Investments

Saturday, July 19th 2014 - 07:11 UTC
Embraer's 20-year market outlook: 6,250 new jets in 70 to 130-seat segment

Brazil leading aircraft manufacturer and space research company, Embraer has released its Market Outlook 2014-2033 which details the company's forecast for deliveries of new 70 to 130-seat jet aircraft over the next twenty years. The report examines the main drivers contributing to air transport growth and reviews projected deliveries by world region.
Saturday, July 19th 2014 - 06:50 UTC
Italian chapter of holdouts tells Argentina it will continue to the last consequences

The Italian chapter of Task Force Argentina (TFA), an organization which represents bondholders that did not accept the 2005 and 2010 debt swaps, urged the government of President Cristina Fernandez to negotiate and warned it will keep on pursuing its interests until the last consequences.
Saturday, July 19th 2014 - 06:41 UTC
China confirms its interest in Brazil with credit and infrastructure projects

China expanded its trade partnership with Brazil with 7.5 billion dollars in financing for Brazilian miner Vale, the purchase of 60 passenger jets from plane-maker Embraer and renewed commitment to invest in infrastructure.
Friday, July 18th 2014 - 08:53 UTC
Falklands enters oil production stage: contract awarded for designing tension leg platform

International engineering and project management company, AMEC, will be the company responsible for designing Premier Oil’s tension leg platform (TLP) for the Sea Lion Development in the North Falklands Basin, 200 kilometers to the north of the Falkland Islands.
Friday, July 18th 2014 - 08:39 UTC
China offers 35bn fund to finance infrastructure projects in Latin America

Chinese President Xi Jinping proposed Thursday to create a 20 billion dollars fund to finance infrastructure projects in Latin America and the Caribbean.
Thursday, July 17th 2014 - 07:27 UTC
BRICS development bank HQ in Shanghai and India will hold the presidency

The first president of the BRICS group New Development Bank will be from India and the position will rotate every five years among Brazil, Russia, India, China and South Africa, said a joint statement from the leaders said.
Wednesday, July 16th 2014 - 01:10 UTC
BRICS sign deal to create development bank and an emergency reserve fund

The leaders of the group of five BRICS emerging market countries signed on Tuesday a deal to create a new development bank and an emergency reserve fund, Brazil's President Dilma Rousseff announced at a summit of the group in the Brazilian city of Fortaleza.
Monday, July 14th 2014 - 23:03 UTC
Mexico rapidly overtaking Brazil as Latam's leading auto producer

Pacific Alliance member Mexico is poised to overtake Brazil, the leading economy in Mercosur, as the top Latin American auto producer for the first time in more than a decade as surging exports to the U.S. spur factory openings and record output.
Monday, July 14th 2014 - 06:17 UTC
GM to manufacture aluminium engines in Argentina for local and export markets

General Motors plans to invest 740 million dollars through 2016 in Argentina to build a factory to turn out aluminium motors. The announcement comes as the Argentine auto industry saw a more than 20% drop in production in the first quarter compared to the record performance in the same period in a year earlier.
Monday, July 14th 2014 - 05:49 UTC
Russia interested in Argentina's shale deposits, says Cristina Fernandez

President Cristina Fernandez confirmed Russia’s interest in investing in Argentina's Vaca Muerta shale formation in Patagonia and announced that a Russian delegation will travel soon to the area, which holds one of the largest shale gas and oil reserves of the world.