Investments

Sunday, January 25th 2009 - 20:00 UTC
Petrobras ignores crisis and increases investments 55%

At a time when large raw materials companies around the world are cutting back budgets in the face of falling prices and demand Brazil's government managed oil and gas corporation Petrobras announced a 55% increase in its five year investment plan.
Tuesday, January 20th 2009 - 20:00 UTC
Fiat and Chrysler team up to face global car sector purge

Italian carmaker Fiat and US giant Chrysler have agreed to create a global strategic alliance, the companies said in a statement. Under the terms of the deal, Fiat will get a 35% stake in Chrysler. In return, the US firm will get access to Fiat's fuel-efficient vehicle technologies.It is hoped the agreement will lead to “substantial” savings for Chrysler.
Monday, January 19th 2009 - 20:00 UTC
Ecuador closer to Iran which promised 200 million USD loan

Iran will loan more than 200 million US dollars to Ecuador and will study several investment projects in the country, Ecuador's President Rafael Correa announced during his Saturday radio and television program.
Monday, January 12th 2009 - 20:00 UTC
Falklands conflict trophy up for auction in Oxford

A battle trophy taken from a patrol boat after the Argentine surrender of the Falkland Islands conflict in 1982 is expected to reach hundreds of pounds at auction, reports The News from Portsmouth.
Sunday, January 11th 2009 - 20:00 UTC
Brazil's capital readies for the fiftieth anniversary in 2010

Brazil's greatest living architect Oscar Niemeyer has presented the blueprint for a new project, “The Sovereignty Plaza” to be built next to the Ministries esplanade in Brasilia. The official opening is scheduled for April 21st, 2010 when the capital city he designed will be celebrating half a century.
Friday, January 9th 2009 - 20:00 UTC
Brazil plans internet access for 26% of the population

Brazil has 43 million Internet users, according to Ibope/NetRatings statistics for the year 2008 published in the business daily Valor. The number of cybernauts could be even greater since the statistics included only people over 16 with Web access from home, workplaces, schools, libraries and Internet cafes, the newspaper said.
Wednesday, December 31st 2008 - 20:00 UTC
Builders unearth 18th century galleon in Buenos Aires

Argentine builders stumbled across the wreck of an 18th century Spanish galleon while digging the foundations for a riverside high-rise building in Buenos Aires, archeologists said on Tuesday.
Monday, December 29th 2008 - 20:00 UTC
Buenos Aires flat with 360 degrees view on sale for 6m USD

One of Buenos Aires city most exclusive apartments, a lavish flat with five dormitories and three terraces with a 360 degrees view on the fourteenth story is on sale for the modest sum of 6 million US dollars.
Saturday, December 20th 2008 - 20:00 UTC
Petrobras reviewing 112 billion USD five year investment plan

Brazil's government managed oil and gas corporation Petrobras will continue to review its massive 2009/2013 investment plan next January on account of the uncertainties and volatility of several markets, said the company in an official release.
Tuesday, December 16th 2008 - 20:00 UTC
Uruguay: global pulp company presents strategic project

Sweden-Finland's Stora Enso paper, pulp and wood giant which, has plans to establish a plant in Uruguay has formally presented a strategic environment assessment plan as part of its forestry exploitation project.