Investments

• Monday, July 20th 2020 - 09:09 UTC

  British Airways will retire its entire Jumbo jet fleet of Boeing 747

  

  British Airways, the world's largest operator of Boeing's 747, said it would retire its entire jumbo jet fleet with immediate effect due to the downturn in the travel industry caused by the coronavirus pandemic.

• Thursday, July 16th 2020 - 09:31 UTC

  Falklands' new port works scheduled to begin at the end of the month

  

  British contractor BAM Nuttall is set to start work at the end of this month on a new port for the Falklands Islands. The existing facilities will be replaced. BAM Nuttall was chosen by the Falkland Islands Government (FIG) in February to carry out the design and build contract for the new port. The contract was signed in early April but was suspended due to the Covid-19 pandemic.

• Thursday, July 16th 2020 - 06:29 UTC

  China warns UK for banning Huawei from the 5G network, calls Britain 'a vassal of United States'

  

  China warned British Prime Minister Boris Johnson on Wednesday that his decision to ban Huawei from the 5G network would cost Britain dearly in investment, casting the move as the result of politicized pressure from U.S. President Donald Trump.

• Thursday, July 16th 2020 - 06:23 UTC

  Apple scores major win: European court rejects order for iPhone maker to pay 13bn Euros in Irish back taxes

  

  Apple scored a major win on Wednesday as Europe's second-highest court rejected an EU order for the iPhone maker to pay 13 billion euros (US$15 billion) in Irish back taxes, dealing a blow to the bloc's attempts to crack down on sweetheart tax deals.

• Wednesday, July 15th 2020 - 08:24 UTC

  Boeing customers cancelled order for 355 of 737 MAX jets in first half of 2020

  

  Boeing customers cancelled orders for 355 of its 737 MAX jets in the first half of 2020, the US planemaker said on Tuesday, as the damage done by the jet's grounding and the coronavirus crisis to the airline industry continued to mount.

• Monday, July 13th 2020 - 09:55 UTC

  Latam Brazil joins other parts of the group and enters Chapter 11 protection

  

  Latam Airlines Brazil has joined other parts of the airline group in entering Chapter 11 bankruptcy protection as it took a further step to securing required financing to complete its restructuring.

• Monday, July 13th 2020 - 08:48 UTC

  OECD Investment Committee report helps Uruguay with its full membership incorporation

  

  The Organization for Economic Cooperation and Development Investments Committee has decided to support Uruguay's incorporation as full member of that committee. The decision follows a review by the Committee of Uruguayan investment policies.

• Monday, July 13th 2020 - 08:39 UTC

  Copper prices hit their highest in two years, over a Chilean miners' strike

  

  Shanghai copper hit its highest in nearly 25 months on Monday, while London copper scaled a 24-month high, on supply worries from top producer Chile due to a potential strike at a mine.

• Saturday, July 11th 2020 - 08:22 UTC

  Wall Street will be looking into asset manager BlackRock earnings next week

  

  Investors will watch next week's earnings from BlackRock, the world's largest asset manager, for a snapshot of how the industry performed during the second quarter's dramatic rebound in global financial markets.

• Friday, July 10th 2020 - 09:42 UTC

  Galician shipyard launches new trawler for the Falklands' fisheries

  

  The Galician Nodosa shipyard launched this week a trawler-freezer, “Montelourido” which according to the Vigo media was ordered by Rampesca and their Falklands' partners RBC.