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MercoPress, en Español

Montevideo, May 21st 2025 - 04:19 UTC

Investments

  • Saturday, December 28th 2024 - 09:05 UTC

    Rousseff offers Uruguay NDB financing opportunities

    “Uruguay is used to working with other historical entities, and this is very new,” Orsi said after meeting with Rousseff

    Former Brazilian President Dilma Rousseff, who now chairs the BRICS' New Development Bank (NDB) said Friday after meeting with Uruguay's President-elect Yamandú Orsi at the latter's transition headquarters that the South American country was “best positioned” to access financing at lower rates for digital, social infrastructure, and education developments.

  • Friday, December 27th 2024 - 10:43 UTC

    Falklands, ten-year infrastructure program to improve defense and living conditions at the MPC

    DIO Chief Executive Mike Green with Wg Cdr Fleming in the hangar, which is to be redeveloped. [Crown Copyright MOD 2024]

    UK’s Defense Infrastructure Organization, DIO, which depends from the Ministry of Defense, has been working on a ten year construction program with the purpose of maintaining the operational capability of the air, maritime and army assets deployed for the protection of the Falkland Islands, and also working closely with the government of Falklands.

  • Friday, December 27th 2024 - 09:38 UTC

    Argentina's YPF sells lubricants subsidiary in Brazil

    YPF's brands in Brazil will remain under the new owner

    Argentina's State-owned oil company YPF agreed this week to sell its stake in its Brazilian lubricants subsidiary to the local Usiquimica to achieve “greater focus and profitability” in its operations, it was reported in Buenos Aires. The buyer has been producing and trading chemical products for 80 years.

  • Monday, December 23rd 2024 - 22:19 UTC

    Nissan and Honda sign MOU toward merger by 2026

    ”It is necessary to make a bolder change than a collaboration in specific areas,” Mibe said

    It was more than rumors that Japanese automotive giants Nissan and Honda were eyeing a merger by 2026 which would revolutionize the industry with the appearance of what in Reuters' view would be the third-largest auto group worldwide. The two companies signed a memorandum of understanding whereby discussions about integration via a joint holding company would go on during 2025, it was announced. Earlier this month, Nissan's CEO Makoto Uchida admitted that the company's situation was “severe.”

  • Monday, December 23rd 2024 - 11:11 UTC

    Patagonian Train to run again next year

    The service had been interrupted in 2023 amid a severe economic crisis

    Argentine authorities announced the return of the railway service linking the city of Viedma on the Atlantic Ocean shore and the Andean resort Bariloche in the Province of Rio Negro starting Jan. 3 with two weekly frequencies.

  • Monday, December 23rd 2024 - 07:59 UTC

    UK government backs Spanish shipbuilder Navitas deal to take over Harland and Wolff

    UK Gov backs deal by Spanish shipbuilder Navantia to save 350 Scottish jobs at yards in Fife and on Lewis, safeguarding cornerstone of defense and clean energy (Pic Getty Imagines

    A UK Government-backed deal will see Spanish shipbuilding subsidiary Navantia UK buy out Harland and Wolff, securing the future of all four yards in the UK, including two in Scotland. The buy-out saves the jobs of 350 skilled workers at the company’s sites in Methil, Fife, and Arnish in the Western Isles.

  • Thursday, December 19th 2024 - 10:19 UTC

    Improved air connectivity heralds busy summer season in Brazil

    Sky Airlines started direct flights between Rio de Janeiro and Montevideo

    Brazil's tourism authorities expect a record-breaking summer season thanks to a recent boost in air connectivity, particularly with direct flights between Rio de Janeiro and Montevideo, Agencia Brasil reported.

  • Thursday, December 19th 2024 - 09:22 UTC

    Spanish shipbuilder expected to announce it is taking over Harland and Wolff

    Navantia, is 100% owned by Spain's government, and has been a significant recipient of funding from the European Commission as part of the European Defense Fund.

    A Spanish state-owned shipbuilder is expected to confirm this Thursday that it is buying Harland and Wolff, the Belfast shipyard best known for having built the Titanic. Harland and Wolff was once mentioned as a possible builder of the Falkland Islands new port terminal, the largest Islands’ capital investment.

  • Wednesday, December 18th 2024 - 09:52 UTC

    Paraguayan President discusses energy and business with Chubut Governor

    Torres and Peña met at the latter's Presidential residence in Asunción

    Paraguay's President Santiago Peña met Tuesday with Ignacio Torres, Governor of the Argentine Patagonian Province of Chubut, at the Mburuvicha Roga Residence in Asunción to discuss bilateral issues. The Argentine official also held encounters with local businessmen.

  • Tuesday, December 17th 2024 - 10:28 UTC

    Number of Argentines migrating to Uruguay on the rise

    Despite Milei's achievements against inflation, recession in Argentina remains critical

    According to data released Monday in Montevideo, the number of Argentines seeking to start anew in Uruguay in the first year under President Javier Milei has more than doubled. After Argentine migration to Uruguay increased by 64% reaching 3,639 applications in less than one year, local authorities are beginning to ponder its possible impact on the country's demographics and social structure.