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US attacks Iranian facilities after drone launch by Iran

US attacks Iranian facilities after drone launch by Iran

US forces attacked Iranian coastal radar facilities on Saturday after shooting down drones launched by Iran into the Strait of Hormuz, the US military said, in the latest escalation that complicates efforts to end the war between the two countries. The US military believes the four Iranian drones were targeting regional maritime traffic, a US ...

The cost of living in the country is the second highest within the OECD

The cost of living in the country is the second highest within the OECD

Today the National Administrative Department of Statistics, Danewill publish May inflation data in Colombia, a key figure to understand if the economy continues to accelerate in terms of prices or if it begins to show signs of stabilization. The context arrives marked by a piece of information that has already set off alerts. Colombia was ...

SpaceX promotes its IPO with a video highlighting rockets, AI and space ambitions

SpaceX promotes its IPO with a video highlighting rockets, AI and space ambitions

SpaceX presented its IPO proposal to retail investors on Thursday morning in a video in which CFO, Bret Johnsonexplains the relationship between the business of rockets, satellites and artificial intelligence of the company. The 9-minute presentation is part of the efforts of the company led by Elon Musk to attract retail investors from around the ...

The Panama Canal evaluates water limits to mitigate the impact of El Niño

The Panama Canal evaluates water limits to mitigate the impact of El Niño

The Panama Canal Authority is intensifying its efforts to prepare for extreme weather events caused by El Niño, developing a plan that avoids limiting the type of restrictions on ships that hindered the navigation by the waterway three years ago. “We are managing this El Niño phenomenon from a different perspective,” declared the channel administrator, ...

UBS sells $1.5 billion AT1 bonds after pause in Swiss reforms

UBS sells $1.5 billion AT1 bonds after pause in Swiss reforms

UBS Group AG raised $1.5 billion of additional Tier 1 capital in US dollars, its first foray into the market since Swiss suspended plans to tighten rules on the riskiest type of bank debt. According to a person familiar with the matter who asked to remain anonymous, the lender priced the AT1 bonds, with an ...

SpaceX reserves 5% of its IPO shares for employees and friends

SpaceX reserves 5% of its IPO shares for employees and friends

SpaceX will reserve up to 5% of the shares in its upcoming initial public offering for certain employees and friends and family of its directors, the company revealed in an amended document. The number of Class A shares the company will reserve for its directed stock program is specified in an updated prospectus filed Monday. ...

Peruvian government issued decree to purchase rice for almost US$50 million

Peruvian government issued decree to purchase rice for almost US$50 million

The Government of Peru approved a total extraordinary package of 170 million soles, almost US$50 million at today’s exchange rate, to face the crisis that affects the rice production chain. The measure includes the purchase and free distribution of cereal to vulnerable populations, as well as resources for irrigation infrastructure and support for producers hit ...

Morgan Stanley sees the dollar above $4,000 in the country in the coming months

Morgan Stanley sees the dollar above $4,000 in the country in the coming months

Morgan Stanley He once again put on the table a scenario that always generates concern in Colombia: a dollar above $4,000. In a report on Latin American currencies, the US bank warned that the Colombian peso will continue to be under pressure in the coming months due to political uncertainty, fiscal doubts and an international ...

President of Fancap of Uruguay accused the parkers of "generating panic"

President of Fancap of Uruguay accused the parkers of “generating panic”

The Observer – Montevideo The president of the Federation of Ancap Workers (Fancap), Salvador Sprovier, crossed the Union of Nafta Sellers (Unvenu) for being “generating panic in the population” due to the 24-hour strike announced by the union for this Friday. “The strike is not in the entire federation, it is in the La Tablada ...