Investments

• Thursday, January 3rd 2019 - 07:49 UTC

  Falklands' fleet will have a new trawler freezer by the end of 2020

  

  Galicia's Rampesca and the Falkland Islands RBC have ordered a new 63.7 meters long and 1.500 gross tonnage freezer trawler from Nodosa Shipyard, according to shipbuilding sources in Vigo. The new vessel is expected to replace the “Castelao”, and construction will begin this January. It will replicate much of the recently delivered “Monteferro”.

• Thursday, January 3rd 2019 - 07:29 UTC

  Bolsonaro effect on Brazilian markets and currency

  

  A record high for Brazil shares and a more than 2% gain in the Real, spurred by positive policy moves by the country's new government, helped Latin American markets make a strong start to the New Year and buck gloom in global markets on Wednesday.

• Friday, December 28th 2018 - 08:27 UTC

  French operator purchases majority stake in Gatwick Airport, UK’s second busiest

  

  A majority stake in Gatwick Airport is to be sold to French operator Vinci Airports for £2.9bn. Vinci Airports, part of infrastructure group Vinci, will buy 50.01% of the UK's second-busiest airport. The other 49.99% will be managed by current owners Global Infrastructure Partners (GIP).

• Thursday, December 27th 2018 - 14:28 UTC

  Chile's development comes paired with that of blighted areas

  

  Despute being one the most stable economies in the region, shanty town developments are also on the rise in Chile. Immigration and other factors have contributed to the downside of prosperity.

• Thursday, December 27th 2018 - 09:20 UTC

  Brazil opens 100% ownership of Brazilian airlines to foreign investors

  

  Outgoing President Michel Temer issued an executive order that allows foreign groups to own 100% of a Brazilian airline. Previously, non-Brazilians were limited to 20% of shares. The decision occurs in the midst of a bankruptcy proceeding filed by Avianca Brasil.

• Wednesday, December 19th 2018 - 08:46 UTC

  Falklands promotes private investment in house building development

  

  The Falkland Islands Government announced on Tuesday that terms have been agreed, subject to contract and planning, for the sale of a 15.2 acre site to Argos Developments Ltd. with the purpose of encouraging private investment in house building.

• Saturday, December 15th 2018 - 08:49 UTC

  Apple pledges to build a “Silicon Valley” in Texas: US$ 1bn investment

  

  Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a one-billion-dollar investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it in the state's capital biggest private employer.

• Friday, December 14th 2018 - 09:05 UTC

  US confirms China's first purchase of soybeans since the start of the trade war

  

  The United States government officials on Thursday hailed China's first meager purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come.

• Wednesday, December 12th 2018 - 18:32 UTC

  Money markets bet Theresa May will win the confidence vote

  

  The pound has risen amid speculation that Prime Minister Theresa May will win the vote of confidence in her leadership on Wednesday evening. The currency is trading 1.4% higher against the dollar at $1.2660 and 0.9% higher against the euro at €1.1132.

• Wednesday, December 12th 2018 - 10:15 UTC

  Falklands people have decided to name Extra Care Facility, “Tussac House”

  

  The Falkland Islands Government has announced that following an extensive public engagement process the name of the new Extra Care Facility in Stanley will be ‘Tussac House’.