Archive for April 16th, 2008

MITCCI to woo more Italian SMEs to Malaysia

Wednesday, April 16th, 2008

Although it was only set up four months ago, the Malaysian-Italian Chamber of Commerce & Industry (MITCCI) has already set its sights on expanding the Italian companies' presence in Malaysia, particularly in the small and medium enterprise ...

London stock market makes a solid start

Wednesday, April 16th, 2008

The London stock market made a solid start Wednesday, buoyed by a well-received trading update from Experian. The credit information provider saw its shares rise more than 7percent after it said its second-half sales had risen by a ...

Tokyo stocks close higher

Wednesday, April 16th, 2008

Tokyo stocks closed higher Wednesday. The 225-issue Nikkei Stock Average advanced 155.55 points, or 1.20 percent, from Tuesday to 13,146.13. The broader Topix index of all First Section issues on the Tokyo Stock Exchange gai ...

Brazil’s Petrobras to acquire Exxon Mobil’s assets

Wednesday, April 16th, 2008

Brazil's state-owned oil giant Petrobras confirmed on Tuesday that it has made a proposal to acquire Exxon Mobil's assets in Brazil. Petrobras was the only one to make a purchase offer for Exxon's assets in Brazil. But the U.S.-head ...

Mexican state seeks Chinese investments to boost tourism

Wednesday, April 16th, 2008

The governor of Mexico's central Zacatecas state Amalia Garcia Medina said on Tuesday that she hoped to seek investments from China to promote local tourism. Garcia expressed the wish at the ongoing Latin America World Economic Foru ...

Brazil boasts 23 of Latin America’s top 50 companies

Wednesday, April 16th, 2008

Brazil boasts 23 of Latin America's 50 biggest companies, and four of the top ten are headquartered in the country, a study by consulting firm Economatica said Tuesday. Total revenues of the 23 Brazilian companies in the ranking amo ...

Venezuela approves new crude tax law

Wednesday, April 16th, 2008

Venezuela's National Assembly (AN) approved Tuesday a new oil tax law that would generate some 770 million U.S. dollars for its Treasury. The "Special Contributions Law on the International Market of Hydrocarbons" will be applied du ...

Brazil’s Petrobras plans to build LNG refinery in neighboring country

Wednesday, April 16th, 2008

Brazil's state-owned oil and gas company Petrobras said on Tuesday it is mulling plans to build a plant to refine liquefied natural gas (LNG) in Argentina or Uruguay. Petrobras' foreign affairs director Jorge Zelada told a press con ...