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Montevideo, January 8th 2026 - 05:05 UTC

International

  • Thursday, August 16th 2018 - 14:38 UTC

    Corona beer owner investing US$ 4 billion in the cannabis industry

    Canopy, which has the largest legal cannabis production footprint in the world, currently produces cannabis-based oils and soft gel caps, among other products

    Corona beer owner Constellation Brands is set to pour some US$ 4 billion into Canada's top cannabis producer, Canopy Growth, in a deal marking the largest investment in the industry to-date. Last year, Constellation injected US$ 200m into Canopy in a deal to produce a non-alcoholic cannabis-based beverage. The alcohol firm wants to capitalize on the growing legalization of the drug.

  • Thursday, August 16th 2018 - 14:23 UTC

    New Zealand limits investing in housing for non residents to ease strong market for locals

    New Zealand is facing a housing affordability crisis which has left home ownership out of reach for many

    New Zealand's parliament has banned many foreigners from buying existing homes in the country - a move aimed at making properties more affordable. The ban only applies to non-residents. Australians and Singaporeans are exempt because of free-trade deals.

  • Thursday, August 16th 2018 - 10:40 UTC

    UK inflation in July climbed to 2.5%: a blip or a trend?

    Inflation in UK had been subdued for several years prior to the vote to leave EU in June 2016. But the vote caused a fall in the value of the pound, pushing inflation.

    UK inflation climbed in July as had been expected, according to the latest data from the Office of National Statistics, ONS, released on Wednesday. ONS reported that the rate of consumer price inflation, the most-watched measure, increased from 2.4% in June to 2.5% in July, reversing a trend of gradually declining inflation over the course of 2018.

  • Thursday, August 16th 2018 - 09:13 UTC

    Qatar to the rescue of Turkey with US$ 15bn in direct investments

    The announcement followed a meeting of the Amir with the Turkish president Recep Tayyip Erdogan on Wednesday in Ankara

    Qatar has come to the rescue of Turkey and its ruler Amir Sheikh Tamim bin Hamad al-Thani issued directives to support the Turkish economy with a host of economic projects, investments and deposits worth a total of US$ 15 billion. This follows a meeting of the Amir with the Turkish president Recep Tayyip Erdogan on Wednesday in Ankara.

  • Wednesday, August 15th 2018 - 06:56 UTC

    London Police in seconds neutralize a lone driver attack on Parliament: three injured

    A security camera captured the moment the silver Ford came speeding down hit a group of cyclists, jumped the sidewalk and then smashed into the metal barrier

    London's mayor is urging residents and tourists to remain calm and vigilant following the latest terror attack in the city. The driver of a car injured three people before crashing into barricades near Parliament. A security camera captured the moment the silver Ford came speeding down the road. It hit a group of cyclists, jumped the sidewalk and then smashed into the heavy metal security barrier.

  • Wednesday, August 15th 2018 - 05:50 UTC

    Genoa killer bridge dates back to the fifties; alarm call for much of Italian creaky infrastructure

    Italian Premier Giuseppe Conte called it “an immense tragedy ... inconceivable in a modern system like ours, a modern country.”

    It came seemingly without warning, and has left a shocked and devastated nation demanding answers. Now officials are scrambling to find out how Genoa’s Morandi Bridge collapsed overnight killing at least 30 people as it sent dozens of vehicles tumbling into a heap of concrete and twisted steel.

  • Wednesday, August 15th 2018 - 05:42 UTC

    Record unemployment in UK: 4%; the lowest for more than forty years

    The fall was the largest annual amount since records began in 1997. It continues a trend seen since the 2016 Brexit vote

    UK unemployment fell by 65,000 to 1.36 million in three months to June - the lowest for more than 40 years, official figures from the Office for National Statistics (ONS) show. They also show a rise in productivity, but a slowdown in wage growth.

  • Tuesday, August 14th 2018 - 22:57 UTC

    Breakthrough for cleaner fish and the Scottish salmon industry

    The breakthrough should help Scotland’s salmon farmers who seek to control sea lice through non-medicinal, environmentally friendly approaches.

    A milestone has been reached in the production of cleaner fish in Scotland, particularly for the salmon industry, with two leading farmers completing the lifecycle of raising wrasse in a controlled environment. In a collaboration between Marine Harvest, Scottish Sea Farms and the Institute of Aquaculture at the University of Stirling, wild caught ballan wrasse (Labrus bergylta) have been bred for more than six years in a facility in Machrihanish.

  • Tuesday, August 14th 2018 - 07:36 UTC

    The Year of the Pig for Chinese couples could mean a third child

    The stamps were issued ahead of the forthcoming Year of the Pig in the Chinese lunar calendar, which begins in February 2019

    A series of postage stamps featuring two pig parents and three happy piglets has prompted speculation that China may be about to further ease its restrictions on the number of children to deal with its rapidly ageing population.

  • Tuesday, August 14th 2018 - 07:01 UTC

    Weed killer forces Bayer shares to drop sharply

    Bayer owns Monsanto, which was ordered by a California judge to pay US$ 289m damages to a man who said ingredients used in a weed killer had caused his cancer

    Shares in German pharmaceutical group Bayer have dropped sharply following a US verdict linking a product to cancer. By mid-morning on Monday, Bayer's shares had lost 10.4% of their value.