Investments

• Friday, December 9th 2011 - 06:56 UTC

  Two major Brazilian corporations exchange assets in Argentina and Uruguay

  

  Brasil Foods SA, the world’s largest poultry exporter, said it signed an asset-swap accord with Marfrig Alimentos SA after being ordered to shed some units as part of a regulatory approval for a 3.8 billion dollars takeover.

• Friday, December 9th 2011 - 06:32 UTC

  Falklands’ oilfield development, Rockhopper Exploration next move

  

  Rockhopper Exploration announced Thursday in its interim results statement that the Falkland Islands drilling campaign has been very successful as it has established the Sea Lion discovery as a world-class asset.

• Thursday, December 8th 2011 - 06:31 UTC

  Delta Air moves into the Brazilian market with a stake in Gol

  

  US Delta Air Lines Inc. agreed to buy a 100 million dollar stake in Gol Linhas Aereas Inteligentes SA, Brazil's second-largest airline by market value, and begin booking passengers on each other's jets.

• Thursday, December 8th 2011 - 06:28 UTC

  Ford invests 446m dollars in Brazil to build a new global model

  

  Ford Motor Company announced that it will invest 800 million Reais (446 million dollars) to build a new global model in its Sao Bernardo do Campo plant, the heart of Brazil’s auto industry.

• Thursday, December 8th 2011 - 06:20 UTC

  American Airlines and OpenSkies sign new code-share agreement

  

  American Airlines and OpenSkies, a premium subsidiary of British Airways, American's oneworld® and trans-Atlantic joint business partner, have signed a new code-share agreement that gives American's customers more travel options when flying to and from Europe and OpenSkies customers easier access to major business markets in the United States.

• Tuesday, December 6th 2011 - 18:49 UTC

  Boom of the wind power energy in north-east Brazil: 11.2 MW by 2014

  

  Brazil is going through a wind power boom as production prices fall and government incentives attract a growing number of foreign suppliers. The wind power sector has a current capacity of around 1,400 megawatts, and is expected to grow nearly eight-fold by 2014, according to the Brazilian Association of Wind Energy ABEEolica.

• Monday, December 5th 2011 - 22:20 UTC

  Chilean carrier launches fourth affiliate Lan Colombia

  

  LAN Airlines, Chile’s flag carrier made the official launching of its fourth affiliate under the name of Lan Colombia, becoming the second largest airline in the country with 22 domestic destinations, including Cartagena, Cali and Medellín.

• Wednesday, November 30th 2011 - 09:04 UTC

  China becomes Peru’s main trade partner and a leading investor

  

  Peruvian Prime Minister Salomon Lerner said that China’s direct investments in the country would increase between 30% and 40% in the next two years. China became this year Peru’s main trade partner.

• Tuesday, November 29th 2011 - 17:15 UTC

  Argos steps down from the current Falklands oil exploration round

  

  Argos Resources Limited, the Falkland Islands based exploration company focused on the North Falkland Basin, reported on Tuesday it has decided not to participate in the current drilling campaign in the area with the Ocean Guardian rig, which is now likely to end in December 2011.

• Monday, November 28th 2011 - 21:10 UTC

  Argentina’s Techint moves strongly into Brazil steel business

  

  The Techint Group agreed to pay 5.03 billion Reais (2.7 billion dollars) for a 27.7% voting stake in Brazil’s Usinas Siderurgicas de Minas Gerais to boost access to the largest market for steel in Latin America.