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Montevideo, October 11th 2026 - 14:22 UTC

Investments

  • Wednesday, April 3rd 2019 - 08:43 UTC

    Rockhopper cuts losses and is progressing on Falklands' oil field development

    Rockhopper has made “significant” progress during 2018 to advance and execute financing for the Sea Lion phase 1 development.

    Rockhopper Exploration PLC on Tuesday said its loss narrowed in 2018 as it progresses on field development in the Falkland Islands. The oil & gas exploration and production company's loss narrowed in 2018 to US$ 7.1 million from US$ 9.0 million a year before, as revenue climbed to US$ 10.6 million from US$ 10.4 million.

  • Tuesday, April 2nd 2019 - 09:42 UTC

    BBC signs ten-year £300m deal with Discovery Channel

    It is the “largest content deal the BBC has ever done” and will last for 10 years, director general Tony Hall said.

    BBC has signed the biggest ever deal to sell its programs, agreeing to provide its landmark natural history shows to a new global streaming service run by the Discovery Channel for £300m. It is the “largest content deal the BBC has ever done” and will last for 10 years, director general Tony Hall said.

  • Saturday, March 30th 2019 - 08:10 UTC

    UK business groups “devastated” with Parliament handling of Brexit debate

    “The UK's reputation, people's jobs and livelihoods are at stake,” said CBI deputy director-general Josh Hardie

    Business groups have said they are “devastated” after Parliament's latest rejection of the prime minister's EU withdrawal plan. They urged MPs and the government to find a solution and stave off the “nightmare” of a no-deal Brexit.

  • 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.