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Montevideo, February 22nd 2017 - 17:38 UTC

Investments

  • Thursday, April 12th 2007 - 21:00 UTC

    Al Gore dumps Barrick Gold sponsorship for Chile visist

    Al Gore seminar will be held on May 11th in Santiago.

    Al Gore has dumped financial backing from controversial Canadian mining company Barrick Gold for his upcoming Santiago event “Global Warming and Climate Change: The Time Has Come to Act.” The Academy Award-winning environmentalist distanced himself from any association with the mining company, which owns the controversial Pascua Lama gold mine.

  • Monday, April 9th 2007 - 21:00 UTC

    LAN announces plan to invest US$ 2.6 billion in new planes

    LAN airlines will buy 52 new airplanes over the next five year, increasing their air fleet by 83%. The airline will invest approximately US$ 2.6 billion from 2007 to 2011 to improve services and purchase the new planes. By 2011, LAN will operate 115 planes — 102 passenger planes and 13 cargo planes.

  • Monday, April 9th 2007 - 21:00 UTC

    Botnia pulp mill workers and pickets return to their posts

    An estimated one thousand workers resumed Monday their jobs at the controversial Botnia-Orion pulp mill under construction in Fray Bentos, Uruguay, following the accidental death of a worker last week at the plant.

  • Friday, March 30th 2007 - 21:00 UTC

    Chile leads Latinamerica in information technology

    In a new study released this week by the World Economic Forum (WEF), Chile ranked 31 on a list of 122 countries for efficient use of information and communication technology. Only four Latin American countries made the top 50, of which Chile was the leader.

  • Wednesday, March 28th 2007 - 21:00 UTC

    High speed train in Argentina?

    A French consortium headed by Alstom was the only candidate left in the race for the ambitious project of President Nestor Kirchner's administration of a high speed train linking the capital Buenos Aires with the country's main two cities, Rosario and Cordoba.

  • Wednesday, March 28th 2007 - 21:00 UTC

    Brazilian budget airline GOL takes over full control of Varig

    Brazilian budget airline Gol announced it will buy struggling rival Varig for 275 million US dollars, (98 million cash), once Brazil's proud flag carrier.

  • Monday, March 26th 2007 - 21:00 UTC

    Chavez: China to become top oil client

    Chávez-China Oil Deal May Produce Unsuspected Winners

    President Hugo Chavez said China is set to rival the United States as Venezuela's top oil buyer as he announced new plans with the Asian powerhouse to jointly ship oil, build refineries and expand crude production.

  • Monday, March 26th 2007 - 21:00 UTC

    Sales of new homes in US drops for second month running

    National Association for Bussines Economics

    Sales of new homes in United States dropped for the second month in a row this year, 15.8% in January and 3.9% in February, according to the Commerce Department.

  • Monday, March 26th 2007 - 21:00 UTC

    It's official: Botnia begins pulp production next September

    Botnia offcials Eugenio Garcia and Roland Beare during the press conference

    The Uruguay/Argentina controversy over the construction of pulp mills escalated another step Monday when the Finnish company Botnia, next to Uruguayan government officials, announced in Montevideo the plant would begin production next September, which is a month before presidential elections in Argentina.

  • Friday, March 23rd 2007 - 21:00 UTC

    China chooses Uruguay for its first South America car plant

    880/1.000 cc model known as Chery's QQ

    China's largest domestic automaker announced Friday the opening of an assembly plant in Uruguay with an Argentine partner, marking the first investment by a Chinese company in an auto factory in South America.