Investments

Thursday, March 20th 2008 - 21:00 UTC
“Severe production deficit” forecasted for soybean

Global 2007-08 soybean harvests will total 221.33 million tons, below forecast consumption of 239.49 million tons, Hamburg-based oilseeds analysts Oil World estimates. This compares to 2006/07 output of 237.79 million tons and consumption of 225.34 million tons.
Thursday, March 20th 2008 - 21:00 UTC
Brazil offering frigates and subs to Middle East

Encouraged by Brazil's resurgent economy, ship builders are making a strong bid to enter the naval market in the region with an array of weaponry including submarines. A leader in naval technology, Rio-based, Emgepron (Empressa Gerencial De Projetos Navais) is displaying its products at the Doha International Maritime Defence Exhibition Conference (Dimdex 2008).
Thursday, March 13th 2008 - 21:00 UTC
Foreign investment in Chile doubles to 15 billion in 2007

The Chile Foreign Investment Committee (FIC) reported Wednesday that foreign investment in Chile almost doubled to 15 billion US dollars in 2007. Meanwhile, foreign direct investment (FDI) grew almost 94%, compared to 2006.
Thursday, March 13th 2008 - 21:00 UTC
Airbus 380 lands in Chile at the end of March for air show

The world's largest passenger aircraft, Airbus 380 will be landing in Chile at the end of the month to participate in the International Air and Space Fair, FIDE.
Wednesday, March 12th 2008 - 21:00 UTC
Brazil is Chile's main direct foreign investment target

Santiago daily La Tercera reported that Brazil has become the top destination for Chilean foreign direct investment in 2007: more than 44% of the Chile's foreign direct investment, 427 million US dollars, was directed towards South America's largest economy.
Tuesday, March 11th 2008 - 21:00 UTC
Exxon has no intention of selling assets in Argentina

Exxon Mobil Corp. said Monday it has no intention of selling its Esso unit refinery, service stations or other assets in Argentina, ending months of speculation about unsolicited purchase offers. Esso has operated in Argentina for more than ninety years.
Sunday, March 9th 2008 - 21:00 UTC
NZ company buys Chile's largest farm in 80 million dollars

A New Zealander company called Manuka has finalized a deal to buy most of Hacienda Rupanco, Chile's largest farm.
Wednesday, March 5th 2008 - 21:00 UTC
Metals war: Billiton after 55 billion loan to bid for Rio Tinto

Mining giant BHP Billiton is talking to an important group of banks for a record 55 billion US dollars loan to back its hostile bid for rival Rio Tinto, it was revealed on Tuesday by banking sources.
Wednesday, March 5th 2008 - 21:00 UTC
Falkland Islands Holdings plc acquisition of Momart

Falkland Islands Holdings PLC (FIH) said it has acquired art logistics and storage company Momart International Ltd for £10.27 million, of which £ 7.78 million is payable in cash and the remaining through the issue of 582,666 shares.
Friday, February 29th 2008 - 21:00 UTC
Canadians investing heavily in Argentine uranium exploration

Canada's Blue Sky Uranium Corp. announced that it has entered into a Letter of Agreement to acquire 100% of the shares of Argentina Uranium Corp., thereby gaining control of over 500,000 hectare uranium land package in Argentina.