Shares in Falkland Islands exploration company Desire Petroleum (DES.L) more than doubled on Wednesday following internet bulletin board speculation of a bid approach for the Falklands focused explorer and an oil find, traders said.
Chile’s flag carrier, LAN Airlines announced Wednesday an agreement to acquire 98.942% of the outstanding shares of Colombian airline AIRES, through the purchase of its parent entities.
With only four days left for the presidential run-off and President Lula da Silva fully involved in the campaign frontrunner Dilma Rousseff consolidated her lead over opposition rival Jose Serra according to the latest Sensus public opinion released Wednesday.
Argentina informed the International Maritime Organization (IMO) of a letter from the United Kingdom referred to missile test firing in the Falklands/Malvinas Islands, which it wishes to circulate among IMO members as a way to warn of the deliberate violation of IMO regulations by the British government.
Former Argentine President Nestor Kirchner (2003/2007), the current president's husband and one of the country's most powerful politicians, died early Wednesday, confirmed state television.
Desire Petroleum plc (AIM:DES), the oil and gas company wholly focused on the North Falkland Basin, is pleased to announce the signing of a contract for marine seismic acquisition services with Polarcus Limited for the use of the seismic vessel MV Polarcus Nadia.
Nouriel Roubini, the New York University professor who predicted the global financial crisis, said the outlook for Argentina’s economy is “cloudy” and GDP is slated to decline in 2011 as the global slowdown may lead to fewer exports.
Argentina's top business groups on Monday openly reacted against legislation backed by the country's largest trade union group that would require companies to share 10% of their annual net profits with employees.
The Argentine Senate finally approved the nomination of Miguel Dante Dovena, a very close advisor of the Kirchner couple as the next ambassador in Uruguay.
Argentina will produce the first batch of enriched uranium for civilian purposes next year as part of the re-launching of its atomic power industry, President Cristina Fernandez de Kirchner said Monday.