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Chile's airline industry booming forecasts for 2007 rise

Topics:business
Despite being thwarted in its recent bid to buy a share in Brazilian airline Nova Varig, Chile's main carrier LAN is booming, and forecasts confidently expect an 18.6% increase over 2006 revenues.

Chile News Digest Chile's LAN sees sales of $3.6 billion in 2007 (Reuters)
Posted: 04/08/07 08:30 by Giovanni

Peruvian miners call off strike at U.S. owned smelter

Topics:business
Under Peruvian law, mining firms must share a portion of their profits with the miners, but workers at the Peruvian plant of Missouri's Doe Run Company, were dissatisfied their share and downed their tools. Now a deal has been struck and they are back at work.

Peru News Digest Peru smelter workers call off strike (Reuters)
Posted: 04/08/07 08:07 by Giovanni

Brazilian oil company in Ecuador in massive expansion

Topics:business
Brazilian President Luiz Inacio Lula da Silva, says Brazilian state-controlled oil company Petroleo Brasileiro SA's investments in Ecuador will reach $1 billion by 2010

Ecuador News Digest Lula Sees Petrobras' Ecuador Investment at $1 Billion (Bloombergs)
Posted: 04/06/07 07:03 by Giovanni

Argentinian company files for IPO on NYSE

Topics:business
An Argentine electricity distribution company, EDENOR, filed documents with U.S. regulators on Wednesday for an initial public offering of $180 million in American depositary shares representing Class B common shares.

Argentina News Digest Argentina's EDENOR files with US for $180 mln IPO (Reuters)
Posted: 04/06/07 06:10 by Alain

Panama awards U.K. company giant development project

Topics:business
Described as one of the world's largest development deals, a U.K. company has been awarded a $750 million project by the Panama government, to convert a former U.S. military base into a business park.

Panama News Digest Panama awards UK company 380 mln development project (The Scotsman)
Posted: 04/05/07 07:45 by Alain
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