Investments

Monday, December 23rd 2024 - 22:19 UTC
Nissan and Honda sign MOU toward merger by 2026

It was more than rumors that Japanese automotive giants Nissan and Honda were eyeing a merger by 2026 which would revolutionize the industry with the appearance of what in Reuters' view would be the third-largest auto group worldwide. The two companies signed a memorandum of understanding whereby discussions about integration via a joint holding company would go on during 2025, it was announced. Earlier this month, Nissan's CEO Makoto Uchida admitted that the company's situation was “severe.”
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Monday, December 23rd 2024 - 11:11 UTC
Patagonian Train to run again next year

Argentine authorities announced the return of the railway service linking the city of Viedma on the Atlantic Ocean shore and the Andean resort Bariloche in the Province of Rio Negro starting Jan. 3 with two weekly frequencies.
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Monday, December 23rd 2024 - 07:59 UTC
UK government backs Spanish shipbuilder Navitas deal to take over Harland and Wolff

A UK Government-backed deal will see Spanish shipbuilding subsidiary Navantia UK buy out Harland and Wolff, securing the future of all four yards in the UK, including two in Scotland. The buy-out saves the jobs of 350 skilled workers at the company’s sites in Methil, Fife, and Arnish in the Western Isles.
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Thursday, December 19th 2024 - 10:19 UTC
Improved air connectivity heralds busy summer season in Brazil

Brazil's tourism authorities expect a record-breaking summer season thanks to a recent boost in air connectivity, particularly with direct flights between Rio de Janeiro and Montevideo, Agencia Brasil reported.
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Thursday, December 19th 2024 - 09:22 UTC
Spanish shipbuilder expected to announce it is taking over Harland and Wolff

A Spanish state-owned shipbuilder is expected to confirm this Thursday that it is buying Harland and Wolff, the Belfast shipyard best known for having built the Titanic. Harland and Wolff was once mentioned as a possible builder of the Falkland Islands new port terminal, the largest Islands’ capital investment.
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Wednesday, December 18th 2024 - 09:52 UTC
Paraguayan President discusses energy and business with Chubut Governor

Paraguay's President Santiago Peña met Tuesday with Ignacio Torres, Governor of the Argentine Patagonian Province of Chubut, at the Mburuvicha Roga Residence in Asunción to discuss bilateral issues. The Argentine official also held encounters with local businessmen.
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Tuesday, December 17th 2024 - 10:28 UTC
Number of Argentines migrating to Uruguay on the rise

According to data released Monday in Montevideo, the number of Argentines seeking to start anew in Uruguay in the first year under President Javier Milei has more than doubled. After Argentine migration to Uruguay increased by 64% reaching 3,639 applications in less than one year, local authorities are beginning to ponder its possible impact on the country's demographics and social structure.
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Friday, December 13th 2024 - 10:40 UTC
Fears of illegal goods trading as China’s takes control of Latin American ports along the Pacific

A report by the Washington-based think tank, the Center for Strategic and International Studies (CSIS) indicates strong concern with the increasing number of Chinese-operated ports in Latin America, fearing an increase in criminal networks and the trafficking of illicit goods and smuggling.
Saturday, December 7th 2024 - 10:50 UTC
Aerolíneas Argentinas and LATAM sign game-changing agreement

Aerolíneas Argentinas and LATAM Airlines signed a key agreement for codeshare flights and reciprocity within their fidelity programs, thus resulting in arguably the largest alliance in South America. The understanding allows the sale of tickets on domestic and regional routes between both companies in addition to the accrual and redemption of miles, thus benefiting 48 million LATAM Pass members and more than 4 million Aerolíneas Plus members.
Friday, December 6th 2024 - 10:15 UTC
Falklands, Ramboll’s professional services framework contractor renewed for five years

Following a competitive international tender process, the Falkland Islands Government (FIG) has announced that the contract for its professional services framework has been awarded to Ramboll, (*).