Investments

Tuesday, April 23rd 2019 - 09:00 UTC
US threatens sanctions on countries that continue to purchase Iranian oil: crude hits six month highs

The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch.
Monday, April 22nd 2019 - 09:14 UTC
Russian billionaire announces first private icebreaker: Antarctica cruise in 2022

One of the top 50 richest Russians, banker Oleg Tinkov, wants to present what he calls a first private icebreaker to the public next year, before the €100 million vessel sets sail to the Antarctic among other destinations.
Saturday, April 20th 2019 - 09:21 UTC
Argentina's think tank CARI underlines the significance of China's Belt and Road forum

Argentine experts have expressed the belief that the upcoming Belt and Road Forum for International Cooperation can yield more concrete steps for collaboration between China and Latin America. Members of the Asian Affairs Committee at Argentina's Council on International Relations (CARI), a leading think tank, spoke to China's government news agency Xinhua in the lead-up to the forum.
Saturday, April 20th 2019 - 08:45 UTC
Japan joins the mid-sized commercial aircraft market: right plane at the right time

A new, long-delayed 88-passenger jet from Japan may finally be the right airplane at the right time. More cities in Asia and Europe are seeking to link up with each other and the global air travel network. The Mitsubishi Regional Jet (MRJ), the first airliner built in Japan since the 1960s, began certification flights last month in Moses Lake, Washington, to satisfy that demand.
Thursday, April 18th 2019 - 09:05 UTC
Toyota Brazil to build a Corolla sedan that runs on electricity, ethanol and gas

Japan’s Toyota Motor Corp said on Wednesday it will begin building a new version of the Corolla sedan in Brazil that will run on electricity, ethanol and gas, which it says will be the first vehicle of its kind in the world.
Wednesday, April 17th 2019 - 09:55 UTC
China interested in more Brazilian meat and increasing investment

China is planning to allow more Brazilian meat imports following high-level talks set for May, the Chinese ambassador to Brazil said on Monday. Yang Wanming declined to comment on how many meat processing plants could be approved to export to China but said the issue would be discussed when Brazil Agriculture Minister Tereza Cristina Dias travels to China in May.
Monday, April 15th 2019 - 17:44 UTC
The world's largest airplane made its first test flight in California

The world’s largest airplane made its first test flight on Saturday in California. Stratolaunch Systems Corporation, founded by Paul G. Allen, on Sunday successfully completed the first flight of the world’s largest all-composite aircraft, the Stratolaunch.
Sunday, April 14th 2019 - 08:14 UTC
Chinese company interested in taking over Ford's Brazilian plant in Sao Paulo

China’s Beiqi Foton Motor Co Ltd is eyeing the acquisition of Ford Motor Co’s Brazilian plant in the industrial city of Sao Bernardo do Campo, newspaper Valor Economico reported on Friday.
Saturday, April 13th 2019 - 08:12 UTC
Searching for Admiral Graf von Spee’s great cruiser fleet sunk at the Falklands Battle

In 2014-2015, to mark the centenary of the Battle of the Falklands, Mensun Bound, a Falkland Islander himself, led an expedition to try to find Admiral Graff von Spee’s lost cruiser squadron in 1914, the whereabouts of which has become one the great mysteries of the maritime world. Now he is resuming the hunt. Mercopress began by asking how it all began.
Saturday, April 13th 2019 - 07:44 UTC
Bolsonaro prepares to open Amazon reserve to mining: pledges no bureaucratic impediments

Brazilian President Jair Bolsonaro said on Friday the country could open a vast reserve in the Amazon rainforest to mining, a move attempted by his predecessor that was quickly rescinded following an international environmental outcry.