Investments

Wednesday, October 7th 2020 - 09:45 UTC
Premier Oil absorbed by Chrysaor, becomes the largest independent oil and gas group on London Stock Exchange

Shares in Premier Oil, with interests in the Falkland Islands, soared more than 14% on Tuesday, after the oil explorer agreed with a reverse takeover that will create the largest London-listed independent oil-and-gas group, producing more than 250,000 barrels of oil a day.
Tuesday, October 6th 2020 - 08:19 UTC
China's Didi and WhatsApp team up in Brazil to compete with Uber

Brazilian ride-hailing service 99, controlled by China's Didi Chuxing Technology Co Ltd, has partnered with WhatsApp to accept orders on the chat platform owned by Facebook in a move that would allow users to summon cars without using another app.
Monday, October 5th 2020 - 09:36 UTC
Gibraltar issues Technical Notice on Aviation in the event of no agreement with EU

The Government of Gibraltar has issued a fourth Technical Notice, this time on the subject of Aviation, in the event that there is no agreement on the future relationship of Gibraltar with the European Union.
Monday, October 5th 2020 - 09:31 UTC
The scrap metal yard for cruise vessels, Aliaga in Turkey

At a sea dock in western Turkey, five hulking cruise ships are being dismantled for scrap metal after the COVID-19 pandemic all but destroyed the industry. Cruise ships were home to the some of the earliest clusters of COVID-19 as the pandemic spread globally early this year.
Monday, October 5th 2020 - 09:30 UTC
Argentine navy second state of the art OPV, launched in France

The Argentine navy second Ocean Patrol Vessel, OPV, named ARA Piedrabuena was launched last week in Piriou’s shipyards in Concarneau, France. This is the second of four OPVs acquired by the Argentine navy.
Friday, October 2nd 2020 - 09:01 UTC
Argentine central bank will promote Chinese Yuan for foreign trade negotiations

Argentina's central bank said on Thursday that it would allow a managed float of the peso currency and abandon its current “uniform daily devaluation” strategy as it seeks to adapt its monetary policy amid sharpening economic turmoil.
Thursday, October 1st 2020 - 08:56 UTC
Oscar winning film directors appeal for help for movie theaters: 69% face bankruptcy

Oscar-winning film directors James Cameron, Clint Eastwood and Martin Scorsese joined forces with movie theater owners on Wednesday in an appeal for financial help, saying they feared for the future of the industry.
Thursday, October 1st 2020 - 08:40 UTC
China planning self sufficiency in pork, beef and dairy produce to cut foreign dependency

Bloomberg news agency reports that China, the world's largest producer and consumer of pork in the world, has set a long-term goal to ensure that domestic supply is sufficient to meet 95% of demand.
Wednesday, September 30th 2020 - 09:02 UTC
US Treasury US$ 25bn in loans to support seven large airlines

The U.S. Treasury said on Tuesday it had closed loans to seven large airlines hit hard by the coronavirus pandemic and urged Congress to save tens of thousands of airline jobs by extending billions in payroll assistance.
Wednesday, September 30th 2020 - 08:36 UTC
China factory activity steady recovery in September, but textiles remain with insufficient demand

Factory activity in China improved slightly in September, according to official data published on Wednesday, showing a small rebound in the economy ahead of the week-long National Day public holiday.