properties confiscated after its 1959 revolution.
Spain and Britain on Monday signed a fiscal treaty on Gibraltar as Brexit nears to fight tax fraud and money laundering via the British overseas territory. Hailed as massively significant by Gibraltar's leader, Fabian Picardo, it was signed separately by Spanish Foreign Minister Josep Borrell and David Lidington, Prime Minister Theresa May's effective deputy.