Brazil's greatest living architect Oscar Niemeyer has presented the blueprint for a new project, The Sovereignty Plaza to be built next to the Ministries esplanade in Brasilia. The official opening is scheduled for April 21st, 2010 when the capital city he designed will be celebrating half a century.
Brazil has 43 million Internet users, according to Ibope/NetRatings statistics for the year 2008 published in the business daily Valor. The number of cybernauts could be even greater since the statistics included only people over 16 with Web access from home, workplaces, schools, libraries and Internet cafes, the newspaper said.
Argentine builders stumbled across the wreck of an 18th century Spanish galleon while digging the foundations for a riverside high-rise building in Buenos Aires, archeologists said on Tuesday.
One of Buenos Aires city most exclusive apartments, a lavish flat with five dormitories and three terraces with a 360 degrees view on the fourteenth story is on sale for the modest sum of 6 million US dollars.
Brazil's government managed oil and gas corporation Petrobras will continue to review its massive 2009/2013 investment plan next January on account of the uncertainties and volatility of several markets, said the company in an official release.
Sweden-Finland's Stora Enso paper, pulp and wood giant which, has plans to establish a plant in Uruguay has formally presented a strategic environment assessment plan as part of its forestry exploitation project.
For the coming fiscal year China will put the bulk of its investment on the development of agriculture, low-cost housing projects, infrastructure, energy conservation and social welfare, according to the Sunday edition of the People's Daily (Communist Party official newspaper).
British PM Gordon Brown said more investment is needed in technology and environmentally friendly industries in an effort to tackle the downturn. Brown held Downing Street talks with French President Nicolas Sarkozy and Jose Manuel Barroso, head of the European Commission.
British Airways announced it is exploring a potential merger with the Australian flag-carrier Qantas Airways. However BA warned there was no guarantee that any transaction will be forthcoming.
The Kuwait Investment Authority, KIA, could rival a bid by Russian oil company Lukoil for the 20% stake in the Spanish oil corporation Repsol.YPF, according to the Finmarket website, which was published in Madrid's ABC newspaper.