Archive for April 4th, 2008

Brazilian FM: Mercosur to renew trade talks with EU

Friday, April 4th, 2008

The Common Market of the South (Mercosur) will renew the long-suspended trade negotiation with the European Union about a bilateral trade agreement, Brazilian Foreign Minister Celso Amorim said Thursday. "We probably would make prog ...

Brazilian cellphone games provider takes aim at Chinese market

Friday, April 4th, 2008

Brazilian mobile games distributor PlayPhone has developed an ambitious overseas strategy and is aiming at the vast Chinese market, local newspaper DCI reported Thursday. "Our aim is to achieve a total billing of 100 million U.S. do ...

Venezuela nationalizes cement industry

Friday, April 4th, 2008

Venezuelan President Hugo Chavez on Thursday ordered the nationalization of the country's cement industry in efforts to help tackle a national housing shortage, local media reported. Speaking during a televise address, Chavez said ...

Argentine Airlines suspends flights

Friday, April 4th, 2008

Argentine Airlines (Aerloineas Argentinas) suspended its national and international flights Thursday in order to comply with "strict security measures," the Association of Airline Pilots (APLA) stated in a communique. The airline su ...

Dollar dips before U.S. employment report

Friday, April 4th, 2008

The dollar fell slightly against major currencies on Thursday with investors closely watching a key employment report to be released by the U.S. government on Friday. New applications filed for unemployment insurance last week jumpe ...

U.S. demand for new homes not return to normal until 2010

Friday, April 4th, 2008

The U.S. demand for new homes may not return to normal levels until next decade, a CNN website report quotes the latest outlook from the National Association of Home Builders as saying on Thursday. "Traditionally when housing has be ...

Crude falls to close at $103.83

Friday, April 4th, 2008

Crude-oil futures fell Thursday as the latest weekly jobs data reinforced worries about the U.S. economy and crude demand. Crude oil for May delivery declined 1 dollar to close at 103.83dollars a barrel on the New York Mercantile Ex ...

ASEAN finance ministers review economic situations, chart directions

Friday, April 4th, 2008

Finance ministers from the 10-member Association of Southeast Asian Nations (ASEAN) are reviewing here Friday global and regional situations, and putting forth directions for closer intra- and extra-financial cooperation and coordination. ...