Investments

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 ÃÂ¢€” 102 passenger planes and 13 cargo planes.
Monday, April 9th 2007 - 21:00 UTC
Botnia pulp mill workers and pickets return to their posts

An estimated one thousand workers resumed Monday their jobs at the controversial Botnia-Orion pulp mill under construction in Fray Bentos, Uruguay, following the accidental death of a worker last week at the plant.
Friday, March 30th 2007 - 21:00 UTC
Chile leads Latinamerica in information technology

In a new study released this week by the World Economic Forum (WEF), Chile ranked 31 on a list of 122 countries for efficient use of information and communication technology. Only four Latin American countries made the top 50, of which Chile was the leader.
Wednesday, March 28th 2007 - 21:00 UTC
High speed train in Argentina?

A French consortium headed by Alstom was the only candidate left in the race for the ambitious project of President Nestor Kirchner's administration of a high speed train linking the capital Buenos Aires with the country's main two cities, Rosario and Cordoba.
Wednesday, March 28th 2007 - 21:00 UTC
Brazilian budget airline GOL takes over full control of Varig

Brazilian budget airline Gol announced it will buy struggling rival Varig for 275 million US dollars, (98 million cash), once Brazil's proud flag carrier.
Monday, March 26th 2007 - 21:00 UTC
Chavez: China to become top oil client

President Hugo Chavez said China is set to rival the United States as Venezuela's top oil buyer as he announced new plans with the Asian powerhouse to jointly ship oil, build refineries and expand crude production.
Monday, March 26th 2007 - 21:00 UTC
Sales of new homes in US drops for second month running

Sales of new homes in United States dropped for the second month in a row this year, 15.8% in January and 3.9% in February, according to the Commerce Department.
Monday, March 26th 2007 - 21:00 UTC
It's official: Botnia begins pulp production next September

The Uruguay/Argentina controversy over the construction of pulp mills escalated another step Monday when the Finnish company Botnia, next to Uruguayan government officials, announced in Montevideo the plant would begin production next September, which is a month before presidential elections in Argentina.