Investments

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.
Saturday, May 11th 2019 - 09:10 UTC
LATAM Airlines for second year running, “Best Global Airline in South America”

LATAM Airlines Group was named for the second year running as the ‘Best Global Airline in South America’ in the Passenger Experience Association of Airlines (APEX) Passenger Choice Awards in Los Angeles, California. LATAM was also recognized for the ‘Best Seat Comfort’, ‘Best Cabin Service’, ‘Best Entertainment’ and ‘Best Wi-Fi’ in South America.
Friday, May 10th 2019 - 09:53 UTC
Mike Zuckerberg has become far too powerful, Facebook has to be broken up, says the social media co-founder

One of the co-founders of Facebook called on Thursday for the social media behemoth to be broken up, warning that the company's head, Mark Zuckerberg, had become far too powerful.
Friday, May 10th 2019 - 09:11 UTC
Shell to invest US$ 2bn annually in Brazil until 2025

Shell plans to invest as much as US$2 billion annually in its Brazilian operations by 2025, Shell’s chief executive officer Ben van Beurden told Brazilian business daily Valor Economico in an exclusive interview published on Thursday.
Friday, May 10th 2019 - 06:00 UTC
US/China conclude first of two days of talks; Trump's tariff hike anticipated

Top US and Chinese trade negotiators concluded the first of two days of talks on Thursday to rescue a trade deal that is close to collapsing as Washington prepares to go ahead with plans to hike tariffs on hundreds of billions of dollars of goods imported from China.
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.