Investments

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.
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.