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posted on Friday, 17 Dec 2010 by Alessandro Ravanetti 1 Comment

General Electric (GE), the American industrial giant, has agreed to buy the UK based oil and gas services company Wellstream Holdings for £800 million pounds.

GE would pay Wellstream investors 780 pence in cash plus a special dividend of …

posted on Thursday, 16 Dec 2010 by Alessandro Ravanetti 1 Comment

The Foreign Direct Investments (FDI) in developing countries, which have declined 40% last year, are expected to increase by 17% to reach USD 416 billion in 2010, a World Bank report said.

About half of all …

posted on Tuesday, 30 Nov 2010 by Alessandro Ravanetti 1 Comment

General Motors Co. (GM), the world’s fourth biggest car maker, plans to invest $1.2 billion in 2011 for the expansion and updates of its Brazilian operations. Jaime Ardila, President of GM South America, said the investments …

posted on Wednesday, 17 Nov 2010 by Alessandro Ravanetti 1 Comment

Panama-based Barents Re Reinsurance Company, one of the world’s leading independent reinsurance groups, is going to expand its business starting from Puerto Rico, said Gerardo Garcia, the company’s general director.

The island has been in recession for many years but Gerardo …

posted on Tuesday, 2 Nov 2010 by Alessandro Ravanetti 1 Comment

Colombia’s trade, industry and tourism minister, Sergio Diaz-Granados, declared “great potential” for Colombia as an ecotourism destination, and hopes to see the Spanish hospitality sector invest massively in his country. In a recent interview released in Madrid he …

posted on Friday, 22 Oct 2010 by Christina Knutsson Comments Off

Bonjour from SIAL Paris 2010

Out of eight, four large halls are dedicated to regions and nations – 101 countries showing and another 185 nations visiting – so there are in fact some places that …

posted on Monday, 11 Oct 2010 by Alessandro Ravanetti Comments Off

The regional unit of the US based industrial giant General Electric (GE) plans to invest $250 million in Brazil by 2012. The first step has been made on 7 October when the company started to work on The …

posted on Friday, 1 Oct 2010 by Christina Knutsson Comments Off

Just in the last few weeks we’ve seen changes emerging from latin American IPAs. After four years of life, last month the government of Argentina buried its national IPA ProsperAr. Its director Beatriz Nofal found out she lost her job by reading the change of decree in the Boletin …

posted on Thursday, 30 Sep 2010 by Christina Knutsson Comments Off

Good news for Panama. Starwood Hotels has announced that it is to take its Westin brand into Panama, the latest entrant of a hotel boom that is sweeping the country. It will open two Westin hotels within the next two years, executives confirmed September 28, both close to Panama City.

The …

posted on Thursday, 30 Sep 2010 by Alessandro Ravanetti Comments Off

As reported by Reuters, the Brazilian ethanol giant ETH, said it plans to invest in Africa and in other South American countries to encourage international buyers to use biofuel and to make the production less Brazil dependent.

Jose Carlos …