Chilean airline LAN has exceeded all expectations with a 158.9% rise in second-quarter net profits, as compared with the same period last year.
Paraguayan farmers are hoping to cash in on a low-calorie sweetener being made by the Coca-Cola Co from a native plant long prized by indigenous people in one of South America's poorest countries.
The Argentine Rural Society kicks off Thursday its 121st show at the grounds in Palermo, Buenos Aires City, at a time when the farming sector is undergoing a bonanza with high international commodity prices, but also a number of domestic issues that have caused numerous protests over the last year.
Chile's relatively small concentration of fertile land has forced its forestry companies to look closely at other Latin American countries for expansion. Forestry companies have started to set their sights on a host of other countries, including Brazil, Argentina, Uruguay, and Venezuela
Three days after Brazil's worst air accident president Luiz Inacio Lula da Silva addressed the nation and promised that in 90 days he will be announcing the construction of a new airport for the city of Sao Paulo.
Bolivia signed a 2.1 billion US dollars mining deal with Indian company Jindal Power & Steel Ltd. after more than a year of negotiations for the exploitation of vast iron deposits near the Brazilian border.
Uruguay' flag carrier PLUNA, recently associated to a private consortium announced a fourth weekly flight Montevideo Madrid and the signing of a contract for the delivery of seven medium-ranges Canadian Bombardiers CRJ900 NextGen, plus the option for another eight.
The first 300 units of the so called anti imperialist automobile, jointly produced by Venezuela and Iran were delivered this week in Caracas to recent graduates of the Venezuelan Military Academy.
The first bid in a 5.2 billion-dollar project to widen the Panama Canal was issued on Friday to a Panamanian company, officials said.
The Brazilian government will spend 1.7 billion dollars to bring running water and other basic services to Rio de Janeiro slums to counter drug gangs that control many of the poor areas, announced President Luiz Inácio Lula da Silva.