Investments

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.
Friday, February 18th 2022 - 20:29 UTC
Uruguayan President promised new investments by Argentine group

Uruguayan President Luis Lacalle Pou met this week with representatives from the Argentine Grupo Werthein to discuss further developments and investments in the country, it was reported.
Friday, February 18th 2022 - 09:24 UTC
Falklands' Chamber of Commerce organizes First Environmental Business Symposium

The Falkland Islands Chamber of Commerce has announced the first Falkland Islands Environmental Business Symposium, will be held at 12:30 on the 18th of March. The Chamber is bringing together speakers from organizations across the Falklands to share knowledge and discuss what businesses can do to reduce or offset their environmental impacts.
Thursday, February 17th 2022 - 10:07 UTC
Portsmouth's special power catering for Royal Navy aircraft carriers so as not to leave the city in the dark

When the Royal Navy's new aircraft carriers arrived in Portsmouth, the base faced a critical issue – how to find enough electricity. HMS Queen Elizabeth and HMS Prince of Wales doubled the base's energy use. In fact, the load was so great there was a danger it would impact power supplies to the city itself.
Thursday, February 17th 2022 - 10:05 UTC
UK becomes third largest defense spender in the world behind US and China

UK has overtaken India to become the third-largest defense spender in the world, according to a new report by the International Institute for Strategic Studies (IISS). The new 'Military Balance 2022' report is an assessment of all military capabilities and defense economics of 171 countries worldwide.
Wednesday, February 16th 2022 - 09:44 UTC
A former Chilean Socialist minister considers “delirious” the nationalization of mining industry

A veteran Chilean politician who among other appointments was Minister of Mines under the deposed Socialist government of Salvador Allende in 1973, and later held other ministerial responsibilities following the return of democracy in 1990, strongly criticized the initiative to again nationalize the mining companies which operate in Chile, as proposed in the Constitutional Convention drafting a new constitution.
Tuesday, February 15th 2022 - 10:21 UTC
New IA-63 Pampa takes to the skies for further testing

Argentine-built jet training aircraft IA-63 Pampa III Block II AR-005 made its maiden flight last week at the Argentine Aircraft Factory (FAdeA) – First flight of the Pampa III AR-005, it was announced.