Investments

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.
Tuesday, July 16th 2019 - 21:42 UTC
Enigma code breaking genius chosen to be on new £50 English banknotes

Alan Turing was preferred over Stephen Hawking and Margaret Thatcher to feature on the highest-denomination bills in the country. The Bank of England has selected the face of the computer science genius whose most famous breakthrough proved decisive in the outcome of World War II against Germany to appear in the new £50 note (around 62 US dollars) due to enter circulation by the end of 2021.
Tuesday, July 16th 2019 - 10:51 UTC
US qualifies Uruguay as a safe country to invest but warns about union power

A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security.
Monday, July 15th 2019 - 22:24 UTC
Chinese-built trains help renew Cuba's obsolete railways

For the first time since the 1970s, Cuba has new trains rolling on the island after the first train made up entirely of Chinese cars left Havana Friday on a 14-hour, 835-km journey to Santiago de Cuba, the second-largest city on the island.
Thursday, July 11th 2019 - 19:39 UTC
Cooperation agreement between Argentina, Japan launched

Japan's International Cooperation Agency (JICA) Wednesday launched its “One Village, One Product” (OVOP) project in Argentina, which is designed to encourage social development in the provinces of Catamarca, Misiones, Chaco, Salta and Buenos Aires, it was announced.
Thursday, July 11th 2019 - 14:10 UTC
Mariachis play as last Volkswagen Beetle ever rolls off Puebla assembly line

Carmakers Volkswagen hosted a ceremony in Puebla, Mexico, Wednesday to mark the discontinuation of the famed Beetle or Bug model as the last unit ever rolled off the assembly line to a mariachi band and surrounded by proud factory workers, the company announced.