Investments

• Monday, April 13th 2020 - 10:20 UTC

  LATAM suspends all international flights until May

  

  Latin America's biggest airline, the Brazilian-Chilean group LATAM, is suspending all international flights until May because of the coronavirus pandemic.

• Monday, April 13th 2020 - 08:30 UTC

  Falklands Mount Pleasant Airport main runway has been resurfaced

  

  The full main runway at the Falkland Islands Mount Pleasant Airport has re-opened after the completion of resurfacing works covering 3,000 meters, the British Forces South Atlantic Islands, BFSAI, command announced this week.

• Friday, April 10th 2020 - 14:50 UTC

  US Fed and Bank of England ramp up emergency responses to the escalating recession in unchartered waters

  

  The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world's escalating coronavirus recession on Thursday as they pushed deeper into territory once considered fraught with risk for central bankers.

• Tuesday, April 7th 2020 - 09:00 UTC

  Falkland Islands signs contract for new port in Stanley harbor

  

  The Falkland Islands Government announced on Monday that it has completed and signed a contract with BAM Nuttall for the design and build of a new port in Stanley Harbor.

• Thursday, April 2nd 2020 - 07:51 UTC

  Carnival Cruises raises US$ 6,25bn in new debt and equity but at very high cost

  

  Carnival Corp, the world's largest cruise operator, said it has raised US$6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic.

• Tuesday, March 31st 2020 - 12:58 UTC

  Foreign debt must wait: “the pandemic and Argentines' health are priorities”

  

  Honoring foreign debt will have to wait because given the coronavirus pandemic priority is now the health of the Argentines, said president Alberto Fernandez on Monday, adding he would not let local companies fire o declare workers redundant.

• Tuesday, March 31st 2020 - 12:45 UTC

  Argentina expected to make a symbolic US$ 225 million interest payment

  

  Argentina will layout “guideposts” this week for a restructuring of its nearly US$70 billion in foreign debt, but the country is not yet ready to make a formal proposal to creditors, according to political sources in Buenos Aires.

• Tuesday, March 31st 2020 - 07:20 UTC

  Morrison Falklands acquired by the Irish group RSK

  

  RSK, an integrated environmental, engineering and technical services business, has acquired construction company Morrison Falklands Ltd (now trading as RSK Falkland Islands) and consulting engineering practice Nicholas O’Dwyer, according to reports in the Irish media.

• Friday, March 27th 2020 - 08:51 UTC

  Britain has ordered 10.000 ventilators from vacuum cleaner company Dyson

  

  Britain has placed an emergency order of 10,000 ventilators designed at breakneck speed by bag-less vacuum cleaner company Dyson, the first fruits of an industry-wide call to arms to prepare for the looming peak of the coronavirus outbreak.

• Thursday, March 26th 2020 - 18:53 UTC

  IATA: Airlines need $US200 billion in liquidity to face “apocalypse”

  

  As passenger demand evaporated around the world due to the COVID-19 pandemic, the International Air Transport Association (IATA) has warned airlines are fighting for survival. The airline association stated that airlines need $US200 billion in liquidity support as they face “apocalypse now.”