Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, October 12th 2026 - 20:04 UTC

Investments

  • Saturday, September 1st 2018 - 07:03 UTC

    UK Pavilion at Uruguay's main agro show; Falklands with a promotion stand

    For the fifth consecutive year, the British Embassy takes part in Expo Prado, with a renewed pavilion that invites visitors to explore London’s Underground

    The British Embassy will be part of Uruguay’s most important agricultural event, focused on business, culture, education, food and entertainment, as well as promoting the Falkland Islands. For the fifth consecutive year, the British Embassy in Montevideo takes part in Expo Prado, with a renewed pavilion that invites visitors to explore London’s Underground.

  • Friday, August 31st 2018 - 08:34 UTC

    India announces its first manned space mission to cost US$1.4bn

    The Indian manned mission, announced by PM Narendra Modi will aim to send a three-member crew to space for five to seven days in a low earth orbit

    India announced it expected to spend less than 100 billion rupees (US$1.43 billion) on its first manned space mission to be launched by 2022, suggesting it is likely to be cheaper than similar projects by the United States and China.

  • Friday, August 31st 2018 - 08:29 UTC

    Norway's Equinor plans to invest US$ 15bn in Brazil's oil, gas and renewables

    “Brazil is a perfect match for Equinor with our operational, technical competence built over decades on the Norwegian continental shelf,” said Anders Opedal

    Norway's Equinor will invest up to US$ 15 billion in Brazil over the next 12 years to develop oil, gas and renewable energy sources, the company said. Coinciding with an expected drop in output from many aging oilfields off the cost of Norway, Brazil is expected to become a core region for Equinor as the firm takes advantage of the country’s opening in recent years to more foreign investment.

  • Friday, August 31st 2018 - 08:06 UTC

    Bargain shopping for oil companies in Buenos Aires stock market

    The Argentine stock market witnessed another strong increase with the Merval index up 5.3% reaching 26.754,85 points , boosted mainly by the oil industry stocks

    While the foreign exchange market in Argentina experienced a chaotic Thursday with no ceiling for the US dollar as locals dumped their Argentine pesos, the Argentine stock market witnessed another strong increase with the Merval index up 5.3% reaching 26.754,85 points, boosted mainly by the oil industry stocks.

  • Thursday, August 30th 2018 - 08:55 UTC

    LATAM plans to replace 1.200 airport based employees in Brazil

    “The company has adopted measures so the change will have the least impact possible on workers,” the airline said in a statement

    Chilean airline LATAM has plans to lay off some 1,200 airport-based employees in Brazil and replace them with workers from a services company in an apparent cost-cutting measure, according to a report in O Estado de S. Paulo on Wednesday. LATAM confirmed there would be redundancies but would not give an exact number.

  • Thursday, August 30th 2018 - 08:46 UTC

    Falklands' tender process for construction of vulnerable person' care facility

    MLA Ian Hansen said “We are confident in the quality of the submission by Galliford Try for the construction of the Vulnerable Person’s Extra Care Facility”

    The Falkland Islands Executive Council has selected Galliford Try as the preferred company for the construction of the new Vulnerable Person’s Extra Care Facility in Stanley. The decision follows a detailed scrutiny of the bids received by Members of the Legislative Assembly and Government officers, who subsequently submitted recommendations to the Executive Council.

  • Thursday, August 30th 2018 - 07:24 UTC

    Falklands approves application to register a new build trawler

    Argos Cies is 75 metres long, has 1,998 gross tonnage and will carry up to 50 crew members. She will be delivered by Nodosa shipyard at a cost of €21 million

    The Falkland Islands Executive Council on Wednesday granted the application by Jupiter Fishing Company to register a new build fishing trawler. The agreed name of the new vessel is Argos Cies, which reflects the 50:50 partnership in Jupiter between Argos Group Ltd of Stanley, Falkland Islands and Armadora Pereira SA of Vigo, Spain.

  • Wednesday, August 29th 2018 - 07:37 UTC

    Falklands appoints Ramboll UK Ltd as professional services framework contractor

    The framework will assist delivery of FIG's capital investment program, including upgrades to the MPA terminal and improvements to Stanley Airport.

    In June 2018, the Falkland Islands Government issued an invitation to tender for a single supplier professional services framework contract. The framework will assist delivery of the Government’s capital investment programme, which includes developing the sixth phase of Sapper Hill, new port facilities, upgrades to the MPA terminal and improvements to Stanley Airport.

  • Tuesday, August 28th 2018 - 08:41 UTC

    Ocean Infinity seabed survey company to begin looking for ARA San Juan next month

    The Argentine submarine ARA San Juan disappeared on 15 November with all 44 crew on board

    United States based seabed survey company Ocean Infinity hopes to begin searching for the missing Argentine submarine ARA San Juan (S-42) in September. The announcement was made by Argentine defense minister Oscar Aguad.

  • Sunday, August 26th 2018 - 11:29 UTC

    First LNG-powered cruise ship floated at Meyer shipyard in Papenburg, Germany

    This is the first of three AIDA Helios-class liners. The second ship (still unnamed) will be launched in 2021 spring, while the 3rd (TBN) will be delivered in 2023.

    First aver LNG-powered cruise ship was floated at Meyer shipyard in Papenburg, Germany. It will now be positioned at the shipyard’s dock for final hotel outfitting ahead of a delivery this autumn.The AIDAnova LNG-powered 5,200-guest cruise ship, which features a ‘green cruising’ design, has been built in compliance with the rules of classification society RINA.