Investments

Friday, March 4th 2022 - 18:37 UTC
Some US$ 400 million of top brand cars sink off the Azores in 3,000 meters deep water

Some US$ 400 million of top brand cars (Porsche, Bentley, Lamborghini) have been definitively lost when the carrier Felicty Ace with 4,000 units from the Volkswagen Group went down, close to the Portuguese Azores islands, nearly two weeks after a fire broke out in the vessel.
Friday, March 4th 2022 - 09:10 UTC
YPF Luz officially opens Cañadón León wind farm in Argentine Patagonia

Argentina's YPF Luz - the electricity division of the traditional state-owned oil company - has officially opened its third wind farm, Cañadón León, which is expected to supply 123 MW of renewable energy to the national system, it was reported Thursday.
Friday, March 4th 2022 - 09:05 UTC
Argentine FA wants Ukrainian league players allowed to work for other clubs

Argentine Football Association (AFA) President Claudio Tapia Thursday announced a petition was to be filed before the sport's world governing body FIFA so that players registered to compete within Ukraine's professional league be allowed to play elsewhere despite transfer regulations.
Thursday, March 3rd 2022 - 22:54 UTC
Uruguayan hotels 70-90% full during Carnival weekend

Occupancy at Uruguay's hotels has been between 70 and 90% during Carnival weekend, which represented a recovery from a bad Summer season for the leisure industry.
Wednesday, March 2nd 2022 - 09:03 UTC
Major oil companies, Shell, BP, Equinor exiting interests in Russia

Shell joined BP in announcing it will leave all its Russian operations, including a major liquefied natural gas plant, following on Moscow's invasion of Ukraine. Earlier BP also abandoned its share in Russian oil giant Rosneft, a move that could cost the British company over US$25 billion.
Tuesday, March 1st 2022 - 22:59 UTC
Argentina asks for the resumption of flights to the Falklands with stopover in Rio Gallegos

Argentina has requested the resumption of flights between the mainland and the Falkland Islands twice a month after the service carried out by LATAM Airlines was halted amid COVID-19 pandemic restrictions.
Monday, February 28th 2022 - 20:15 UTC
Steel cutting ceremony to build multipurpose vessels for the Chilean navy

Chilean president Sebastián Piñera headed on Sunday the steel cutting ceremony for the building of the first, --out of four--, multipurpose vessel, to be incorporated to the country's navy. Also present at the ceremony were Defense minister Baldo Prokurica and the commander in chief of the navy, Admiral Juan Andrés de la Maza.
Wednesday, February 23rd 2022 - 09:50 UTC
Private donation of £100,000 for expansion of Falklands Museum

The Staff and Trustees of the Falkland Islands Museum & National Trust announced on Tuesday that a donation of £100,000.00 has been made towards the Lookout Gallery & Exhibition Hall’s exhibitions and displays.
Tuesday, February 22nd 2022 - 10:50 UTC
Uruguay has what world investors need, President Lacalle tells Dubai fair

Uruguay's President Luis Lacalle Pou told attendees at the Expo Dubai 2022 international fair that the private sector made a country thrive and urged investors to pour into the South American country to become “owners, partners or shareholders of the food generation.”
Tuesday, February 22nd 2022 - 09:40 UTC
French Group will recover port of Beirut devastated by a massive explosion in 2020

French Group CMA-CGM, a world leader in shipping and logistic has won the concession bid to manage, operate and maintain the Port of Beirut’s container terminal for a 10-year period starting next month.