Chilean flag carrier LAN became the fourth airline in the world – and the first airline in the Americas –to take delivery of a Boeing 787 Dreamliner. The handover ceremony took place at Boeing 787 production line at Everett, state of Washington.
Argentina’s recently nationalized oil and gas corporation YPF announced non conventional oil was discovered in five new wells drilled in the Patagonian provinces of Chubut and Neuquen and anticipated that fuel prices in the country will continue to gradually increase to eliminate the gap with competition.
Argentina’s leader unveiled an ambitious plan Wednesday to support the country’s television and film creators with a new industrial park along the Buenos Aires waterfront that she hopes will be modelled on Hollywood’s studios.
Exxon-Mobil Corp. and Apache Corp. will hold talks with Argentina's YPF next month to discuss further investments in the country's Vaca Muerta shale formation, said a YPF official briefed on the matter.
Standard & Poor’s credit risk rating agency improved the prospects of Paraguay, removing the country from credit-watch where it had been placed with negative implications last June 25 when the political situation that removed Fernando Lugo as president and subsequent suspension of Paraguay from Mercosur.
Brazil's government unveiled a host of new measures on Wednesday aimed at increasing investment and consumption as it expanded efforts to boost a sluggish recovery in the world's sixth-largest economy.
Latin American Minerals Inc., Lampa, announced on Wednesday the delivery of the first gold doré bar produced at its Paso Yobai Gold Project pilot plant in Paraguay, to the Johnson Matthey Ltd. gold refinery in Brampton, Ontario.
Brazil’s energy giant Petrobras said on Tuesday it will deploy the world’s first floating oil terminal capable of refueling tankers on the high seas.
US government sale of weapons soared by over three times in just one year - from 21.4 billion dollars in 2010 to 66.3 billion in 2011, the largest for a single year in the history of the US arms export program, according to a report by the US Congress Research Service.
The Argentine real estate market has witnessed stunning growth over the last decade but growth of the sector appears to have come to an abrupt and dramatic end in the seven months of this year.