Investments

• Monday, October 3rd 2022 - 09:47 UTC

  Argentine tire manufacturers back to work

  

  An agreement has been reached between Argentina's Single Union of Argentine Tire Workers (SUTNA) and the three companies operating in the country, thus bringing the five-month conflict that left the country virtually tireless to an end.

• Friday, September 30th 2022 - 09:41 UTC

  Falklands suspends new port facility works due to an 'increase in costs': from £50-70m to some £157m

  

  The second phase of the development of the Falklands' new port facility is not to go ahead due to an “increase in costs” according to the Falklands Government, FIG.

• Monday, September 26th 2022 - 10:16 UTC

  All tire-manufacturing plants in Argentina close down

  

  Argentina has ceased to be a tire-manufacturing country as labor conflicts resulted in the closing of all three plants nationwide, although some of these measures have been reported to be a temporary issue.

• Friday, September 23rd 2022 - 10:56 UTC

  Uruguay ranked among best places for investing in the near future

  

  According to one of the world's leading financial magazines, Uruguay remains “a haven of stability in a volatile region.” The report featured the opinions of experts participating in a regular survey, who were asked to evaluate 174 countries quarterly.

• Thursday, September 22nd 2022 - 09:35 UTC

  Germany to nationalize gas giants to secure energy supplies and war in Ukraine

  

  Germany is to nationalize gas giant Uniper to secure energy supplies amid the war in Ukraine. The deal will see the German government take on a 98.5% stake in the firm at a cost of €8.5bn (£7.4bn).

• Wednesday, September 21st 2022 - 10:39 UTC

  Fortuna announces the construction of a new trawler

  

  Over recent weeks, the Boards of Fortuna Ltd and our partners have approved the construction of a new trawler to replace the FV Capricorn in the Loligo fishery in early 2025. The vessel will be owned and operated by Fortuna Joint Venture Company - “Petrel Fishing Company Ltd”.

• Tuesday, September 20th 2022 - 10:13 UTC

  Brazil improved infrastructure closes supply chain gap with the US in soy exports

  

  A surging dollar and the supply-chain bottlenecks are cutting the competitive edge for United States farmers in the soybeans global market, to the benefit of Brazilian farmers, according to US Department of Agriculture data.

• Tuesday, September 20th 2022 - 10:07 UTC

  Latam to double Santiago/Punta Arenas flights to cope with greater demand

  

  Latam should be almost doubling the number of flights between Santiago and Punta Arenas in coming weeks, according to the company following a meeting with local and central Chile authorities, complaining about insufficient seats and increasing ticket rates.

• Monday, September 19th 2022 - 10:05 UTC

  Argentina's Lower House passes bill for military drills

  

  Argentina's Lower House passed the bill approving the involvement of the country's Armed Forces in the joint UNITAS military drills with foreign troops, which have also been allowed to enter national territory, it was reported.

• Tuesday, September 13th 2022 - 09:53 UTC

  Blinken offers Mexico to join US semiconductor program

  

  US Secretary of State Antony Blinken landed in Mexico City Monday and extended an invitation to President Andrés Manuel López Obrador (AMLO) to participate in a semiconductor and electromobility investment package announced by the Joseph Biden administration worth US$ 50 billion.