Investments

• Monday, June 16th 2008 - 21:00 UTC

  Germany unveils robot for 6.000 meters sea deep work

  The Leibniz Institute of Marine Sciences from the University of Kiel unveiled on Monday a new sub aquatic robot, ROV Kiel-6000, Remotely Operated Vehicle which can descend to 6.000 meters below sea level.

• Friday, June 13th 2008 - 21:00 UTC

  Brazilian companies, main investors in Argentina since 2004

  

  Brazil has become Argentina's leading investor with growing interests in the country's oil and cement industries, mining and steel, textiles, cosmetics,transport, banks, food and beverages according to a study on the internationalization of Brazilian companies in Argentina.

• Monday, June 2nd 2008 - 21:00 UTC

  Land Rover and Jaguar now belong to Tata from India

  India's top car manufacturer Tata Motors Ltd. Announced on Monday it had completed the 2.3 billion US dollars acquisition of Jaguar and Land Rover. The deal, which was agreed in March, includes all necessary intellectual property rights, manufacturing plants, two advanced design centres in the UK and a worldwide network of sales companies, Tata Motors said in a statement.

• Tuesday, May 27th 2008 - 21:00 UTC

  Australia, Chile agree on comprehensive free trade pact

  Chile's Foreign Affairs Secretary Alejandro Foxley described the formalization of a free trade pact with Australia, which was announced in Santiago and Canberra on Tuesday as “very good news”. The official subscription of the agreement will be signed next July by Chilean minister Foxley.

• Wednesday, May 21st 2008 - 21:00 UTC

  Petrobras orders revive Brazil's shipbuilding industry

  

  Brazil's government managed corporation Petrobras announced plans to order 40 drilling ships and platforms worth an estimated 30 billion US dollars for delivery by 2017. The deep-water drilling ships and semi-submersible rigs will explore for oil and gas in seas up to three kilometers deep.

• Sunday, May 11th 2008 - 21:00 UTC

  Santiago to have world's tallest residential tower

  The Spanish business group Mall announced plans for a 600 million US dollar residential tower for Santiago de Chile, a structure that, once built, will be the world's tallest residential building.

• Sunday, May 11th 2008 - 21:00 UTC

  Airbus and Boeing have a Chinese competitor

  China launched a company to manufacture jumbo passenger aircrafts to challenge the dominance of commercial jet giants Airbus and Boeing in the market for aircrafts with more than 150 seats.

• Friday, May 9th 2008 - 21:00 UTC

  Billiton-Rio Tinto merger could help Falklands' oil plans

  In the event of a successful takeover by BHP Billiton of Rio Tinto the new merged giant would consider selling a 1.5 billion potash project in Argentina which would facilitate developing Billiton oil and gas exploration off shore the Falkland Islands, according to reports in the Australian press.

• Friday, May 9th 2008 - 21:00 UTC

  Record foreign direct investment for Latinamerica in 2007

  

  Foreign direct investment in Latinamerica reached 106 billion US dollars in 2007, overtaking the record 89 billion of 1999, according to the latest release from the United Nations Latin American Commission, CEPAL.

• Thursday, May 8th 2008 - 21:00 UTC

  Ferry-operator to take leading control of Aerolíneas Argentinas

  The head of the main ferry system in the River Plate will be joining the Spanish owned Aerolíneas Argentinas as one of the leading shareholders, once the air carrier has been audited according to reports in the Buenos Aires press.