Investments

Wednesday, February 15th 2017 - 08:53 UTC
Falklands' totally financed longliner, CFL Hunter, launched in Galicia

A state of the art longliner, the Falklands “CFL Hunter” was baptized and launched at the Nodosa de Marín shipyard in Pontevedra, in a ceremony that included representatives from Consolidated Fisheries, Falklands lawmakers plus members of the Galicia government and the yard.
Tuesday, February 14th 2017 - 12:17 UTC
Petrobras credit rating raised to BB-: improved governance “compares well with those of its peers”

Credit rating agency Standard & Poor’s on Friday raised its corporate credit rating on Petrobras, one notch, from B+ to BB-. The rating change does not lift Petrobras out of the non-investment grade category, but it lowers the risk from “highly speculative” to “speculative.”
Tuesday, February 14th 2017 - 09:37 UTC
Uruguay's hope of pulp mill announcement still far away, despite presidential visit to Finland

Talks between Uruguay's government and Finnish pulp and paper maker UPM on a new pulp plant project in the Latin American country are proceeding, Uruguay's president Tabare Vazquez said on Monday.
Sunday, February 12th 2017 - 21:14 UTC
Falklands' government portfolio investments total over £ 160 million

Two managers from Newton Investment Management gave a presentation to the Falkland Islands elected government Standing Finance Committee (SFC) and members of the public on Wednesday on the Government’s investment portfolio.
Wednesday, February 8th 2017 - 10:17 UTC
Falklands' oil exploration: Rockhopper announces investments in Sea Lion

Rockhopper Exploration plc has provided its latest operational and corporate update which includes the North Falkland Basin Sea Lion project and has announced that the technical engineering is approaching conclusion and a settlement on the Eirik Raude rig dispute has been reached.
Monday, February 6th 2017 - 22:08 UTC
Uruguayan president and business delegation begin tour of Germany, Finland and Russia

Uruguayan president Tabare Vazquez, six cabinet ministers and a numerous business delegation begin on Monday a two weeks official tour of Germany, Finland and Russia to increase political and trade links, particularly in the “new international scenario” and hopefully advancing in locking the long delayed accord between the European Union and Mercosur.
Saturday, February 4th 2017 - 12:29 UTC
Eric Trump's trip to Uruguay to promote a tower cost US taxpayers almost US$ 100.000

One of President Trump's sons made a business trip to Uruguay in early January that cost taxpayers US$97,830 to put Secret Service and embassy staffers in hotel rooms, according to a new report. Eric Trump visited Uruguay on behalf of the Trump Organization before his father’s Jan. 20 inauguration, The Washington Post reported.
Tuesday, January 31st 2017 - 21:56 UTC
Brazil to lift restrictions on foreign ownership of airlines and farm land

President Michel Temer will propose legislation to lift restrictions on foreign ownership of airlines and agricultural land in Brazil as he strives to pull the economy out of a two-year recession, government sources said on Monday.
Thursday, January 26th 2017 - 20:04 UTC
UPM comments market speculations concerning an alleged pulp mill investment in Uruguay

UPM states that it is not engaged in negotiations on a pulp mill investment with the Uruguayan government. As earlier announced, the company is considering prospects and prerequisites for long-term development in Uruguay. Currently UPM is engaged in discussions with the Government of Uruguay on infrastructure development.
Thursday, January 26th 2017 - 09:01 UTC
Argentina cautious about Trump’s administration impact on bilateral trade

Argentina's trade relationship with the United States will not suffer an immediate negative impact with Donald Trump as president, but it remains to be seen how his measures will shape the world economy, according to the Argentine ambassador in Washington, Martín Lousteau.