Investments

• Tuesday, February 23rd 2021 - 08:11 UTC

  Bolsonaro's arrogance plunges Bovespa index 4% and Petrobras shares 21%

  

  Brazil’s benchmark Bovespa index fell more than 4% Monday following President Jair Bolsonaro's decision last week to replace the chief executive of state oil company Petrobras. The company's shares plunged more than 21% on news that the government nominated an army general with no oil and gas industry experience as its new CEO.

• Wednesday, February 17th 2021 - 08:25 UTC

  Good news for Chile, copper price soaring on Chinese demand

  

  Good news for Chile. The price of the country's main export, copper, reached this week its highest international value in eight years and nine months, at US$ 3,81 the pound, according to the latest reports from the London Metal Exchange.

• Wednesday, February 17th 2021 - 08:07 UTC

  Jaguar will be all electric by 2025

  

  Jaguar Land Rover's Jaguar brand will be all-electric by 2025, the carmaker announced. The company will launch electric models of its entire Jaguar and Land Rover line-up by 2030, it added.

• Friday, February 12th 2021 - 09:18 UTC

  RRS Sir David Attenborough begins sea trials around the Irish Sea

  

  Falklands flagged RRS Sir David Attenborough will spend the next two weeks testing anchoring, maneuvering, and dynamic positioning, as well as other engineering systems, such as freshwater making, that cannot be tested while in port. The trials will primarily take place in and around the Irish Sea, although some may take place on the West Coast of Scotland and the Celtic Sea.

• Wednesday, February 3rd 2021 - 09:20 UTC

  Brazil industrial production down 4,5% last year, auto and clothing worst hit

  

  Brazil’s industrial output plunged by 4.5% last year as the coronavirus pandemic battered Latin America’s largest economy, particularly the auto and clothing industries, the national statistics institute reported on Tuesday.

• Wednesday, February 3rd 2021 - 09:03 UTC

  Amazon Jeff Bezos to become executive chairman and Andy Jassy the next CEO

  

  Jeff Bezos is stepping down as CEO of Amazon later this year, the company said on Tuesday, 30 years after holding that role. The online company said he'll be replaced in the fall of 2021 by Andy Jassy, who currently runs Amazon's cloud business.

• Tuesday, February 2nd 2021 - 09:10 UTC

  UK will formally apply to join the Trans Pacific Partnership

  

  The United Kingdom will formally apply to join one of the world’s largest free-trade areas, deepening trade ties with some of the fastest-growing markets in the world. International Trade Secretary Liz Truss will speak to ministers in Japan and New Zealand to request to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), with formal negotiations set to start this year.

• Saturday, January 30th 2021 - 09:40 UTC

  Falklands new port will require 900,000 tons of stone

  

  Falkland Island lawmaker, MLA Roger Edwards, portfolio holder for Public Works spoke about the ongoing project for the new port to replace FIPASS, (Falklands Interim Port and Storage System) and the resources it will require, among which some 900,000 tons of stone.

• Saturday, January 30th 2021 - 09:09 UTC

  Novartis to help Pfizer with manufacturing capacity to boost production

  

  The Swiss drugmaker Novartis has signed an initial agreement to provide manufacturing capacity for Pfizer and Biontech's COVID-19 vaccine, a move aimed at helping boost production as supplies fall shy of demand.

• Friday, January 29th 2021 - 08:30 UTC

  Falklands new ITQ system, motivates launch of new joint venture, Polar Seafish

  

  Two Falkland Islands companies, Seaview and Seafish, announced the formation of a new joint venture fishing company named Polar Seafish Ltd – a merger of Polar Ltd and Nova Seafish Ltd.