Stories for October 16th 2009

Saturday, October 17th 2009 - 05:30 UTC
Stora Enso and Arauco complete acquisition of Ence in Uruguay

Finland’s Stora Enso and Chile’s Arauco have completed the acquisition of the majority of Grupo Ence operations in Uruguay originally announced on 18 May 2009, according to a release this Friday in Helsinki.
Saturday, October 17th 2009 - 05:30 UTC
Falklands’ confirmed as first overseas deployment for Typhoons

The first UK Typhoons to be deployed overseas have reached the Falkland Islands having flown from RAF Coningsby in Britain. They will take over Quick Reaction Alert (QRA) duties from Tornado F3s that will return to Britain later this year.
Saturday, October 17th 2009 - 05:29 UTC
Geithner committed to keep the US dollar as a reserve currency

United States Treasury Secretary Timothy Geithner said the dollar's role as a reserve currency carries special responsibilities, including the need to control inflation and get the nation's finances in order. In an interview on CNBC television, Geithner was asked about the dollar's recent decline and what the Treasury was doing to guard its value.
Saturday, October 17th 2009 - 05:24 UTC
Honduras crisis stalls President Obama expected visit to Brazil and Chile

US president Barack Obama could visit Brazil this year once the US Senate approves the nomination of Thomas Shannon as ambassador before the Brazilian government, announced the head of the Brazilian diplomatic legation in Washington Antonio Patriota.
Saturday, October 17th 2009 - 00:20 UTC
Weekly Penguin News Update

The next 19 days will determine the winners and losers in the Falklands General Election—and the path of the government for the next four years.
Friday, October 16th 2009 - 09:13 UTC
Hong Kong apartment establishes new record price: 57 million USD

A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for 57 million US dollars, thought to be a record price. The five-bedroom home is believed to be Asia's most expensive property - with each sq foot costing 9,200 USD.
Friday, October 16th 2009 - 09:06 UTC
Maradona’s foul reactions turn “hand of God” against him

Argentina’s coach Diego Maradona lashed out angrily at the media for failing to back him during Argentina's roller-coaster ride to last-gasp qualification for the World Cup finals in Montevideo after beating Uruguay one to zero.
Friday, October 16th 2009 - 07:01 UTC
Underwater fibre optic cable to link Key West with Havana

Miami-based Telecommunications Company said it planned to build an underwater fibre-optic cable linking the United States and Cuba, creating the first such line of its type.