Investments

Sunday, December 14th 2008 - 20:00 UTC
China stimulus targets five areas; admits slowdown

For the coming fiscal year China will put the bulk of its investment on the development of agriculture, low-cost housing projects, infrastructure, energy conservation and social welfare, according to the Sunday edition of the People's Daily (Communist Party official newspaper).
Monday, December 8th 2008 - 20:00 UTC
EU agrees on need to invest on digital infrastructure

British PM Gordon Brown said more investment is needed in technology and environmentally friendly industries in an effort to tackle the downturn. Brown held Downing Street talks with French President Nicolas Sarkozy and Jose Manuel Barroso, head of the European Commission.
Thursday, December 4th 2008 - 20:00 UTC
British Airways exploring potential merger with Qantas

British Airways announced it is exploring a potential merger with the Australian flag-carrier Qantas Airways. However BA warned there was “no guarantee that any transaction will be forthcoming”.
Tuesday, December 2nd 2008 - 20:00 UTC
Kuwait sovereign fund also interested in Repsol-YPF

The Kuwait Investment Authority, KIA, could rival a bid by Russian oil company Lukoil for the 20% stake in the Spanish oil corporation Repsol.YPF, according to the Finmarket website, which was published in Madrid's ABC newspaper.
Thursday, November 27th 2008 - 20:00 UTC
Investors “priorities” in Latam: Brazil, Mexico, Argentina

Although Chile is considered the market with the most favourable environment for business, only two out of ten Spanish corporations consider it a priority and focus their efforts in Brazil, Mexico and Argentina.
Saturday, November 22nd 2008 - 20:00 UTC
Russian oil giant Lukoil targets Spain's Respsol-YPF

Spanish savings bank La Caixa may sell its 14% stake in struggling Spanish-Argentine energy firm Repsol to Russian firm Lukoil, it said. The sale is tied to the acquisition by Lukoil of a 20% stake held in Repsol by construction group Sacyr Vallehermoso.
Friday, November 21st 2008 - 20:00 UTC
MercoPress: In Spanish and from the South

When we started almost fifteen years ago with the MercoPress project, in English and internet, it was hard to imagine how far we could advance, but with the standing support of our readers who encouraged us all along, we have managed to stamp a name which has become synonymous of news credibility.
Tuesday, November 18th 2008 - 20:00 UTC
Rockhopper: North Falkland basin oil economic at 25 USD

Rockhopper Exploration has reiterated its intention to start drilling over its licenses in the North Falkland basin as soon as rig availability, financing and relevant consents have been resolved.
Sunday, November 9th 2008 - 20:00 UTC
Magallanes/Tasmania universities set to increase close links

The Dean of Tasmania University recently visited Punta Arenas in the extreme south of Chile a special guest of the Magallanes University. The two institutions have close links in Antarctic research and climate change projects.
Thursday, October 30th 2008 - 20:00 UTC
Chavez has his own Chinese built, launched satellite

The first Venezuelan telecommunications satellite was launched Wednesday from the western Chinese province of Sichuan. The 3.1 ton satellite, named after Latin American liberator Simon Bolivar, was built by China at a cost of 406 million dollars and puts Venezuela in the region's space club which includes Brazil and Argentina.