Investments

Wednesday, February 12th 2020 - 08:40 UTC
Chinese company confident it will start its US$ 2,1 billion iron ore project in Brazil

Chinese mining company Sul Americana de Metais (SAM), a unit of China’s Honbridge Holdings, is confident it will receive the necessary permits to start up its US$ 2.1 billion iron ore project in Minas Gerais, its chief executive said.
Tuesday, February 11th 2020 - 08:10 UTC
Major companies pull out of world business fairs because of coronavirus risks

Sony and Amazon are the latest major companies to pull out of one of the world's largest tech shows because of risks posed by coronavirus. Sony said it would no longer take part in Mobile World Congress in Barcelona after “monitoring the evolving situation” after the coronavirus outbreak.
Monday, February 10th 2020 - 08:03 UTC
Chinese group takes control of major lithium project in Argentina

China’s Ganfeng Lithium Co said it will take control of an Argentina lithium project it has been developing with Lithium Americas Corp, cementing its control over a key source of the white metal for electric vehicle batteries.
Friday, February 7th 2020 - 09:51 UTC
“Falklands much closer to Brazil after the second flight”, UK ambassador

The British ambassador to Brazil, Vijay Rangarajan, this week said the second flight will bring the Falkland Islands closer to Brazil, describing it as a potential engine to help drive links between the two countries.
Wednesday, February 5th 2020 - 09:43 UTC
Argentina's Economy minister holds “very constructive” talks with IMF chief

Argentina’s Economy Minister Martin Guzman met the head of the International Monetary Fund Kristalina Georgieva for two-and-a-half hours on Tuesday to discuss the country’s economic emergency, the ministry said.
Wednesday, February 5th 2020 - 08:34 UTC
World Bank will revise global growth forecast because of coronavirus impact in China

The World Bank will revise its global growth forecast downwards due to the new coronavirus, the president of the multilateral lender said on Tuesday amid fears the epidemic in China will harm global supply chains.
Wednesday, February 5th 2020 - 06:49 UTC
US shale fields starting to plateau; investors looking to Guyana offshore fields

Shale pioneer John Hess said on Tuesday that key U.S. shale fields are starting to plateau, calling shale “important but not the next Saudi Arabia.”
Tuesday, February 4th 2020 - 07:17 UTC
Argentina receives first OPV of four purchased from France

On Wednesday the latest incorporation to the Argentine navy will be docking in Buenos Aires, the OPV ARA Bouchard. The Ocean Patrol Vessel is the first of four to be delivered by the Naval Group shipyard, purchased from France by Argentina, and which left Toulon two weeks ago.
Tuesday, February 4th 2020 - 07:12 UTC
LATAM leaves OneWorld and with Delta partnership has access to Skyteam

LATAM Airlines will leave the OneWorld alliance on May 1, 2020. The decision, announced on Friday, moves the airline’s departure from the alliance up by five months.
Tuesday, February 4th 2020 - 06:46 UTC
Brazil investing heavily in tourism industry; visa waiver for main outbound markets

The number of Americans booking flights to Brazil has jumped 39% since the government of President Jair Bolsonaro waived a visa requirement for U.S. citizens in June, according to its official tourism agency, which is devising plans to draw more.