Investments

• Wednesday, May 30th 2007 - 21:00 UTC

  Brazilian group becomes world's leading meat packer

  The Brazilian group JBS, which is the leading beef exporter of Latinamerica announced this week the purchase of Swift & Co., the third largest fresh meat (beef and pork) packer in the United States, thus becoming the world's leading meat packer.

• Friday, May 25th 2007 - 21:00 UTC

  Shopping centre industry rapidly expanding in Latam

  

  From Argentina to Venezuela, the shopping centre industry is expanding rapidly throughout much of South America, said speakers at a special focus on the continent at the ICSC Spring Convention, which concluded this week in Las Vegas.

• Wednesday, May 23rd 2007 - 21:00 UTC

  Toyota launches two fuel-flexible Corolla models in Brazil

  

  Toyota is launching cars that run on ethanol and gasoline in Brazil amid growing popularity of fuel-flexible vehicles in the nation.

• Tuesday, May 22nd 2007 - 21:00 UTC

  BA in group seeking to buy Spain's Iberia for 3.4bn euros

  

  British Airways is expected to announce on Tuesday that it is joining a consortium led by Texas Pacific Group, the US private equity firm, to explore a takeover bid for Spain's Iberia airline.

• Tuesday, May 22nd 2007 - 21:00 UTC

  Spain investigating if recovered treasure was from its waters

  

  Spain is investigating whether one of the world's biggest-ever finds of sunken treasure was plundered from its waters or from a shipwrecked Spanish galleon, the Madrid government said yesterday.

• Sunday, May 20th 2007 - 21:00 UTC

  Uruguay in Bender's “One Laptop per Child” project

  

  The computers are designed for children, boast extremely low electricity consumption, a pulley for hand-generated power, 1 gigabyte of flash memory, built-in wireless networking and a screen with indoor and outdoor reading modes.

• Saturday, May 19th 2007 - 21:00 UTC

  Shipwreck yields estimated $500M treasure

  

  A record haul of half a million silver and gold coins from a 17th Century shipwreck may have been found just 40 miles from Land's End, an expert said.

• Friday, May 18th 2007 - 21:00 UTC

  TAM/United Airlines sign strategic regional alliance

  

  Brazil's TAM Linhas Aereas and United Airlines, a founding member of the Star Alliance, signed Friday a memorandum of understanding to develop an agreement that enables the airlines to offer code-share flights with each other and expands international destinations and frequent flyer opportunities for customers of both carriers.

• Tuesday, May 15th 2007 - 21:00 UTC

  Reuters news agency agrees to Thomson takeover bid

  

  Financial information group Reuters accepted an 8.7-billion-pound (12.8-billion-euro) offer from Canadian conglomerate Thomson Corp. on Tuesday to create the biggest global force in the sector.

• Friday, May 11th 2007 - 21:00 UTC

  Chile to become Microsoft regional centre

  

  Microsoft announced Wednesday that Santiago's Universidad Catolica de Chile (UC) will be the headquarters for the new Federation of Latin-American Universities for Innovation.