Investments

• Tuesday, May 4th 2021 - 08:50 UTC

  Uruguay: “Unicorn” dLocal eyes Wall Street and new Ford plant offers around 200 jobs to produce

  

  Uruguay's first “unicorn” (an emerging technology-based company worth over US $ 1 billion) local is reportedly planning to land on Wall Street, according to Bloomberg.

• Monday, May 3rd 2021 - 09:07 UTC

  Argentina's metallurgic industry back at pre-pandemic levels

  

  The Association of Metallurgical Industries of the Argentine Republic (Adimra) Sunday reported nationwide output had grown 24.9% in March of 2021, making it the seventh straight month in the upward direction.

• Friday, April 30th 2021 - 08:35 UTC

  Brazilian airline Gol reports millionaire losses due to travel restrictions

  

  Brazilian airline Gol Thursday reported losses of US $ 473 million for the first quarter of 2021 due to the travel restrictions effective worldwide as a consequence of the Covid-19 pandemic.

• Friday, April 30th 2021 - 08:30 UTC

  Ford increases output in Argentina, hires more workers

  

  Despite all pandemic-related setbacks, Ford's carmaking plant in Pacheco, 30 kilometres northwest of the Autonomous City of Buenos Aires (CABA) in Argentina, has increased its output of the Ranger model, for which 256 new personnel has been hired, it was reported.

• Thursday, April 29th 2021 - 16:56 UTC

  Argos granted extension to Falklands production licence

  

  Argos Resources has successfully secured a 12-month extension to the second term of its Production Licence in the North Falkland Basin, the company announced this week. The extension, which runs until 1 May 2022, was approved by the Falkland Islands Government’s Executive Council on March 24.

• Saturday, April 24th 2021 - 09:08 UTC

  Apple retailer iPlace lands in Montevideo thanks to better tax conditions than those in Argentina

  

  Apple's largest retailer in South America, iPlace, which is present in 27 Brazilian states has landed this week in Uruguay. The company iPlace chose Montevideo to start its international expansion to be able to keep an eye on the Argentine market thanks to its geographical proximity, iPlace CEO Matheus Mundstock explained.

• 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.