Investments

Friday, June 29th 2007 - 21:00 UTC
Brazil's largest airline purchases 22 Airbus 350 XWB

Brazil's largest air carrier TAM Linhas Aereas signed a memorandum of understanding to buy 22 Airbus A350 XWB jets plus four A330-200s, the European manufacturer announced Friday.
Monday, June 18th 2007 - 21:00 UTC
Moscow and London, most expensive cities in the world

Moscow is the world's most expensive city for expatriates for the second consecutive year, according to the latest Cost of Living Survey from Mercer Human Resource Consulting. Asuncion, Paraguay is the least expensive city for the fifth year running.
Sunday, June 17th 2007 - 21:00 UTC
Brazilian beef exports yield 1.8 billion in five months

Brazilian beef exports netted 443 million US dollars in May, a new monthly record high according to the Brazilian Beef Industry and Exporters Association (Abiec). Shipments totaled 266.000 tons, up 28.6% over May 2006.
Sunday, June 17th 2007 - 21:00 UTC
Mercosur dairy industry celebrates EU exports zero subsidies

The European Union decided this week to lower export subsidies for all dairy produce to zero, a decision which has been hailed by Mercosur member countries since Argentina and Uruguay are two important exports of milk, cheese and by products.
Sunday, June 10th 2007 - 21:00 UTC
American buys slices of South America

The American multimillionaire who founded the North Face and Esprit clothing lines says he is trying to save the planet by buying bits of it. First Douglas Tompkins purchased a huge swath of southern Chile, and now he's hoping to save the northeast wetlands of neighboring Argentina.
Monday, June 4th 2007 - 21:00 UTC
LAN received first of 20 Airbus A318 to replace ageing 737-200 fleet

LAN Airlines S.A. one of the leading airline groups in Latin America held Monday the reception ceremony for the first Airbus A318 aircraft to be incorporated into the Company's fleet.
Friday, June 1st 2007 - 21:00 UTC
“Black Swan”: Odyssey denies alleged lawsuit filed by Spain

Odyssey Marine Exploration, one of the world's leaders in the field of deep-ocean shipwreck exploration stated Thursday that claims of an alleged lawsuit against Odyssey by the Spanish government were false.
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.