Investments

Tuesday, June 4th 2019 - 09:51 UTC
New wharf for South Georgia: extra berth for polar vessel RRS Sir David Attenborough

An £8.15 million contract to build a new wharf at the remote Sub-Antarctic island of South Georgia is awarded to BAM Nuttall this week. The contract is part of a major investment programme to modernize the UK’s Antarctic infrastructure.
Thursday, May 30th 2019 - 09:33 UTC
Boeing CEO pledges tailored compensation to airlines for the 737MAX grounding

Boeing will tailor its compensation to airlines for the 737 MAX grounding around customer preference, and they could be paid back in services instead of cash, Chief Executive Dennis Muilenburg said on Wednesday.
Monday, May 27th 2019 - 12:52 UTC
Fiat-Chrysler partnership with Renault / Nissan more than just rumours

A merger between automotive giants Renault and Fiat-Chrysler could be announced any minute since talks are gaining momentum, sources within the industry hinted Sunday.
Friday, May 24th 2019 - 20:42 UTC
Xi Jinping praises Sino-Brazilian partnership

Chinese President Xi Jinping Friday highlighted Brazil's commitment to developing the comprehensive strategic partnership between the two countries as he met with the South American country's Vice President Hamilton Mourao at the Great Hall of the People in Beijing to bolster binational ties.
Tuesday, May 21st 2019 - 09:57 UTC
Argentine business delegation to UK after trade and investment opportunities

A delegation of Argentine officials and businesspeople is travelling to the UK to strengthen trade and investment relations as part of efforts from the private sector, Argentine-British Chamber of Commerce, (ABCC), and both countries governments to promote closer economic and financial ties.
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.