Investments

• Wednesday, February 23rd 2011 - 07:25 UTC

  Brazil’s Bovespa and Shanghai Stock Exchange sign link agreement

  

  The Shanghai Stock Exchange and Brazil's BM&F Bovespa signed this week an agreement that could lead to closer ties between the two. Bovespa said it was looking for cross-listing across both exchanges, although this would not happen immediately.

• Wednesday, February 23rd 2011 - 07:13 UTC

  Indian tractor manufacturer plans to mount assembly plant in Argentina

  

  India’s manufacturer of International Tractors (Sonalika brand) is in advanced negotiations with Argentina-based company Apache for the establishment of a 25 million US dollars assembly plant in the South American country as part of a regional campaign.

• Wednesday, February 23rd 2011 - 07:09 UTC

  Santander selling insurance business in Latam to Swiss company

  

  Switzerland’s largest insurer, Zurich Financial Services, has agreed to pay as much as 2.1 billion US dollars for 51% of Banco Santander’s insurance business in Brazil, Mexico, Chile, Argentina and Uruguay.

• Tuesday, February 22nd 2011 - 07:00 UTC

  Malvinas basin oil exploration scheduled to begin first half of 2011

  

  Repsol-YPF plans to start deepwater exploration off the coast of Tierra del Fuego in the Malvinas basin are expected to begin before the end of the first half of 2011, according to company’s sources.

• Tuesday, February 22nd 2011 - 06:58 UTC

  Pan American Energy, --partly Chinese owned--, keeps expanding in Argentina

  

  Argentina's Pan American Energy will sign a deal later this month to buy Exxon Mobil local downstream unit Esso, turning the company into a fully integrated oil and gas producer. Pan American Energy is a unit of Bridas Corp., which is jointly owned by Argentina's Bulgheroni family through Bridas Energy Holdings and China's Cnooc Ltd.

• Tuesday, February 22nd 2011 - 00:10 UTC

  US offering Brazil “significant technology transfer” in jet fighters operation

  

  Brazil would receive a “significant technology transfer” if it buys US-made fighter jets, a US Defence Department official said, seeking to ease concerns before Brazil selects a winning bidder.

• Monday, February 21st 2011 - 17:25 UTC

  Gold above 1.400 USD and silver at 30 year record as investors take refuge

  

  Gold climbed above 1,400 US dollars an ounce to the highest price in almost seven weeks in London as unrest in the Middle East and North Africa spreads. Silver reached a 30-year high and palladium advanced.

• Monday, February 21st 2011 - 10:07 UTC

  Falkland Islands: Rockhopper Exploration plc 14/10-4 Appraisal Well Spud

  

  Rockhopper Exploration plc (AIM: RKH), the North Falkland Basin oil and gas exploration company, announces that the 14/10-4 appraisal well was spudded at 0040hrs GMT on 19 February 2011.

• Monday, February 21st 2011 - 07:16 UTC

  Repsol-YPF contract UK flagged vessels for Malvinas basin exploration

  

  Repsol-YPF planned exploration for hydrocarbons in the Malvinas basin, off Tierra del Fuego has suffered a major public relations setback following on the Buenos Aires press revelation that the two vessels contracted for the job not only are UK flagged but also have links with the current oil exploration round in Falkland Islands’ waters.

• Friday, February 18th 2011 - 14:42 UTC

  Expanded access facilities planned for Santiago’s international airport

  

  Chile’s Public Works Ministry (MOP) will invest 9.1 million US dollars to remodel infrastructure surrounding Santiago’s Arturo Merino Benitez International Airport in order to reduce traffic and improve experiences for air travellers.