Investments

Friday, September 27th 2019 - 09:49 UTC
Polar ship RRS Attenborough, a floating science lab prepares to address the climate change

UK's new £200m polar research ship has officially been named the “Sir David Attenborough” after the famous BBC broadcaster and naturalist. A bottle of champagne was smashed against the hull of the vessel by the Duchess of Cambridge.
Friday, September 27th 2019 - 09:02 UTC
Delta Air Lines buys a 20% stake in LATAM Group for US$ 1.9bn

Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for US$1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.
Tuesday, September 24th 2019 - 09:53 UTC
Argentine biggest bondholders to meet with Treasury Secretary Lacunza

A group of Argentina’s biggest bondholders will meet with the country’s treasury minister in New York this Monday to hear how Latin America’s third-largest economy plans to dig itself out of its latest debt crisis.
Tuesday, September 24th 2019 - 09:40 UTC
Argos Resources looking new partners to participate in Falklands oil industry

Argos Resources Ltd on Monday swung to an interim loss and said it is adequately financed for the next 12 months as it continues to receive quarterly cash payments from two companies that withdrew from a production license offshore the Falkland Islands.
Tuesday, September 24th 2019 - 07:32 UTC
Trump increases pressure on China to buy farm products

U.S. President Donald Trump on Monday questioned a decision by his top trade negotiators to ask Chinese officials to delay a planned trip to U.S. farming regions after trade talks last week, saying he wanted China to buy more American farm products.
Thursday, September 19th 2019 - 10:12 UTC
Uruguay avoids recession, but the economy is stagnant

The Central Bank of Uruguay (BCU) released the report of the country's quarterly economic situation, which reports that the Uruguayan economy grew by only 0.1% year-on-year and 0.3% in the second quarter of the year, compared to the first three months of the year, when it registered a 0.1% drop.
Wednesday, September 18th 2019 - 20:57 UTC
Angry Embraer workers threaten to go on strike in Brazil

Unions representing workers at Brazil's aircraft factory Embraer are ready to go on strike indefinitely strike as salary bargaining seems to be deadlocked. The measure could start as early as next Monday, sources at the company's commercial aircraft plant in São José dos Campos confirmed on Wednesday.
Tuesday, September 17th 2019 - 09:41 UTC
Chinese mining group plans to build an US$ 2.2bn complex in Brazil

The Brazilian state of Minas Gerais has signed a protocol of intent with Sul Americana de Metais, a unit of Chinese miner Honbridge Holdings, for the construction of a 9.1 billion reais (US$ 2.2 billion) mining complex, newspaper O Estado de Sao Paulo reported.
Friday, September 13th 2019 - 07:07 UTC
UK names preferred bidder for Type 31 frigates: first one should be delivered in 2023

The race to design and build a new generation of Royal Navy frigates has been won by engineering firm Babcock. It has been named preferred bidder for the £1.25bn contract for five Type 31 warships. The deal secures hundreds of jobs at Rosyth in Fife, where the ships will be assembled, with construction work expected to be spread between yards across the UK.
Saturday, September 7th 2019 - 09:25 UTC
Argentina and Brazil sign auto industry increased integration agreement

Brazil and Argentina renewed their auto trade agreement on Friday, allowing increased Brazilian exports to its neighbor through 2029 but postponing free trade in motor vehicles between the countries for the next decade.