Tag: industry

Thursday, July 5th 2018 - 08:16 UTC
Brazil industrial production plummets in May on truckers strike

Industrial output in Brazil plummeted in May at the sharpest pace in a decade, highlighting the deep impact of a nationwide truckers' strike in the final weeks of that month. Production fell 10.9% from April, government statistics agency IBGE said on Wednesday, the largest decline since December 2008.
Saturday, June 16th 2018 - 11:18 UTC
Brazil's industries lobby, FIESP, ready to join a presidential ticket

Brazilian presidential candidate Ciro Gomes has sounded out steelmaking tycoon Benjamin Steinbruch as a possible vice presidential running mate in October and allegedly he would join the ticket if invited.
Wednesday, June 6th 2018 - 08:38 UTC
Brazil industrial production returned to positive growth during April

Brazilian industrial production increased 0.8% in April, marking a return to positive growth after dropping by 0.1% in March, the government announced on Tuesday. According to the report by Brazil's statistics bureau, IBGE, the industrial sector has grown 4.5% so far in 2018.
Tuesday, January 16th 2018 - 09:27 UTC
Fifteen years of success for Airbus; backlog of 7.265 aircraft at the end of 2017

Airbus’ Commercial Aircraft deliveries in 2017 were up for the 15th year in a row, reaching a new company record of 718 aircraft delivered to 85 customers. Deliveries were more than 4% higher than the previous record of 688 set in 2016. The 2017 total comprises: 558 single aisle A320 Family (of which 181 were A320neo – an increase of 166% over 2016); 67 A330s; 78 A350 XWBs (up by nearly 60% from 2016) and 15 A380s. Furthermore, to cap this resounding annual production achievement, Airbus achieved 1,109 net orders from 44 customers. At the end of 2017 Airbus’ overall backlog stood at 7,265 aircraft valued at US$1.059 trillion at list prices.
Saturday, January 6th 2018 - 09:45 UTC
Argentine stock market reaches a new record, 13th session running of gains

Good and not so good news from Argentina. Merval, the main index of the Buenos Aires Stock Exchange, rose 0.79% to 32,505.59 points on Friday, a new settlement record that marked the 13th consecutive session of gains to the Argentine stock market. Merval had a weekly gain of 7.11%.
Saturday, January 6th 2018 - 09:42 UTC
Brazilian industrial production rose in November for the third month running

Brazilian industrial production rose 0.2% in November from a month before, at the same rate as in September and October, surprising market analysts who expected stability. It was the third monthly increase in a row in the industrial output.
Thursday, December 28th 2017 - 09:44 UTC
Latin America has started to look seriously at Indian economy and opportunities By R. Viswanathan

Latin America's GDP growth is projected to increase to 2.2% in 2018 from 1.3% in 2017. The Pink Tide has receded for the moment, giving rise to more centre right governments in the region. In 2018, Brazil, Mexico, Colombia, Costa Rica, Paraguay and Venezuela will have presidential elections. Venezuela’s political and economic tragedy could get worse.
Saturday, April 24th 2010 - 07:20 UTC
Argentine Industrial Production Up 10.65 in March Over a Year Ago

Argentine industrial output surprised market expectations in March, powered by an increase in auto production, the latest sign of a strong rebound in Latin America's number three economy.
Friday, April 23rd 2010 - 03:17 UTC
Forced by pickets Peru suspends 90 days controversial mining project

Protesters in the southern Peruvian province of Islay ended their six-day general strike after the government agreed to temporarily suspend a controversial mining project.
Friday, April 23rd 2010 - 01:40 UTC
Chile’s nationalized copper company taps private sector CEO

Chile’s nationalized copper company—and the largest copper company in the world—has a new CEO. Diego Hernández Cabrera, a current executive with International mining giant BHP Billiton, was appointed unanimously this week as CEO by Codelco’s board of executives.