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