Investments

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.
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.