Investments

• Thursday, October 27th 2011 - 16:20 UTC

  Peugeot cuts costs in Europe and announces double production in Brazil

  

  French auto giant PSA Peugeot Citroen plans to double production in Brazil by 2015, part of a global shift towards emerging economies hastened by the downturn in Europe and the United States.

• Wednesday, October 26th 2011 - 05:10 UTC

  Leiv Eirksson oil rig leaves for the Falklands from Greenland next month

  

  When the Leiv Eriksson, a rig built to hunt for oil beneath 10,000 feet of water in the world’s roughest seas, finishes drilling a well off Greenland’s west coast next month, it will sail for its next job -- a prospect 9,000 miles away, south of the Falkland Islands.

• Tuesday, October 25th 2011 - 21:32 UTC

  FDI in Latam expands 41% in 2011 first half; strong support from ‘trans-Latins’

  

  In spite of global financial volatility during the first half of 2011, foreign direct investment (FDI) in Latin America and the Caribbean continued to grow maintaining the 2010 trend, according to a Tuesday release from the UN Economic Commission for Latin America and the Caribbean, ECLAC, in Santiago de Chile.

• Tuesday, October 25th 2011 - 04:11 UTC

  Brazil after billions of dollars to give airports on concession

  

  Brazil’s secretary of civil aviation, Wagner Bittencourt, has confirmed that the government is looking for at least 1.3 billion dollars for the São Paulo–Guarulhos Airport concession.

• Monday, October 24th 2011 - 20:39 UTC

  Rolls Royce to open dealerships in Brazil and Chile to cater the rich and famous

  

  Luxury car company Rolls-Royce is to enter the South American market for the first time. The company, which makes cars at Goodwood in West Sussex, hopes to open dealerships in Brazil and Chile in March.

• Monday, October 24th 2011 - 20:33 UTC

  MAN announces 570m dollars investment to double truck production in Brazil

  

  Volkswagen-owned truck and bus maker MAN will invest 570 million dollars in Brazil from 2012 to 2016 as it aims to double production in Latin America's largest market, local media reported over the weekend.

• Saturday, October 22nd 2011 - 04:29 UTC

  “Closer political links with Brazil” can be expected if CFK is re-elected

  

  The most certain re-election of Cristina Fernandez as Argentina president on Sunday 23 October is expected to signal more intense and closer relations with Brazil, expanding to other foreign affairs issues and working on a shared international agenda according to analysts from both countries .

• Saturday, October 22nd 2011 - 04:26 UTC

  CFK poised for landslide victory and control of the congress on Sunday

  

  Argentine president Cristina Fernandez (CFK) should be comfortably re-elected Sunday with a landslide victory which according to the latest public opinion polls indicate a support ranging from 52% to 55%

• Wednesday, October 19th 2011 - 06:32 UTC

  Argentine farmers promise that “claims from our sector will keep coming”

  

  Argentine Rural Society’s head, Hugo Biolcati, praised the visit President Cristina Fernández made to Coninagro farmers’ federation, but emphasized that “the claims from our sector will keep coming.”

• Tuesday, October 18th 2011 - 07:12 UTC

  Rousseff announces massive investment in urban transport projects

  

  President Dilma Rousseff said Monday that her administration plans to invest 30 billion Reais (17 billion dollars) in urban transportation projects across Brazil.