Investments

• Thursday, April 30th 2020 - 05:56 UTC

  EU and Mexico finalize upgrade of free trade deal with reciprocal market access

  

  The European Union and Mexico finalized a major upgrade to their free trade deal on Tuesday after the two sides agreed to grant reciprocal market access to each other’s tenders for public contracts.

• Wednesday, April 29th 2020 - 07:20 UTC

  Good news from Italy: the Genoa bridge which collapsed killing 43 people has been rebuilt as a renewal symbol

  

  The final section of a new bridge in Genoa, built after a deadly 2018 motorway collapse, was slotted into place on Tuesday, providing a much-needed symbol of renewal for coronavirus-hit Italy.

• Tuesday, April 28th 2020 - 08:17 UTC

  Antarctica's Rothera new wharf becomes operational and is waiting for RRS Sir David Attenborough

  

  A new £40 million wharf to moor the RRS Sir David Attenborough has been used by polar ships for the first time at British Antarctic Survey’s Rothera Research Station in Antarctica to transport staff and materials back to the UK.

• Monday, April 27th 2020 - 07:50 UTC

  Chilean navy acquires two 1990 Adelaide class frigates from Australia

  

  Chile's Navy is preparing to sail two recently retired Australian warships out of Sydney after purchasing them in a deal believed to be worth more than US$ 70 million. Ex-Adelaide-class frigates HMAS Melbourne and HMAS Newcastle were quietly commissioned into their new service this month during a formal handover ceremony between both navies.

• Monday, April 27th 2020 - 07:29 UTC

  Russia building 69,700-ton nuclear powered icebreakers to keep the Northern Sea Route navigable year round

  

  Russia pushes ahead with plans to ensure year-round navigation along the Northern Sea Route. The Leader-class icebreaker also referred to as LK-120Ya, will be twice as powerful as the country’s current nuclear icebreakers.

• Monday, April 27th 2020 - 07:18 UTC

  Chile preparing investments ”on Rails” for the day after COVID-19

  

  Chile has approved US$ 1.9bn worth of railway investment between 2020 and 2022, including the US$ 1.3bn link planned between the capital, Santiago, and Melipilla, a city some 70km to the southwest.

• Wednesday, April 22nd 2020 - 08:45 UTC

  Netflix booming and with soaring profits thanks to global lockdown

  

  Netflix on Tuesday reported soaring profits as paid subscriptions surged by almost 16 million at the streaming television service during lockdowns to slow the spread of the coronavirus pandemic.

• Wednesday, April 22nd 2020 - 07:06 UTC

  Coca Cola sale volumes drop 25% globally since the beginning of April

  

  Coca-Cola Co on Tuesday forecast a significant hit to current-quarter results as restaurants, theaters and other venues that represent about half of the company's revenue remain closed because of the coronavirus pandemic.

• Monday, April 20th 2020 - 06:51 UTC

  Norwegian Cruise Line exploring financial options including sale of a stake

  

  Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, according to a report filed by Reuters.

• Monday, April 13th 2020 - 12:22 UTC

  Latam Brazil CEO: “We expect demand to return to pre-crisis levels in two to three years”

  

  In a general sense, airlines around the world have already realized the short-term effects and the best way to survive the coronavirus crisis. Now, another vital question faces the industry: how demand for air travel will behave after the pandemic is under control?