Investments

• Monday, October 18th 2021 - 09:00 UTC

  The new Boeing model facing security issues

  

  Aircraft manufacturer Boeing keeps coming across unexpected hurdles. Now they have detected a quality problem with the 787 Dreamliner model, which has led to delays in the delivery of the newer units, in addition to drawing increased scrutiny from the Federal Aviation Administration (FAA).

• Monday, October 18th 2021 - 08:49 UTC

  Puerto Rosales to invest in monobuoys to allow for more Argentine crude exports

  

  Puerto Rosales in the Argentine city of Punta Alta continues to consolidate itself as the main point of exit of crude oil from Vaca Muerta, having dispatched so far 900,000 tons in 2021.

• Friday, October 15th 2021 - 15:31 UTC

  LATAM Group requests an extension of the restructuring deadline to November 26

  

  Latam this week requested the US Bankruptcy Court for the Southern District of New York an extension of the deadline to lodge its restructuring plan until 26 November. The request “supports the continuity of the advances in negotiations with the different parts interested in the Chapter 11 process” argued the Chilean group in its presentation.

• Thursday, October 14th 2021 - 09:25 UTC

  Argentina votes funds for the construction of a Logistic Pole in Ushuaia

  

  The Argentine government has earmarked some 70 million dollars, in three years, for the construction of an Antarctic Logistic Pole in Ushuaia, capital of the extreme south province of Tierra del Fuego. Some US$ 25 million will be invested next year to begin the development of the strategic project aimed at consolidating Ushuaia as the support hub for scientific research in Antarctica.

• Wednesday, October 13th 2021 - 22:08 UTC

  Petition for Piñera's impeachment filed at Chile's Lower House

  

  Chilean Deputies Wednesday filed for the impeachment of President Sebastián Piñera for his ivolvement in financial and entrepreneurial transactions disclosed earlier this month in the so-called Pandora Papers.

• Wednesday, October 13th 2021 - 08:54 UTC

  Glencore sells Bolivian zinc operations to a Canadian company

  

  Swiss corporation Glencore has agreed to sell its zinc businesses in Bolivia to the Canadian company Santa Cruz Silver Mining, it was announced Tuesday.

• Tuesday, October 12th 2021 - 23:54 UTC

  Chile's economy to grow 11%, according to IMF report

  

  Chile's economy has been projected to grow 11%, way above the average of 6.3% foreseen for Latin America throughout 2021 by the International Monetary Fund's (IMF) Global Economic Outlook released Tuesday.

• Tuesday, October 12th 2021 - 14:54 UTC

  Tata Group takes over Air India for US$ 2,4 billion; airline returns to its original founders

  

  The Tata Group is taking over India's flag carrier Air India, following an agreement to pay US$ 2,4 billion. The airline has been losing money at the rate of a billion dollars since 2009, and under the deal Tata will only pay a quarter of the company's total debt.

• Monday, October 11th 2021 - 19:39 UTC

  Argentine keeps negotiating with IMF despite rejection to cutting down surcharges

  

  The International Monetary Fund (IMF) has turned down a request from the Argentine Government to discuss a reduction in surcharges, it was announced Monday.

• Saturday, October 9th 2021 - 09:41 UTC

  Russia's Ambassador to Buenos Aires seeks to sell fighter jets

  

  Russia's Ambassador to Buenos Aires Dmitri Feoktiskov met with Defense Minister Jorge Taiana to convey yet again his country's interest in selling military equipment to the South American country, it was reported Friday.