Investments

• Tuesday, June 4th 2013 - 05:44 UTC

  Airbus shows off its latest products at 50th Paris Air Show

  

  Airbus is showcasing its latest commercial and military product range at the 50th international Paris Air Show at Le Bourget from June 17th to 23rd, 2013. The latest innovations from the EADS Group will be on display and experts will be available to answer questions.

• Tuesday, June 4th 2013 - 05:07 UTC

  Uruguayan forestry company buys turbines for a 90 MW wind farm

  

  Denmark’s Vestas Wind Systems wind-turbine maker received a 90-megawatt turbine order from Compañia Forestal Uruguaya SA for the Pintado power plant in south centre Uruguay. The 30 3-megawatt turbines project will be serviced by the company for 15 years and the farm is expected to be operational by the second quarter of next year.

• Monday, June 3rd 2013 - 05:08 UTC

  Argentina’s policy on foreign investments keeping businesses away

  

  Concern over Argentina's erratic policy on foreign investments is pushing regional business entrepreneurs toward caution and or keeping them away from South America’s second largest economy. Argentina nationalized Spanish oil major Repsol's majority stake in local energy giant YPF last year, a move that triggered alarm in the international investor community.

• Saturday, June 1st 2013 - 19:03 UTC

  Biden meets Rousseff, underlines the importance of a broader relationship with Brazil

  

  US Vice-President Joe Biden wound up a visit to Brazil on Friday saying it was high time the two largest economies in the Americas became closer partners in trade, investment and energy. He made the statement following a ‘wide-ranging discussion’ with President Dilma Rousseff at the Planalto palace in Brasilia.

• Saturday, June 1st 2013 - 17:34 UTC

  Argentina dollar markets waiting for implementation of the ‘whitewashing bill’

  

  The US dollar in Argentina’s parallel or ‘blue market’ finished on Friday the month of May down 6.4% from the 9.40 Pesos at the end of April, including a slight drop in the last day of trading, that took it to 8.75 Pesos and 8.80 Pesos, buying and selling price.

• Saturday, June 1st 2013 - 17:32 UTC

  Buenos Aires city mayor challenges CFK by launching ‘a price index audited’ by the civil society.

  

  Buenos Aires City Mayor Mauricio Macri launched on Friday a price index to be “permanently audited by the civil society” in Argentina’s capital, in a move that steps up the pressure on the inflation controversy surrounding President Cristina Fernandez administration.

• Saturday, June 1st 2013 - 17:27 UTC

  Argentina insists with self-sufficiency in oil production in four years

  

  Argentine President Cristina Fernández administration agreed with oil-producing provinces and unions from the sector to strictly control the levels of exploration, production, the amount of equipment in use and the total number of jobs in each of the oil fields across the country, with the goal of reaching hydrocarbon self-sufficiency within four years.

• Saturday, June 1st 2013 - 03:38 UTC

  Cristina Fernandez with her mind set on October elections launches the 500 frozen-prices list

  

  The Argentine government has made public the list of the 500 products with ‘frozen prices’, until next October when mid term elections are scheduled. Consumers can check the information online at the website of the state news agency Télam and with the sites of several of the main supermarkets of the country.

• Saturday, June 1st 2013 - 03:23 UTC

  Europe accepts austerity must be less austere amid concerns over stagnant growth

  

  The European Commission has said it will allow some EU member states to slow their pace of austerity cuts, amid concerns over growth. France, Spain, Poland, Portugal, the Netherlands and Slovenia are all being given more time to complete their austerity plans.

• Saturday, June 1st 2013 - 03:17 UTC

  FAO says ‘environmentally friendly farming’ can help quadruple cassava yields

  

  ‘Save and Grow’, an environmentally-friendly farming model promoted by FAO can sustainably increase cassava yields by up to 400% and help turn this staple from a poor people's food into a 21st Century crop, the UN Food and Agriculture organization said.