Investments

• Thursday, February 7th 2019 - 07:44 UTC

  Bank Of America: Oil Demand Growth To Hit Zero Within A Decade

  

  By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead. By 2024, demand growth halves, falling to just 0.6 million barrels per day (mb/d), down from 1.2 mb/d this year.

• Wednesday, February 6th 2019 - 09:59 UTC

  Falklands approves funding for a new aircraft to meet local demand

  

  The Falkland Islands Government Air Service has received funding approval from the Executive Council and the Standing Finance Committee for a new aircraft to replace Islander VP-FBM which incurred substantial structural damage while landing at Beaver Island in June.

• Wednesday, February 6th 2019 - 09:20 UTC

  Vale in deep legal “sludge” over dam burst: 135 dead and 200 missing

  

  A report commissioned by Brazilian miner Vale SA last year to look into the stability of the tailings dam that ruptured January 25, killing 135, certified it as sound but raised concerns over its drainage and monitoring systems, newspaper Folha de S Paulo reported on Tuesday.

• Tuesday, February 5th 2019 - 07:40 UTC

  Falklands' government and BFSAI plan to build 70 new houses in the next three years

  

  The Falkland Islands Government (FIG) with the support of British Forces South Atlantic Islands (BFSAI) are seeking expressions of interest from developers and investors wanting to find out more about an ambitious range of housing development opportunities in the Falkland Islands.

• Monday, February 4th 2019 - 08:54 UTC

  Japan's Nissan scrapping plans to make its X-Trail sports utility vehicle in UK

  

  Japanese carmaker Nissan is cancelling plans to make the next model of its X-Trail sports utility vehicle in Britain, less than two months before the country is due to leave the European Union, broadcaster Sky News said on Saturday.

• Monday, February 4th 2019 - 08:05 UTC

  Macri on an ambitious trade and cooperation visit to India

  

  Argentine president Mauricio Macri will be visiting India from February 17 to 19 as part of an ambitious bilateral agenda to expand trade and cooperation in a range of sectors including renewable energy, nuclear energy, space and agriculture, aviation, mining (lithium, gold and copper), pharmaceuticals and automobiles.

• Thursday, January 31st 2019 - 09:30 UTC

  UK car industry on “red alert”: Brexit uncertainty had done enormous damage

  

  Investment in the UK car sector almost halved last year and output tumbled as Brexit fears put firms on “red alert”, the industry's trade body said. Inward investment fell 46.5% to £588.6m last year from £1.1bn in 2017, the Society of Motor Manufacturers and Traders (SMMT) says.

• Friday, January 25th 2019 - 09:56 UTC

  CNN Brazil will dispute a place in Latin America's largest TV market

  

  With the launch of CNN Brazil, Latin America's biggest TV market is set to be roiled by the entry of a powerful new player looking to challenge the dominance of current leader Globo News. Its arrival, announced this month, comes at a high-voltage time for Brazil as it undergoes an abrupt swerve to the right under President Jair Bolsonaro, a pro-business ultraconservative who took office at the beginning of January.

• Friday, January 25th 2019 - 09:22 UTC

  Brexit uncertainties: Jaguar Land Rover will extend its annual shutdown

  

  Jaguar Land Rover is to extend its annual April shutdown in car production because of uncertainties around Brexit. The UK's biggest carmaker will be idle for an extra week because of fears of disruption at its car and engine plants at Liverpool, Birmingham and Wolverhampton.

• Thursday, January 24th 2019 - 09:33 UTC

  Sao Paulo state willing to support automaker GM with tax incentives

  

  General Motors Brazil unit is in advanced talks with Sao Paulo state to receive tax incentives, the company told public officials and union representatives at a meeting on Tuesday, a few days after telling workers in a memo that it was losing money in the country.