Investments

Wednesday, May 11th 2011 - 13:42 UTC
Interest in Falklands oil exploration “on the increase” at AAPG

INTEREST in the Falkland Islands, “is on the increase,” said Director of Mineral Resources Phyllis Rendell who recently attended the American Association of Petroleum Geologists (AAPG) in Houston.
Wednesday, May 11th 2011 - 07:39 UTC
Apple the most valuable brand in the world ends Google’s four year reign

Registering a staggering 84% increase in value over the past year, Apple has emerged as the most valuable brand in the world, ending the four-year reign of Google at the top of the table in the sixth annual BrandZ Top 100 Most Valuable Global Brands study.
Wednesday, May 11th 2011 - 01:34 UTC
Fearing US reaction, Cuba makes public full-scale offshore oil exploration plans

Cuba hopes to counter US worries over its plans to start its first full-scale offshore oil exploration in a rare presentation this week to an energy audience outside the island.
Tuesday, May 10th 2011 - 22:38 UTC
YPF makes large shale oil discovery, equivalent to 6% of Argentina’s reserves

Argentine President Cristina Fernández de Kirchner announced on Tuesday that YPF energy company had made a large shale oil discovery in Neuquén province, a find that she considered to be of extreme importance, since “it will allow for us to maintain and further promote development” throughout the country.
Tuesday, May 10th 2011 - 21:11 UTC
Microsoft buys Skype for 8.5bn USD; targets Google leading position in advertising

Microsoft Corporation agreed to buy Skype Technologies SA for 8.5 billion US dollars in cash to gain the world’s most popular Internet calling service and its 663 million customers.
Tuesday, May 10th 2011 - 09:55 UTC
Brazil considering leasing farm land to foreigners to circumvent sales restrictions

Brazil may start leasing farm land to foreigners to find a way around new legal restrictions on land sales and attract more foreign investment, the agriculture minister said.
Monday, May 9th 2011 - 18:59 UTC
Brazil’s Vale invests 2 billion USD to develop Mozambique vast coal reserves

The world’s largest iron-ore producer, Brazil’s Vale will double investments in Mozambique to 4 billion US dollars in the next four years, said on Monday Chief Executive Officer Roger Agnelli.
Monday, May 9th 2011 - 18:48 UTC
Repsol plans to sell an additional 3% of YPF in the Argentine market

Spain’s oil company Repsol plans to sell up to 3% of YPF on the Argentine market as part of a gradual divestment of its stake in that unit, according to company sources.
Friday, May 6th 2011 - 17:29 UTC
Brazil’s inflation peaks in April, but prices should begin slowing down in May

Brazil’s benchmark consumer price index in April exceeded the upper limit of the government’s target range for the first time since 2005 but officials are confident April was a peak and during May the tendency is for inflation to decelerate.
Friday, May 6th 2011 - 17:24 UTC
Top US grain processors join the ‘bio-fuel refineries rush’ in Brazil

Cargill Inc and the world’s largest grain processor Archer-Daniels-Midland Co, are planning to invest about 560 million US dollars in new bio-fuel refineries in Brazil.