Investments

• Saturday, May 9th 2020 - 08:48 UTC

  In April Mexico and Brazil produced 5,569 cars instead of half a million

  

  Auto production in Mexico and Brazil, Latin America's top producers, plunged by an unprecedented 99% in April as a result of the coronavirus crisis, with the two countries building a total of just 5,569 vehicles.

• Friday, May 8th 2020 - 08:30 UTC

  Prince Andrew in trouble over purchase of a US$ 22,5 million chalet in Switzerland

  

  Legal proceedings have been launched in Switzerland against Britain's Prince Andrew and his ex-wife Sarah, a newspaper reported on Thursday, over money they still owe on a luxury chalet.

• Thursday, May 7th 2020 - 12:58 UTC

  Chilean economy contracts 3.5% in March over a year ago

  

  Chile’s economic activity dropped 3.5% in March from a year earlier, the central bank said. The bank’s IMACEC economic activity index declined 5.7% compared with the previous month, as the country went into an economic and social shutdown after the arrival in Chile of the new coronavirus.

• Thursday, May 7th 2020 - 07:50 UTC

  Trump shifts primary focus to reviving US business and social life; Democrats criticize “undermining science”

  

  President Donald Trump said on Wednesday his coronavirus task force would shift its primary focus to reviving US business and social life while acknowledging that reopening the economy could put more lives at risk.

• Wednesday, May 6th 2020 - 07:00 UTC

  British new car sales slumped to its lowest level since February 1946

  

  British new car sales slumped by an annual 97% in April to the lowest level of any month since February 1946 as factories and dealerships shut due to the coronavirus outbreak.

• Tuesday, May 5th 2020 - 07:00 UTC

  Surprise: Brazil's retailer industry finds a consolidated e-commerce sector as it gradually reopens

  

  Brazil's battered retailers are starting to reopen after weeks of coronavirus lockdown but may exit the crisis transformed, with the e-commerce sector strengthened and brick-and-mortar chains facing an uphill path to normality.

• Tuesday, May 5th 2020 - 06:46 UTC

  Dramatic boom of flour sales by lockdown baking

  

  A mill is producing a month's worth of flour every week to keep up with demand during the coronavirus pandemic. Supermarket shelves have been stripped of flour by shoppers either panic-buying or taking to lockdown baking.

• Tuesday, May 5th 2020 - 06:18 UTC

  Israel research lab isolates coronavirus antibody: “a significant breakthrough”

  

  Israel has isolated a key coronavirus antibody at its main biological research laboratory, the Israeli defense minister said on Monday, calling the step a “significant breakthrough” toward a possible treatment for the COVID-19 pandemic.

• Monday, May 4th 2020 - 07:41 UTC

  Buffett sold its entire stakes at the four largest US airlines: “the world has changed”

  

  Berkshire Hathaway sold its entire stakes in the four largest US airlines in April, chairman Warren Buffett said on Saturday at the company's annual meeting, saying “the world has changed” for the aviation industry.

• Friday, May 1st 2020 - 08:27 UTC

  Rockhopper, Premier and Navitas LP confirm Falklands' Sea Lion farm-in agreement

  

  Rockhopper Exploration has provided an update on its previously announced Heads of Terms with Navitas Petroleum LP to farm into the Sea Lion project in the North Falkland Basin.