Economy

• Tuesday, May 16th 2017 - 07:32 UTC

  JP Morgan buys new office building in Dublin which can accommodate 1.000 staff

  

  JP Morgan, the US investment bank, has bought a new office building in Dublin that can accommodate up to 1,000 staff. The bank said the purchase reflected its thriving existing business in Dublin, where it employs 500 staff, however the new office may provide space for hundreds of JP Morgan workers that it plans to relocate from London following the Brexit decision.

• Tuesday, May 16th 2017 - 07:13 UTC

  Macron and Merkel's “joint conviction” of the need to “deepen the European Union”

  

  France's new president, Emmanuel Macron, has called for a “historic reconstruction” of Europe, saying it is “the only reaction” to fight populism. Speaking in Berlin on the first full day of his presidency, he was joined by German Chancellor Angela Merkel, who said the pair had a “joint conviction” that they needed to “deepen the European Union”.

• Monday, May 15th 2017 - 11:11 UTC

  Macri begins official visit to China and attends development forum with 27 world leaders

  

  Argentine president Mauricio Macri, First Lady Juliana Awada, and members of the official delegation were received on Sunday by Chinese president Xi Jinping and his wife at the Great Palace of the People, where they were hosted together with 27 world leaders in the framework of the One Belt, One Road, OBOR, Beijing's ambitious international cooperation forum.

• Monday, May 15th 2017 - 07:46 UTC

  EU prepared to block Brexit talks unless citizenship measures are “reasonable”

  

  The European Parliament could seek to block talks on a UK-EU trade deal unless guarantees are put in place for the rights of citizens, the MEP in charge of the process has indicated. Guy Verhofstadt, the parliament’s chief Brexit negotiator, said MEPs would have to decide whether sufficient progress had been made on issues including EU citizens’ rights in the UK and those of British expatriates on the continent before talks on Britain’s future relationship with Brussels could proceed.

• Sunday, May 14th 2017 - 09:27 UTC

  YPF crude and gas output expected to decline 3% in 2017, due to labor problems and bad weather

  

  Argentina's state-run oil firm YPF expects a 3% decline in crude and natural gas output this year due to labor problems and bad weather, Chief Financial Officer Daniel Gonzalez told investors during a conference call in Buenos Aires.

• Sunday, May 14th 2017 - 09:05 UTC

  Argentine officials confident economy exited recession and should grow 3% this year

  

  Argentine Treasury Minister Nicolas Dujovne said he was confident the economy would grow more than 3% this year, while another treasury official said the economy had rebounded in March after declining the prior two months.

• Sunday, May 14th 2017 - 08:53 UTC

  Brazil retail sales plunge in March; government insists economy will be positive in first quarter

  

  Retail sales in Brazil unexpectedly fell in March at the steepest monthly rate in 14 years, strengthening bets on a bolder interest rate cut at the end of this month. Sales volumes excluding cars and building materials fell 1.9% in March from February, government statistics agency IBGE said. Sales fell 4.0% from the year-earlier period.

• Friday, May 12th 2017 - 07:31 UTC

  Falklands calamari squid first season has been “good”, Illex so far “pretty mediocre”

  

  Falklands calamari squid catches in the Falkland Islands have been good this season reports Director of Natural Resources John Barton, and this is particularly good news bearing in mind Illex catches have been “pretty mediocre,” so far.

• Thursday, May 11th 2017 - 23:28 UTC

  Wine tasting in London to promote the Top 100 Argentine Wines, as chosen by Tim Atkin

  

  “This is, probably, the largest tasting of Argentine wines to have ever been held in the United Kingdom”, read the introductory note from the renowned British wine expert and journalist Tim Atkin for the showcasing of the fifth edition of his annual report entitled “the top 100 Argentine wines” at the Ambassador’s Residence.

• Thursday, May 11th 2017 - 12:51 UTC

  Argentine president Macri off to China and Japan in search of investments

  

  Argentine president Mauricio Macri and a delegation of ministers and governors, are off for an Asian tour in search of investments that includes the Arab Emirates, China and Japan. The undertaking is looking for billions of dollars to help develop Argentina's infrastructure.