Investments

Tuesday, July 29th 2008 - 21:00 UTC
Air industry future is here: merger of British and Iberia

British Airways is on the verge of joining forces with Spanish carrier Iberia after revealing both companies' boards' unanimously support an all-share merger. In a statement British Airways said it was in talks with Iberia with a view to an all-share merger of the two companies.
Monday, July 28th 2008 - 21:00 UTC
Uruguay presents in The Hague documents on Botnia dispute

Uruguay will be complying Monday with its final written presentation in The Hague on the Botnia pulp mill construction dispute with Argentina that alleges Uruguay ignored water joint management agreements.
Wednesday, July 23rd 2008 - 21:00 UTC
Gas from coal to fuel methanol plant in extreme south Chile

Canada's Methanex, the world's main producer of methanol, is planning to convert coal into natural gas to supply its huge complex in the extreme south of Chile which has been working below capacity precisely because of insufficient gas, said the corporation's CEO Bruce Aitken.
Thursday, July 17th 2008 - 21:00 UTC
Promising discovery of diamonds in north-east Paraguay

Ten diamonds ranging in size from 0.002 to 0.04 carats have been discovered in the north east of landlocked Paraguay, reported Latin American Minerals Inc., a mineral exploration company focused on the acquisition and development of properties of highly prospective countries of the region.
Thursday, July 17th 2008 - 21:00 UTC
Argentine government takes over Aerolineas

Argentina announced Thursday it had reached an agreement with the Spanish group Marsans for the transfer of the country's main airline Aerolíenas Argentinas and its subsidiary Austral to the Argentine state.
Wednesday, July 16th 2008 - 21:00 UTC
Ecuador, Venezuela agree to build biggest oil refinery

Rafael Correa, the Ecuadorian president, and Hugo Chavez, his Venezuelan counterpart, have entered into an agreement to build the biggest oil refinery on South America's Pacific coast.
Saturday, July 12th 2008 - 21:00 UTC
Latam must double investment in infrastructure

In the immediate future, Latinamerica must invest between 150 and 200 billion US dollars a year in infrastructure in order to boost economic growth and reduce poverty, World Bank Vice President, Pamela Cox said in Lima, Peru.
Friday, July 4th 2008 - 21:00 UTC
Brazil begins process to renew entire fleet of fighter jets

Brazil launched the process to buy at least 36 fighter jets as part of a broader plan to modernize its Air Force and in keeping with neighbors that are also in the process of overhauling their fleets.
Tuesday, July 1st 2008 - 21:00 UTC
Microsoft scraps Windows XP and clears way for Vista

Monday June 30 marks the day Microsoft has stopped selling its Windows XP operating system to retailers and major computer makers, clearing the way for the system and successor, Vista.
Monday, June 30th 2008 - 21:00 UTC
Maintaining the Queen costs 66 pence per person in the UK

The cost of maintaining the Queen rose by £2 million to £40 million last year. The 5.3% rise - twice the rate of inflation - was blamed by palace officials on increased maintenance costs on royal residences and higher travel costs, up £400,000 to £6.4 million.