Investments

• Friday, May 11th 2007 - 21:00 UTC

  DAP incorporates new helicopter for oil rig activities

  

  Punta Arenas Aerovias DAP incorporated a refurbished helicopter to its charter fleet of aircrafts and choppers which operate in the extreme south of Chile and once flew regularly to the Falkland Islands.

• Wednesday, May 9th 2007 - 21:00 UTC

  Thomson makes offer for British news group

  

  Canadian publisher Thomson Corp is in talks to buy Reuters Group Plc for about 8.8 billion pounds (US$17.6 billion) to create the world's biggest news and financial data company, the two firms said yesterday.

• Wednesday, May 9th 2007 - 21:00 UTC

  London home of world's most expensive real estate

  

  London is home to the most expensive property in the world, followed by Monaco, New York and Hong Kong, according to estate agent Knight Frank and Citi Private Bank's “Wealth Report 2007”.

• Thursday, May 3rd 2007 - 21:00 UTC

  President of Uruguay praises Dubai's strategic vision

  

  The President of the Republic of Uruguay, HE Tabaré Vázquez , currently on an official visit to the UAE, has invited Dubai World to explore emerging business opportunities in the South American country.

• Sunday, April 29th 2007 - 21:00 UTC

  New Argentine protests against Uruguayan pulp plant

  

  Thousands of Argentines rallied Sunday as part of the third annual large-scale protest against an Uruguayan paper plant that has soured relations between the two South American countries.

• Monday, April 23rd 2007 - 21:00 UTC

  Chile promotes exploration of the “undiscovered” Patagonia

  

  Chile's Interior Ministry has launched three investigative missions into previously unexplored areas in southern Chile. The areas – known to be rich in flora and fauna — will be assessed for suitability for tourism and conservation activities.

• Monday, April 23rd 2007 - 21:00 UTC

  British Airways May Make Iberia Bid With Equity Group

  

  British Airways Plc, Europe's third- largest airline, may make an offer for Iberia Lineas Aereas de España SA with a group of private equity investors to protect its interest in the Spanish carrier.

• Thursday, April 19th 2007 - 21:00 UTC

  Australian farmers face “unprecedentedly dangerous” water shortage

  

  Australia's “food bowl” along the Murray-Darling rivers basin, which accounts for the country's 41% agriculture produce faces an “unprecedentedly dangerous” situation if it does not rain in the next six to eight weeks warned Australian Primer Minister John Howard.

• Thursday, April 12th 2007 - 21:00 UTC

  Al Gore dumps Barrick Gold sponsorship for Chile visist

  

  Al Gore has dumped financial backing from controversial Canadian mining company Barrick Gold for his upcoming Santiago event “Global Warming and Climate Change: The Time Has Come to Act.” The Academy Award-winning environmentalist distanced himself from any association with the mining company, which owns the controversial Pascua Lama gold mine.

• Monday, April 9th 2007 - 21:00 UTC

  LAN announces plan to invest US$ 2.6 billion in new planes

  

  LAN airlines will buy 52 new airplanes over the next five year, increasing their air fleet by 83%. The airline will invest approximately US$ 2.6 billion from 2007 to 2011 to improve services and purchase the new planes. By 2011, LAN will operate 115 planes — 102 passenger planes and 13 cargo planes.