Investments

• Tuesday, November 3rd 2020 - 08:50 UTC

  Chile's economy activity drops 5,3% in September year on year, but grows 5,1% from August

  

  Chile’s economic activity sank 5.3% in September year-on-year but grew 5.1% from the previous month, the central bank said on Monday, as the world’s no. 1 copper producer emerged from the worst period of the coronavirus pandemic.

• Tuesday, November 3rd 2020 - 08:20 UTC

  Brazil launches network on Artificial Intelligence applied to the auto industry and agribusiness sectors

  

  The Brazilian government has announced the launch of a national innovation network focused on artificial intelligence (AI) with the aim of increasing the production capacity and competitiveness of local companies.

• Friday, October 30th 2020 - 13:00 UTC

  Argentina and Mexico “vote” for Biden and delay nominations at IDB until after the US election

  

  Mexico and Argentina have delayed a key meeting of the Inter-American Development Bank until after the Nov. 3 U.S. election, delivering an early setback to plans by the bank’s new U.S. chief to install vice presidents from smaller countries.

• Thursday, October 29th 2020 - 09:20 UTC

  Major US funds involved in Amazon degradation and indigenous rights violations, claim environmental groups

  

  Major US financial firms are helping fund environmental destruction and indigenous rights abuses in the Amazon with billions of dollars in investments in questionable companies, according to a report published on Tuesday.

• Thursday, October 29th 2020 - 09:10 UTC

  Brazilian government borrowing jumped to second highest record in September

  

  Brazilian government borrowing jumped to its second-highest on record in September, Treasury figures showed, meaning Brazil issued more debt in the first nine months of this year than the whole of last year.

• Thursday, October 29th 2020 - 08:39 UTC

  Brazil has a super port in the southern state of Rio Grande do Sul

  

  After two years of dredging works using a federal investment of R$ 500 million, (some 80 million dollars) the Port of Rio Grande – the main port in the southernmost Brazilian state of Rio Grande do Sul – will be able to receive vessels of up to 366 meters in length. This is because the port’s new draft, (15 meters) was officially approved on October 26th.

• Wednesday, October 28th 2020 - 09:06 UTC

  Guyana extends Noble Corporation drillship rig contract 6,5 years to August 2030

  

  Noble Corporation plc's ultra-deepwater drillship Noble Tom Madden has received about 6.5 years of additional contract term under the commercial enabling agreement (CEA) with ExxonMobil for work offshore Guyana.

• Tuesday, October 27th 2020 - 08:41 UTC

  Falklands awards extension of oil licenses until 2022 to Borders & Southern

  

  Oil company Borders & Southern Petroleum said it has been granted an extension to its Falkland Islands licenses.

• Saturday, October 24th 2020 - 08:52 UTC

  Argentine Congress discussing fiscal incentives to prop the construction industry

  

  Argentina´s economy ministry said it had sent the country´s Congress a bill to spur construction activity through tax and fiscal incentives, an effort to create jobs and boost investment in an economy ravaged by the coronavirus pandemic.

• Friday, October 23rd 2020 - 08:55 UTC

  Argentina plans US$ 1,5bn subsidies to resurface Vaca Muerta output: “cheaper than importing LNG”

  

  Argentina’s cash-strapped government says it can find US$ 5.1 billion to give to natural gas drillers in a bid to resurface the country’s Vaca Muerta shale patch and prevent a jump in imports of the fuel.