The Argentine business Olmos Group, the owner of the news channel Crónica TV, Diario Crónica, Evolución Seguros, and other companies in the health care business in Argentina, have begun negotiations to buy over Telefónica's Uruguay, the subsidiary announced Wednesday.
Argentina's Coast Guard (Prefecura Naval) is guarding two fishing trawlers at Puerto Deseado in the Province of Santa Cruz as cases of covid-19 erupted among the crews, one sailor having already died of the disease.
China's Ambassador in Montevideo Wang Gang Wednesday underlined his country's open attitude towards a trade agreement either bilateral or en bloc with Mercosur (Argentina, Brazil, Paraguay, Uruguay) when Uruguay or the bloc as a whole are ready.
Uruguay's labour market showed some recovery Thursday as unemployment in March fell to 9.7% from February's 11.1%, according to a report released by the National Institute of Statistics (INE).
Uruguay has managed to keep inflation at 6.8%, which is within the government's target range for the first time in 36 months, it was announced Wednesday.
Uruguay's first “unicorn” (an emerging technology-based company worth over US $ 1 billion) local is reportedly planning to land on Wall Street, according to Bloomberg.
The four founding and still full members of Mercosur - Argentina, Brazil, Paraguay and Uruguay – Friday signed in Montevideo the bloc's electronic commerce accord which had been agreed on at the Common Market Council virtual Meeting last December, it was announced.
The US dollar kept its downward trend against the Uruguayan peso Friday, closing at US $ 1 = UR $ 43.8 for interbank operations, it was reported. In Brazil, the exchange rate fell 0.7% Friday and stood at 5.44 R$ per dollar.
Uruguayan President Luis Lacalle Pou Wednesday announced a gradual return to on-site schooling for a third of nationwide students as of next Monday.
Former Uruguayan President José “Pepe” Mujica was recovering well following an emergency procedure to remove a fishbone from his throat, according to medical sources.