Investments

Friday, January 12th 2018 - 10:10 UTC
Super airlifter BelugaXL rolls out from Toulouse

The first structurally complete airframe for the new BelugaXL rolled out from its assembly hangar in Toulouse, France this month. Once operational, a fleet of these next-generation airlifters will be used to transport completed sections of Airbus aircraft among the company’s European production sites and to its final assembly lines in France, Germany and Spain.
Friday, January 12th 2018 - 10:05 UTC
Boeing's record year of sales with 763 deliveries of market leading 737 and 787 jets

Boeing delivered more commercial airplanes than any manufacturer for the sixth consecutive year and set an industry record with 763 deliveries in 2017, driven by high output of the market-leading 737 and 787 jets. At the same time, the company grew its backlog with 912 net orders, reflecting healthy demand for its single-aisle and twin-aisle airplanes.
Friday, January 12th 2018 - 07:39 UTC
Falklands: Rockhopper satisfied with advance of Sea Lion project

Rockhopper Exploration said the Sea Lion phase 1 project in the North Falkland Basin was moving towards sanction at the end of 2018. London-listed Rockhopper said project partners had been focusing on securing the US$1.5billion of capex required to achieve first oil.
Monday, January 8th 2018 - 09:19 UTC
Argentina and Chile forecasted to lead global lithium production

A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019.
Monday, January 8th 2018 - 09:06 UTC
Brazil announces end of building big hydroelectric dams in Amazon basin

In a surprise move, the Brazilian government has announced that the era of building big hydroelectric dams in the Amazon basin, long criticized by environmentalists and indigenous groups, is ending.
Friday, January 5th 2018 - 10:39 UTC
Chinese locomotives to revive Argentina's cargo train network

A new shipment of Chinese-made locomotives arrived in the Port of Buenos Aires on Wednesday to revive Argentina's key Belgrano Cargas cargo train network. The eight locomotives will form part of a strategic rail line that traverses northern Argentina's agricultural heartland and connects producers with the eastern exporting hub of Rosario, a port located 300 km north of the capital.
Thursday, January 4th 2018 - 05:38 UTC
China announces it will begin “a greater push” to conquer trade in the hemisphere

In a Spanish-language opinion piece in one of the nation’s largest newspapers, Chinese Ambassador to Argentina Yang Wanming urged Latin American nations to increase trade ties to China, promoting Beijing’s “One Belt One Road” project and warning Beijing will begin a “greater push” to conquer trade in the hemisphere.
Wednesday, January 3rd 2018 - 10:33 UTC
Private operators take over Brazil's Fortaleza and Porto Alegre airports

Fraport Brasil (a wholly-owned subsidiary of Fraport AG) started operations at Fortaleza’s Pinto Martins International Airport (FOR) and Porto Alegre’s Salgado Filho International Airport (POA).
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.