
Oil major Shell is planning to continue investing heavily in Brazil as part of a bid to double its global deep water production by the early 2020s. Shell plans to invest US$10 billion over the next five years, Wael Sawan, the company’s executive vice president for deep water, said in an interview this week.

Argentina is a great country and Argentina and the US will have the closest relation in history, according to the official version from the administration of president Mauricio Macri who on Monday was on the phone with president elect Donald Trump to congratulate him on his presidential victory.

McDonald's is suing the city of Florence for €18m after it was blocked from opening a restaurant on one of the Italian city's most historic plazas. The fast-food giant had its plans for an outlet on the Piazza del Duomo rejected by Florence's mayor in June and the decision was upheld in July by a technical panel in charge of preserving the city's ancient heart.

María Eugenia Vidal, governor of the province of Buenos Aires, reached an agreement with the World Bank for a 380-million-dollars loan to finance infrastructure works that would be beneficial to more than sixty municipalities. Bidding to start in March.

The Royal Caribbean's 226,963-ton Harmony of the Seas, on late Saturday departed on its maiden voyage out of Fort Lauderdale, Florida, its new long-term home. Escorted out to sea by a flotilla of jetboard and jetpack performers, the 16-deck-high vessel set sail on a short, three-day trip that kicks off a week of welcoming events. The events include an official christening ceremony scheduled for Thursday.

So said British Deputy Foreign Minister Alan Duncan on Friday during the Business Networking Day, a gathering organized by the Argentine-British Chamber of Commerce at the Embassy in London.

The European Union and Canada signed a free trade agreement that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force. Canadian Prime Minister Justin Trudeau signed the treaty along with the heads of EU institutions, a step that should enable a provisional implementation of the pact early in 2017 with the removal of most import duties.

Chilean airline LAW (Latin American Wings) had submitted a letter of intent on Friday and now it intends to go ahead with the talks. Company representatives are expectd to arrive in Montevideo on Thursday to hold meetings with Alas Uruguay authorities and with the Transport and Public Works Minister Victor Rossi.

An Argentine-Uruguayan commission took 50 samples of effluent from the pulp mill off Fray Bentos and as many in the Gualeguaychú mouth of the river in Entre Rios. Botnia passes test. The reports from the samples collected on the Argetine side recorded more polluting than those found off Fray Bentos. The plant's formal name is Orion but is widely known for its original Finnish name Botnia.

The Federal Reserve, on Wednesday following a two-day meeting, and with two members dissenting, left interest rates unchanged but anticipated the FOMC “judges that the case for an increase in the federal funds rate has continued to strengthen, but decided, for the time being, to wait for some further evidence of continued progress toward its objectives”.