Investments

Thursday, December 27th 2018 - 09:20 UTC
Brazil opens 100% ownership of Brazilian airlines to foreign investors

Outgoing President Michel Temer issued an executive order that allows foreign groups to own 100% of a Brazilian airline. Previously, non-Brazilians were limited to 20% of shares. The decision occurs in the midst of a bankruptcy proceeding filed by Avianca Brasil.
Wednesday, December 19th 2018 - 08:46 UTC
Falklands promotes private investment in house building development

The Falkland Islands Government announced on Tuesday that terms have been agreed, subject to contract and planning, for the sale of a 15.2 acre site to Argos Developments Ltd. with the purpose of encouraging private investment in house building.
Saturday, December 15th 2018 - 08:49 UTC
Apple pledges to build a “Silicon Valley” in Texas: US$ 1bn investment

Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a one-billion-dollar investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it in the state's capital biggest private employer.
Friday, December 14th 2018 - 09:05 UTC
US confirms China's first purchase of soybeans since the start of the trade war

The United States government officials on Thursday hailed China's first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come.
Wednesday, December 12th 2018 - 18:32 UTC
Money markets bet Theresa May will win the confidence vote

The pound has risen amid speculation that Prime Minister Theresa May will win the vote of confidence in her leadership on Wednesday evening. The currency is trading 1.4% higher against the dollar at $1.2660 and 0.9% higher against the euro at €1.1132.
Wednesday, December 12th 2018 - 10:15 UTC
Falklands people have decided to name Extra Care Facility, “Tussac House”

The Falkland Islands Government has announced that following an extensive public engagement process the name of the new Extra Care Facility in Stanley will be ‘Tussac House’.
Wednesday, December 12th 2018 - 06:37 UTC
Mexico to invest US$ 30bn in the “Central American conundrum” and improve migration relations with US

Mexico will invest more than US$ 30 billion in its poor southern states over the next five years, the foreign minister said, boosting the region economically as part of efforts to curb migration. Under pressure from the United States, Mexico is grappling to halt the northward flow of migrants fleeing violence and poverty in Central America.
Tuesday, December 11th 2018 - 09:24 UTC
Russian helicopter maintenance hangar opened in Peru

Russian-made Mil Mi helicopters can now undergo maintenance and repairs in Lima, Peru, after facilities to carry out those tasks were opened Monday within a local Air Force compound, it was announced.
Tuesday, December 11th 2018 - 08:19 UTC
Embraer-Boeing deal clears provisional injunction, but now depends on Bolsonaro's administration

A Brazilian federal court has overturned a provisional injunction that blocked a proposed tie-up between plane makers Embraer and Boeing, Embraer said on Monday in a securities filing. Brazil's Embraer announced in July its intention to sell 80% of its commercial aviation business to Chicago-based Boeing for US$ 3.8 billion. Embraer has said the deal is crucial for its survival.
Monday, December 10th 2018 - 05:51 UTC
US/China trade negotiations have a deadline: March first, says Lighthizer

U.S.-China trade negotiations need to reach a successful end by March 1 or new tariffs will be imposed, U.S. Trade Representative Robert Lighthizer said on Sunday, clarifying there is a “hard deadline” after a week of seeming confusion among President Donald Trump and his advisers.