Investments

• Friday, November 12th 2021 - 10:00 UTC

  Governments at COP26 create group to rid world of fossil fuels

  

  A group of countries and territories led by Denmark and Costa Rica have decided to join forces with regards to a world free from fossil fuels in compliance with the 2015 Paris Agreement under a group named “the Beyond Oil and Gas Alliance (BOGA).”

• Wednesday, November 10th 2021 - 09:15 UTC

  LATAM releases 3Q results: despite losses of US$ 692 million, business picking up and costs down

  

  LATAM reported on Tuesday that during the third quarter of this year it registered a net loss of US$ 691.9 million, due to the costs of maintenance and the expenses of the restructuring carried out by the pandemic.

• Tuesday, November 9th 2021 - 20:50 UTC

  Italian pharmaceuticals to be produced in Chile with Bill Gates grant

  

  The Bill Gates Foundation has allocated a grant to Italian company ReiThera Srl to produce Chile vaccines against COVID-19, it was announced.

• Monday, November 8th 2021 - 14:06 UTC

  Musk pushed to sell 10% of his Tesla stock by Twitter users

  

  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.

• Monday, November 8th 2021 - 08:59 UTC

  Biggest cruise of the world expected to begin operations next March

  

  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

• Friday, November 5th 2021 - 09:23 UTC

  Wine production in South America booming: Chile 30% up and Argentina 16%

  

  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.

• Friday, November 5th 2021 - 09:15 UTC

  More Brazilians in debt amid growing inflation

  

  Brazil's economic crisis has led to an unprecedented number of households being unable to repey their debts, it was reported Thursday.

• Friday, November 5th 2021 - 08:48 UTC

  Chinese carmaker to halt Uruguay operations

  

  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.

• Friday, November 5th 2021 - 08:46 UTC

  Brazilian Air Force will receive several SAAB J-39 fighters later this month

  

  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.

• Thursday, November 4th 2021 - 19:54 UTC

  Azul after all of LATAM Airlines

  

  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.