Investments

• Tuesday, March 14th 2017 - 06:26 UTC

  Falklands denies any commitment to reduce oil royalty has been entered

  

  The Falkland Islands government announced on Monday that it is currently in discussion with Premier Oil on a wide range of issues with the objective of progressing the Sea Lion development towards a successful project sanction.

• Thursday, March 9th 2017 - 13:55 UTC

  Temer launches 55 infrastructure projects to boost private investment and create 200.000 jobs

  

  Brazil's President Michel Temer launched an infrastructure concessions program on Tuesday that he said should raise 45 billion Reais (US$14.43 billion) in investment in building and operating roads, port terminals, railways and power transmission lines. Temer said the program was key to restoring an attractive business environment as Brazil struggles to emerge from its worst-ever recession.

• Wednesday, March 1st 2017 - 21:11 UTC

  Aquazul: a giant squid sausage with more protein and less fat rich in Omega-3

  

  A new unique food product was created by scientists at the Center for Research in Food and Development (CIAD) of Mexico: a protein-rich squid sausage and omega 3, which has up to 70% less fat, in addition to natural dyes and preservatives.

• Wednesday, March 1st 2017 - 17:41 UTC

  Colombia cancels construction contracts with Odebrechet

  

  The Colombian National Infrastructure Agency (ANI) has cancelled a US$1.89 billion highway construction contract with Odebrecht. The Brazilian contractor is the majority partner in a consortium that won the 25-year public private partnership (PPP) contract in 2010.

• Tuesday, February 28th 2017 - 18:18 UTC

  Brazil manufacturers set up “maquila” assembly plants in neighboring Paraguay

  

  When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank US$ 2 million into a new factory not in its native Brazil - the region's largest economy - but in its tiny southern neighbor Paraguay. The plant, which opened this month in the border town of Hernandarias, stands near a 4,500-hectare industrial park filled with Brazilian companies making everything from auto parts to clothing.

• Monday, February 27th 2017 - 10:02 UTC

  Falklands' delegation visits Vigo with an idea of building a fisheries port in the Islands

  

  Falkland Islands representatives met with port of Vigo authorities to assess the infrastructure, services, development plans and competitiveness of the Galician fisheries terminal, one of the busiest and most efficient in the European Union, reports the Galicia media.

• Sunday, February 26th 2017 - 11:21 UTC

  YPF and Shell reach deal to develop oil and gas assets in Vaca Muerta shale field

  

  Argentina's state-run oil company YPF said it reached a preliminary deal with Royal Dutch Shell Plc to develop oil and gas assets in the Vaca Muerta shale field, involving a US$300 million investment from Shell.

• Saturday, February 25th 2017 - 10:52 UTC

  Futuristic €450 million yacht freed from arrest in Gibraltar; heads for Cartagena

  

  The futuristic €450 million yacht at the centre of a €15.3m legal wrangle has been freed from admiralty arrest and sailed from Gibraltar early Wednesday morning. Sailing Yacht A weighed anchor at around 8.30am and sailed from the Bay of Gibraltar in rough seas bound for the Mediterranean, reports the Gibraltar Chronicle.

• Thursday, February 16th 2017 - 12:40 UTC

  US producer prices in January record highest gain in four years

  

  U.S. producer prices recorded their largest gain in more than four years in January amid increases in the cost of energy products, but a strong dollar continued to keep underlying inflation at the factory gate tame.

• Thursday, February 16th 2017 - 10:59 UTC

  Brexit Minister admits some parliamentary “ping pong”, but March timetable stands

  

  British ministers are braced for a parliamentary battle and are prepared for the Article 50 legislation to be rewritten by the House of Lords, David Davis has indicated. The Brexit Secretary said he expected some parliamentary “ping pong”, with the Bill being sent back and forth between the Commons and the Lords, suggesting he expected peers to defeat the Government and make changes to the tightly-worded legislation.