Investments

• Tuesday, July 7th 2020 - 09:35 UTC

  Brazil automakers expect sales to reach pre coronavirus levels in 2025

  

  Brazil’s automakers association said on Monday it only expects auto sales to recover to pre-coronavirus levels in 2025, discarding the possibility of a V-shaped recovery and taking on a grim view for the industry.

• Saturday, July 4th 2020 - 07:32 UTC

  Brazil's Embraer union files lawsuit against the company's board over the collapsed deal with Boeing

  

  A union representing workers at planemaker Embraer filed a lawsuit on Friday seeking to dismiss the company's board, after a US$4.2 billion deal with Boeing Co collapsed amid the pandemic, leaving the Brazilian jet-maker scrambling for a new path forward.

• Friday, July 3rd 2020 - 08:11 UTC

  Encouraging industrial production pick up in Brazil during May

  

  Industrial production in Brazil rose 7% in May, official figures showed on Thursday, the second-biggest monthly increase ever as activity started to pick up following two months of stricter lockdowns to curb the spread of the novel coronavirus.

• Thursday, July 2nd 2020 - 08:45 UTC

  Facebook 'hate speech' boycott: 400 brands stop advertising; civil rights groups insist in meeting Zuckerberg

  

  Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish from Facebook as of Thursday, after the failure of last-ditch talks to stop a boycott over hate speech on the site.

• Thursday, July 2nd 2020 - 08:12 UTC

  Brazil's WhatsApp payment messaging service lifts antitrust ruling, but still faces central bank objections

  

  Brazilian antitrust watchdog Cade on Tuesday said it was revoking its previous decision suspending Facebook Inc’s recently launched WhatsApp payments messaging service in partnership with card processor Cielo SA.

• Thursday, July 2nd 2020 - 08:07 UTC

  Integration bridge connecting Paraguay with Brazil in under construction

  

  Construction work is being carried out for the Puente de la Integracion bridge connecting Paraguay with Brazil. The bridge spans the Parana River and connects Presidente Franco in Paraguay with Foz de Iguazu in Brazil.

• Tuesday, June 30th 2020 - 09:51 UTC

  Alphabet Google removes search ads for paid voting information and registration

  

  Alphabet Inc's Google said on Monday that it had removed search ads that charged users searching for voting information large fees for voter registration or harvested their personal data.

• Tuesday, June 30th 2020 - 07:43 UTC

  Boris Johnson in major speech will pledge billions in public works to jump start the economy

  

  Prime Minister Boris Johnson vowed Britain will spend large sums on hospitals, schools and roads to jump-start the economy as it emerges from the coronavirus lockdown that has plunged the country into what may be the worst recession in three centuries.

• Tuesday, June 30th 2020 - 07:39 UTC

  Norwegian Air Shuttle cancels purchase of 97 jets from Boeing

  

  Norwegian Air Shuttle has notified Boeing that it is terminating purchase agreements for all 97 of its remaining jets on order with the US planemaker. The decision covers 92 of Boeing's 737 Max planes, five 787 Dreamliners and a related maintenance pact, Norwegian said in a statement on Monday.

• Monday, June 29th 2020 - 10:55 UTC

  COVID-19 could crush Argentina’s shale boom

  

  By Nick Cunningham of Oilprice.com – Holding some of the largest shale oil and gas reserves in the world, Argentina is often cited as the likely candidate for the next big shale boom, and Vaca Muerta is often described as having the potential to be South America’s Permian basin.