Investments

• Thursday, May 19th 2011 - 07:30 UTC

  Uruguay makes presentation in Seoul to attract Korean investors

  

  Uruguay’s sound economic and stable political environment were underlined by the country’s Deputy Minister for Public Works and Transport during a high level business forum to attract investors to Latin American which was held in the capital of South Korea, Seoul.

• Thursday, May 19th 2011 - 07:16 UTC

  Brazil’s purchase of 36 fighter jets will be made in 2012 says Rousseff

  

  Brazilian President Dilma Rousseff revealed this week that the purchase of 36 fighter jets for the country's Air Force and involving billions of dollars but which has been postponed for years will be made in 2012.

• Wednesday, May 18th 2011 - 16:46 UTC

  Argentina’s poor cousin? Not Uruguay

  

  The following piece by Jude Webber writing for the Financial Times explains the different approach by the two neighboring countries to the windfall earnings of the commodities boom.

• Wednesday, May 18th 2011 - 16:05 UTC

  Uruguay to begin marketing sale of 10-year Samurai bonds

  

  Uruguay started marketing a sale of 10-year Samurai bonds guaranteed by the Japan Bank for International Cooperation, according to reports in the Montevideo and Tokyo financial press.

• Tuesday, May 17th 2011 - 15:35 UTC

  Brazilian banks and funds create company to build deep-water rigs for Petrobras

  

  A group of Brazilian banks and funds have created a company called Sete Brasil that will build seven deep-water rigs for state-run oil company Petrobras offshore exploration campaign, Petrobras announced on Monday.

• Tuesday, May 17th 2011 - 15:31 UTC

  Brazil’s Vale wants to become world leader in nickel production

  

  Brazil’s Vale, the world’s leading exporter of iron ore is moving strongly into other minerals with the opening of its first nickel operation in Onca Puma to the southeast of Pará state which is considered one of the largest ferronickel production plants in the world.

• Tuesday, May 17th 2011 - 05:51 UTC

  China ready to increase trade and investments in Brazil but infrastructure lacking

  

  China moved to smooth economic relations with Brazil on Monday, saying it was open to more Brazilian exports and that Chinese firms will broaden their investments in the country.

• Monday, May 16th 2011 - 05:02 UTC

  Beijing promises more trade and investments but Argentina must respect Chinese exports

  

  China Trade Minister Chen Deming promised to further increase bilateral trade with Argentina which last year reached 13.5 billion US dollars but also asked for reciprocity regarding China’s exports.

• Thursday, May 12th 2011 - 06:32 UTC

  BP ups its stake in Brazil’s oil industry and will participate in September’s round

  

  British Petroleum is negotiating opportunities to buy stakes in oil fields in Brazil to accelerate production increases, the head of the company's Brazil division said on Wednesday.

• Thursday, May 12th 2011 - 00:58 UTC

  China tourist group buys 20% stake in Spain’s NH Hotels chain

  

  China's fourth-biggest airline group, HNA Group, has bought a 20% stake in leading Spanish hotel chain NH Hoteles for 431.6 million Euros, NH Hoteles said on Tuesday.