Investments

• Monday, March 19th 2018 - 08:45 UTC

  Brazil's giant meat packer JBS sells feed-lot assets in several US states

  

  It took about eight months, but Brazil's giant meat packing industry JBS is finally free of its Five Rivers Cattle Feeding operations. The Greeley-based company in Colorado had planned since last June to sell its massive cattle feeding operations, which span six states including Colorado. The deal became final and closed on Friday.

• Sunday, March 18th 2018 - 10:36 UTC

  Ushuaia at Seatrade in Miami praised for the port services improvements

  

  The port of Ushuaia in Tierra del Fuego expects to end the current 2017/18 cruise season with over 339 calls, fifty more than in the previous season, revealed governor Rosana Bertone who attended the SeaTrade International Fair in Miami, the world's major event of the industry.

• Friday, March 16th 2018 - 09:41 UTC

  Argentina preparing its first offshore licensing round in the South Atlantic

  

  Argentina plans to launch its first offshore licensing round in almost three decades this year, as it seeks to widen exploration for longer-term production growth, Energy Minister Juan Jose Aranguren said on Thursday.Round One will be launched in June or July for 240,000 sq km in three zones of the continental shelf, Aranguren said on the sidelines of The Economist's Argentina Summit in Buenos Aires.

• Wednesday, March 14th 2018 - 08:39 UTC

  Ambitious expansion for Argentine international Ezeiza airport

  

  The Argentine government has announced it plans to invest 15 billion Argentine Pesos (some US$ 750 million) in an ambitious expansion of the country's main international airport, Ezeiza, in the outskirts of Buenos Aires city.

• Friday, March 9th 2018 - 04:49 UTC

  Falklands' fishing victims of UK Brexit deal, claims Fortuna

  

  “The UK has sold out Falklands fishing for a Brexit era deal,” fishing company Fortuna Ltd Director James Wallace told Penguin News this week. He was replying to much general speculation as to why a Falkland Islands company with a long history of participation in the South Georgia toothfish fishery was refused licenses this season.

• Thursday, March 8th 2018 - 09:28 UTC

  Chinese carmaker acquires US$ 9bn stake in Mercedes Benz, expecting to share auto technology

  

  Li Shufu, chairman of Chinese carmaker Geely, is making waves in the global auto market after buying a US$ 9 billion stake in Germany’s Daimler. Li, 54, the son of a farmer from China’s Zhejiang province, has led a major acquisition push globally since 2010, when he took over Swedish car brand Volvo from Ford Motor, US$ 1.8 billion deal.

• Tuesday, February 27th 2018 - 08:58 UTC

  Heathrow is UK's largest port by value: £106bn worth of goods; needs urgent expansion

  

  Britain’s exporters risk being held back by a lack of access to key trading markets, new data has revealed. As Britain prepares to leave the EU, the data shows that key routes from Heathrow to Shanghai, Delhi, Mumbai, Los Angeles, Tokyo Haneda and Dubai are virtually full and unable to accommodate further growth in trade. Combined, these six routes alone account for nearly 18% of Heathrow’s total cargo volumes.

• Friday, February 23rd 2018 - 06:56 UTC

  Falklands/Uruguay strengthening of links is of interest to visiting diplomats

  

  Two British diplomats based in Latin America were visiting the Falklands this week, arriving on Sunday on the delayed LATAM flight after enjoying an unexpected one-night stopover in Punta Arenas. Making his second visit to the Falklands was His Excellency Ian Duddy, British Ambassador to Uruguay. He was accompanied by Richard Jones, Second Secretary at the British Embassy in Buenos Aires.

• Tuesday, February 20th 2018 - 09:45 UTC

  Need a second citizenship? St Kitts and Nevis has it for sale!

  

  It’s not only a travel and tourism destination, it may be a destination for many honest or not so honest foreigners who don’t ever visit or travel there, but having a valid passport and citizenship of this Caribbean country.

• Tuesday, February 20th 2018 - 07:14 UTC

  Falklands' second commercial air link invitation delivered to Uruguay

  

  Representatives from Argentina and the United Kingdom formally delivered on Monday, to the Uruguayan foreign minister a letter jointly issued by the two governments requesting assistance in contacting local airlines and inviting them to communicate their interest in establishing a new weekly scheduled air service to and from the Falkland Islands.