Investments

Monday, July 29th 2019 - 17:02 UTC
Cuba opens access to Wi-Fi but it's not cheap and demands users defend the “revolution in every domain”

All Cubans can now have Wi-Fi in their homes, as the island's government extends Internet access even while trying to maintain control over its version of the “truth” and to defend its legitimacy. “Cubans support and defend the revolution in every domain, both in the real and the virtual worlds,” Ernesto Rodriguez Hernandez, vice-minister of communications, said in an interview.
Wednesday, July 24th 2019 - 09:50 UTC
Argentine air force planning to purchase some ten South Korea's FA-50 fighter

The Argentine air force has selected South Korea’s FA-50 as its next fighter, Jane's reported this week. The decision is good news for a once-proud air arm that, in recent years, has precipitously declined in size and effectiveness. Argentine officials as early as 2016 had asked to evaluate the twin-seat, supersonic FA-50, Jane's reported.
Wednesday, July 24th 2019 - 07:00 UTC
Colombia shopping to replace ageing Israel built Kfir fighter jets

Colombia is examining proposals from the United States, Spain and Sweden as it look to replace its ageing military aircraft, the South American country's air force said on Tuesday.
Tuesday, July 23rd 2019 - 15:14 UTC
Finland's UPM will construct a second 2.1 million ton pulp mill in Uruguay

Finland's UPM on Tuesday made the investment decision to construct a 2,1 million ton eucalyptus pulp mill near Paso de los Toros in central Uruguay.
Monday, July 22nd 2019 - 09:49 UTC
Chinese investment in the US plummeted 88% since Trump took office

Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90% since President Donald Trump took office.
Saturday, July 20th 2019 - 07:14 UTC
Three astronauts will be honoring the 50th anniversary of Apollo 11 moon landing

US, Italian and Russian astronauts are set to blast off into space on Saturday in a launch coinciding with the 50th anniversary of the Apollo 11 moon landing. Alexander Skvortsov of the Russian space agency Roscosmos, NASA's Andrew Morgan and Luca Parmitano of the European Space Agency will travel to the International Space Station at 1628 GMT from the Baikonur Cosmodrome in Kazakhstan.
Friday, July 19th 2019 - 09:55 UTC
Loans from Russia and China to Venezuela will be renegotiated through the Paris Club, says Guaidó

Loans to Venezuela from President Nicolas Maduro's allies Russia and China would be renegotiated through the Paris Club if Maduro leaves power, an advisor to the opposition said, responding to concerns about favorable treatment for the two countries.
Friday, July 19th 2019 - 09:17 UTC
Controversial UK defense contract will cost taxpayers an extra GBP 10 million

Serco Group PLC said on Thursday it has settled with the UK Ministry of Defense after it initially took legal action against the government department for awarding a fire and rescue services contract to Capita PLC.
Thursday, July 18th 2019 - 10:22 UTC
Textile giant Alpargatas quits Argentina

Although founded in Argentina, textile giant Alpargatas, now owned by Brazilian investors, has announced it will leave its country of origin due to financial difficulties.
Thursday, July 18th 2019 - 08:29 UTC
Falklands' Sea Lion project boost after Premier announces a very positive half year financial result

Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to US$12 per barrel of oil equivalent (boe) from US$ 13 and expects debt reduction to reach the upper end of its US$ 250-350 million target by year-end.