Tesla Inc CEO Elon Musk is now compelled to sell 10% of his holdings after 57.9% of Twitter users voted in favor of it, which has already had a negative impact on Frankfurt's trading table.
The biggest cruise ship in the world, Wonder of the Seas is sailing to Marseille to complete finishing touches before she officially joins Royal Caribbean. The 236.857 gross tons vessel left from the Chantiers de l'Atlantique shipyard in Saint Nazaire, where her construction was started two and a half years ago
Wine production in Chile this season is expected to increase 30% because of the excellent climate conditions. Some 13,4 million hectoliters are estimated which will also be a record production for Chile and most probably will overtake Argentina.
Brazil's economic crisis has led to an unprecedented number of households being unable to repey their debts, it was reported Thursday.
The Chinese carmaking company Lifan has announced it would halt all of its operations in Uruguay and leave the country after agreeing to pay overdue wages to some 60 workers who have been laid off and alre already on unemployment insurance.
By the end of the year, the Brazilian Air Force will have received several J-39 Gripen combat fighters from Sweden's SAAB aerospace, avionics and defense consortium, part of the agreement signed in 2014 by Brazil for the purchase of 36 of these jets, following a complicated bidding process.
The Brazilian airline Azul has confirmed it plans to buy over all of LATAM Airlines' operations, not only the Brazilian branch as reports showed earlier this week. Azul was founded in 2013 by Brazil-born David Neeleman, who also owns low-cost carrier JetBlue.
Paraguayan and Turkish authorities met Tuesday in Asunción to discuss the creation of a binational Chamber of Commerce, in light of the increasing volumes of trade between the two countries over the pàst few years, it was reported.
Brazil for the first time will host the annual meeting of the heads and prime ministers of the Group of Twenty, the group of the 20 largest economies on the planet, in 2024. The announcement was made during the release of the final document of the group’s meeting, which ended on Sunday in Rome.
Peru's President Pedro Castillo Terrones told a European Union envoy Tuesday that his administration was offering right conditions for responsible investments in the country.