Environmentalists in New Zealand asked the government to halt an offshore oil exploration project being conducted for Brazilian oil giant Petrobras in the wake of the deaths of dozens of penguins, the press reported.
Argentina said on Wednesday it will restrict foreign ownership of farmland. President Cristina Fernández de Kirchner made the announcement during a televised speech at Government House saying she was sending a bill to Congress which will cap land ownership for foreigners.
Chilean fuel and forestry conglomerate Empresas Copec SA will invest a record 1.2 billion US dollars this year, company president Roberto Angelini said on Wednesday, according to local newswire Valor Futuro.
A top level Indian business delegation headed by Minister of state for Commerce and Industry Jyotiraditya Scindia is travelling to Argentina and Uruguay to boost ties with Mercosur, according to the Indo-Asian news agency.
The French energy giant Total and its Argentine partner, Tecpetrol, announced the discovery of a major natural gas find in Aquio in southeast Bolivia.
The Federal Reserve said on Wednesday it will maintain the current rates and is in no rush to scale back its extensive support for the US economy while estimating that the increase in commodity prices (and inflation) is transitory.
Deep-sea searchers picking through wreckage of an Air France plane that crashed off Brazil in 2009 have found a part that held one of the flight's data recorders, but without the memory unit that could provide crucial clues to the crash.
Risk rating agency Standard and Poor's threatened to cut Japan's sovereign credit rating again, warning the huge cost of last month's devastating earthquake will hurt already weak public finances unless bickering politicians can agree to raise taxes.
The White House released copies of President Barack Obama's original long-form birth certificate Wednesday, seeking to put an end to persistent rumors that he was not born in the United States.