Investments

Thursday, May 6th 2021 - 23:59 UTC
Falklands economy boasts healthy trade surplus but income inequality increases

The value of goods exported from the Falkland Islands recorded a compound annual growth rate of 8.1% between 2010 and 2019, according to the Falkland Islands Government’s State of the Economy report.
Wednesday, May 5th 2021 - 08:40 UTC
IATA: Air cargo down in Latin America but grew elsewhere; passenger travel still far behind

The airlines of Latin America suffered a 23.6% slump in their cargo operations in March, against the same month of 2019, the International Air Transport Association (IATA) reported Tuesday.
Wednesday, May 5th 2021 - 06:42 UTC
Chinese vaccine developer eyes production in Chile

China's Sinovac Biotech laboratory is reportedly evaluating the possibility of manufacturing the immunizer in Chile in a joint effort with the local Pontifical Catholic University, Rector Ignacio Sánchez said in a newspaper interview published Tuesday.
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.