Investments

• Monday, June 22nd 2020 - 07:43 UTC

  London City Airport receives first commercial flight in three months

  

  London City Airport received its first commercial flight in nearly three months on Sunday as Britain moved another step closer to fully emerging from its coronavirus lockdown on Jul 4.

• Monday, June 22nd 2020 - 07:21 UTC

  Reliance Industries chairman makes it to the top ten richest people of the world

  

  Asia's richest man has entered a new league of wealth. The net worth of Mr. Mukesh Ambani, chairman of Reliance Industries Ltd, has jumped to US$64.5 billion, making him the only Asian tycoon in the exclusive club of the world's top 10 richest people, according to the Bloomberg Billionaires Index.

• Saturday, June 20th 2020 - 10:19 UTC

  Argentina extends deadline for bondholders to accept debt deal to July 24

  

  Argentina extended a deadline for bondholders to accept a debt restructuring proposal for the fifth time as creditors blamed the government for “walking away” from talks.

• 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.