Investments

• 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.

• 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.