Investments

Wednesday, December 6th 2017 - 09:12 UTC
Two men charged in London with terror offenses including a plot to kill PM May

Two men were charged Tuesday in London with terror offenses over an alleged plot to kill British Prime Minister Theresa May, according to British government officials. Both will appear before a court Wednesday in the British capital in connection with what officials say was a conspiracy to launch a suicide-knife attack on Downing Street, the official home of the prime minister.
Friday, December 1st 2017 - 18:38 UTC
Brazilian crucial pension reform bill needs 308 votes, but is still 46 short

Brazil’s lower house Speaker Rodrigo Maia said on Monday he will try to pass a fiscally crucial pension reform bill this year in the chamber, but he told reporters he would only put the measure to the vote if it has enough support.
Friday, December 1st 2017 - 06:42 UTC
Argentina as G20 chair will combat protectionism, pledges president Macri

President Mauricio Macri hosted the official launching of the Argentine chair of G20, the world’s major forum for global economic, political, and financial cooperation. In his inaugural speech Macri said Argentina is committed ”to build consensus for fair and sustainable development” and will use its role as the first South American country to chair the G20 group of major economies to combat protectionism.
Wednesday, November 29th 2017 - 08:23 UTC
FIH Group posted record revenue pushing profits 38%

Falkland Islands services firm FIH Group posted record group revenue in the six months leading to 30 September, pushing profits ahead by 38%. Group revenue edged up to £20.6m from the £19.8m posted at the same time a year earlier, helping lift pre-tax profits 38% to £1.4m.
Wednesday, November 29th 2017 - 07:53 UTC
Scotiabank en route to becoming Chile's third largest private bank

Bank of Nova Scotia is pushing deeper into Latin America with a US$2.2-billion bid for control of a Chilean rival, looking to ignite its growth as the bank's fourth-quarter profit edged higher but missed expectations.
Tuesday, November 28th 2017 - 09:21 UTC
Total begins oil production in the giant Libra field in Brazil's pre-salt zone

The giant Libra field in Brazil’s pre-salt zone has started producing oil, French Total said on Monday without providing details about the production rate at the field.
Monday, November 27th 2017 - 18:02 UTC
Bayer takeover of Monsanto delayed 90 days by Brazil's antitrust agency Cade

Brazilian antitrust agency Cade extended its deadline to review the takeover of Monsanto Co by Bayer AG by 90 days to late March, potentially spoiling plans to wrap up the US$66 billion tie-up by the end of the year.
Monday, November 27th 2017 - 12:03 UTC
Canada's PentaNova Energy signs farm-in agreement with YPF in Neuquen basin

Canadian exploration and production company PentaNova Energy announced it signed a final farm-in agreement with Argentine energy company YPF for a further 11% stake in the Llancanelo oilfield, reports Buenos Aires media.
Monday, November 20th 2017 - 09:02 UTC
Macri on the right track but economy needs growth and investment

Following on his congressional midterm election win, president Mauricio Macri sealed a fiscal agreement with governors of nearly all Argentine provinces in a sign of his growing clout in upcoming negotiations to close the budget deficit, reform labor legislation and open up the economy. However there are some warnings and indicators to keep watch off, according to an orthodox economist.
Friday, November 17th 2017 - 08:03 UTC
Petrobras counts on pre-salt production to compete with a boom in US shale output

Brazil's low-cost oil will help Petrobras compete in a tough market as it seeks to turn around its business, Pedro Parente, CEO of the state-owned oil giant anticipated. Oil majors such as Exxon, Mobil, BO, Royal Dutch Shell, Total and Statoil have been snapping up blocks in the Atlantic Ocean off the coast of Brazil that hold crude under thousands of meters of salt.