Stories for 2010

Wednesday, October 20th 2010 - 03:33 UTC
Dilma Rousseff seems back on track and leads with 51% vote intention

The Brazilian ruling party candidate Dilma Rousseff has widened her lead ahead of a presidential runoff vote on October 31, a poll showed, suggesting her campaign may be back on pace after a rough two weeks in which she appeared to be back-pedalling
Wednesday, October 20th 2010 - 03:14 UTC
Strong recovery in Latin America but eye on overheating warns IMF

With many Latin American and Caribbean economies recovering faster than anticipated, the challenge for policymakers is ensuring a moderation in domestic demand to avoid overheating, the IMF said.
Wednesday, October 20th 2010 - 03:10 UTC
Another Indian outsourcing services company moves into Mercosur

Aegis, the outsourcing services arm of steel-to-shipping conglomerate Essar Group on Tuesday said it has signed an agreement to acquire Argentine business process outsourcing firm, Actionline.
Wednesday, October 20th 2010 - 03:06 UTC
US Treasury launches fourth sale of Citigroup common stock

The US Treasury Department said it has launched a fourth sale of 1.5 billion shares of Citigroup Inc common stock under a prearranged trading plan.
Wednesday, October 20th 2010 - 03:02 UTC
Fiat plans to invest 6 billion USD by 2015 in Brazil to boost production

Italy's Fiat will invest 10 billion Reais (USD 6 billion) in Brazil by 2015 in operations that include production of cars, auto parts and agricultural machinery.
Wednesday, October 20th 2010 - 02:58 UTC
Lehman bankruptcy proceedings expenses crossed the billion US dollars

Expenses related to the bankruptcy proceedings of Lehman Brothers Holdings, whose collapse worsened the financial meltdown in 2008, has crossed the 1 billion US dollar mark.
Wednesday, October 20th 2010 - 02:55 UTC
‘The Independent’ smaller brother to cater ‘readers of quality newspapers’

Alexander Lebedev, the Russian oligarch who owns the London Evening Standard and The Independent newspapers, will launch a new U.K. title next week to complement a new Independent format.
Wednesday, October 20th 2010 - 02:49 UTC
UK defence review: “peculiar” sweeping cuts in all forces

Harrier jump jets, the Royal Navy's flagship HMS Ark Royal and planned Nimrod spy planes are to be axed and 42,000 Ministry of Defence and armed forces jobs cut by 2015. Unveiling the strategic defence review, British PM David Cameron said defence spending would fall by 8% over four years.
Wednesday, October 20th 2010 - 02:39 UTC
Baroness Thatcher admitted to hospital for infection treatment

Former British Prime Minister Baroness Thatcher has been admitted to hospital to be treated for an infection. It is understood she has not fully recovered from an illness that prevented her attending Downing Street last week to mark her 85th birthday.
Wednesday, October 20th 2010 - 01:12 UTC
Indian commerce chambers underline Mercosur business opportunities

The potential for expanding trade and investments with Mercosur was underlined by the Federation of Indian Chambers of Commerce and Industry, Fecci, following on last month’s visit to the region by a delegation of Indian business people.