Tag: South America

• Thursday, August 30th 2018 - 08:55 UTC

  LATAM plans to replace 1.200 airport based employees in Brazil

  

  Chilean airline LATAM has plans to lay off some 1,200 airport-based employees in Brazil and replace them with workers from a services company in an apparent cost-cutting measure, according to a report in O Estado de S. Paulo on Wednesday. LATAM confirmed there would be redundancies but would not give an exact number.

• Tuesday, August 28th 2018 - 09:07 UTC

  Women’s economic empowerment discussed at OAS with Ivanka Trump

  

  The Inter-American Council for Integral Development of the Organization of American States (OAS) today organized a meeting that featured Secretary General Luis Almagro, White House Advisor Ivanka Trump and the President and CEO the Overseas Private Investment Corporation (OPIC), Ray W. Washburne, to discuss “Financial Empowerment of Women for the Sustainable Social and Economic Development of the Americas.”

• Tuesday, August 21st 2018 - 08:25 UTC

  Latam announces 2Q results; currencies' turbulence has hit shares, down 25%

  

  With this year's sell-off in emerging markets assets hasn't just dented investor returns and confidence, but also weighed heavily on global companies with exposure to developing economy currencies. One that is LATAM Airlines, by far South America's biggest carrier and among the world's largest by network connections.

• Wednesday, July 11th 2018 - 08:47 UTC

  China confident it can replace US soybeans with supplies from South America

  

  China can increase soybean imports from other countries to reduce reliance on buying from the United States, the president of state grains trader COFCO said in an interview with the Communist Party’s official People’s Daily paper on Wednesday.

• Tuesday, June 12th 2018 - 08:13 UTC

  Dairy prices push the FAO Food Price Index up in May

  

  Global agricultural food commodity prices rose in May, with dairy prices jumping significantly. The FAO Food Price Index averaged 176.2 points during the month, up 1.2% from April.

• Friday, April 6th 2018 - 09:31 UTC

  Chile and Argentina open offshore project, east of Magellan Strait to increase gas and oil production

  

  The state-run energy firms of Chile and Argentina said on Wednesday they had inaugurated a US$ 354 million project to increase production of natural gas off the southern tip of South America.

• Tuesday, April 3rd 2018 - 09:15 UTC

  American Airlines launches nonstop flight between Los Angeles and Buenos Aires

  

  American Airlines will launch its first-ever nonstop flights between Los Angeles International Airport and Ezeiza International Airport in Buenos Aires, as part of a broader expansion in service to Mexico and South American destinations.

• Wednesday, March 7th 2018 - 09:16 UTC

  NASA satellites help discover super-colony of Adelie penguins in Antarctica Danger Islands

  

  A thriving “hotspot” of 1.5 million Adelie penguins, a species fast declining in parts of the world, has been discovered on remote islands off the Antarctic Peninsula, surprised scientists. The first bird census of the Danger Islands unearthed over 750,000 Adelie breeding pairs, more than the rest of the area combined, the team reported in the journal Scientific Reports.

• Thursday, February 22nd 2018 - 09:20 UTC

  US share of global sales of soybean and grains to shrink as South American competition grows

  

  The U.S. Department of Agriculture sees U.S. corn and soybean exports generally increasing over the coming decade but the U.S. share of global sales will shrink as competition from South American producers heats up, the government said in its annual report.

• Friday, February 9th 2018 - 19:58 UTC

  Cancelled Machu Picchu airport triggers international dispute between Peru and contractors

  

  The Peruvian-Argentine consortium Kuntur Wasi said that it plans to sue Peru in an international arbitration court after failing to reach a deal with the government over the cancellation of its US$525 million Chinchero airport project.