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Nov. 19th 2009 - 6:09 pm UTC

Santiago airport expansion and fast train plans unveiled by Chile

Fast train would link airport with downtown Santiago and Valparaiso

The Chilean government this week unveiled two major public transport initiatives aimed upgrading the nation’s transport infrastructure: a third runway and expanded terminal at the Arturo Merino Benitez International Airport (AMB) and a fast train service connecting the airport to the port city of Valparaiso in 2010.

Nov. 19th 2009 - 5:08 am UTC

BG Group plans to invest 20 billion USD to develop oil and gas in Brazil

BG Group plans to invest 20 billion USD to develop oil and gas in Brazil

The president of British Gas Group in Brazil, Nelson Silva said this week that the company plans to invest 20 billion US dollars in the country until 2020.

Nov. 18th 2009 - 10:05 pm UTC

Desalinization plant in north Chile to support iron mining

The 250 million USD project includes the plant and a 120 km aqueduct

CAP, one of Chile’s largest mining companies, announced plans this week to construct a 250 million US dollars desalinization plant to provide water for its iron mining operations in Chile’s northern Atacama area (Region III).

Nov. 13th 2009 - 7:22 am UTC

British Airways/Iberia merger will create Europe’s third largest airline

BA still has to resolve its pension scheme deficit

British Airways and Spanish airline Iberia say they have reached a preliminary agreement for a merger expected to be completed in late 2010. The merger, which must be approved by the European Commission, would create Europe’s third biggest airline. Under its terms, Iberia would take a 45% stake and BA, which last week reported a six-month pre-tax loss of £292m, a 55% stake in the company.

Nov. 10th 2009 - 3:47 am UTC

Welsh couple and syndicate from Liverpool hit £ 90 million jackpot

Names of winners to be revealed on Tuesday

The winning ticket holders of the United Kingdom’s largest-ever lottery prize are a married couple from Newport, in south Wales, and a syndicate from Liverpool. The two tickets will take a £45,570,835.50 share of Friday’s £90m (100 million Euros) Euro-millions jackpot.

Nov. 7th 2009 - 8:16 am UTC

Mining and construction backbone of Chile’s economic recovery

Corporations are again investing

Mining and construction industries have led Chile’s economic recovery, according to a recently released economic report.

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