Tag: investment

Wednesday, October 30th 2019 - 08:36 UTC
Brazil has become a beacon for Big Oil foreign investment in the energy sector

When oil executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. This signals a dramatic change from only a year ago.
Thursday, October 10th 2019 - 09:47 UTC
Hays Travel to the rescue of Thomas Cook: it is to acquire 555 stores

In a move that could save up to 2,500 jobs, Hays Travel announced on Wednesday that it is to acquire 555 Thomas Cook stores from the Official Receiver. The acquisition, for an undisclosed sum, is a significant step for Hays, which has 190 shops, 1,900 staff, and last year had sales of £379m, reporting profits of £10m.
Monday, October 7th 2019 - 09:47 UTC
Amazon planning a regional data center in Argentina; congress passes bill to attract digital services and nanotechnology

Amazon.com Inc.’s cloud division plans to build a regional data center in a free-trade zone in Argentina, according to Buenos Aires media reports. The Seattle-based company is preparing to invest about US$ 800 million in the project over 10 years and will reap considerable tax benefits by locating the data center in the Bahia Blanca-Coronel Rosales districts of the province of Buenos Aires.
Friday, September 6th 2019 - 08:56 UTC
During Ivanka Trump's visit to Argentina, US announces US$ 400 million investment

The United States has approved a US$400 million highway investment in Argentina as President Donald Trump's eldest daughter Ivanka Trump visits the country on a wider tour of the region.
Thursday, April 11th 2019 - 09:03 UTC
Brazilians are back!! Miami real agents celebrate

Miami real estate agents have one reason to be happy: Brazilian buyers are back as a dominant buyer pool in South Florida, amid an increase in foreign investment. Political turmoil in Brazil and a strong dollar have kept buyers away from South Florida in recent years – until now.
Monday, February 18th 2019 - 09:29 UTC
Macri and business delegation in India for trade, investment and cooperation promotion

New Delhi and Buenos Aires are expected to sign up to eight agreements during President Mauricio Macri’s three-day state visit to India to promote trade, investment and cooperation in several fields including defense, Argentine ambassador Daniel Chuburu said. Macri is accompanied by several ministers, members of Congress and a hundred business leaders.
Friday, January 11th 2019 - 12:24 UTC
Embraer/Boeing marriage receives the blessing from Brazil's government

The Brazilian government on Thursday said it would allow a proposed tie-up between plane makers Embraer SA and Boeing Co to go forward, capping weeks of uncertainty in which President Jair Bolsonaro expressed his hesitation.
Saturday, December 15th 2018 - 08:49 UTC
Apple pledges to build a “Silicon Valley” in Texas: US$ 1bn investment

Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a one-billion-dollar investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it in the state's capital biggest private employer.
Thursday, December 6th 2018 - 08:28 UTC
Mexican president pressing foreign oil companies to show results

Mexico’s newly inaugurated president Andres Manuel Lopez Obrador, AMLO, is turning up the heat on foreign oil companies to show results before he holds new auctions.
Monday, November 19th 2018 - 08:16 UTC
UK promoting trade and investment in Brazil and Chile

British Chief Secretary to the Treasury, Elizabeth Truss visits Latin America to build relationships with Brazil and Chile. Ms Truss visited Brasília, São Paulo and Santiago for bilateral meetings with ministers and will follow-up on the second UK/Brazil Economic and Financial Dialogue (EFD), particularly on infrastructure.