Argentina’s government of Alberto Fernandez is seeking to push through legislation to help solve a mounting debt crisis as the country struggles to make repayments to global creditors.
Argentina is considering the updating and redesign of port infrastructure in Buenos Aires to help improve docking facilities for cruise vessels. The announcement was done by Transport minister Mario Meoni given the growing number of tourists arriving at the Argentine capital.
Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday.
Argentine President Alberto Fernandez will send a bill to Congress to attract investment for the production of conventional and unconventional hydrocarbons, a spokesman for the Production Development ministry said.
As Google-parent Alphabet became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
Brazil Wednesday reopened its scientific Comandante Ferraz base in Antarctica, which had been destroyed in a fire in 2012. In the incident two soldiers died and more than two thirds of the facilities were destroyed.
At least three Chinese automakers are preparing to produce vehicles in Mexico or expand existing operations, the Mexican ambassador to China earlier this week, in what would be a boost to one of the Latin American country’s top export industries.
Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly five percent, the retailer said on Wednesday.
Rockhopper Exploration PLC on Tuesday said it has signed a milestone farm-in deal at the Sea Lion project in the Falkland Islands. Rockhopper shares were 30% higher in early trade in London at a price of 19.44 pence each. Premier was 13% higher at 114.62p.
Brazilian petrochemical producer Braskem SA has agreed to a 2.7 billion reais (US$ 667 million) settlement with federal and state authorities in the northeastern state of Alagoas to cover damage caused by a salt mining project there.