Investments

Saturday, August 13th 2022 - 09:52 UTC
Conserving Damoy Hut, next to 'glacial skiway', Antarctica Historic Site and Monument

Damoy, a small wooden hut on a rocky outcrop in Antarctica will take centre stage in UK Antarctic Heritage Trust conservation efforts this coming season. The hut in Dorian Bay, along with the glacial ‘skiway’ on Damoy Point, formed the ‘Damoy Point Air Transit Facility’, operated by BAS from 1975-1993. It provided shelter for operators and scientists travelling to and from Rothera (Station R) and other BAS sites, especially when ice prevented access by sea.
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Friday, August 12th 2022 - 02:20 UTC
CHIPS made in US: Biden signs bipartisan legislation to promote semiconductor industry

Flanked by scores of lawmakers, union officials, local politicians and business leaders, US president Joe Biden signed legislation promoting investments in the American semiconductor industry in an effort to ease US reliance on overseas supply chains for critical, cutting-edge goods.
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Thursday, August 11th 2022 - 20:45 UTC
Google sets eyes on Las Toninas for transoceanic internet cable

Argentina's National Communications Agency (Enacom) has authorized Google Infraestructura Argentina SRL to install a fiber optic system called Firmina through Argentine Sea waters, which “will be the longest in the world” providing internet connectivity.
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Tuesday, August 9th 2022 - 08:24 UTC
South African business analyst joins Falklands Development Corporation

Talent Muzambi joins the Falkland Islands from South Africa, with a wealth of education and over 26 years’ work experience.
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Tuesday, August 9th 2022 - 08:13 UTC
Political turmoil making Uruguay investment alternative option for Chilean business people

Uruguay is becoming a growing option for Chilean business people and investors given the political climate and favorable economic scenario of the Mercosur member, while conditions in the Pacific nation are rapidly deteriorating under political stress and adverse conditions for business, according to Santiago economic media.
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Monday, August 8th 2022 - 09:42 UTC
Argentina and Uruguay potential customers of South Korea's military equipment

Located in a part of the world with numerous and evolving security challenges not least North Korea, an aggressive neighbor with nuclear weapons and the largest per capita standing army in the world, South Korea has earned a solid reputation as a high quality military equipment manufacturer for land, air, sea and space, and could in a near future have the Argentine Air Force as one of its clients..
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Monday, August 8th 2022 - 09:29 UTC
Brazil's Lower House passes bill to donate arms to Uruguay's Army

Brazilian defense authorities are moving ahead with their plans to donate military equipment to Uruguay consisting of M108 howitzers and Urutu vehicles after the Lower House passed a bill in that regard which has now been sent over to the Senate.
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Thursday, August 4th 2022 - 20:56 UTC
Brazil's decommissioned carrier leaves Rio to be scrapped

Brazil's Navy Thursday bid farewell to the Sao Paulo aircraft carrier, which has been decommissioned and sold for scrap. Türkiye is the structure's final destination.
Thursday, August 4th 2022 - 20:54 UTC
5G technology starts operating in São Paulo

The largest city in South America started bringing 5g mobile telephone services Thursday, one week after the government passed new legislation allowing for speedier installation of antennas suitable for the new technology.
Thursday, August 4th 2022 - 09:45 UTC
Bristow Group completes acquisition of BIH, including Falklands' operations

The Bristow Group announced on Wednesday that it has completed its acquisition of British International Helicopter Services Limited (BIH) effective 2nd August 2022, further enhancing its global Government Services offering. BIH also operates support helicopter services in the Falkland Islands.