Investments

• Monday, October 9th 2023 - 04:15 UTC

  The Fintech Boom in Latin America

  

  After COVID, the trendiest industry in emerging markets has likely been fintech. Financial services have a famously sluggish rate of development, but the pandemic sparked a remarkable digital acceleration that tipped institutions, small and medium-sized companies and even the government toward adopting fintech and making infrastructure investments.

• Monday, October 2nd 2023 - 10:13 UTC

  New Uruguayan airline on the horizon?

  

  Uruguay's Tourism Undersecretary Remo Monzeglio said during the weekend that there were several airlines interested in flying under the flag of the South American country.

• Saturday, September 30th 2023 - 09:58 UTC

  Falklands Rockhopper claims the oil company is in “its strongest position”

  

  The oil and gas exploration company with interests in the Falkland Islands, Rockhopper Exploration PLC, declared a pretax loss in the six months ended June 30 of US$ 2.6 million, from USD749,000 a year prior, as administrative expenses jumped 40% to 2.1 million pounds.

• Wednesday, September 27th 2023 - 08:55 UTC

  New container line linking EU main ports with Brazil, Uruguay and Argentina

  

  ONE (Ocean Network Express) and Cosco Shipping are starting the new LUX container service. This route connects Europe and the Mediterranean with the east coast of South America with weekly stopovers.

• Tuesday, September 26th 2023 - 09:04 UTC

  The 2023/24 cruise season officially takes off in Ushuaia with high expectations

  

  With the arrival of the Magellan Explorer, Ushuaia officially announced the beginning of the 2023/2024 cruise season which is expected to attract 548 vessel calls and some 195,000 visitors to the most southern port of Argentina in Tierra del Fuego province.

• Tuesday, September 26th 2023 - 08:55 UTC

  EC blocks Booking from acquiring eTravel “to protect consumers and ensure competition”

  

  The European Commission blocked US travel giant Booking from acquiring its Swedish rival eTraveli on Monday. Booking commands a 60% market share for online travel agencies in Europe, the Commission said. Meanwhile, eTraveli operates several websites to compare airfares like Gotogate and MyTrip.

• Tuesday, September 26th 2023 - 08:16 UTC

  Argentine armed forces out to get new helicopters

  

  Argentina's Defense Minister Jorge Taiana was reported Monday to have signed a letter of intent with Italian aircraft manufacturer Leonardo for the acquisition of eight AW 109 helicopters for surveillance operations in the South Atlantic and thus strengthen the Navy's patrolling capabilities in the Exclusive Economic Zone (EEZ).

• Monday, September 25th 2023 - 09:55 UTC

  Uruguay's Ancap awards all offshore exploration licenses open for bids

  

  Uruguay's state-run oil company Ancap has awarded all seven offshore oil and gas exploration licenses open for bids to four foreign companies: YPF (Argentina), APA Corp (United States), and Shell and Challenger Energy Group (CEG) (United Kingdom), it was reported in Montevideo.

• Wednesday, September 20th 2023 - 09:28 UTC

  Argos transferring its North Falkland Basin production license to JHI Associates

  

  Argos Resources Falklands said on Tuesday that the government of the Falkland Islands has agreed to the transfer of Argos's PL001 production license interests in the North Falkland Basin to JHI Associates based in Toronto, Canada.

• Wednesday, September 20th 2023 - 09:00 UTC

  French Total planning to drill for gas off shore Tierra del Fuego

  

  France's Total Vice-president said the company will start drilling at the Fenix field off the southern Argentine province of Tierra del Fuego in March 2024 and expects to start production the following November.