The Argentine Congress authorized this week the purchase of the country's air flag carrier Aerolineas Argentinas and subsidiary Austral which are under the control of Spanish tourism group Marsans. But the process is far from over and operational debts keep mounting.
THE next joint oil operators' meeting to be held in the Falklands is scheduled for the first week of May 2009.
The Brazilian group Mafrig has announced that it will begin production of cooked beef for the British market at the old Anglo abattoir in Uruguay, which for decades was the leading beef exporter to the United Kingdom.
Coca Cola the world's largest beverage maker is to buy China's main fruit juice company for 2.4 billion US dollars, the biggest foreign acquisition of a Chinese company. The offer is three times the market value.
The original artwork for The Rolling Stones' iconic lips and tongue symbol has been bought by London's Victoria and Albert Museum.
New Zealand Farming Systems Uruguay today posted a net after tax profit of $US1.6 million ($NZ2.3m) for the year to June 30, boosted by earnings of $US8m from milk sales, at record prices of about US40c a litre.
Brazilian iron ore miner Vale has ordered a dozen of the largest class of ore carriers from a Chinese shipbuilder for 1.6 billion US dollars, aiming to boost business with fast-growing Asian customers.
Bolivia has reached an agreement in principle to purchase the local operations of energy company Royal Dutch Shell PLC as part of President Evo Morales' nationalization push.
Brazil's government managed oil and gas corporation Petrobras signed this week the purchase of ExxonMobil's assets in Esso Chile Petrolera and other associated Chilean companies.
Spain's Marsans is forging ahead with its purchase of 61 Airbus planes despite the looming sale of its subsidiary Aerolineas Argentinas, which was due to take around 40 of the aircraft, a spokesman for the travel firm said on Friday according to press reports from Spain.