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MercoPress, en Español

Montevideo, April 18th 2026 - 22:20 UTC

Investments

  • Friday, March 29th 2019 - 09:04 UTC

    Princess Cruises contracts construction of two next generation 175.000-ton ships

    The vessels will each accommodate some 4,300 guests and will be the first Princess Cruises ships to be dual-fuel powered primarily by Liquefied Natural Gas (LNG)

    Princess Cruises and Fincantieri announced on Thursday the signing of the final contracts for the construction of two next-generation 175,000-ton cruise ships, which will be the largest ships ever built so far in Italy, with deliveries scheduled in Monfalcone in late 2023 and in March 2025. This announcement follows the initial signing of a memorandum of agreement between the two parties in July 2018.

  • Thursday, March 28th 2019 - 09:15 UTC

    Falklands' fleet will incorporate state of the art trawler in 2021

    Stewart Wallace (right) in representation of Fortuna Ltd during the contract ceremony at the Nodosa yard offices

    The Falkland Islands will add to its registered fleet a state of the art trawler which should be operational by 2021 belonging to a local joint venture company, Petrel Fishing Company Ltd. In early 2019, the Board of Fortuna Ltd approved the construction of a new trawler to join their current fleet of five trawlers. The vessel will be owned and operated by Fortuna Joint Venture Company - “Petrel Fishing Company Ltd”.

  • Thursday, March 28th 2019 - 08:27 UTC

    Boeing says it has made changes to the control systems linked to fatal crashes

    As part of the upgrade, Boeing will install as a standard a warning system, which was previously an optional safety feature.

    Boeing has issued changes to controversial control systems linked to two fatal crashes of its 737 Max planes in the last five months. But it's still not certain when the planes, that were grounded worldwide this month, will be allowed to fly. Investigators have not yet determined the cause of the accidents.

  • Wednesday, March 27th 2019 - 08:47 UTC

    China orders 300 jets from Airbus during Xi's visit to Paris

    The order is part of a package of deals signed during Mr Xi's visit to Europe. It comes as rival Boeing has grounded all of its 737 Max jets after two fatal crashes.

    Airbus has secured an order from China for 300 jets, in a deal estimated to be worth tens of billions of dollars. An agreement to purchase A320 and A350 XWB aircraft was signed during a visit by Chinese President Xi Jinping to Paris.

  • Tuesday, March 26th 2019 - 08:40 UTC

    Land Rover beats Chinese auto industry copies in Beijing court

    Land Rover sued Jiangling Motor Corporation over its Landwind X7 sport utility vehicle, which has an extremely similar resemblance to the Range Rover Evoque

    Jaguar Land Rover has won a legal case to prevent a Chinese car brand from selling a copycat vehicle, ending a three-year court battle. In 2016 the UK-based carmaker sued Jiangling Motor Corporation over its Landwind X7 sport utility vehicle, which the company claimed bore an extremely similar resemblance to the Range Rover Evoque.

  • Sunday, March 24th 2019 - 08:15 UTC

    Italy joins China's Silk Road project: Europe Union, Nato and G7 rattled

    A total of 29 deals amounting to €2.5bn were signed during Chinese President Xi Jinping's visit to Rome.

    Italy has become the first developed economy to sign up to China's global investment program which has raised concerns among Italy's Western allies. A total of 29 deals amounting to €2.5bn were signed during Chinese President Xi Jinping's visit to Rome.

  • Saturday, March 23rd 2019 - 08:45 UTC

    Italy establishing closer links with China, plans to sign Silk Road project

    Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative

    Chinese President Xi Jinping arrived in Rome at the start of a whistle stop European tour amid growing Western unease over the economic giant's new Silk Road project. Prime Minister Giuseppe Conte is to sign a memorandum of understanding with Mr. Xi on Saturday for Italy to join the US$1 trillion Belt and Road Initiative, the first G7 member to do so.

  • Thursday, March 21st 2019 - 09:52 UTC

    GM announces US$ 2.5bn investment in Brazilian car industry

    Last November, GM said it would slash thousands of jobs around the world and would close two unspecified plants outside of North America by the end of 2019.

    General Motors Co said it would invest US$ 2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker’s operations, a decision hailed by the governor of Brazil’s largest state.

  • Wednesday, March 20th 2019 - 21:55 UTC

    Falklands launches procurement process and issues tender for a new port facility

    Falklands Interim Port and Storage System, FIPASS, to the east of Stanley. (Pic MercoPress)

    The Falkland Islands Executive Council on Wednesday approved a formal procurement process to issue an Invitation to Tender (ITT) to the global construction market to select and appoint a preferred development partner for the design, construction and potentially the operation of a new port facility. The tender will also invite bidders to submit funding options.

  • Tuesday, March 19th 2019 - 08:30 UTC

    Danish Royals visit Argentina with a delegation to promete business and trade

    President Macri received Queen Margrethe II at the Presidential Palace, Casa Rosada

    Denmark's Queen Margrethe II and Crown Prince Frederik are spearheading an official state visit to Argentina which started this Monday ahead of a larger business delegation which seeks to make inroads in the country.