Investments

• Tuesday, February 28th 2023 - 06:00 UTC

  PepsiCo announces energizing beverage in Uruguay

  

  Uruguay became this week the second Latin American country where Rockstar has been launched since the brand purchased its licenses in March 2020. The energy drink with added caffeine and vitamins B3, B5, and B6, which also contains ginseng and guarana, is to reposition the soft-drink giant in the so-called functional beverages segment together with its local bottling partner, Fábricas Nacionales de Cerveza.

• Saturday, February 25th 2023 - 08:43 UTC

  British Airways owners buy 100% of Air Europa

  

  International Airlines Group (IAG), the group owning Iberia and British Airways, has reached a deal with Globalia to buy Air Europa for €400 million to be disbursed over the next five years and thus fully owns the Spanish carrier of which it had already acquired 20% for €100 million last year.

• Friday, February 24th 2023 - 10:40 UTC

  Aerolíneas Argentinas delivered first full-cargo aircraft in 16 years

  

  Aerolíneas Argentinas took delivery of its first cargo-only aircraft in 16 years to start a new freight venture, it was reported in Buenos Aires. It is a Boeing 737-800 fully reconfigured after having served as a passenger aircraft in the past.

• Wednesday, February 22nd 2023 - 10:34 UTC

  Brazil receives first shipment of Swedish fighter parts from Saab

  

  Brazil has taken delivery of the first shipment of parts of Swedish Gripen F-39E fighters to be assembled at Embraer's Defesa & Segurança's facilities in Gavião Peixoto, in the state of São Paulo. Hence, the aircraft with serial number 6032 will be the first to be entirely assembled in the South American country.

• Tuesday, February 21st 2023 - 09:50 UTC

  Falkland Islands: Refurbishing starts on Mount Pleasant runway

  

  A contractor has started working on a £7m project to extend the lifespan of the runway at the Mount Pleasant Complex (MPC) airfield in the Falkland Islands until it can be fully re-laid in the coming years, the British Government reported Monday.

• Wednesday, February 15th 2023 - 11:27 UTC

  Huge Air India deal with Airbus provides thousands of jobs for UK companies

  

  The UK Prime Minister Rishi Sunak and Business and Trade Secretary Kemi Badenoch has welcomed a momentous deal for Airbus and Rolls-Royce to provide new aircraft for Air India, which is worth billions of pounds to the UK.

• Wednesday, February 15th 2023 - 10:06 UTC

  EU upgrades Uruguay's status regarding tax cooperation

  

  Uruguay has been recognized as a “cooperating jurisdiction without commitments” by the European Union (EU) after a series of taxation improvements, the South American country's Ministry of Economy and Finance (MEF) confirmed Tuesday.

• Tuesday, February 14th 2023 - 09:50 UTC

  Major power outage hits Cuba

  

  Cuba's Ministry of Energy and Mines confirmed on social media Monday that the power outage that left half the island without electricity was due to “a fire in a sugar cane plantation,” it was reported.

• Wednesday, February 8th 2023 - 19:55 UTC

  British business sizes up global trade wins as Malaysia and Chile join Indo-Pacific bloc

  

  Malaysia and Chile have officially joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), meaning British businesses will get better access and lower tariffs in the Malaysian and Chilean markets when the UK joins the dynamic trade bloc.

• Friday, February 3rd 2023 - 10:14 UTC

  Uruguay's Ancap to lose US$ 72m during refinery maintenance

  

  Uruguay's state-run oil company Ancap will lose US$ 72 million due to the remodeling of the La Teja Refinery to be carried out between September and December this year, during which time fuel will need to be imported, it was reported in Montevideo.