Stories for 2013

Thursday, September 5th 2013 - 01:30 UTC
Microsoft buys Nokia mobile phone business to focus on “devices and services”

Microsoft has agreed a deal to buy Nokia's mobile phone business for 5.4bn Euros. Nokia will also license its patents and mapping services to Microsoft. Nokia shares jumped 35% on the news, whereas Microsoft's fell more than 5%. The purchase is set to be completed in early 2014, when about 32.000 Nokia employees will transfer to Microsoft.
Thursday, September 5th 2013 - 01:21 UTC
Chile’s Judges apologize for their passive complicity with the Pinochet regime.

Chile's judges issued a long-awaited apology on Wednesday to relatives of those who sought missing loved ones under the military regime of Dictator Augusto Pinochet only to have courts shrug them off.
Wednesday, September 4th 2013 - 01:36 UTC
Mexico’s Pemex oil company expected to join YPF in developing shale resources

YPF Chief Executive Officer Miguel Galuccio said Argentina’s nationalized energy company is willing to form a partnership with Mexico’s state-run Petroleos Mexicanos to develop shale oil and natural gas deposits in the Vaca Muerta formation.
Wednesday, September 4th 2013 - 01:31 UTC
Brazilean production in all four industry categories down in July

Brazilian industrial output was down 2% in July from June this year. The information was released this Tuesday in the Monthly Industrial Survey by the Brazilian Institute of Geography and Statistics IBGE.
Wednesday, September 4th 2013 - 01:26 UTC
Brazil's inflation tendency again picks up as food and transport prices rebound

Brazil’s twelve-month inflation ended August at its lowest level this year, according to a central bank survey of fourteen economists. This means the 12-month IPCA consumer-price index is likely to weigh in at 6.10% for August, down from 6.27% at the end of July.
Wednesday, September 4th 2013 - 00:36 UTC
Food, education and healthcare rising prices keep Uruguay’s inflation out of target

Uruguay’s inflation in August kept climbing and reached 1.04%, totalling 6.74% in the first eight months of the year and 8.86% in the last twelve months, which is well above the Central bank target of 4% to 6%, according to the latest report from the local Statistics Office, INE.
Tuesday, September 3rd 2013 - 23:53 UTC
Colombia/FARC peace talks at a ‘critical’ stage says government negotiator

Colombia's peace talks with Marxist FARC rebels have reached a “critical” stage, with discussions over the next couple of months a key gauge of whether an end to five decades of war is likely or not, government negotiator Sergio Jaramillo said on Tuesday.
Tuesday, September 3rd 2013 - 23:45 UTC
Leading industrialist tells Cristina Fernandez to abide by the rules of democracy, otherwise it is ‘Chavism’

Deputy Chairman of the Argentine Industrial Union (UIA) Cristiano Ratazzi said that President Cristina Fernández “should leave office once her term ends” because those are the rules of democracy, otherwise it is ‘Chavism’.
Tuesday, September 3rd 2013 - 23:35 UTC
Cristina Fernandez flies to G-20 in Russia on Tango 01, but changes aircraft in Morocco

Argentine President Cristina Fernández left on Tuesday for Russia to attend the G20 summit to begin next Thursday at the Constantine Palace in Saint Petersburg. The president flew on her office’s Tango 01 to Morocco where she changed aircraft to avoid any possible injunction from hedge funds on the presidential transport.
Tuesday, September 3rd 2013 - 23:25 UTC
Blackout leaves half of Venezuela in the dark; Maduro claims an “electrical coup”

President Nicolas Maduro blamed Venezuela’s right-wing opposition for what he called “sabotage” and an ‘electrical coup’ that he said caused blackouts that plunged much of the country into chaos.