Investments

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.
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.