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MercoPress, en Español

Montevideo, July 12th 2025 - 03:50 UTC

Investments

  • Sunday, May 29th 2016 - 08:23 UTC

    “Modern Times”, robots rapidly replacing workers in electronics factories

    Xu Yulian, head of Kunshan region PP.RR., said: “More companies are likely to follow suit.” China is investing heavily in a robot workforce.

    Apple and Samsung supplier Foxconn has reportedly replaced 60,000 factory workers with robots. One factory has “reduced employee strength from 110,000 to 50,000 thanks to the introduction of robots”, a government official told the South China Morning Star.

  • Thursday, May 26th 2016 - 06:05 UTC

    Argentina confident Patagonia's shale formation foreign interest remains strong

    “Vaca Muerta will continue to be for YPF and, for the country, a very good option to regain the energy sovereignty,” minister Aranguren said

    Argentina's Vaca Muerta shale formation in Patagonia remains an attractive asset for international investors, many of which are looking to increase the amount they have invested so far, according to the country's Energy Minister Juan José Aranguren, a former Shell Argentina CEO.

  • Tuesday, May 24th 2016 - 08:52 UTC

    St Helena celebrates the new airport on her 514th discovery anniversary

    Governor Lisa Phillips: The underlying question is will change bring with it progress?

    2016 St Helena’s Day celebrations were this year held on Friday 20 May 2016, and were reckoned by all to be a great success. Once again organized by New Horizons and held in lower Jamestown, traditional activities and stalls were arranged in both the Mule Yard and along the Seafront area.

  • Tuesday, May 24th 2016 - 08:30 UTC

    US tire maker leaves Venezuela after six decades in the country

    Bridgestone says the sale will have no financial impact because it already has written off its investments in the crisis-wracked country.

    United States tire maker Bridgestone is selling its business in Venezuela after six decades in the country, the latest blue chip company to abandon the country as a result of runaway inflation and strict currency controls. Bridgestone Americas said in a statement Monday that it is selling its Venezuela assets to Grupo Corimon, a local industrialist. It says the company will be called Alice Neumaticos de Venezuela.

  • Saturday, May 21st 2016 - 08:46 UTC

    Malcorra successfully completes negotiations with China and meets on Monday in Buenos Aires with Serra

    On Thursday Malcorra met her peer Wang Yi and said projects signed with Beijing were reviewed satisfactorily, and the strategic association was ratified

    Argentina's foreign minister Susana Malcorra held another round of talks with high level Chinese officers in Beijing, as part of her official visit to China to promote trade, investment and the special strategic relation between the two countries. But also cut short her visit to other countries to be back in Buenos Aires next Monday in time to meet with her new Brazilian peer, Jose Serra to address the bilateral agenda and Mercosur among other issues.

  • Friday, May 20th 2016 - 06:48 UTC

    Argentina reassures China bilateral cooperation remains a priority for the Macri administration

    After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.

    Argentina on Thursday sought to reassure China that bilateral cooperation remained a priority for its new government amid growing concerns over political changes in the South American country. After a meeting with her Chinese counterpart Wang Yi, Argentine Foreign Minister Susana Malcorra said investment projects with China would go ahead.

  • Thursday, May 19th 2016 - 06:33 UTC

    Falklands' Rockhopper announces double contingent oil reserves: over 300m barrels

    Rockhopper owns more than 50% of two oilfields, Sea Lion and Isobel Elaine, which are now estimated to hold 747 million barrels of oil and gas reserves

    Falkland Islands oil and gas producer Rockhopper Exploration Plc has announced that its net contingent oil reserves have doubled to more than 300 million barrels, and independent experts are now eyeing this as nearly billion-barrel basin.

  • Tuesday, May 17th 2016 - 06:23 UTC

    Falklands hopeful of improved relations with Argentina, Gilbert House tells BIMR conference

    Cherie Clifford, MLA Dr. Barry Elsby meet CPA Secretary General Akbar Khan at the States of Assembly in the island of Jersey

    Falkland Islands remains hopeful of improved relations with the new administration of Argentina and cooperation in the many areas of mutual interest such as fisheries and connectivity, but sovereignty of the Falklands is not for negotiation, reads the Gilbert House report to the 46th British Isles and Mediterranean Region Conference, which opened on Sunday in Jersey.

  • Monday, May 16th 2016 - 18:49 UTC

    Venezuelan soldiers steal goats because no food is left in the barracks

    The incident was reported by El Nacional on its Sunday edition, with six soldiers detained by local authorities

    The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.

  • Monday, May 16th 2016 - 18:45 UTC

    Petrobras implosion takes a major player from the floating production systems market

    Petrobras’ situation needs to stabilize and begin improving before the company can again be a major driver of production floater contracts.

    Brazil´s Petrobras problems has taken a major player from the market for new floating production systems in the oil business, according to a report from the industry. In effect absence of new contracts has forced fabricators and equipment suppliers to make huge cutbacks in personnel and spending and the past 12 to 18 months have been a difficult period the whole deepwater production sector.