Investments

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.
Monday, June 29th 2020 - 10:28 UTC
Facebook advertising boycott campaign preparing to expand to major companies in Europe

Organizers of a Facebook advertising boycott campaign that has drawn support from a rapidly expanding list of major companies are now preparing to take the battle global to increase pressure on the social media company to remove hate speech. The new chapter comes when PepsiCo had decided to stop advertising on Facebook Inc, according to Fox Business News.
Saturday, June 27th 2020 - 08:11 UTC
Latam rescheduling and scaling back domestic and international flights

South American carrier LATAM has suspended ticket sales on 23 routes across its network, including several domestic routes within Chile and international routes from Brazil, Chile and Peru. At the same time, the Santiago-headquartered carrier has made the bold move to suspend international destinations from five Argentinean destinations to the carrier’s hubs in Santiago, Lima and Sao Paulo until 2021.