Investments

• Sunday, November 25th 2007 - 20:00 UTC

  Sao Paulo and Bs As have highest regional real estate values

  

  Real estate values in the capital of Argentina, Buenos Aires this year figure below those of Brazil's main city Sao Paulo but above prices in Santiago de Chile and Montevideo, Uruguay according to a report from consultants Reporte Inmobiliario.

• Thursday, November 15th 2007 - 20:00 UTC

  Plans for highway linking Chile, Brazil and landlocked Bolivia

  The presidents of Chile, Bolivia and Brazil want to step up plans to build a highway from the Pacific to the Atlantic oceans that would boost trade, Chilean Foreign Minister Alejandro Foxley said in Santiago

• Thursday, November 15th 2007 - 20:00 UTC

  “Internet access for the next billion” conference in Rio

  Participants at the United Nations Internet Governance Forum, which has brought some 1,700 delegates from government, civil society and the private sector to Rio de Janeiro this week, called today for Internet “access for the next billion” people.

• Thursday, November 15th 2007 - 20:00 UTC

  Mexican tycoon wins contract in Panama Canal expansion

  A consortium led by Mexican billionaire tycoon Carlos Slim posted the cheapest bid on Wednesday to win the latest small contract to expand the Panama Canal, part of the wider 5.25 billion US dollars project.

• Tuesday, November 13th 2007 - 20:00 UTC

  Global banks could loose 400 billion with US housing slump

  Global banks are likely to loose up to 400 billion dollars stemming from mortgage investments that have soured in the US housing slump, according to an industry report. Major banks will have to continue to write off stricken multibillion investments in mortgage backed securities.

• Tuesday, November 6th 2007 - 20:00 UTC

  Booming Shanghai makes PetroChina world's biggest firm

  

  China's oil corporation PetroChina became on Monday the world's biggest firm by market value on its first day of trading in Shanghai. She displaced US corporation Exxon Mobil.

• Thursday, November 1st 2007 - 20:00 UTC

  Repsol-YPF reducing Latam's incidence in its global turnover

  

  Spanish Oil Company Repsol YPF announced Wednesday the sale of a chain of 206 service stations in Chile to Colombian company Organizacion Terpel for 210 million US dollars. Repsol said the sale was part of the restructuring of its Latin American assets.The sale also includes the industrial sales business including its infrastructure. Repsol plans to focus on its core business said Madrid's El País.

• Friday, October 26th 2007 - 20:00 UTC

  P. Arenas Methanex blames poor performance on Argentina

  Canada's Methanex Corportion blamed its poor performance during the third quarter to the serious natural gas restrictions from Argentina which means its main methanol plant in Punta Arenas is working at 25% of its potential.

• Thursday, October 25th 2007 - 20:00 UTC

  Argentine pulp company plans a million tons plant in Uruguay

  

  An Argentine corporation has joined a group of European and Japanese companies that are intent in turning Uruguay into a leading partner in the pulp and paper industry. Celulosa Argentina announced Wednesday it has plans to invest a billion US dollars to produce a million tons of pulp annually.

• Thursday, October 25th 2007 - 20:00 UTC

  First commercial flight of A380 with 455 pax, a complete success

  The world's largest jetliner made aviation history Thursday, completing its first commercial flight from Singapore to Sydney with 455 passengers, some of them ensconced in luxury suites and double beds.