Uruguay

• Tuesday, July 11th 2017 - 19:44 UTC

  Philip Morris ordered to pay Australia millions after losing packaging lawsuit

  

  Tobacco giant Philip Morris has been ordered to pay the Australian government millions of dollars after unsuccessfully suing the nation over its world-first plain-packaging laws.

• Saturday, July 8th 2017 - 10:52 UTC

  Harvard University selling timberland in Uruguay; endowment unloading natural resources assets

  

  Harvard University is trying to sell timberland located in Uruguay worth about US$120 million, including a eucalyptus forest, as the endowment moves to unload natural resources assets to boost the fund’s performance, according to a report from Bloomberg.

• Saturday, July 8th 2017 - 10:12 UTC

  Canning House to host round table with UK ambassadors from Southern Cone

  

  British Ambassadors to the Southern Cone countries, Argentina, Brazil, Uruguay and Chile will be attending Canning House to give round-table briefings on their experiences since their recent appointments to their respective posts. They will present the latest political, economic and business updates from those countries and answer any questions during the closed round-table session.

• Wednesday, July 5th 2017 - 02:29 UTC

  Tabaré Vázquez concerned about Mercosur's political volatility

  

  Uruguayan President Tabaré Vázquez Tuesday said that there are many internal problems in the countries that make up Mercosur, but that he was also “confident” that the main achievement this year will be the free trade agreement with the European Union.

• Tuesday, July 4th 2017 - 02:57 UTC

  Announcement in Madrid: EU-Mercosur deal likely by end of year

  

  European Union (EU) Trade Commissioner Cecilia Malmström said Monday in Madrid that the EU bloc “hopes to announce a political agreement for this Christmas in Buenos Aires” with Mercosur “even though technical aspects remain to be discussed.”

• Saturday, July 1st 2017 - 19:10 UTC

  H & M clothing chain announces Uruguay 2018 landing

  

  The Swedish multinational brand H & M, known for its trendy clothing at affordable prices and which is present in 64 countries with a total of 4.300 stores, Friday announced on its website its plans to open stores in Uruguay and Ukraine by 2018.

• Wednesday, June 28th 2017 - 18:49 UTC

  Takata to continue manufacturing airbags in Uruguay despite bankruptcy

  

  The Uruguayan plant of the Japanese airbag manufacturer Takata, which has filed for bankruptcy protection in the United States and Japan, will continue to operate normally, Takata Uruguay plant manager José Enrique Alonso explained.

• Monday, June 26th 2017 - 21:22 UTC

  'Alive' survivor Coche Inciarte writes his memoirs

  

  José Luis “Coche” Inciarte, one of the 16 survivors from the Uruguayan Air Force Flight 571 crash into the Andes mountains on Friday, October 13, 1972, has published his memoirs, in which he focuses on that life-changing event.

• Wednesday, June 7th 2017 - 07:18 UTC

  Brazilian meat packer Minerva buys JBS plants in Mercosur member countries

  

  The Brazilian meatpacking giant JBS says it has sold its units Mercosur members, Argentina, Paraguay and Uruguay to companies controlled by a rival meat processing company in Brazil. JBS said in a Tuesday securities filing that it sold meat processing plants in the three countries for US$300 million to Minerva in Sao Paulo state.

• Sunday, May 14th 2017 - 00:03 UTC

  UK/Uruguay confirm Antarctic cooperation with Montevideo visit of two BAS research vessels

  

  Two British scientific research vessels coincided in Montevideo in early May at the end of the Antarctic season, in their way back to Southampton. Icebreaker RRS Shackleton and RRS James Clark Ross with sophisticated scientific research equipment and tens of experts in different disciplines spent months in Antarctica and returned to Montevideo, a traditional call port the British Antarctic Survey, BAS.