Investments

• Tuesday, August 18th 2020 - 09:09 UTC

  The US pledges US$ 5bn to Colombia for rural development; Duque supports US candidate for IDB

  

  The United States and Colombia will work together to bring new investment to rural areas of the country, officials said on Monday, as Colombia's president reiterated support for the U.S. candidate to lead the Inter-American Development Bank.

• Tuesday, August 18th 2020 - 08:20 UTC

  Diageo adds Aviation American Gin to its gin portfolio, co-owned with actor Ryan Reynolds

  

  Diageo (DGE.L) is paying up to US$ 610 million for Aviation American Gin, co-owned by Hollywood actor Ryan Reynolds, and a clutch of other spirits brands, adding to a gin portfolio which already includes Tanqueray and Gordon’s.

• Saturday, August 15th 2020 - 09:29 UTC

  Taiwan to purchase 66 new generation F-16 fighters; Beijing furious

  

  Taiwan finalized the purchase of F-16 fighter jets from US aircraft manufacturer Lockheed Martin on Friday, in a US$62 billion, a 10-year deal sure to anger Beijing. Underscoring the sensitivity of the transaction, the Pentagon announced the contract without specifying the buyer, but a source confirmed it was Taiwan.

• Friday, August 7th 2020 - 08:30 UTC

  Cruise Lines lobby voluntarily suspends operations until al least 31 October

  

  Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, announced this week that its ocean-going cruise line members have agreed to voluntarily suspend U.S. cruise operations until at least 31 October 2020.

• Thursday, August 6th 2020 - 09:24 UTC

  Brazil's aircraft manufacturer Embraer, reports losses of US$ 315 million

  

  Brazilian aircraft manufacturer Embraer reported second-quarter losses of US$ 315 million on Wednesday, as sales plunged due to the coronavirus pandemic and a proposed joint venture with Boeing collapsed.

• Thursday, August 6th 2020 - 08:01 UTC

  Petrobras opens bidding notice for the lease of Regasification Terminal in Bahia

  

  Brazil oil giant Petrobras released a bidding notice for the lease of the Bahia LNG regasification terminal (TR-BA) and its associated facilities. The bidding will be restricted to companies accepted in the prequalification call which will follow pre-established criteria.

• Wednesday, August 5th 2020 - 08:54 UTC

  Argentina planning an Antarctic Logistic Pole in Ushuaia

  

  Planning and first budget funds for an Argentine integrated naval base and an Antarctic Logistic Pole in Ushuaia have been announced by the Argentine Executive cabinet chief Santiago Cafiero, during a presentation to the Lower House of Congress.

• Wednesday, August 5th 2020 - 08:50 UTC

  Leading Brazilian private bank admits difficulties with loan default

  

  Itaú Unibanco Holding SA’s Chief Executive Candido Bracher said on Tuesday that next year he sees Brazil’s 90-day default ratio reaching higher levels than in a previous crisis.

• Tuesday, August 4th 2020 - 10:29 UTC

  Major assets' management fund drops JBS shares based on the Brazilian company environment record

  

  Nordea Asset Management has decided to exclude shares of JBS SA worth about 40 million Euros from all of its funds this month based on the company’s environmental record and response to the COVID-19 pandemic, according to a statement released on Tuesday.

• Tuesday, August 4th 2020 - 08:45 UTC

  Boris's launches Eat Out to Help Out program with diners at 50% discount

  

  People across Britain enjoyed half-price meals on Monday as the government launched its Eat Out to Help Out scheme aimed at driving up business in the shattered hospitality industry after months of coronavirus lockdown.