Investments

• Tuesday, September 28th 2021 - 08:30 UTC

  Peruvian currency plunges against US dollar following PM's nationalization threat against gas supplier

  

  The Peruvian sol fell sharply Monday against the US dollar in Lima markets following Sunday's statements from Prime Minister Guido Bellido, who threatened the new government might stabilize the cooking gas supplier Camisea.

• Monday, September 27th 2021 - 08:22 UTC

  Fonterra divesting from Chile after thirty years operations

  

  New Zealand's dairy group Fonterra, one of the largest in the world has announced it is leaving Chile after thirty years and has put on sale its Chilean branch Soprole of which it controls 99% of the stock.

• Friday, September 24th 2021 - 18:27 UTC

  Chinese financial move tumbles down cryptocurrencies

  

  A regulatory decision Friday by The People’s Bank of China (PBOC) has led to a sharp fall in the price of cryptocurrencies such as Bitcoin and Ethereum, which have dropped over 6% and 10% respectively after bouncing back in previous weeks.

• Friday, September 24th 2021 - 09:23 UTC

  Argentine court halts scrapping of Navy ship involved in 1982 Stanley landing

  

  An Argentine court ruling halted the scrapping of an Argentine Navy vessel involved on April 2, 1982, landing at the Falkland Islands. War Veterans had been critical of President Alberto Fernández's decision regarding the fate of the vessel.

• Friday, September 24th 2021 - 09:12 UTC

  Oil company lifts all South Atlantic operations, future of project in Falklands now reshaped

  

  A hydrocarbon development project in the Falkland Islands faces new challenges following the announcement of one of the companies involved that it shall be lifting all South Atlantic operations.

• Thursday, September 23rd 2021 - 09:29 UTC

  Relief in world markets, China's mega Evergrande will pay some of its debts

  

  China's largest real estate group, Evergrande and on the brink of bankruptcy announced on Wednesday an agreement with a creditor to avoid the nonpayment of a bond that matured this Thursday. In a release to the Shenzhen stock exchange, its affiliate announced it had reached a plan to pay the bond's interests, (not capital) and of which markets feared the worst.

• Thursday, September 23rd 2021 - 09:00 UTC

  Qantas announces historic nonstop repatriation flight from Buenos Aires

  

  Australia's flag carrier Qantas is planning a historic nonstop repatriation flight from Buenos Aires' Ezeiza airport across the Southern Pole aboard a Boeing 787-9 Dreamliner aircraft, it was announced.

• Thursday, September 23rd 2021 - 08:12 UTC

  Falkland Islands Government agrees new financial package in support of its heritage

  

  On Wednesday 22 September, the Falkland Islands 'Executive Council, ExCo agreed on the provision of a capital grant of up to £1m and a loan facility of up to £750,000 to support the Falkland Islands Museum & National Trust (FIMNT) to progress the development and construction of the new Lookout Gallery and Exhibition Hall. The package is designed to mitigate ongoing financial pandemic pressures, including the continued absence of international tourism.

• Wednesday, September 22nd 2021 - 09:20 UTC

  OECD down plays impact of China's mega group Evergrande possible downfall

  

  “We believe the Chinese authorities have the fiscal and monetary capacity to ”shock absorb“ giant real estate promoter Evergrande”, said OECD chief economist Laurence Boone.

• Wednesday, September 22nd 2021 - 09:08 UTC

  Walmart brand leaves Argentina, stores renamed under local ownership

  

  The worldwide famous Walmart brand is saying goodbye to Argentina as its stores are being repainted following the chain's buy over by Colombian-born local businessman Francisco De Narváez.