Investments

Tuesday, February 19th 2008 - 21:00 UTC
Heathrow is Europe's airport with the most delays

The world's busiest airport, London Heathrow, saw more delays than any other major European airport last year - for the second consecutive year according to a report from the Association of European Airlines, AEA, released this week.
Tuesday, February 19th 2008 - 21:00 UTC
On fears of OPEC cut, crude soars to record 101 US dollars

Crude oil rose for a fourth day and closed Tuesday at a record 101.01 US dollars in New York on fears that OPEC might reduce output and growing concern over supplies from Venezuela, Nigeria and Russia.
Sunday, February 17th 2008 - 21:00 UTC
Petrobras orders high seas oil platform costing 1.2 billion

Brazil's government managed oil corporation Petrobras signed on Friday a contract with Single Buoy Mooring (SBM) to build a high seas oil rig to operate at a water depth of 1.246 and which will cost in the range of 1.2 billion US dollars and be delivered in three years time.
Saturday, February 16th 2008 - 20:00 UTC
Petrobras & Pemex consider deepwater G. of Mexico project

Brazil's government owned oil and gas corporation Petrobras has invited Mexico's oil monopoly Pemex to join it as a minority partner in a deepwater exploration project on the US side of the Gulf of Mexico revealed Samir Awad Petrobras executive manager for the Americas, Africa and Eurasia.
Friday, February 15th 2008 - 20:00 UTC
First WTO defeat for China over foreign made car parts

China has experienced its first defeat at the World Trade Organization (WTO), in a case referred to restrictions on the importation of foreign-made car parts. Upholding a complaint from the European Union, Canada and United States, the preliminary WTO finding agrees that current Chinese practice is protectionist.
Tuesday, February 12th 2008 - 20:00 UTC
Falklands' projects in aquaculture confirm industry feasibility

An ambitious multi-field aquaculture project in the Falkland Islands has successfully concluded its first stage and is ready to continue advancing. However Dr. Brendan Gara, Aquaculture Development Manager at the Development Corporation is leaving after having spent two years in the Islands.
Monday, February 11th 2008 - 20:00 UTC
Argentine mining exploration expanded 21% during 2007

Mining exploration in Argentina expanded 21% in 2007 over 2006 with a record 600.000 meters drilled reported in Buenos Aires the Mines Secretariat. Looking back to 2003, exploration activity soared 265% and investments 748% reaching 1.7 billion US dollars.
Monday, February 11th 2008 - 20:00 UTC
Germany, world's leading exporter for the fifth year

Germany was the world's leading exporter for the fifth year running in 2007, staving off a challenge from fast-growing China despite the impact of a strong Euro on its competitiveness. German exports reached 969 billion Euros, 1.4 trillion US dollars in 2007, up 8.5% from 2006, according to Germany's Federal Statistics Office in Weisbaden.
Saturday, February 9th 2008 - 20:00 UTC
Punta Arenas premium beer to the US, UK and Mexico

Chilean brewery Austral from Punta Arenas has announced it will begin exporting to the United States, Mexico and England. The company will market its premium Calafate, Yagun and Patagonia brands in select locations.
Thursday, February 7th 2008 - 20:00 UTC
Battle of giants for control of world's basic minerals

Rio Tinto, one of the world's largest mining firms rejected on Wednesday a sweetened mega merger bid from BHP Billiton worth 147 billion US dollars. If the two companies had merged, a company would have been created that controlled one third of the world's iron-ore market.