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MercoPress, en Español

Montevideo, March 22nd 2025 - 16:39 UTC

Investments

  • Monday, January 13th 2025 - 06:00 UTC

    Boliviana de Aviación riddled with complaints for delays and cancellations

    BoA's main problems stem from the Janine Áñez years, Montaño argued

    Bolivian flag carrier Boliviana de Aviación (BoA) faces substantial fines worth up to 1,472,416 bolivianos (US$ 211,864) for its 2024 noncompliances while five incidents have already been recorded this year for constant delays, flight cancellations, and poor handling of passenger complaints, Bolivia's Telecommunications and Transport Regulation and Supervision Authority (ATT) explained.

  • Monday, January 13th 2025 - 05:58 UTC

    Britten-Norman Islanders to be adapted to hydrogen electric propulsion by German company

    Islanders have been particularly successful in the Falkland Islands with the local airline FIGAS since 1948 and as fisheries marine patrol.

    Britten-Norman Islanders to be converted to zero-emissions hydrogen electric propulsion systems by a German company that is focused on carbon neutral regional aviation. According to AOL air industry reports, Evia Aero, has signed a letter of intent with the UK-based aircraft manufacturer, for the purchase of 15 Islander aircraft.

  • Thursday, January 9th 2025 - 17:33 UTC

    Falkland Islands completes Tussac House, a new facility for adult care

    The facility has been handed over to the Health and Social Services Department, which is preparing it for operation. Photo: FIG

    The Falkland Islands Government (FIG) announced the completion of Tussac House, a new facility designed to provide care and support for the community’s most vulnerable members. Construction, led by RSK Falklands Ltd, was finalized on January 3, 2025, with occupancy officially granted today, January 9, following inspections by Planning and Building Services and the Fire and Rescue Service.

  • Monday, December 30th 2024 - 10:30 UTC

    Argentine SMEs post 21.7% improvement in exports

    SMEs also fear a barrage of layoffs next year after imported products flood the domestic market given the current strength of the local peso against the US dollar

    Argentina's Chamber of Small and Medium Enterprises (CAME) reported this weekend that exports between January and November exceeded US$ 9 billion, representing a 21.7% growth in shipments and 27.5% in tonnage, mainly to Brazil and Chile. Overall, South America accounted for 33.1% of sales.

  • Saturday, December 28th 2024 - 09:05 UTC

    Rousseff offers Uruguay NDB financing opportunities

    “Uruguay is used to working with other historical entities, and this is very new,” Orsi said after meeting with Rousseff

    Former Brazilian President Dilma Rousseff, who now chairs the BRICS' New Development Bank (NDB) said Friday after meeting with Uruguay's President-elect Yamandú Orsi at the latter's transition headquarters that the South American country was “best positioned” to access financing at lower rates for digital, social infrastructure, and education developments.

  • Friday, December 27th 2024 - 10:43 UTC

    Falklands, ten-year infrastructure program to improve defense and living conditions at the MPC

    DIO Chief Executive Mike Green with Wg Cdr Fleming in the hangar, which is to be redeveloped. [Crown Copyright MOD 2024]

    UK’s Defense Infrastructure Organization, DIO, which depends from the Ministry of Defense, has been working on a ten year construction program with the purpose of maintaining the operational capability of the air, maritime and army assets deployed for the protection of the Falkland Islands, and also working closely with the government of Falklands.

  • Friday, December 27th 2024 - 09:38 UTC

    Argentina's YPF sells lubricants subsidiary in Brazil

    YPF's brands in Brazil will remain under the new owner

    Argentina's State-owned oil company YPF agreed this week to sell its stake in its Brazilian lubricants subsidiary to the local Usiquimica to achieve “greater focus and profitability” in its operations, it was reported in Buenos Aires. The buyer has been producing and trading chemical products for 80 years.

  • Monday, December 23rd 2024 - 22:19 UTC

    Nissan and Honda sign MOU toward merger by 2026

    ”It is necessary to make a bolder change than a collaboration in specific areas,” Mibe said

    It was more than rumors that Japanese automotive giants Nissan and Honda were eyeing a merger by 2026 which would revolutionize the industry with the appearance of what in Reuters' view would be the third-largest auto group worldwide. The two companies signed a memorandum of understanding whereby discussions about integration via a joint holding company would go on during 2025, it was announced. Earlier this month, Nissan's CEO Makoto Uchida admitted that the company's situation was “severe.”

  • Monday, December 23rd 2024 - 11:11 UTC

    Patagonian Train to run again next year

    The service had been interrupted in 2023 amid a severe economic crisis

    Argentine authorities announced the return of the railway service linking the city of Viedma on the Atlantic Ocean shore and the Andean resort Bariloche in the Province of Rio Negro starting Jan. 3 with two weekly frequencies.

  • Monday, December 23rd 2024 - 07:59 UTC

    UK government backs Spanish shipbuilder Navitas deal to take over Harland and Wolff

    UK Gov backs deal by Spanish shipbuilder Navantia to save 350 Scottish jobs at yards in Fife and on Lewis, safeguarding cornerstone of defense and clean energy (Pic Getty Imagines

    A UK Government-backed deal will see Spanish shipbuilding subsidiary Navantia UK buy out Harland and Wolff, securing the future of all four yards in the UK, including two in Scotland. The buy-out saves the jobs of 350 skilled workers at the company’s sites in Methil, Fife, and Arnish in the Western Isles.