Investments

Thursday, March 13th 2008 - 21:00 UTC
Airbus 380 lands in Chile at the end of March for air show

The world's largest passenger aircraft, Airbus 380 will be landing in Chile at the end of the month to participate in the International Air and Space Fair, FIDE.
Wednesday, March 12th 2008 - 21:00 UTC
Brazil is Chile's main direct foreign investment target

Santiago daily La Tercera reported that Brazil has become the top destination for Chilean foreign direct investment in 2007: more than 44% of the Chile's foreign direct investment, 427 million US dollars, was directed towards South America's largest economy.
Tuesday, March 11th 2008 - 21:00 UTC
Exxon has no intention of selling assets in Argentina

Exxon Mobil Corp. said Monday it has no intention of selling its Esso unit refinery, service stations or other assets in Argentina, ending months of speculation about unsolicited purchase offers. Esso has operated in Argentina for more than ninety years.
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.