
“Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.

Norway's Spectrum has started a 35,000 km multi-client 2D seismic survey covering 435,000 km2 in the deep waters of Argentina in cooperation with YPF. The survey will provide industry with the first ever detailed seismic grid over this under-explored frontier area of Argentina, allowing for basin-wide studies of the area as well as prospect/lead level interpretation studies for upcoming license rounds.

Facebook is hiring 3,000 people for its community operations team, to help stop hate speech, child abuse and self-harm being broadcast on the website. Chief executive Mark Zuckerberg said it had been heartbreaking to see people hurting themselves and others in videos streamed live on Facebook.

The Federal Reserve announced on Wednesday that it held its benchmark interest rate after a two-day policy meeting, as had widely been expected. And it added that the recent showdown in US growth is likely temporary.

British Overseas Territory of St Helena, an island in the middle of the south Atlantic, celebrated on Wednesday 3 May 2017, when a charter plane carrying 60 passengers landed at St Helena Airport at 1.55pm, helping to reestablish links with South Africa. Another good piece of news was that RMS St Helena, the regular connection with St Helena is scheduled to depart Cape Town on Friday.

British Prime Minister Theresa May on Wednesday accused European Union officials of trying to influence the outcome of United Kingdom's general election through veiled threats.

Argentina paid homage on Tuesday to the 323 crew and officers who lost their lives when the Navy's cruiser General Belgrano was sunk on 2 May 1982, by a British submersible in the midst of the Falklands conflict 35 years ago.

Conservative Party donor David Rowland has thrown in the towel in the Falkland Islands after losing a battle to take control of its key industries. The Rowland´s family investment vehicle, Staunton Holdings Limited has got rid of all its shares in the Falkland Islands Holdings (FIH) after shareholders rejected a takeover, reports the London financial media.

Argentine president Mauricio Macri and Alibaba Executive Chairman Jack Ma signed a Memorandum of Understanding (MOU) on Tuesday in Buenos Aires as a way to open up new trade opportunities and to support merchants that are marketing products on Alibaba's e-commerce platforms.

Brazil's Supreme Court on Tuesday ordered the release from prison of Jose Dirceu, who was convicted of graft-related crimes after serving as cabinet chief of ex-president Lula da Silva. Dirceu has been detained since 2015 in connection to a vast corruption scheme known as Car Wash.