Investments

• Saturday, March 6th 2021 - 09:49 UTC

  Maersk forecasts 3% world trade growth; regulations a challenge in Mercosur

  

  The shipping company Maersk expects world trade to grow by 3% or more in 2021. The company sees global trade recovering, but there is still a lot of uncertainty about the size of the impact of Covid-19 on the world economy in 2021. So it is implementing a global strategy that positions it for growth in several countries, including Mercosur members.

• Saturday, March 6th 2021 - 09:35 UTC

  Norway's Equinor, YPF and Shell will operate a block in North Argentine basin

  

  Norway's Equinor and YPF have entered into an agreement with Shell to jointly farm-down 30% non-operated interests in the CAN 100 block in the North Argentine basin, offshore Argentina.

• Friday, March 5th 2021 - 08:40 UTC

  Colombia and Peru want to centralize gold purchases to combat illegal extraction

  

  Colombia and Peru are studying the possibility of centralizing gold purchases, in an effort to combat illegal and informal extraction. Colombian President Ivan Duque said his government is considering the move to stymie the role illegal mining plays in fueling a decades-long internal conflict.

• Friday, March 5th 2021 - 08:30 UTC

  American Airlines cancels routes from the US to Montevideo and Santiago

  

  American Airlines has extended the suspension and cancellation of numerous international flights including to regions that have not yet been severely impacted by the coronavirus, such as Latin America. The Fort-Worth-based airline says on 10 March that it is cutting summer international capacity by about 10% and April domestic capacity by 7.5% in response to decreasing demand.

• Thursday, March 4th 2021 - 08:47 UTC

  White House financial support for Merck and Johnson & Johnson to speed vaccine production

  

  White House senior adviser Andy Slavitt told reporters on Tuesday that the federal government is planning to spend US$100 million to help the joint partnership between Merck & Co and rival Johnson & Johnson accelerate vaccine production.

• Thursday, March 4th 2021 - 07:07 UTC

  Argentina and the IMF: Another Default in the Works?

  

  By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.

• Wednesday, March 3rd 2021 - 08:38 UTC

  Producer price inflation in Brazil anticipates Central bank will raise interest rates

  

  Brazil's statistics agency IBGE said on Tuesday the monthly rate of producer price inflation kicked off this year at its second highest, with prices rising across all 24 activities surveyed.

• Tuesday, March 2nd 2021 - 08:20 UTC

  Successful first flight test of pilotless fighter jet, a Boeing and Australian Air Force project

  

  Boeing Co and the Royal Australian Air Force (RAAF) said on Tuesday they had completed the first flight test on a pilotless fighter-like jet designed to operate in conjunction with crewed aircraft.

• Monday, March 1st 2021 - 08:34 UTC

  AstraZeneca sells 7,7% interest in Moderna for a billion US dollars

  

  AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than a billion US dollars after the U.S. biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported.

• Monday, March 1st 2021 - 08:34 UTC

  First totally designed and manufactured Brazilian satellite Amazon-1, successfully launched from India

  

  A Brazilian Earth observation satellite soared to space aboard an Indian rocket late Saturday along with 18 passenger satellites from the United States and India. The Indian Space Research Organization (ISRO) launch, which carried Brazil's Amazonia-1 satellite into orbit, lifted off from the Satish Dhawan Space Centre in Sriharikota, India.