Investments

Monday, September 26th 2022 - 10:16 UTC
All tire-manufacturing plants in Argentina close down

Argentina has ceased to be a tire-manufacturing country as labor conflicts resulted in the closing of all three plants nationwide, although some of these measures have been reported to be a temporary issue.
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Friday, September 23rd 2022 - 10:56 UTC
Uruguay ranked among best places for investing in the near future

According to one of the world's leading financial magazines, Uruguay remains “a haven of stability in a volatile region.” The report featured the opinions of experts participating in a regular survey, who were asked to evaluate 174 countries quarterly.
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Thursday, September 22nd 2022 - 09:35 UTC
Germany to nationalize gas giants to secure energy supplies and war in Ukraine

Germany is to nationalize gas giant Uniper to secure energy supplies amid the war in Ukraine. The deal will see the German government take on a 98.5% stake in the firm at a cost of €8.5bn (£7.4bn).
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Wednesday, September 21st 2022 - 10:39 UTC
Fortuna announces the construction of a new trawler

Over recent weeks, the Boards of Fortuna Ltd and our partners have approved the construction of a new trawler to replace the FV Capricorn in the Loligo fishery in early 2025. The vessel will be owned and operated by Fortuna Joint Venture Company - “Petrel Fishing Company Ltd”.
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Tuesday, September 20th 2022 - 10:13 UTC
Brazil improved infrastructure closes supply chain gap with the US in soy exports

A surging dollar and the supply-chain bottlenecks are cutting the competitive edge for United States farmers in the soybeans global market, to the benefit of Brazilian farmers, according to US Department of Agriculture data.
Tuesday, September 20th 2022 - 10:07 UTC
Latam to double Santiago/Punta Arenas flights to cope with greater demand

Latam should be almost doubling the number of flights between Santiago and Punta Arenas in coming weeks, according to the company following a meeting with local and central Chile authorities, complaining about insufficient seats and increasing ticket rates.
Monday, September 19th 2022 - 10:05 UTC
Argentina's Lower House passes bill for military drills

Argentina's Lower House passed the bill approving the involvement of the country's Armed Forces in the joint UNITAS military drills with foreign troops, which have also been allowed to enter national territory, it was reported.
Tuesday, September 13th 2022 - 09:53 UTC
Blinken offers Mexico to join US semiconductor program

US Secretary of State Antony Blinken landed in Mexico City Monday and extended an invitation to President Andrés Manuel López Obrador (AMLO) to participate in a semiconductor and electromobility investment package announced by the Joseph Biden administration worth US$ 50 billion.
Monday, September 12th 2022 - 19:09 UTC
Uruguay's Carrasco Airport gains momentum as more services are offered

LATAM Airlines has announced an increase in its number of flights between Montevideo and Santiago de Chile starting in September and growing steadily through December as the Uruguayan capital's Carrasco International Airport picks momentum worldwide.
Friday, September 2nd 2022 - 10:05 UTC
Santos port concession will be extended from 35 to 50 years

Following on requests from the potential bidders for Brazil's largest and most active port of Santos, the concession period of the Santos Port Authority (SPA), initially planned to be 35 years, should now increase to 50 years.