Investments

• Saturday, August 17th 2019 - 07:00 UTC

  Trump reveals “productive” trade talks with Beijing and anticipates a “fairly short war”

  

  US President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over US$125 billion worth of Chinese imports taking effect Sept 1.

• Saturday, August 17th 2019 - 06:47 UTC

  Bolsonaro administration has privatized some US$ 20bn of assets

  

  Brazil has privatized nearly US$ 20bn of assets and investments since the election of right-wing president Jair Bolsonaro, according to a government minister. Secretary of state for privatization, divestment and markets Salim Mattar announced that the government’s sweeping program of privatization was going as planned.

• Thursday, August 15th 2019 - 16:37 UTC

  Embraer is awarded Brazilian certification for the Praetor 500

  

  Embraer has announced that the company’s new Praetor 500 midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil), having been announced in October 2018 at NBAA-BACE.

• Thursday, August 15th 2019 - 05:30 UTC

  Macri announces measures to cut taxes and prop consumption hopefully to brighten Argentine pockets

  

  Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not halt the peso currency's collapse.

• Thursday, August 15th 2019 - 05:14 UTC

  Falklands/UK airbridge will continue via Cape Verde; Ascension runway may not be repaired until 2022

  

  The contract to repair the 3,000-meter runway at RAF Ascension Island has yet to be awarded, and work may not be complete until 2022. It has been partially closed since April 2017. This means the Falkland Islands/Brize Norton airbridge will continue to operate through Cape Verde.

• Wednesday, August 14th 2019 - 18:17 UTC

  Brazil's mining industry given more time to close dangerous tailings dams

  

  Brazil’s mining regulator on Monday extended the deadlines by up to four years for the closing of many dangerous mine tailings dams like the one that collapsed in January at a Vale SA facility, killing more than 240 people.

• Wednesday, August 14th 2019 - 08:40 UTC

  Regulator opens Rio/Sao Paulo air bridge to third carrier, Azul

  

  Brazil’s No. 3 airline, Azul SA, said on Monday it would start operating 17 flights per day between Sao Paulo and Rio de Janeiro, the country’s most transited route, currently dominated by the country’s No. 1 and 2 carriers.

• Saturday, August 10th 2019 - 07:18 UTC

  China's Huawei expanding investment plans in Brazil: new plant in Sao Paulo

  

  Huawei Technologies Co Ltd plans to build a US$800 million plant in Brazil's Sao Paulo state over the next three years, the governor said, as the Chinese telecom giant ramps up its presence in Latin America despite U.S. objections.

• Friday, August 9th 2019 - 08:34 UTC

  FedEx and Amazon break up small package ground deliveries contract

  

  FedEx Corp confirmed on Wednesday it would terminate its contract with Amazon.com Inc for small-package ground deliveries, as the online retailer focuses on building out its own delivery network.

• Thursday, August 8th 2019 - 20:50 UTC

  Falklands' Mare Harbour Ro-Ro facility upgraded for Point Class vessels

  

  UK/Dutch VolkerStevin was contracted for the of upgrading Mare Harbour in the Falkland Islands, a job which was completed six weeks ahead of schedule and within budget. The improvements to the roll on roll off jetty were part of a £19m contract with VolkerStevin for design and construction.