Investments

• 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.

• Saturday, October 25th 2008 - 20:00 UTC

  Brazilian group becomes Mercosur footwear leader

  

  Sao Paulo Alpargatas, Brazil largest textile and Footwear Company announced Friday the acquisition of Alpargatas Argentina, turning the consolidated company into a bi-national corporation leader in its sector in Mercosur and Latinamerica.

• Tuesday, October 21st 2008 - 20:00 UTC

  Brazilian company en route to be US main meat processor

  The United States Justice Department said on Monday it will allow Brazil's JBS to buy the beef operations of Smithfield Foods Inc for 565 million US dollars which, based on industry estimates, would make JBS the second US beef producer.

• Sunday, October 5th 2008 - 21:00 UTC

  Dubai, land of man made islands and skyscrapers

  

  Dubai announced on Sunday plans to build a more than one kilometer high sky scraper, an undertaking that will demand over ten years to construct and billions of dollars, possibly becoming the world's tallest building, according to developers Nakheel.

• Thursday, September 25th 2008 - 21:00 UTC

  Vale Doce and Norsk Hydro expand Brazil's alumina pole

  Norwegian aluminum group Norsk Hydro announced on Thursday that it will join with the Brazilian metals and mining company Vale Doce to build a new alumina refinery in northern Brazil, an investment totaling 2.6 billion US dollars.