Investments

• 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.

• Tuesday, December 12th 2017 - 10:37 UTC

  US questions workings and rules of WTO which favor “litigation over negotiations”

  

  The United States President Donald Trump’s trade chief said on Monday that the World Trade Organization (WTO) is losing its focus on trade negotiations in favor of litigation, and was going too easy on wealthier developing countries such as China.

• Saturday, December 9th 2017 - 20:22 UTC

  Da Vinci's record US$ 450 million “Salvator Mundi” exhibited at Louvre Abu Dhabi

  

  The Louvre Abu Dhabi is getting Leonardo Da Vinci’s “Salvator Mundi,” which sold last month at a Christie’s auction for US$ 450 million, the most ever paid for a work of art. Christie’s said the artwork will be going to the museum, but declined to say whether the Louvre Abu Dhabi bought the painting. The Louvre Abu Dhabi said in a tweet Wednesday: “Da Vinci’s Salvator Mundi is coming to #LouvreAbuDhabi.”

• Saturday, December 9th 2017 - 19:14 UTC

  Santander sells assets in United States to a Chilean bank

  

  Spain's Banco Santander said it had sold its U.S. unit Totalbank to Chile’s BCI for US$528 million as part of moves to sell non-core assets it inherited when it bought Banco Popular. BCI owns City National Bank of Florida and had been in talks with TotalBank’s former owner Banco Popular before it was acquired by Santander.

• Saturday, December 9th 2017 - 19:12 UTC

  Brazilian economy gradually picking up with growing confidence from investors

  

  Brazil’s economic recovery gained traction in the third quarter, supported by steady family consumption and a rebound in investment. GDP expanded 0.1% from the second quarter and 1.4% from the previous year, the national statistics agency said.

• Thursday, December 7th 2017 - 09:01 UTC

  Mercosur and EU confident a framework agreement will be announced this month

  

  Mercosur is confident a framework agreement with the European Union will be announced next week despite resistance from farmers in Europe to permit tariff-free beef imports, a Mercosur official said. “There is more than a 70% chance of reaching a deal,” said the official close to the negotiations that have dragged on for almost two decades.

• Wednesday, December 6th 2017 - 21:31 UTC

  Peruvian construction companies accused of colluding with Brazil's Odebrecht

  

  Four former and current executives of Peruvian construction companies were detained pending trial, accused of colluding with Brazilian builder Odebrecht to bribe a former president.