Investments

• Friday, July 1st 2011 - 06:29 UTC

  Australian MPs plant to limit purchase of prime farmland by foreigners

  

  Australian lawmakers are demanding a review of foreign investment rules to stop foreign mining companies, including those from China, buying up prime farmland.

• Friday, July 1st 2011 - 01:38 UTC

  Beijing-Shanghai high speed train link begins commercial operations

  

  High speed trains linking Beijing and Shanghai made their commercial debut on Thursday on a 33 billion US dollars track China hopes will open a new page to the country’s rail history and help ease its overloaded transport system.

• Thursday, June 30th 2011 - 21:07 UTC

  French food giants battle over Brazil’s number one retailer

  

  Two French food giants are locked in a battle to take over Brazil's number one retailer, Grupo Pao de Acucar. Proposals to merge Pao de Acucar with the local operations of Carrefour are opposed by rival Casino, which already has a stake in the Brazilian group.

• Thursday, June 30th 2011 - 17:42 UTC

  Colombian group takes over Uruguay main supermarkets chain, Disco and Devoto

  

  France’s Casino Guichard-Perrachon Colombian retailing branch, Exito announced the signing of a share purchase agreement for the acquisition of Casino' majority stakes in Uruguay’s main supermarket chain Disco and Devoto in an operation involving 746 million US dollars.

• Monday, June 27th 2011 - 07:25 UTC

  Falkland Islands: Rockhopper 14/10-5 Appraisal well update – flow test result

  

  Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, is pleased to provide the following update on the flow test carried out at well 14/10-5. * Well flowed at commercially viable rates. * Well flowed at stabilised rates of 5508 stb/ * l achieved a maximum stabilised flow rate of 9036 stb/d

• Monday, June 27th 2011 - 05:26 UTC

  Three risk rating agencies have Colombia with investment grade

  

  Fitch Ratings raised Colombia to investment grade last week, becoming the third Wall Street agency to elevate the country this year to the coveted status, opening the door to a broader range of investors.

• Friday, June 24th 2011 - 22:15 UTC

  Malaysia’ AirAsia sings 18.5bn USD contract for 200 A320neo

  

  Malaysia’s AirAsia signed an 18.5 billion US dollars landmark deal for 200 A320neo Airbus, with an option for another 100, making AirAsia the biggest airline customer for the European corporations for the single-aisle product line worldwide.

• Friday, June 24th 2011 - 19:46 UTC

  Potassium mining project that could make Argentina top exporter is suspended

  

  The government of the Argentine province of Mendoza is studying documents presented by Vale that could allow the Brazilian miner to continue with a 4.6 billion US dollars potassium project, said an official in Mendoza.

• Thursday, June 23rd 2011 - 08:48 UTC

  LAN becomes best Airbus client in Latam: it ordered 20 Airbus A320neos

  

  Chile’s LAN Airlines has placed a firm order at the 49th Le Bourget Airshow for 20 eco-efficient Airbus A320neos as part of its expansion strategy and fleet-renewal program. The aircraft are expected for delivery 2017/2018.

• Thursday, June 23rd 2011 - 00:21 UTC

  Zamin Ferrous project in Uruguay to be submitted to referendum, says President Mujica

  

  President Jose Mujica said that Swiss-based Zamin Ferrous iron-ore project feasibility study for an 18 million mt/year project has not been approved and given the controversy that has surfaced he supports the idea of holding a referendum on the project.