Investments

Wednesday, June 17th 2020 - 17:51 UTC
Trump administration nominates White House official to lead the Inter American Development Bank

The Trump administration announced it plans to nominate the top White House official for Latin America to lead the Inter-American Development Bank, aiming to break a six-decade tradition of choosing the bank's leadership from candidates in that region.
Wednesday, June 17th 2020 - 12:09 UTC
Investment inflows to Latina America forecasted to halve from US$ 164 billion

Investment flows to Latin America are expected to halve in 2020 from the US$ 164 billion received last year, according to UNCTAD's World Investment Report 2020.
Wednesday, June 17th 2020 - 08:22 UTC
Argentina extends confidentiality agreements with creditors for one day

Argentina has extended confidentiality agreements with creditors by one day to allow further negotiations as the two sides seek a last-ditch agreement to restructure around US$ 65 billion in debt.
Tuesday, June 16th 2020 - 11:55 UTC
Argentina and main creditors on the last leg of negotiations: reviewed exchange of payment proposals

Some of Argentina’s largest creditors presented a new debt proposal to the government over the weekend as the two sides edge closer to a US$ 65 billion restructuring deal, according to people familiar with the matter.
Monday, June 15th 2020 - 08:18 UTC
Chilean copper miners warn of alarming increase in Covid-19 cases and threaten to walk off the job

Chilean copper miners' unions called on Sunday for a re-evaluation of the operational continuity plans of the country's biggest miners during what they said was an “alarming” increase in coronavirus cases among workers.
Monday, June 15th 2020 - 08:09 UTC
EasyJet takes off this Monday with a fist flight to Glasgow

EasyJet aircraft will take to the skies this Monday for the first time since Mar 30, as the British carrier resumes a small number of mainly domestic flights after weeks of lockdown.
Saturday, June 13th 2020 - 07:03 UTC
Unilever's Anglo-Dutch structure to become a single holding based in UK

Unilever proposed collapsing its Anglo-Dutch legal structure into a single holding company based in Britain on Thursday, nearly two years after shareholders sank an earlier plan to move its headquarters to the Netherlands.
Wednesday, June 10th 2020 - 22:10 UTC
Falklands 2020/21 budget reflects stability and continuity: no rises in fees or charges

Stability and continuity are at the heart of the Falkland Islands Government Budget for 2020/21. The Budget recognises these two themes are essential in the time of uncertainty stemming from the global COVID-19 pandemic.
Wednesday, June 10th 2020 - 22:01 UTC
Airline industry losses forecasted to top US$84 billion in 2020, estimates IATA

Passenger revenues are expected to fall to US$241 billion (down from US$ 612 billion in 2019). This is greater than the fall in demand, reflecting an expected 18% fall in passenger yields as airlines try to encourage people to fly again through price stimulation. Load factors are expected to average 62.7% for 2020, some 20 percentage points below the record high of 82.5% achieved in 2019.
Wednesday, June 10th 2020 - 08:41 UTC
Falklands will continue to invest in improving quality of life and prosperity of its people

The Falkland Islands remain confident of the British government's support and defense of their sovereignty and self-determination right, and is working closely with London to ensure the Falklands interests are contemplated in the Brexit negotiations.