Investments

Monday, December 14th 2020 - 07:24 UTC
Royal Navy's generation Type 31 frigates will be built two at a time side by side

Work has begun on a huge hall for the Royal Navy’s next-generation Type 31 frigates – to build two ships side-by-side. Standing at 147 meters long, the hall at Rosyth includes 30-metre high ‘megadoors’ and will be able to accommodate two of the 138.7-metre vessels being assembled at the same time side by side.
Friday, December 11th 2020 - 08:40 UTC
Spanish government takes over Franco's summer palace and its art collection

The Spanish state on Thursday took over former dictator General Francisco Franco's summer palace, complete with its vast art trove, and evicted his heirs as part of the leftist government's efforts to erase the legacy of his rule.
Friday, December 11th 2020 - 08:20 UTC
Brazil's richest man and world banker Joseph Safra dies in Sao Paulo, aged 82

Joseph Safra, one of the world’s richest bankers who built an empire spanning continents with over US$ 85 billion in banking assets, has died. He was 82. Safra died of natural causes on Wednesday in Sao Paulo, Banco Safra said in a statement.
Friday, December 11th 2020 - 08:00 UTC
Brazil confident of its chicken and pork production in 2021, despite grain costs

Brazil's meat producers increased output for world markets this year and will again boost production next year, even though they face continued challenges because of the COVID-19 pandemic, the country's meat lobby ABPA said.
Thursday, December 10th 2020 - 09:43 UTC
Facebook faces mass lawsuits and could be forced to sell WhatsApp and Instagram

Facebook could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission (FTC) and nearly every US state filed lawsuits against the social media company, saying it used a “buy or bury” strategy to snap up rivals and keep smaller competitors at bay.
Thursday, December 10th 2020 - 09:05 UTC
Boeing 737 MAX returns to the skies on a commercial flight Sao Paulo/Porto Alegre

More than 20 months after it was grounded following two deadly crashes, Boeing's 737 MAX returned to the skies on Wednesday with an incident-free commercial flight in Brazil, said AFP journalists on board.
Wednesday, December 9th 2020 - 08:00 UTC
India buys 1,6 billion doses of Covid-19 vaccines, Novavax, Oxford and Sputnik

India has bought 1.6 billion doses of Covid-19 vaccines, which is more than any other country, according to a global analysis. Using its massive manufacturing clout, the country purchased 500 million doses of the Oxford University-AstraZeneca vaccine candidate, one billion from the American company Novavax and 100 million doses of the Sputnik V candidate from Russia's Gamaleya Research Institute, said the USA-based Duke University Global Health Innovation Centre.
Tuesday, December 8th 2020 - 08:31 UTC
China's November exports jumped 21,1% as the economy is back on solid recovery

China's exports jumped to record levels in November, offering fresh evidence of the world's second-largest economy's solid recovery from the COVID-19 pandemic that continues to ravage many major economies, while slower growth in imports also underscored persistent pressure on domestic demand from the virus.
Tuesday, December 8th 2020 - 08:00 UTC
Bob Dylan sells the rights of his entire catalogue to Universal Music Group

US singer-songwriter Bob Dylan has sold the rights to his entire back catalogue to Universal Music Group (UMG). The deal is one of the biggest acquisitions in Universal's history and means the company will collect all future income from the songs.
Monday, December 7th 2020 - 13:19 UTC
Falklands's FIGAS expands fleet with the delivery of Islander VP-FMC

The Falkland Islands Government Air Service has taken delivery of a brand new BN2B-26 Islander – registration VP-FMC – to add to its existing fleet. This the first new aircraft that the government has purchased in 30 years and represents a significant investment in FIGAS’ expanding operations, the islands' government informed in this statement.