Investments

• Saturday, May 19th 2007 - 21:00 UTC

  Shipwreck yields estimated $500M treasure

  

  A record haul of half a million silver and gold coins from a 17th Century shipwreck may have been found just 40 miles from Land's End, an expert said.

• Friday, May 18th 2007 - 21:00 UTC

  TAM/United Airlines sign strategic regional alliance

  

  Brazil's TAM Linhas Aereas and United Airlines, a founding member of the Star Alliance, signed Friday a memorandum of understanding to develop an agreement that enables the airlines to offer code-share flights with each other and expands international destinations and frequent flyer opportunities for customers of both carriers.

• Tuesday, May 15th 2007 - 21:00 UTC

  Reuters news agency agrees to Thomson takeover bid

  

  Financial information group Reuters accepted an 8.7-billion-pound (12.8-billion-euro) offer from Canadian conglomerate Thomson Corp. on Tuesday to create the biggest global force in the sector.

• Friday, May 11th 2007 - 21:00 UTC

  Chile to become Microsoft regional centre

  

  Microsoft announced Wednesday that Santiago's Universidad Catolica de Chile (UC) will be the headquarters for the new Federation of Latin-American Universities for Innovation.

• 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.