Investments

• Wednesday, November 23rd 2022 - 10:20 UTC

  Argentine exports hit historic highs in October

  

  Argentina's Foreign Ministry Tuesday announced that the country's exports had amounted to US$ 7.901 billion in October, thus reaching new historic highs for this month.

• Tuesday, November 22nd 2022 - 20:50 UTC

  Uruguay confident in EU-sponsored sustainable energy matrix program

  

  Uruguay's Industry Minister Omar Paganini highlighted the AL-Invest Verde program for its ambitiousness regarding sustainable development which will position the South American country as a regional innovation hub.

• Monday, November 21st 2022 - 09:33 UTC

  Brazil a leading power in digitalization of public services, World Bank says

  

  A World Bank study released Sunday in Brasilia showed the largest South American country was second globally among 198 economies in the digitalization of public service structures.

• Friday, November 18th 2022 - 09:59 UTC

  Argentine SMEs told about advantages of Shanghai Hub

  

  Argentine small and medium-sized enterprises (SMEs) from the Patagonian province of Chubut were briefed this week about the opportunities offered by the Chinese market, through a virtual chat that focused on the operation of the “Logistics Hub” the South American country has in Shanghai, Xinhua reported.

• Thursday, November 17th 2022 - 18:51 UTC

  Shares of Uruguayan unicorn plummet after rumors of fraud

  

  Shares of the first and only Uruguayan unicorn dLocal, a company that debuted on Wall Street in June 2021 fell up to 43% this from $21 to $10 a piece Wednesday after rumors of fraud went public.

• Thursday, November 17th 2022 - 10:29 UTC

  Brazil's largest port privatization clears the decisive Audits Court

  

  The privatization of Brazil's largest and busiest sea terminal, the Port of Santos clears another barrier. In effect the final report released by the Brazilian federal court of audits TCU did not express major reservations over the privatization process.

• Thursday, November 17th 2022 - 09:50 UTC

  Five more Type 26 frigates for the Royal Navy: HMS Glasgow to be delivered in mid 2020s

  

  Five more Type 26 frigates will be built for the Royal Navy, the Prime Minister has announced. Defense manufacturer BAE Systems has been awarded a £4.2 billion contract to build the five warships, on top of the three already under construction.

• Wednesday, November 16th 2022 - 10:11 UTC

  LATAM pilots' strike avoided at last minute; airline activity rapidly picking up

  

  Minutes before deadline officials from the Chilean/Brazilian carrier Latam and the Pilots Union reached over the weekend an agreement which deactivated what seemed an unavoidable strike. The reason for the strike dates back to 2020, when Latam fired 240 pilots and cut the remaining professionals salaries by 30%.

• Tuesday, November 15th 2022 - 09:45 UTC

  South Korea and Brazil developing space rocket industry; first launch next month

  

  A South Korean space startup for small launch vehicles, Innospace has signed a commercial contract to launch a Brazilian military payload, a symbolic win for the burgeoning space exploration industry from the Asian country.

• Tuesday, November 15th 2022 - 09:41 UTC

  Brazil's navy ex-flagship, carrier Sao Paulo has become a roaming “ghost ship”

  

  A Federal Court in Pernambuco, northeast of Brazil issued an emergency injunction ordering the country's Navy to immediately suspend the forced berthing of the tugboat transporting scrap metal from the “São Paulo” aircraft carrier. The convoy has been on the coast of Pernambuco since early October and has been identified as “ghost ship.”