International

Friday, August 31st 2018 - 08:34 UTC
India announces its first manned space mission to cost US$1.4bn

India announced it expected to spend less than 100 billion rupees (US$1.43 billion) on its first manned space mission to be launched by 2022, suggesting it is likely to be cheaper than similar projects by the United States and China.
Friday, August 31st 2018 - 08:29 UTC
Norway's Equinor plans to invest US$ 15bn in Brazil's oil, gas and renewables

Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.
Friday, August 31st 2018 - 08:22 UTC
BP, Shell, Total to bid in Brazil's pre-salt auction

Brazil’s oil regulator ANP has approved the applications of six companies—including Big Oil’s BP, Shell, and Total—to bid in next month’s oil auction of four blocks in the coveted pre-salt layer, ANP announced on Wednesday.
Friday, August 31st 2018 - 08:06 UTC
Bargain shopping for oil companies in Buenos Aires stock market

While the foreign exchange market in Argentina experienced a chaotic Thursday with no ceiling for the US dollar as locals dumped their Argentine pesos, the Argentine stock market witnessed another strong increase with the Merval index up 5.3% reaching 26.754,85 points, boosted mainly by the oil industry stocks.
Thursday, August 30th 2018 - 09:00 UTC
EU and UK adopt a milder approach in an attempt to avoid a “Brexit no deal”

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.
Thursday, August 30th 2018 - 08:23 UTC
Canada and US expected to reach a new NAFTA deal by Friday deadline

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.
Thursday, August 30th 2018 - 07:24 UTC
Falklands approves application to register a new build trawler

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.
Wednesday, August 29th 2018 - 08:56 UTC
French/British scallop war in the English Channel

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.
Wednesday, August 29th 2018 - 08:45 UTC
Argentina's beef exports expected to double this year boosted by China's purchases

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.
Wednesday, August 29th 2018 - 08:29 UTC
Vatican infighting surfaces and questions an “embittered” Pope

Pope Francis has no intention of stepping down as he fights accusations that he protected a former archbishop accused of sexual abuse, Italian news agency ANSA reported, citing “close associates” of the pope.