Investments

Thursday, November 29th 2018 - 07:08 UTC
Norwegian Air plans to break British Airways London/Rio do Janeiro “monopoly”

Budget carrier Norwegian Air plans to start flights between London and Rio de Janeiro in March to break what it said was a “monopoly” enjoyed by British Airways between the two cities.
Wednesday, November 21st 2018 - 17:49 UTC
Aluminum producer Aluar profits 54% up thanks to devaluation of Argentine peso

The aluminum producer Aluar will distribute dividends among its shareholders for $ 2,884 billion (79.71 million US dollars) as a result of an increase in semiannual profits of 54.5%, the company reported to Argentina's stock exchange regulator Comisión Nacional de Valores (CNV), which was due mainly to the peso devaluation.
Monday, November 19th 2018 - 08:16 UTC
UK promoting trade and investment in Brazil and Chile

British Chief Secretary to the Treasury, Elizabeth Truss visits Latin America to build relationships with Brazil and Chile. Ms Truss visited Brasília, São Paulo and Santiago for bilateral meetings with ministers and will follow-up on the second UK/Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure.
Friday, November 9th 2018 - 08:30 UTC
Falkland Islands could have a new port in the next two years

The Falkland Islands could have a new port within the next two years. Three consortia have presented proposals to the Falkland Islands Government (FIG) for a new port confirmed Legislative Assembly Member Dr Barry Elsby in recent weeks.
Friday, November 9th 2018 - 07:29 UTC
Argentina launches off-shore bidding in the Austral and Malvinas regions

Argentina has launched its first offshore bidding round in nearly three decades. The country's energy secretariat published details regarding bidding terms and conditions for public bidding for exploration licenses.
Friday, November 9th 2018 - 07:15 UTC
Carnival in strategic alliance to promote the cruise industry for Chinese tourists

Carnival Corporation & plc, the world’s largest leisure travel company, today announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise guests by the end of 2019.
Friday, November 9th 2018 - 01:09 UTC
Flybondi to cross the border in December with Asunción, Punta del Este services

Argentine budget airline Flybondi will go international starting December 17 with a flight between El Palomar in the Greater Buenos Aires area and the Paraguayan capital Asunción. Three days later it will commence serving Punta del Este from El Palomar and also from Córdoba.
Thursday, November 8th 2018 - 11:54 UTC
Brazil president elect backtracks on China, Israel, and insists with the pensions' reform

Brazil president-elect Jair Bolsonaro backtracked on some of his more controversial pledges promising to expand trade with China and rethink the idea of moving the country’s embassy in Israel to Jerusalem. Bolsonaro is currently in Brasilia for various meetings with senior officials and transition arrangements.
Thursday, November 8th 2018 - 07:24 UTC
US confirms “anti dumping” duties on Chinese aluminum products

The U.S. Commerce Department on Wednesday said it would impose final anti-dumping and anti-subsidy duties on Chinese common alloy aluminum sheet products of 96.3% to 176.2%. The decision marks the first time that final duties were issued in a trade remedy case initiated by the U.S. government since 1985.
Wednesday, November 7th 2018 - 18:37 UTC
Sino-Chilean consortium ready to move forward with new port in Corral

A Sino-Chilean consortium is awaiting clearance to bring its project for a new port in the Corral area before the Environmental Impact Assessment System authorities in the South American country, a firm executive announced Wednesday.