Investments

• Monday, August 27th 2007 - 21:00 UTC

  Rio Tinto to become world's largest producer of aluminum

  

  Anglo-Australian mining group Rio Tinto announced Monday that its bid to buy Canada's Alcan for 38.1 billion US dollars has been approved by US antitrust authorities.

• Monday, August 27th 2007 - 21:00 UTC

  Brazilian company buys main Chilean abattoir in Tierra del Fuego

  

  A leading Brazilian meat industry group Marfrig acquired an abattoir in Tierra del Fuego belonging to a group of cattle farmers from Magallanes Region, reports La Prensa Austral from Punta Arenas. The operation involved 8.5 million US dollars.

• Thursday, August 23rd 2007 - 21:00 UTC

  Latinamerica and East Asia meet to boost trade ties

  

  Foreign ministers and envoys from 33 Latin America and East Asian countries on Wednesday opened in Brasilia two days of talks here to boost fledgling trade ties and build links between the far-flung regions.

• Friday, August 17th 2007 - 21:00 UTC

  Botnia plant workers on strike demand better safety conditions

  

  Workers of the Botnia pulp mill in Uruguay voted Friday to continue the work stoppage begun Thursday, until next Monday alleging “insufficient guarantees”. This week several workers were intoxicated with sulphur sodium during trials at the plant, which is in the heart of an international controversy with Argentina.

• Tuesday, August 7th 2007 - 21:00 UTC

  Argentina successfully tests rocket for space research

  Argentina successfully tested at the beginning of July the Tronador I (Thunderer) rocket, the first step of a project to join the space race having as a target a rocket capable of sending a satellite into orbit.

• Monday, August 6th 2007 - 21:00 UTC

  UK: House prices 'to soar by 40% and will reach £300,000'

  

  The cost of an average home in England is set to soar by 40% during the coming five years, to break through the £300,000 barrier by 2012, a report has warned.

• Tuesday, July 31st 2007 - 21:00 UTC

  Air traffic on the rise: 1.800 new aircrafts in next 18 months

  

  Air traffic results for the first six months of the year expanded 6.3% in year-on-year international passenger demand, slightly higher than the 5.9% full-year rise recorded for the year 2006, according to the latest report from the International Air Transport Association, IATA

• Saturday, July 28th 2007 - 21:00 UTC

  Lan Chile Q2 profits soar 158% over a year ago

  

  Chilean airline LAN has exceeded all expectations with a 158.9% rise in second-quarter net profits, as compared with the same period last year.

• Wednesday, July 25th 2007 - 21:00 UTC

  Guarani heritage to sweeten Paraguayan farmers pockets

  

  Paraguayan farmers are hoping to cash in on a low-calorie sweetener being made by the Coca-Cola Co from a native plant long prized by indigenous people in one of South America's poorest countries.

• Wednesday, July 25th 2007 - 21:00 UTC

  Argentine farmers flock to Buenos Aires for Palermo show

  

  The Argentine Rural Society kicks off Thursday its 121st show at the grounds in Palermo, Buenos Aires City, at a time when the farming sector is undergoing a bonanza with high international commodity prices, but also a number of domestic issues that have caused numerous protests over the last year.