Investments

• Sunday, March 9th 2008 - 21:00 UTC

  NZ company buys Chile's largest farm in 80 million dollars

  

  A New Zealander company called Manuka has finalized a deal to buy most of Hacienda Rupanco, Chile's largest farm.

• Wednesday, March 5th 2008 - 21:00 UTC

  Metals war: Billiton after 55 billion loan to bid for Rio Tinto

  

  Mining giant BHP Billiton is talking to an important group of banks for a record 55 billion US dollars loan to back its hostile bid for rival Rio Tinto, it was revealed on Tuesday by banking sources.

• Wednesday, March 5th 2008 - 21:00 UTC

  Falkland Islands Holdings plc acquisition of Momart

  

  Falkland Islands Holdings PLC (FIH) said it has acquired art logistics and storage company Momart International Ltd for £10.27 million, of which £ 7.78 million is payable in cash and the remaining through the issue of 582,666 shares.

• Friday, February 29th 2008 - 21:00 UTC

  Canadians investing heavily in Argentine uranium exploration

  Canada's Blue Sky Uranium Corp. announced that it has entered into a Letter of Agreement to acquire 100% of the shares of Argentina Uranium Corp., thereby gaining control of over 500,000 hectare uranium land package in Argentina.

• Tuesday, February 19th 2008 - 21:00 UTC

  Heathrow is Europe's airport with the most delays

  

  The world's busiest airport, London Heathrow, saw more delays than any other major European airport last year - for the second consecutive year according to a report from the Association of European Airlines, AEA, released this week.

• Tuesday, February 19th 2008 - 21:00 UTC

  On fears of OPEC cut, crude soars to record 101 US dollars

  

  Crude oil rose for a fourth day and closed Tuesday at a record 101.01 US dollars in New York on fears that OPEC might reduce output and growing concern over supplies from Venezuela, Nigeria and Russia.

• Sunday, February 17th 2008 - 21:00 UTC

  Petrobras orders high seas oil platform costing 1.2 billion

  

  Brazil's government managed oil corporation Petrobras signed on Friday a contract with Single Buoy Mooring (SBM) to build a high seas oil rig to operate at a water depth of 1.246 and which will cost in the range of 1.2 billion US dollars and be delivered in three years time.

• Saturday, February 16th 2008 - 20:00 UTC

  Petrobras & Pemex consider deepwater G. of Mexico project

  Brazil's government owned oil and gas corporation Petrobras has invited Mexico's oil monopoly Pemex to join it as a minority partner in a deepwater exploration project on the US side of the Gulf of Mexico revealed Samir Awad Petrobras executive manager for the Americas, Africa and Eurasia.

• Friday, February 15th 2008 - 20:00 UTC

  First WTO defeat for China over foreign made car parts

  

  China has experienced its first defeat at the World Trade Organization (WTO), in a case referred to restrictions on the importation of foreign-made car parts. Upholding a complaint from the European Union, Canada and United States, the preliminary WTO finding agrees that current Chinese practice is protectionist.

• Tuesday, February 12th 2008 - 20:00 UTC

  Falklands' projects in aquaculture confirm industry feasibility

  

  An ambitious multi-field aquaculture project in the Falkland Islands has successfully concluded its first stage and is ready to continue advancing. However Dr. Brendan Gara, Aquaculture Development Manager at the Development Corporation is leaving after having spent two years in the Islands.