British Airways is on the verge of joining forces with Spanish carrier Iberia after revealing both companies' boards' unanimously support an all-share merger. In a statement British Airways said it was in talks with Iberia with a view to an all-share merger of the two companies.
Uruguay will be complying Monday with its final written presentation in The Hague on the Botnia pulp mill construction dispute with Argentina that alleges Uruguay ignored water joint management agreements.
Canada's Methanex, the world's main producer of methanol, is planning to convert coal into natural gas to supply its huge complex in the extreme south of Chile which has been working below capacity precisely because of insufficient gas, said the corporation's CEO Bruce Aitken.
Ten diamonds ranging in size from 0.002 to 0.04 carats have been discovered in the north east of landlocked Paraguay, reported Latin American Minerals Inc., a mineral exploration company focused on the acquisition and development of properties of highly prospective countries of the region.
Argentina announced Thursday it had reached an agreement with the Spanish group Marsans for the transfer of the country's main airline Aerolíenas Argentinas and its subsidiary Austral to the Argentine state.
Rafael Correa, the Ecuadorian president, and Hugo Chavez, his Venezuelan counterpart, have entered into an agreement to build the biggest oil refinery on South America's Pacific coast.
In the immediate future, Latinamerica must invest between 150 and 200 billion US dollars a year in infrastructure in order to boost economic growth and reduce poverty, World Bank Vice President, Pamela Cox said in Lima, Peru.
Brazil launched the process to buy at least 36 fighter jets as part of a broader plan to modernize its Air Force and in keeping with neighbors that are also in the process of overhauling their fleets.
Monday June 30 marks the day Microsoft has stopped selling its Windows XP operating system to retailers and major computer makers, clearing the way for the system and successor, Vista.
The cost of maintaining the Queen rose by £2 million to £40 million last year. The 5.3% rise - twice the rate of inflation - was blamed by palace officials on increased maintenance costs on royal residences and higher travel costs, up £400,000 to £6.4 million.