Investments

Monday, May 20th 2019 - 09:30 UTC
Boeing acknowledges flaws in its 737 MAX flight simulator software

Boeing acknowledged it had to correct flaws in its 737 MAX flight simulator software used to train pilots, after two deadly crashes involving the aircraft that killed 346 people.
Monday, May 20th 2019 - 09:20 UTC
Spanish hotel and travel services group plans to invest in Brazil

Spanish tourism and transportation company Grupo Globalia will launch a new air carrier in Brazil, Brazilian Infrastructure Minister Tarcísio Gomes de Freitas said in a message posted on Twitter this weekend.
Saturday, May 18th 2019 - 09:31 UTC
Argentina awards 18 offshore oil exploration areas; UK companies take 7 areas, some next to Falklands

Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the Buenos Aires province, the Austral basin and the Malvinas West basin, which neighbors with the Falkland Islands, the insular territory claimed by Argentina.
Saturday, May 18th 2019 - 08:17 UTC
Peru wants China to help finance a railway to the heart of South America

Peruvian President Martin Vizcarra told news agency Reuters on Friday that China could partner with Bolivia and Peru on a massive intercontinental railway project that Peru once dismissed as too costly when pitched by China nearly three years ago.
Friday, May 17th 2019 - 11:00 UTC
Premier Oil finances improving and so are Falklands' Sea Lion project prospects

Britain’s Premier Oil increased its 2019 production guidance on Thursday, saying output had been boosted by efficiency measures and a late sale from its now-divested Pakistan oil fields. The company said it now expects output to reach 75,000 to 80,000 barrels of oil equivalent per day (boed) this year, from up to 75,000 boed previously.
Friday, May 17th 2019 - 07:30 UTC
US Justice has requested Chile the arrest of arms and bombs manufacturer tycoon

For 26 years, Chilean business tycoon Carlos Cardoen has been unable to travel abroad for fear of arrest. Cardoen is accused of illegally importing the bomb-making element zirconium from the US, which added a potent incendiary effect to cluster bombs his company, Cardoen Industries, sold to Saddam Hussein's Iraqi regime in the 1980s and 1990s.
Thursday, May 16th 2019 - 14:58 UTC
Argentina does not recognize UK as a coastal state but will jointly address high seas catches in the South Atlantic

Foreign minister Jorge Faurie strongly denied in Congress on Wednesday that the Argentine government was ready to “handover” the disputed Malvinas Islands to the British, and likewise defended the current proximity policy of president Mauricio Macri administration towards the South Atlantic issue.
Tuesday, May 14th 2019 - 09:50 UTC
China announces higher tariffs on US produce; Trump expects to meet Xi in June in G20 summit

United States President Donald Trump said on Monday that he would meet Chinese president Xi Jinping next month as the trade war between the world's two largest economies intensified, sending shivers through global markets.
Tuesday, May 14th 2019 - 09:21 UTC
Ford assets in Brazil to be acquired by Chinese businesspeople

The founder of Brazilian automaker CAOA said on Monday he is negotiating with Chinese business executives to make a joint acquisition of a Ford Motor Co plant near Sao Paulo.
Saturday, May 11th 2019 - 09:58 UTC
Falkland Islands Wool Company attended the 88th Congress of the International Wool Textiles Organisation

Vikki Berntsen and Farrah Peck of The Falkland Islands Wool Company attended the 88th Congress of the International Wool Textiles Organisation (IWTO) last month, along with Adam Dawes of the Department of Agriculture, and Robert Hall of Falkland Wool Growers.