Investments

Saturday, June 20th 2020 - 10:18 UTC
Islanders manufacturer, Britten-Norman celebrates 55th anniversary. Backbone of Falklands air service

The UK aircraft manufacturer, Britten-Norman, celebrates the 55th anniversary of the Islander’s maiden flight with a look to the future of British Aviation. The Islander is one of the world’s most successful and enduring aircraft designs.
Friday, June 19th 2020 - 12:49 UTC
Argentina seems headed for a debt agreement with only some of its bondholders

Argentina’s debt markets were rattled on Thursday after bond restructuring talks with creditors appeared to stall, pushing the country’s risk spread up sharply over safe-haven U.S. Treasuries, a sign of investors growing cautious.
Friday, June 19th 2020 - 11:46 UTC
Exploding cases of Covid-19 in Chilean copper mines, claim workers' union

Unionized copper mine workers in Chile asked to be included in a dialogue between companies and the government to address the exploding coronavirus crisis in the world´s top producer of the red metal.
Friday, June 19th 2020 - 09:30 UTC
Bank of England: It's not that bad so the bond-buying program will be scaled down

The Bank of England slowed the pace of its huge bond-buying program on Thursday as it saw some signs that the British economy was recovering from the unprecedented slump caused by the coronavirus lockdown.
Thursday, June 18th 2020 - 23:00 UTC
LATAM Argentina announces options for purchased ticket holders

LATAM Airlines Group informs that LATAM Airlines Argentina announced on Wednesday that it will cease passenger and cargo operations for an indefinite period. The announcement is a result of current market conditions, exacerbated by the impact of the COVID-19 pandemic and the difficulty of building structural agreements with local industry actors, which has made it impossible to foresee a viable and sustainable long-term project.
Thursday, June 18th 2020 - 12:36 UTC
Brazil retail sales plunge in April anticipating a major contraction of the economy

Brazilian retail sales plunged at a record pace in April as social isolation measures choked spending, official figures showed indicating the economy’s contraction in the second quarter could be even more severe than anticipated.
Thursday, June 18th 2020 - 10:15 UTC
LATAM's Argentina branch will cease operations indefinitely; 1,715 staff to be laid off

LATAM Airlines Group said on Wednesday its Argentine subsidiary will cease operations indefinitely, cancelling all domestic flights, its first major cutback since filing for bankruptcy protection. The announcement fell short of saying the company, Latin America’s largest airline, will entirely wind down its subsidiary, although it is unclear if it will ever resume operations.
Wednesday, June 17th 2020 - 17:51 UTC
Trump administration nominates White House official to lead the Inter American Development Bank

The Trump administration announced it plans to nominate the top White House official for Latin America to lead the Inter-American Development Bank, aiming to break a six-decade tradition of choosing the bank's leadership from candidates in that region.
Wednesday, June 17th 2020 - 12:09 UTC
Investment inflows to Latina America forecasted to halve from US$ 164 billion

Investment flows to Latin America are expected to halve in 2020 from the US$ 164 billion received last year, according to UNCTAD's World Investment Report 2020.
Wednesday, June 17th 2020 - 08:22 UTC
Argentina extends confidentiality agreements with creditors for one day

Argentina has extended confidentiality agreements with creditors by one day to allow further negotiations as the two sides seek a last-ditch agreement to restructure around US$ 65 billion in debt.