Investments

Monday, December 21st 2020 - 08:07 UTC
China planning fleet of 50 large scale fish farming vessels

Construction of the world's first 100,000-ton large-scale fish farming ship started in Qingdao of East China's Shandong Province on Saturday, pioneering a new mode of industrial farming with “movable fish farms” on distant seas.
Saturday, December 19th 2020 - 09:30 UTC
Brazilian senate approves bill facilitating purchase of rural properties by foreign companies

The Brazilian Senate unexpectedly approved a bill this week to facilitate the purchase and leasing of rural properties in Brazil by foreign nationals or foreign companies. The legislation must be approved by the lower house of Congress before the president can sign it into law.
Wednesday, December 16th 2020 - 07:11 UTC
FOX News Media streaming service available this week in Chile, Panama and Portugal

FOX News Media’s international streaming service, will be made available in Chile, Panama and Portugal starting December 17th. The launch further expands the platform’s distribution to 30 countries worldwide, surpassing FOX News Media’s original goal of reaching 20 countries by year-end.
Tuesday, December 15th 2020 - 18:10 UTC
Mass inoculation against Covid-19 in Brazil “only possible” in March with the AstraZenca vaccine

In Brazil, a mass inoculation campaign against Covid 19 will only be possible from March and will rely on the Astra Zeneca vaccine, a senior health official at the country’s leading public biomedical institute told Reuters.
Tuesday, December 15th 2020 - 15:03 UTC
Lack of confidence, Argentine government main challenge in its first year

Argentina's current government has had a wild ride in its first year of government: a sovereign default, huge debt restructurings together with sliding reserves, a currency crisis, a weak economy battered by COVID-19, and massive money printing.
Tuesday, December 15th 2020 - 14:54 UTC
China will upgrade Argentina's railway system with a US$ 4,7bn contract

Rail companies from China have signed agreements worth US$ 4.7bn with the government of Argentina, aimed at improving the country’s rail system.
Tuesday, December 15th 2020 - 09:14 UTC
As airlines reactivate planes, regulators and insurers call for extra attention to conditions and training

Regulators, insurers and experts are warning airlines to take extra care when reactivating planes left in extended storage during the Covid-19 pandemic, citing potential pilot rustiness, maintenance errors and even insect nests blocking key sensors.
Monday, December 14th 2020 - 07:24 UTC
Royal Navy's generation Type 31 frigates will be built two at a time side by side

Work has begun on a huge hall for the Royal Navy’s next-generation Type 31 frigates – to build two ships side-by-side. Standing at 147 meters long, the hall at Rosyth includes 30-metre high ‘megadoors’ and will be able to accommodate two of the 138.7-metre vessels being assembled at the same time side by side.
Friday, December 11th 2020 - 08:40 UTC
Spanish government takes over Franco's summer palace and its art collection

The Spanish state on Thursday took over former dictator General Francisco Franco's summer palace, complete with its vast art trove, and evicted his heirs as part of the leftist government's efforts to erase the legacy of his rule.
Friday, December 11th 2020 - 08:20 UTC
Brazil's richest man and world banker Joseph Safra dies in Sao Paulo, aged 82

Joseph Safra, one of the world’s richest bankers who built an empire spanning continents with over US$ 85 billion in banking assets, has died. He was 82. Safra died of natural causes on Wednesday in Sao Paulo, Banco Safra said in a statement.