Investments

Thursday, May 12th 2022 - 10:04 UTC
FIMA Funded Falklands 40th Photo Exhibition Moves to Chatham's Historic Dockyard Museum

Last year, FIMA, (Friends of the Falkland Islands' Museum and the Jane Cameron National Archives), agreed to fund the restoration and printing of 40 photographs taken by a Falklands photographer during and in the aftermath of the 1982 war for the Falklands Museum.
Thursday, May 12th 2022 - 09:58 UTC
Argentine entrepreneurs buy over Montevideo daily

A group of investors of mostly Argentine origin has bought over Montevideo's renowned daily El Observador. Although the deal was reportedly closed May 5, it was not officially announced until Wednesday, May 11.
Wednesday, May 11th 2022 - 20:32 UTC
Avianca, GOL agree on strategic partnership

A historic agreement has been reached between Colombian airline Avianca and Brazil's GOL whereby both companies will function under the same holding, thus increasing their mutual presence throughout Latin America, it was announced Wednesday.
Tuesday, May 10th 2022 - 09:54 UTC
LATAM restructuring plan to be tested 17 May in New York; junior creditors dissent

LATAM Airlines, which filed for bankruptcy in the United States in 2020 after being hit by the coronavirus-related travel downturn, said around 65% of its low-ranking creditors had backed the restructuring plan, which it said was “fair and considered all stakeholders.”
Tuesday, May 10th 2022 - 09:47 UTC
UK defense contracts worth more than £2bn awarded for Dreadnaught nuclear submarines program

United Kingdom Defense contracts worth more than £2bn have been awarded to BAE Systems and Rolls-Royce to begin the third major phase of the future submarine nuclear deterrent program, Dreadnought. With the overall program supporting around 30,000 jobs across the UK, from design through to build, Delivery Phase 3 (DP3) represents the most significant stage of the Dreadnought program so far.
Friday, May 6th 2022 - 09:49 UTC
Despite record profits, Maersk warns of stagflation and Chinese factory closures

Møller-Maersk has warned of growing economic risks including potential stagflation and Chinese factory closures even as the world’s largest container shipping group by profits reported a record quarter.
Thursday, May 5th 2022 - 09:41 UTC
Maradona's iconic shirt sold to last-minute bidder for £ 7,142,500

The Argentine national team jersey worn by Diego Maradona against England in the 1986 Mexico football World Cup finals has been auctioned off Wednesday for £ 7,142,500 after nearly ten bids.
Thursday, May 5th 2022 - 09:32 UTC
Argentine Air Force picks new helicopter model for purchase

Argentina's Air Force Chief Brigadier General Xavier Isaac has confirmed Bell 407 helicopters had been chosen as replacements for the aging Lamas, according to a report published by the Pucará.org website.
Thursday, April 28th 2022 - 09:30 UTC
Chile's domestic built icebreaker is 59% completed, Navy reports

Chile's first domestic built icebreaker, as part of the “Antarctica Project I”, will enable the country's navy to fulfill multiple logistic tasks, research operations, supply Antarctic bases and stations, having the capacity to sail in one-meter thick ice.
Wednesday, April 27th 2022 - 08:13 UTC
Construction of the first of five Type 31 frigates has started in Scotland

The construction of the first of five new Royal Navy Type 31 frigates is now underway in Scotland. In the brand-new assembly hall in Rosyth dockyard, the keel of HMS Venturer was laid in a formal ceremony marking the construction beginning for the ship.