Investments

Tuesday, January 22nd 2019 - 10:13 UTC
Brazil plans to privatize airports and railways; Chinese investment would be “well received”

Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure.
Saturday, January 19th 2019 - 09:18 UTC
Argentina/China companies link up to launch satellites for an Earth-observation constellation

An international space venture called Satellogic says it will have 90 satellites launched by a Chinese company to create an Earth-observing constellation. The first launch by the China Great Wall Industry Corp. under the newly announced deal, scheduled for later this year, will deliver 13 satellites to low Earth orbit on China’s Long March 6 rocket, Satellogic announced in a news release.
Saturday, January 19th 2019 - 08:39 UTC
The Times and Sunday Times want to share resources, to build a sustainable future for Times' journalism

Rupert Murdoch newspapers The Times and the Sunday Times are asking the government for permission to share resources, including journalists, between the two titles. The application to the Department for Digital, Culture, Media and Sport (DCMS) is necessary as legal undertakings were made to keep them separate when he bought them in 1981.
Friday, January 18th 2019 - 09:39 UTC
China moves in after Hitachi and Toshiba abandon nuclear plants' plans in UK

China’s General Nuclear Power Corporation (CGN) will bring forward plans to build a nuclear plant in Britain, it said on Thursday, helping plug a gap left by the failure of two Japanese projects.
Thursday, January 17th 2019 - 10:10 UTC
Petrobras allowed to sell 90% stake in gas pipeline unit, estimated at US$ 7bn

Brazil’s solicitor general has overturned one injunction that prevented state-controlled oil company Petrobras from proceeding with one of its largest divestitures, the government said in a statement.
Tuesday, January 15th 2019 - 06:25 UTC
Falkland Islands strengthens its air service with new aircraft and avionics

The Falkland Islands government air service, FIGAS, has incorporated on lease a Britten-Norman Islander aircraft for the inter-islands air service during the current summer season. Likewise another new aircraft has been ordered, scheduled to be delivered next July, as well as four new engines for the FIGAS fleet of Briten-Norman Islanders.
Monday, January 14th 2019 - 09:03 UTC
Japanese firm prepared to halt construction of a £20bn nuclear reactor in Wales

The UK government's nuclear policy is under renewed scrutiny as the firm behind a £20bn reactor in Wales looks set to halt construction. Japanese media reports say Hitachi will suspend on its Horizon division's Wylfa Newydd plant this week. The company says no formal decision has yet been made.
Monday, January 14th 2019 - 06:40 UTC
Premier record oil production helps significant cuts in its debts

Premier Oil has taken advantage of its second consecutive year of record oil production to make larger than expected cuts into its still-significant debts. The London-listed oil and gas developer, with interests in the Falkland Islands, expects its financial results to reveal end-of-year debts of US$2.3 billion, after removing US$390 million from the total following a sharp rise in oil output.
Friday, January 11th 2019 - 12:24 UTC
Embraer/Boeing marriage receives the blessing from Brazil's government

The Brazilian government on Thursday said it would allow a proposed tie-up between plane makers Embraer SA and Boeing Co to go forward, capping weeks of uncertainty in which President Jair Bolsonaro expressed his hesitation.
Friday, January 11th 2019 - 08:29 UTC
New York iconic Chrysler Building on sale, but it may not be easy

The owners of the Chrysler Building in New York are planning to sell the skyscraper, according news reports. But this may not be easy, since this symbol of Manhattan was built back in 1930.