Investments

• Friday, October 25th 2019 - 09:55 UTC

  Falklands oil industry has three planned and announced three FPSOs

  

  South America, including the Falkland Islands, has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects. This is followed by Africa, Asia and Europe with a respective 15, eight and seven FPSOs, says GlobalData, a leading data and analytics company.

• Thursday, October 24th 2019 - 18:40 UTC

  Is Google's Sycamore machine a breakthrough to ”quantum supremacy”?

  

  Scientists claimed on Wednesday to have achieved a near-mythical state of computing in which a new generation of machines vastly outperforms the world's fastest super-computer, known as “quantum supremacy”.

• Tuesday, October 22nd 2019 - 09:20 UTC

  Trump claims being president has cost him several billions if he had kept to his businesses

  

  US President Donald Trump said on Monday that being president has cost him between US$2 billion and US$5 billion that he would have made if he had continued running his business instead of getting into politics, a claim unsupported by evidence.

• Friday, October 18th 2019 - 17:41 UTC

  Thousands of Spanish jobs depend on the Falkland Islands fishery

  

  The close links between the Falkland Islands and the Galician fishing and shipbuilding industries were outlined by James Bates, Executive Secretary of the Falkland Islands Fishing Companies Association, (FIFCA), who recently attended the Conxemar 2019, in Vigo, Galicia, the largest frozen seafood exhibition in Europe after Brussels.

• Thursday, October 17th 2019 - 09:55 UTC

  Brexit concerns blowing gale across nervous Falklands

  

  The following piece on the Falklands and Brexit was distributed by the French news agency, AFP, both in English and Spanish. - It may be a remote archipelago 13,000km from mainland Britain but the Falkland Islands' incredible biodiversity, as well as fishing and meat exports, are under threat from Brexit.

• Wednesday, October 16th 2019 - 08:41 UTC

  First China built icebreaker begins its maiden voyage to Antarctica

  

  China's first domestically built polar icebreaker Xuelong 2, or Snow Dragon 2, will start its maiden voyage to the Antarctic from the southern Chinese city of Shenzhen this week.

• Wednesday, October 16th 2019 - 07:51 UTC

  Fitch Ratings has LATAM sovereigns on the watch list

  

  One in four Fitch-rated corporates in Latin America is exposed to either a one-notch sovereign or country ceiling downgrade, while ratings for nearly one-third of issuers are vulnerable to a two-notch downgrade, according to the latest from Fitch Ratings.

• Wednesday, October 16th 2019 - 07:27 UTC

  Brazil eyes a US$1.45 billion payday as big oil flocks to pre-salt

  

  Brazil expects to pocket some US$ 1.45 billion from the sixth round of oil and gas block licensing for the pre-salt zone offshore. Reuters reports, citing the special secretary to the Economy Ministry, Waldery Rodriguez, that the total minimum sum of signing bonuses for all the blocks that will be tendered on November 7th is US$ 1.9 billion.

• Monday, October 14th 2019 - 16:49 UTC

  Falklands oil industry warned by the Argentine government

  

  The recent announcements by Rockhopper PLC and Premier Oil referred to the development of the Sea Lion project in the Falkland Islands, have triggered a reaction from the Argentine foreign ministry.

• Saturday, October 12th 2019 - 10:10 UTC

  Several airlines extend cancellations of Boeing 737 MAX flights until January

  

  United Airlines Holdings Inc said on Friday it is extending cancellations of Boeing 737 MAX flights until Jan. 6, as regulators continue to extensively review proposed software changes to the grounded plane.