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MercoPress, en Español

Montevideo, April 19th 2026 - 19:40 UTC

Investments

  • Wednesday, May 3rd 2017 - 08:32 UTC

    American trust becomes largest single shareholder of FIH

    The investment vehicle Staunton Holdings Limited has got rid of all its shares in the Islands lynchpin Falkland Islands Holdings

    Conservative Party donor David Rowland has thrown in the towel in the Falkland Islands after losing a battle to take control of its key industries. The Rowland´s family investment vehicle, Staunton Holdings Limited has got rid of all its shares in the Falkland Islands Holdings (FIH) after shareholders rejected a takeover, reports the London financial media.

  • Sunday, April 30th 2017 - 21:55 UTC

    “Argentina offering investors the best opportunity in the past 25 years”

    “It’s hard to express how much value the changes made by Macri are bringing to the country,” said Eduardo Elsztain

    Argentina is offering investors the best opportunity in the past 25 years as President Mauricio Macri reforms the battered Latin American economy, according to real estate developer Eduardo Elsztain, said in an interview with Bloomberg.

  • Friday, April 28th 2017 - 11:01 UTC

    Falklands: Argentine investors project to build a Howard Johnson hotel in Stanley

    Alberto Albamonte first attempted the project, with Argentine investors back in 1999, but apparently the Argentine foreign ministry rejected it in 2000.

    An Argentine businessman and partner of the US based Howard Johnson, with 37 hotels under that name in Argentina, Uruguay and Paraguay, is attempting to refloat an old project to install a 40 rooms complex in the Falkland Islands, according to media reports in Buenos Aires.

  • Saturday, April 22nd 2017 - 09:15 UTC

    ExxonMobil betting heavily in developing Argentina's Vaca Muerta shale gas

    The U.S. major’s total investments in developing Vaca Muerta will have reached US$750 million by the end of this year, said Neuquén governor Gutierrez

    ExxonMobil is planning to speed up investment plans for shale gas drilling in Argentina’s prized Vaca Muerta formation in the Neuquen province. Exxon will start drilling Vaca Muerta in May, by drilling horizontal wells with laterals of 2,500-3,000 meters, Neuquen province governor Omar Gutierrez said this week.

  • Wednesday, April 19th 2017 - 05:49 UTC

    The disputed FIH Group plans to release this week a trading update

    FIH Group had been subject to a takeover battle with Staunton Holdings Ltd and Dolphin Fund Ltd having both vied to buy the London-listed company

    FIH Group PLC said on Tuesday it plans to release a trading update later this week which will outline its anticipated results for the recently ended financial year while also updating shareholders on the future strategy following failed takeover offers for the firm.

  • Wednesday, April 19th 2017 - 04:36 UTC

    Gibraltar's football upbeat: FIFA will finance an UEFA category 4 stadium

    GFA will pay £16.5m for the stadium and invest a further £15m in revamping the facility to accommodate 8,000 people and meet UEFA Category 4 standards.

    The Gibraltar Football Association is to buy the Victoria Stadium from the Gibraltar Government, in a move that paves the way for local football teams to play international games at home and, in parallel, will trigger a £16.5m investment in new sport infrastructure around the Rock, reports the Gibraltar Chronicle.

  • Friday, April 14th 2017 - 18:33 UTC

    Falklands: Dolphin Fund desists from taking over FIH Group, at this time

    FIH received a letter from FIG stating the company could lose the status that allows FIH to acquire land without a licence should the ownership of the business change.

    Dolphin Fund Ltd said late Thursday that it has decided not to make an offer for FIH Group PLC at this time, following a letter from the Falkland Islands Government warning FIH about its status should it undertake a change of ownership.

  • Wednesday, April 12th 2017 - 10:18 UTC

    YPF interested in Shell's refinery and network of gasoline stations

    The assets, including a 113,000 barrel-per-day refinery in Buenos Aires, were put on the block as part of Shell's program of asset sales

    Argentina's state-run oil company YPF is among the bidders for Royal Dutch Shell Plc's refinery and network of gasoline stations in Argentina. Other nationally owned oil companies are interested in the assets but YPF is seen as having an edge because of its strong position in Argentina, the reliable industry sources said.

  • Tuesday, April 11th 2017 - 05:30 UTC

    Chinese company buys 50% share of the Veladero mine in Argentina

    Barrick's CEO John Thornton and Shandong chairman Chen Yumin during the ceremony that closed the deal (Pic by Barrick Gold Corporation)

    Barrick Gold and Shandong Gold, a Chinese company, have signed a strategic co-operation agreement that includes half the Veladero gold mine in Argentina. Shandong has agreed to purchase 50% of the Veladero mine in Argentina for US$960 million, and a joint venture will be created to operate it.

  • Saturday, April 8th 2017 - 07:25 UTC

    Positive outcome of ASSI visit to St Helena Airport

    The St Helena airport has received an ASSI endorsed certification of Air Traffic Services for a twelve month period from 3 April 2017

    Senior Aerodrome Inspector, Justin Rothwell, and Air Traffic Services Inspector, Sarah Lee, from Air Safety Support International (ASSI), the regulator for St Helena Airport, visited the Island recently. The purpose of their visit, according to an official release from the Overseas Territory, was to undertake an audit to consider the extension of the certification of St Helena Airport.