Investments

• Thursday, May 9th 2019 - 07:29 UTC

  Brazilian congress begins to discuss pensions' reform; investors and markets apprehensive

  

  Brazil’s pension reform proposal returns to the congressional spotlight with a committee of lower house lawmakers opening its analysis of the government’s bill just as the outlook for the economy is deteriorating rapidly.

• Wednesday, May 8th 2019 - 12:54 UTC

  IMF mission arrives in Argentina: Central bank policy, inflation and revenue in the agenda

  

  A new IMF mission is expected in Argentina this e Wednesday for the fourth review of the country's economic plan which is supported by a 36 month stand-by credit from the multilateral financial institution. It's the first IMF visit since Argentina's Central Bank major strategy change in the foreign exchange market to avoid another meltdown of the Argentine currency.

• Tuesday, May 7th 2019 - 09:09 UTC

  Another Brazilian bank expands into the US to keep competing with rivals

  

  Brazil's Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately US$ 500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.

• Monday, May 6th 2019 - 09:26 UTC

  Boeing facing more discrepancies over safety alert mechanisms in the 737 MAX

  

  Boeing Co did not tell US regulators for more than a year that it inadvertently made an alarm alerting pilots to a mismatch of flight data optional on the 737 Max, instead of standard as on earlier 737s, but insisted on Sunday the missing display represented no safety risk.

• Monday, May 6th 2019 - 08:57 UTC

  The US “Sage of Omaha” wants to invest in the UK despite Brexit uncertainty

  

  Warren Buffett has said he wants to invest more in the UK and other parts of Europe, despite uncertainty over the UK's future relationship with the EU. The US investment guru said he would like his firm, Berkshire Hathaway, to be better known across the Atlantic.

• Monday, May 6th 2019 - 08:37 UTC

  SAS back in the air after company reaches salary agreement with pilots

  

  Scandinavian Airlines, SAS, and their pilots reached an agreement. Frequent travellers in Northern Europe are pleased to see the seven days walkout ended. The seven-day walkout saw more than two out of every three departures cancelled. 

• Friday, May 3rd 2019 - 09:55 UTC

  “Falklands must be proud of their healthy and vibrant democracy”, says BFSAI commander

  

  Penguin News caught up with the Commander of British Forces for the South Atlantic Islands, Brigadier Nick Sawyer stationed in the Falkland Islands.

• Friday, May 3rd 2019 - 09:00 UTC

  Huawei launches its Smartphone line in Brazil targeting the premium segment

  

  China’s Huawei Technologies Co Ltd launched two high-end smartphone handsets in Brazil, making its second attempt to penetrate the world’s fourth-largest smartphone market, broadening its footprint in Latin America.

• Friday, May 3rd 2019 - 08:21 UTC

  Proposals for a world class whisky tourist attraction in Edinburgh at the former House of Fraser

  

  Proposals to open a “world-class” whisky tourist destination in one of Edinburgh's most prominent empty buildings is set to go ahead. Drinks giant Diageo's plans for the former House of Fraser building at the west end of Princes Street are expected to be passed next week. They have been recommended for approval by council planning officers.

• Friday, May 3rd 2019 - 08:17 UTC

  UK business spending on sports sponsorship to reach £35bn globally in 2019

  

  Business spending on sports sponsorship is set to grow by 4% to £35bn globally in 2019, according to a new report. But rights-holders, such as leagues, teams or tournaments, are under-exploiting sponsorship deals, according to research from agency Two Circles.