Investments

• Thursday, January 24th 2019 - 07:26 UTC

  Luxembourg reaping London's financial services triggered by Brexit

  

  Brexit is driving a much heralded jobs boom and expansion in the financial services industry – in Luxembourg. According to lobby group Luxembourg for Finance, 47 banks, insurers, wealth managers and investment firms have plans to move some business activities to the Grand Duchy in order to cope with potential disruption from Britain’s impending departure from the European Union.

• Thursday, January 24th 2019 - 06:48 UTC

  British Airways going back to the future for its 100 years

  

  British Airways going back to the future and painting four of its aircraft in colors schemes from its past as part of its 100-year birthday this year. First aircraft, a BOAC-liveried Boeing 747, reg: G-BYGC, will arrive back at Heathrow from the paint factory on February 18 to enter the airline’s flying schedule.

• Wednesday, January 23rd 2019 - 09:05 UTC

  China's hounded Huawei warns it could shift to countries “where it is welcomed”

  

  The chairman of Chinese tech giant Huawei has warned that his company could shift away from Western countries if it continues to face restrictions. Huawei has been under scrutiny by Western governments, which fear its products could be used for spying.

• Wednesday, January 23rd 2019 - 07:58 UTC

  Bolsonaro tells Davos he plans to make the “new Brazil” an investment-friendly country

  

  Brazil's newly-elected populist President Jair Bolsonaro addressed the world's business elite in Davos on Tuesday, vowing to transform Latin America's largest economy into a more investment-friendly country. On his first international trip since becoming president, Bolsonaro delivered the keynote speech at the World Economic Forum.

• Tuesday, January 22nd 2019 - 10:13 UTC

  Brazil plans to privatize airports and railways; Chinese investment would be “well received”

  

  Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure.

• Saturday, January 19th 2019 - 09:18 UTC

  Argentina/China companies link up to launch satellites for an Earth-observation constellation

  

  An international space venture called Satellogic says it will have 90 satellites launched by a Chinese company to create an Earth-observing constellation. The first launch by the China Great Wall Industry Corp. under the newly announced deal, scheduled for later this year, will deliver 13 satellites to low Earth orbit on China’s Long March 6 rocket, Satellogic announced in a news release.

• Saturday, January 19th 2019 - 08:39 UTC

  The Times and Sunday Times want to share resources, to build a sustainable future for Times' journalism

  

  Rupert Murdoch newspapers The Times and the Sunday Times are asking the government for permission to share resources, including journalists, between the two titles. The application to the Department for Digital, Culture, Media and Sport (DCMS) is necessary as legal undertakings were made to keep them separate when he bought them in 1981.

• Friday, January 18th 2019 - 09:39 UTC

  China moves in after Hitachi and Toshiba abandon nuclear plants' plans in UK

  

  China’s General Nuclear Power Corporation (CGN) will bring forward plans to build a nuclear plant in Britain, it said on Thursday, helping plug a gap left by the failure of two Japanese projects.

• Thursday, January 17th 2019 - 10:10 UTC

  Petrobras allowed to sell 90% stake in gas pipeline unit, estimated at US$ 7bn

  

  Brazil’s solicitor general has overturned one injunction that prevented state-controlled oil company Petrobras from proceeding with one of its largest divestitures, the government said in a statement.

• Tuesday, January 15th 2019 - 06:25 UTC

  Falkland Islands strengthens its air service with new aircraft and avionics

  

  The Falkland Islands government air service, FIGAS, has incorporated on lease a Britten-Norman Islander aircraft for the inter-islands air service during the current summer season. Likewise another new aircraft has been ordered, scheduled to be delivered next July, as well as four new engines for the FIGAS fleet of Briten-Norman Islanders.