Anglo-Australian mining group Rio Tinto announced Monday that its bid to buy Canada's Alcan for 38.1 billion US dollars has been approved by US antitrust authorities.
A leading Brazilian meat industry group Marfrig acquired an abattoir in Tierra del Fuego belonging to a group of cattle farmers from Magallanes Region, reports La Prensa Austral from Punta Arenas. The operation involved 8.5 million US dollars.
Punta Arenas figures as the second most expensive city in Chile behind the capital Santiago, according to the latest report from the Business School of the Universidad del Desarrollo released this week.
Prince William, Prince Harry and Lady Sarah McCorquodale will all give readings at the memorial service for the 10th anniversary of Diana, Princess of Wales's death.
Recovery of Argentine sovereignty over the Falkland/Malvinas islands will not be defined in the short term or near future admitted an advisor from the Argentine Foreign Affairs ministry who warned that such a negotiation needs patience.
This week Professor Dee Boersma and student Elizabeth Skewgar, selected six adult male penguins from rehabilitation centres at two coastal towns in Southern Argentina--San Clemente del Tuyú and Mar del Plata--to carry satellite transmitters during their migration back to their breeding colonies reports www.penguinstudies.org
United Nations is bolstering its assistance through the release of almost 10 million US dollars from an emergency fund and an appeal for nearly 40 million to be launched next week to victims of the major earthquake which rocked Peru on 15 August, one of the world body's top humanitarian officials revealed Friday.
Dampening speculation of a growing rift between the two neighboring countries, Peruvian President Alan Garcia this week traveled to a shared Chilean-Peruvian border area to promote further economic integration between Peru and Chile.
Bolivia's President Evo Morales arrived in Pisco today to distribute 19 tons of medicines, blankets and drinking water, the second visit by a Latin American leader to the disaster area. Colombia's Alvaro Uribe traveled to the area last weekend.
Countrywide Financial Corp Chief Executive Angelo Mozilo said on Thursday the U.S. housing downturn is likely to lead the country into recession, but that the largest U.S. mortgage lender will survive.