Investments

• 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.

• Saturday, September 7th 2019 - 09:10 UTC

  Ivanka Trump in Paraguay commits funds for women empowerment

  

  Ivanka Trump met with Paraguayan President Mario Abdo Benítez and female artisans on Friday as part of her tour of South America, announcing the commitment of an additional US$ 500 million for a fund to help women entrepreneurs in the region.

• Friday, September 6th 2019 - 09:53 UTC

  Major oil companies billions in investments incompatible with Paris climate accord, claims energy think-tank

  

  Major oil companies have approved US$50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report published on Friday.

• Friday, September 6th 2019 - 08:56 UTC

  During Ivanka Trump's visit to Argentina, US announces US$ 400 million investment

  

  The United States has approved a US$400 million highway investment in Argentina as President Donald Trump's eldest daughter Ivanka Trump visits the country on a wider tour of the region.