Investments

Saturday, April 24th 2021 - 08:56 UTC
Cabify set to quit Brazil by June 14 citing lack of profitability

The passenger transport app Cabify Friday announced it will be dropping all operations in Brazil by June 14 due to lack of profitability and the serious health crisis in the country.
Saturday, April 24th 2021 - 08:48 UTC
Argentine Navy takes delivery of brand new patrol vessel in France

The Argentine Navy last week took delivery in Concarneau, France, of the brand new Ocean Patrol Vessel (OPV) 87 ARA Piedrabuena which is expected to arrive at its future home base in Mar del Plata to start operating along with her sister ship of the Gowind class, the ARA Bouchard, it was reported.
Saturday, April 24th 2021 - 07:02 UTC
Paraguay and South Korean finalize details for joint electric car parts production to start in 2022

Paraguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric cars in the South American country, which is due to commence in 2022 and last for about five years, it was reported.
Friday, April 23rd 2021 - 23:33 UTC
Royal Navy takes bomb disposal experts to South Georgia to remove Falklands War munitions

The Royal Navy's HMS Forth has taken bomb disposal specialists to South Georgia as part of a mission to protect the island's wildlife. The ten-day environmental mission set out to remove bombs and ordnance left behind during the Falkland Islands conflict involving the Argentine armed forces in 1982.
Friday, April 23rd 2021 - 09:20 UTC
Canadian bitcoin producer picks Argentina for new development

Canadian bitcoin miner Bitfarms has announced its plans to start operations in Argentina in early 2022, with a total of 55,000 machines, it was reported. The country emerged as a logical choice due to its relative low expenses in local pesos with all profits in bitcoin, analysts said.
Thursday, April 22nd 2021 - 20:44 UTC
Argentine version of Google falls into “wrong” hands leading to search engine's temporary collapse

An Argentine internet user claimed realized ownership of the google.com.ar domain had expired Wednesday, April 21 and since it was available, he decided to purchase it for reportedly AR $ 540 (around the US $ 3.85 at the unofficial exchange rate) leading to a temporary shutdown of the search engine ending in “.ar”.
Thursday, April 22nd 2021 - 09:15 UTC
Uruguay tops Latin American transition to environment friendly energy sources

Uruguay continues to be Latin America's leading country regarding energy transition towards renewable sources, according to an index released jointly this week by the World Economic Forum and the Accenture consultancy firm.
Wednesday, April 21st 2021 - 09:35 UTC
Anvisa asks STF for more time to decide on the use of Sputnik V in Brazil

While Argentina has already started trials to produce the Russian Sputnik V vaccine against covid-19, Brazil’s National Health Surveillance Agency (Anvisa) has filed a petition before the Federal Supreme Court (STF) for additional time to evaluate a registration request for the very same immunization shot.
Tuesday, April 20th 2021 - 15:02 UTC
Big Pharma companies gross 152bn dollars since the beginning of the pandemic

Despite setbacks with patients dying or suffering from undesired side effects which led to the suspension of some vaccines in various countries, the market value of pharmaceutical companies continues to rise, having amassed 152 billion US dollars in profits since the beginning of the coronavirus pandemic, it was reported.
Tuesday, April 20th 2021 - 10:45 UTC
Brazil's Anvisa green-lights studies of new Chinese covid-19 vaccine

Brazil's National Health Surveillance Agency (Anvisa) has given the green light to clinical trials on volunteers of a potential anti-Covid-19 vaccine produced by the Chinese laboratory Sichuan Clover Biopharmaceuticals, it was announced.