Investments

Thursday, August 5th 2021 - 07:47 UTC
Chinese lab Sinovac lands in Chile to pack and manufacture vaccines locally

Chinese laboratory Sinovac Wednesday announced it will build a plant in Chile to locally distribute 60 million yearly doses of the Coronavac vaccine against COVID-19 with which to supply other Latin American countries.
Wednesday, August 4th 2021 - 07:03 UTC
Tierra del Fuego fears the significance of Falkland Islands new port

The province of Tierra del Fuego, on Tuesday, denounced UK's construction company BAM Nuttall for operating with no authorization in the Falkland/Malvinas Islands district, currently under British control but over which Argentine claims sovereignty.
Tuesday, August 3rd 2021 - 08:59 UTC
IMF okays SDRs for countries beleaguered under the covid-19 pandemic

The International Monetary Funda's (IMF) Board of Directors Monday approved the disbursement of SDRs for a total amount of US $ 650,000 million as a relief measure amidst the coronavirus pandemic.
Tuesday, August 3rd 2021 - 06:21 UTC
Brazil's Azul signs a one billion dollars deal with German manufacturer for 220 VTOL taxi aircraft

Azul, Brazil's third-largest airline announced on Monday a one billion dollars accord with German manufacturer Lilium for the purchase of 220 of VTOL electric aircraft scheduled to begin operating in 2025.
Monday, August 2nd 2021 - 09:56 UTC
Argentina second worst Latam country in terms of foreign direct investment

Argentina's poor performance in the 21st century when it comes down to direct foreign investment is only surpassed by that of Venezuela; it was reported Sunday by Infobae.
Thursday, July 29th 2021 - 05:02 UTC
Tech companies profits soar to over US$ 50 billion in April/June

Tech companies Apple, Microsoft, and Google owner Alphabet reported on Tuesday combined profits of more than US$ 50 billion in the second quarter of the year. The three companies currently have a combined market value of US$6.4 trillion, more than double their market capitalization when the pandemic started 16 months ago.
Thursday, July 29th 2021 - 04:40 UTC
Falklands agrees further economic support measures for community and businesses

On Wednesday, ExCo agreed a further set of economic support measures for the community and local businesses, in light of the ongoing pandemic.
Wednesday, July 28th 2021 - 08:37 UTC
The 5,600 guests MSC Seashore delivered; inaugural Six Pearls cruise in the Mediterranean

The largest cruise ship to be built in Italy, the MSC Seashore was delivered this week to MSC Cruises. The Fincantieri Monfalcone shipyard is building a sister ship MSC Seascape, which is expected to come into service in early 2022.
Tuesday, July 27th 2021 - 08:56 UTC
Rosatom resumes construction of nuclear reactor in Bolivia

Russia's atomic agency Rosatom Monday resumed construction of a nuclear reactor for the Center for Research and Development of Nuclear Technology (CIDTN) of Bolivia, a project which had been paralyzed in 2019, it was reported.
Tuesday, July 27th 2021 - 07:39 UTC
Chinese currency takes third place in global trade

The Chinese yuan has taken third place among internationally-traded currencies in 2020, according to a Renmin University of China report released over the weekend, which also foresees it may continue to expand.