The construction of Uruguay’s second pulp mill, which includes a power plant and port facilities have been authorized following the approval of the Montes del Plata environment policies.
Venezuelan billionaire Gustavo Cisneros is setting up joint ventures with Chinese banks to carry out investment in Latin American commodities industries.
Argentina attracted 40% of all Chinese investments in the region in the last twelve months (June 2010/May 2011) and prospects remain “optimistic” reveals a report from Deloitte.
French oil and gas giant Total completed its 1.3 billion US dollars tender offer to buy a controlling 60% stake in SunPower, a California provider of solar power systems, the two companies announced Wednesday.
A former management board member of Germany’s Siemens AG has been charged with breach of trust for alleged bribery payments made to win a project in Argentina, the Munich State Prosecutors office said this week.
Argentina’s industrial output rose 7.9% on the year in April and was down 0.2% on the month, the country's manufacturers association, UIA, said in a statement. In the first four months of the year industrial output was 9.2% higher than the same period in 2010.
“Self-determination and self-sufficiency” is the Falkland Islands message to the world on the day the Islands commemorate the 29th anniversary of its liberation, said the Falklands’ government representative in London Sukey Cameron, who added Argentina continues with its campaign to claim sovereignty and disrupt the Falklands economy.
Korea’s Hyundai reached an agreement with the Argentine government by which it will compensate its 91 million US dollars surplus on sales to the local domestic market by promoting exports of peanuts, wine, bio-diesel and soy flour to the tune of 157 million US dollars.
Facebook is preparing to file for an initial public offering as early as October or November that could value the popular social networking site at more than 100 billion US dollars, financial news channel CNBC reported this week.
A controversy over land taxes inside the Uruguayan government exposed claims from President Jose Mujica that “meetings are taking place to debilitate his administration and even possibly remove him”