Investments

Tuesday, March 26th 2019 - 08:40 UTC
Land Rover beats Chinese auto industry copies in Beijing court

Jaguar Land Rover has won a legal case to prevent a Chinese car brand from selling a copycat vehicle, ending a three-year court battle. In 2016 the UK-based carmaker sued Jiangling Motor Corporation over its Landwind X7 sport utility vehicle, which the company claimed bore an extremely similar resemblance to the Range Rover Evoque.
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Sunday, March 24th 2019 - 08:15 UTC
Italy joins China's Silk Road project: Europe Union, Nato and G7 rattled

Italy has become the first developed economy to sign up to China's global investment program which has raised concerns among Italy's Western allies. A total of 29 deals amounting to €2.5bn were signed during Chinese President Xi Jinping's visit to Rome.
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Saturday, March 23rd 2019 - 08:45 UTC
Italy establishing closer links with China, plans to sign Silk Road project

Chinese President Xi Jinping arrived in Rome at the start of a whistle stop European tour amid growing Western unease over the economic giant's new Silk Road project. Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative, the first G7 member to do so.
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Thursday, March 21st 2019 - 09:52 UTC
GM announces US$ 2.5bn investment in Brazilian car industry

General Motors Co said it would invest US$ 2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker’s operations, a decision hailed by the governor of Brazil’s largest state.
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Wednesday, March 20th 2019 - 21:55 UTC
Falklands launches procurement process and issues tender for a new port facility

The Falkland Islands Executive Council on Wednesday approved a formal procurement process to issue an Invitation to Tender (ITT) to the global construction market to select and appoint a preferred development partner for the design, construction and potentially the operation of a new port facility. The tender will also invite bidders to submit funding options.
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Tuesday, March 19th 2019 - 08:30 UTC
Danish Royals visit Argentina with a delegation to promete business and trade

Denmark's Queen Margrethe II and Crown Prince Frederik are spearheading an official state visit to Argentina which started this Monday ahead of a larger business delegation which seeks to make inroads in the country.
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Tuesday, March 19th 2019 - 08:28 UTC
Maracaná stadium returns to the government of Rio do Janeiro; private contract cancelled

Rio de Janeiro state says it is taking over the running of Brazil's Maracanã stadium, canceling the contract of a private consortium. Governor Wilson Witzel said the decision would take effect on 17 April but would not disrupt football matches.
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Tuesday, March 19th 2019 - 08:08 UTC
Spanish and Swiss companies win rights to operate key Brazilian airport groups

Spain’s Aena SME SA and Switzerland’s Flughafen Zuerich AG last Friday won the right to operate two key Brazilian airport groups, in one of the first tests of President Jair Bolsonaro’s ability to draw foreign investment.
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Monday, March 18th 2019 - 09:51 UTC
Bolsonaro in Washington, meets Trump on Tuesday: closer political collaboration and Venezuela in the agenda

Brazilian President Jair Bolsonaro arrived in Washington on Sunday to meet with his U.S. counterpart, Donald Trump, and cement a conservative-populist alliance that, in part, aims to ramp up pressure on Venezuela.
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Saturday, March 16th 2019 - 09:56 UTC
China and Argentina resume talks for the construction of a nuclear power plant

A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling possible progress in a deal that could increase Beijing’s deepening influence in Argentina. Accordingly, the “technical team” from China would meet local suppliers about the long-stalled nuclear power plant project, reportedly worth up to US$8 billion.