Investments

• Tuesday, January 2nd 2018 - 11:07 UTC

  Airbus closes a deal for a 430 aircraft order valued at US$ 49.5bn

  

  Airbus announced that it had finalized agreements with Indigo Partners and its four portfolio airlines for the purchase of 430 additional A320neo Family aircraft for ultra-low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air (Hungary).

• Tuesday, January 2nd 2018 - 06:33 UTC

  UK's foreign aid will go to projects that promote government aims and interests

  

  The UK's aid budget will be shifted to projects that promote its interests, the foreign secretary Boris Johnson said underlining the money will be “more sensibly distributed” to support foreign policy aims such as denying safe havens to Islamist militants.

• Friday, December 29th 2017 - 10:09 UTC

  Valparaíso planning a cruise pier that can handle a pair of 300-meters ships

  

  The Chilean port of Valparaíso has plans for a specific cruise ships pier, where calls have dropped due to berthing conflicts with the cargo business. Agencias Universales SA, Agunsa, has proposed the pier, designed in conjunction with the Dutch engineering company Royal HaskoningDHV, and it would be able to handle a pair of 300-meter ships simultaneously, with the possibility to expand for bigger vessels in future.

• Wednesday, December 27th 2017 - 11:08 UTC

  Argentine Air Force base turned into an airport for low cost airlines' operations

  

  El Palomar airport to the west of metropolitan Buenos Aires was officially incorporated to Argentina's National System of Airports and will be open for the low cost airlines to operate, beginning January.

• Tuesday, December 26th 2017 - 09:43 UTC

  Maiden flight for world's largest amphibious aircraft, China's AG600

  

  The world’s largest amphibious aircraft, the Chinese-made AG600, carried out its maiden flight on Sunday morning in Zhuhai, a coastal city in Guangdong province. An AG600, piloted by four crew members, took off from the Zhuhai Jinwan Airport at 9:50 am and remained airborne for about an hour before returning.

• Sunday, December 24th 2017 - 17:21 UTC

  EU bureaucracy ready to sign deal with Mercosur, but France and Ireland object

  

  The European Union now hopes to conclude a trade deal with the Mercosur bloc by February next year. EU agriculture chief Phil Hogan admitted that there were still 15 “open issues”, following a “difficult” meeting with the Mercosur countries in Buenos Aires last week.

• Saturday, December 23rd 2017 - 09:40 UTC

  Boeing's interest in Embraer conditioned by the Brazilian government

  

  United States manufacturer Boeing Co sought to calm Brazilian concern about a potential tie-up with Embraer SA after President Michel Temer and other officials warned they would veto any full takeover bid for the regional jet maker.

• Tuesday, December 19th 2017 - 11:21 UTC

  Markets and investors cheer Piñera, but he faces a determined opposition in Congress

  

  Billionaire conservative Sebastian Piñera will begin a second term as Chile's president in March with a strong mandate after trouncing his center-left opponent in Sunday's election, and local markets soared on hopes of more investor-friendly policies.

• Monday, December 18th 2017 - 10:33 UTC

  Vigo launches “Fresco y Salvaje”, a registered brand to promote fresh and wild fish consumption

  

  The Organization of Products of Fresh Fishing of the Port of Vigo (OPPF-4), in collaboration with the Galician company specialized in fishing issues Sinerxia Plus, has begun to present the new fish brand ”Fresco y Salvaje” (Fresh and Wild), which it intends to start up among the ship owners forming part of the organization.

• Tuesday, December 12th 2017 - 10:47 UTC

  Mexico and Brazil compete for investors in deepwater projects

  

  Mexican national oil company Pemex blamed the cancellation of a potentially lucrative deepwater Gulf of Mexico project on weak investor appetite due to competition from recent auctions in Brazil and low oil prices. Mexico’s oil regulator canceled a tender to pick an equity partner for Pemex’s Nobilis-Maximino project, as company interest was not as robust as expected.