Investments

Thursday, September 30th 2021 - 20:57 UTC
LATAM obtains financing to reorganize the group and begin exiting bankruptcy

On Wednesday, LATAM airlines announced it had obtained committed financing of US$ 750 million as part of the Chapter 11 proceedings, allowing the company to improve its financing conditions and to start exiting the bankruptcy process
Tuesday, September 28th 2021 - 23:27 UTC
Falklands makes second donation to Uruguayan charity, which assist vulnerable people

The Falkland Islands Government, as part of its continuing efforts to contribute to the worldwide Coronavirus relief response, it has made a further donation of £5,000 to Centro de Promoción por la Dignidad Humana (CEPRODIH), based in Uruguay.
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.