Investments

Thursday, September 4th 2025 - 17:16 UTC
FIH Group, Sale and Leaseback of UK Warehousing facilities as part of financing structure

FIH Group plc, with businesses in the Falkland Islands and UK, has announced that as part of a review of the Group's financing structure, it has exchanged contracts for the sale and leaseback of the 100,000 sq ft warehousing facilities in Leyton used by Momart, its art handling and storage business, with HEPP Mid Box Limited, a subsidiary of Hines, the global real estate manager, for a cash consideration of £22.65 million.
Thursday, September 4th 2025 - 10:48 UTC
Moore Dixon to open Falkland Islands office, appoints new international head

Moore Dixon, the Isle of Man-based accounting and advisory firm and a member of the Moore Global Network, has announced the opening of a new office in the Falkland Islands and the appointment of Tracey Prior FCA as its International Head of Office.
Tuesday, September 2nd 2025 - 10:22 UTC
Verizon departs Uruguay, leaving 265 unemployed

Telecommunications multinational Verizon's decision to shift its Uruguayan operations to Chile has resulted in the layoff of 265 workers hired by Alorica, a third-party provider handling customer services for the US giant from a free trade zone in Montevideo.
Saturday, August 30th 2025 - 10:02 UTC
Lula announces sports university in Brazil

Brazilian President Luiz Inácio Lula da Silva announced this week the creation of a sports university. He made those remarks while welcoming at the Planalto Palace a delegation of rhythmic gymnasts who won two medals at the world championships in Rio de Janeiro earlier this month.
Tuesday, August 26th 2025 - 00:38 UTC
UK boosts antimissile/drone air defense; Falklands already has system deployed

Britain's defenses are getting a boost. The UK Ministry of Defense (MoD) announced that it is investing £118 million (US$158 million) in the purchase of six new Land Ceptor anti-aircraft missile systems, doubling the number of deployable Sky Sabre systems operated by Britain's armed forces.
Tuesday, August 19th 2025 - 11:18 UTC
Uruguay announces economic measures to boost growth

Uruguay's Ministry of Economy and Finance (MEF) has announced a new set of measures to “prioritize” and “streamline” investment to boost growth by making things easier for both national and foreign investors. “There is a political idea of what we want to do,” Minister Gabriel Oddone explained.
Monday, August 18th 2025 - 08:51 UTC
Brazil donating 20 Urutus armored vehicles to Paraguay

Brazil is donating 20 EE-11 Urutu armored vehicles to the Paraguayan Army to help modernize its military and strengthen regional defense cooperation. The donation will increase Paraguay's fleet of Urutu vehicles from 12 to 32.
Monday, August 18th 2025 - 08:04 UTC
Montevideo's airport to close for two days for upgrading work

Montevideo's Carrasco International Airport will be closed from 9 am Tuesday to 9 am Thursday due to improvement works on its ILS landing system, which will enable operations under poorer visibility, it was reported in the Uruguayan capital. Travelers were advised to check with their airlines about possible delays or reroutings.
Monday, August 18th 2025 - 07:55 UTC
Chinese automaker GWM opens first factory in South America

Chinese automaker Great Wall Motors (GWM) officially launched its first manufacturing facility in the Americas, located in Brazil, with President Luiz Inácio Lula da Silva present at the ceremony. The plant is set to function as a regional export hub for Latin America.
Wednesday, August 13th 2025 - 09:58 UTC
Argentina's Navy interested in Italian and Danish frigates

Argentina's Navy is considering modernizing its fleet with units from Denmark and Italy, it was reported this week in Buenos Aires.