Investments

Tuesday, March 25th 2008 - 21:00 UTC
Tata Motors takes over Jaguar and Land Rover this week

Ford is expected to announce on Wednesday the sale of Jaguar and Land Rover to India's Tata Motor's reported the Financial Times. The approximately 2 billion US dollars deal will include a pledge by Ford to contribute to the two brands' pension fund, and by Tata to continue buying engines from Ford, sensitive points with trade unions.
Thursday, March 20th 2008 - 21:00 UTC
Spain faces excess housing: 3 million flats empty

A new United Nations report has criticized the housing policy in Spain, and highlighted the fact that local councils have been dependent on granting of building licences and other real estate deals for their income.
Thursday, March 20th 2008 - 21:00 UTC
“Severe production deficit” forecasted for soybean

Global 2007-08 soybean harvests will total 221.33 million tons, below forecast consumption of 239.49 million tons, Hamburg-based oilseeds analysts Oil World estimates. This compares to 2006/07 output of 237.79 million tons and consumption of 225.34 million tons.
Thursday, March 20th 2008 - 21:00 UTC
Brazil offering frigates and subs to Middle East

Encouraged by Brazil's resurgent economy, ship builders are making a strong bid to enter the naval market in the region with an array of weaponry including submarines. A leader in naval technology, Rio-based, Emgepron (Empressa Gerencial De Projetos Navais) is displaying its products at the Doha International Maritime Defence Exhibition Conference (Dimdex 2008).
Thursday, March 13th 2008 - 21:00 UTC
Foreign investment in Chile doubles to 15 billion in 2007

The Chile Foreign Investment Committee (FIC) reported Wednesday that foreign investment in Chile almost doubled to 15 billion US dollars in 2007. Meanwhile, foreign direct investment (FDI) grew almost 94%, compared to 2006.
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.