Investments

• Tuesday, May 23rd 2017 - 11:17 UTC

  Latin American exports rebound in first quarter of 2017 pushed by commodity prices

  

  After four consecutive years of contraction, Latin American and Caribbean exports returned to a path of growth. In the first quarter of 2017, the value of goods exports increased 17% year-on-year, having contracted 2.9% in 2016.

• Monday, May 22nd 2017 - 07:00 UTC

  Venezuela: over fifty people killed in fifty days of protests

  

  A young demonstrator has died from a gunshot wound to the chest, raising to over 50 the number of people killed in fifty days of protests targeting Venezuela’s President Nicolas Maduro, officials said Sunday. The president personally denounced a brutal attack on another man he said had been taken for a government supporter during one of several massive demonstrations across the country Saturday demanding early elections.

• Saturday, May 20th 2017 - 09:02 UTC

  Macri returns from Beijing with US$ 17bn for infrastructure and energy projects

  

  Argentine President Mauricio Macri and Chinese counterpart Xi Jinping have signed in Beijing 16 agreements worth at least US$17 billion in areas such as energy and transport infrastructure, confirming the close links between the two countries.

• Thursday, May 18th 2017 - 17:36 UTC

  YPF targets US$ 10 cost per barrel at Vaca Muerta shale deposits, by end of 2018

  

  Argentina's oil corporation YPF plans to match United States costs in developing non conventional energy, by the end of 2018. This refers to the very rich shale deposits of Vaca Muerta, with a target of 10 dollars per barrel and for this purpose it has started a program of experimental drillings.

• Wednesday, May 17th 2017 - 15:53 UTC

  Petrobras performance improving: largest quarterly earnings in two years

  

  Brazilian state-controlled oil company Petrobras reported its largest quarterly earnings in two years as crude prices rose and the government allowed it to sell fuel at a profit in the domestic market. Petrobras posted a 4.5 billion reais net profit (US$ 1.4bn) in the January to March period, reversing a 1.25 billion reais loss (US$ 400 million) in the first three months of 2016.

• Tuesday, May 16th 2017 - 07:32 UTC

  JP Morgan buys new office building in Dublin which can accommodate 1.000 staff

  

  JP Morgan, the US investment bank, has bought a new office building in Dublin that can accommodate up to 1,000 staff. The bank said the purchase reflected its thriving existing business in Dublin, where it employs 500 staff, however the new office may provide space for hundreds of JP Morgan workers that it plans to relocate from London following the Brexit decision.

• Monday, May 15th 2017 - 11:11 UTC

  Macri begins official visit to China and attends development forum with 27 world leaders

  

  Argentine president Mauricio Macri, First Lady Juliana Awada, and members of the official delegation were received on Sunday by Chinese president Xi Jinping and his wife at the Great Palace of the People, where they were hosted together with 27 world leaders in the framework of the One Belt, One Road, OBOR, Beijing's ambitious international cooperation forum.

• Thursday, May 11th 2017 - 12:51 UTC

  Argentine president Macri off to China and Japan in search of investments

  

  Argentine president Mauricio Macri and a delegation of ministers and governors, are off for an Asian tour in search of investments that includes the Arab Emirates, China and Japan. The undertaking is looking for billions of dollars to help develop Argentina's infrastructure.

• Wednesday, May 10th 2017 - 05:39 UTC

  Galicia will receive Euro 100 million to promote the seafood canning industry

  

  The president of the Government of the Spanish region of Galicia, Alberto Núñez Feijoo, announced a strategic plan for the canning industry that will consolidate the sector in the gourmet markets and maintain Galicia as world leader in the field.

• Tuesday, May 9th 2017 - 07:57 UTC

  Macri receives Italian president to boost “unique” links and EU/Mercosur talks

  

  President Mauricio Macri met on Monday midday with his Italian counterpart, Sergio Mattarella, who is in Buenos Aires on the first official visit by an Italian president to Argentina in 16 years. The two leaders underlined the unique links between Italy and Argentina and announced the re-launching of diplomatic and trade relations.