Intercontinental-Exchange agreed an 8 billion dollars deal to buy New York Stock Exchange owner NYSE Euronext, propelling the commodities player into the big league of European derivatives and helping it to take on arch rival CME Group.
Argentine dissident organized labour concentrated at the emblematic Plaza de Mayo and claimed the government of Cristina Fernandez was applying IMF recipes by halting wage hikes for workers and called on the Lady to address inflation and rampant crime.
The Argentine Navy flagship ARA Libertad set sail for Mar del Plata on Wednesday four days after a UN court ordered its release from the Tema port in Accra, Ghana, following a 77 day embargo (since 2 October) due to a claim by vulture fund NML Capital.
US Chevron and Argentina’s nationalized YPF signed a partnership to on Wednesday to invest 1 billion dollars to develop the shale-oil reserves of Vaca Muerta in the hydrocarbons rich Patagonian province of Neuquén.
The Falkland Islands Government Chief Executive, Keith Padgett, Commander British Forces, Brigadier Bill Aldridge and Paul Wilson from the Defence Infrastructure Organisation have signed a Memorandum Of Understanding (MOU) for the construction of a new wind farm at Mare Harbour.
Swiss banking giant UBS has agreed to pay 1.5bn dollars to US, UK and Swiss regulators for attempting to manipulate the Libor inter-bank lending rate. It becomes the second major bank to be fined over Libor after Barclays was ordered to pay 450m to UK and US authorities in the summer.
A combined operation involving police forces from Peru, Spain, US Secret Service and Europol dismantled on Wednesday a counterfeit banknote print shop in Lima and arrested one suspect.
A state of the art dairy farm with 8.000 milking cows that will export powder milk, create 300 qualified jobs and generate its own energy from the animals’ dung is scheduled to open its first phase next April in Durazno, Uruguay.
Brazilian president Dilma Rousseff is planning to visit Mexico in early 2013 taking advantage of the good chemistry with the new leader Enrique Peña Nieto, and with the purpose of re-launching the deteriorated relations between the two main economies of Latinamerica.
The Brazilian central bank reduced reserve requirements on short dollar positions held by local banks as it steps up efforts to buoy the Real, the worst performing major currency this year.