Latin America China India Russia
March 12 2010 Contact Us
 Latin America

Brazil wind market poised for major growth
Brazil stands to see unprecedented growth in its installed wind power capacity over the next decade, thanks to rising electricity demand and new policies, a report from research firm New Energy Finance concludes.
Rafael Vinoly designs new Carrasco International Airport
Rafael Viñoly Architects has designed the new Carrasco International Airport in Montevideo, Uruguay.
Mexico to join IRENA
Today, Felipe de Jesús Calderón Hinojosa, president of Mexico announced in the presence of Hélène Pelosse, Director-General of the International Renewable Energy Agency (IRENA), that Mexico will sign the statute of IRENA.
World-First Deepwater Drilling Consultancy Launched by Oil & Gas Service Company
A group of the world’s most experienced deepwater wells professionals has joined the first drilling consultancy to specialise solely in deepwater projects.
Fortinet Acquires Assets of Woven Systems
Woven’s High-speed Switching Technology to Enhance High Performance of FortiGate-5000 Series Chassis-based Security Appliances
AIG\'s Blames ”Perfect Financial Storm” For Its Woes, Cites ”Run On the Bank” In A New Twist On Cause Of Collapse
American International Group Inc. (AIG), the U.S.-based insurance giant, has launched a defence against allegations by its shareholders that the beleaguered company engaged in fraud and wrongdoing that led to its spectacular collapse in September 2008.
CARINO HOTELS AND RESORTS WORLDWIDE ANNOUNCES AMALFI HOTEL CHICAGO TO ADOPT NEW GDS CHAIN CODE
ABB wins $540-million order in Brazil for world\'s longest power transmission link
HVDC technology to minimize transmission losses across 2,500 km power link
Ziad K. Abdelnour an advocate of creating a democratic Middle East
Once referred to by the New York Times as one of Wall Streets’ hundred most creative investment bankers, Ziad K. Abdelnour has overseen over 125 transactions representing a value of over $30 billion.
Caribbean hurricane damage is also an opportunity for local utilities and for Spain\'s Abengoa
Violent hurricanes which ripped through the Caribbean in recent years have caused widespread destruction of infrastructures, but rebuilding power grids allows utility companies to add valuable fiber-optic capacity to their network. Spanish company Abengoa is using this opportunity to expand its activities in the region.
Enel Green Power signs agreement in Chile
Enel Green Power, through its subsidiary Enel Latin America (Chile) Limitada, has signed a project development agreement with SoWiTec Energias Renovables de Chile Ltda, an affiliate of the German developer SoWiTec international GmbH, to develop several wind power projects in Chile for a total capacity of up to 850 MW.
Canada: Recession continues to hit economy
The giant Canadian telecommunication Nortel\'s bankruptcy protection file was yet another sign of the economic slowdown in the country. Canada registered in November a surplus of $1.3 billion in its trade balance.
Middle East Petrochemical stocks enjoyed price hike in December
Middle Eastern petrochemical companies suffered from massive downturn in their value during 2008 mainly due to the global financial crisis.
KPMG 2008 Revenues Grow 14.5% to US$22.7 billion
KPMG, the global network of professional service firms providing audit, tax and advisory services, today announced that member firm combined revenues increased to US$22.69 billion for the fiscal year ending September 30, 2008, versus US$19.81 billion for the prior fiscal year, reflecting double-digit growth across all of KPMG’s service lines.
FED rates, fixed income and the USD forecast.
The deterioration in the U.S. economy is a fact. Stagfalation fear is well in place, adverse financial market developments is seen almost on a daily basis, and the worst news re the housing market is yet to come.
ACTE Expands its Commitment to the Central and Latin American Community
The Association of Corporate Travel Executives (ACTE) has further solidified its commitment to the Central and Latin American business travel community by announcing the addition of two new members to the ACTE staff in the region.
Moody\'s: stable outlook for Argentine bank ratings
According to its annual report on the Argentine banking industry, Moody\'s Investors Service says that the ratings of the country\'s banks have a stable outlook.
Moody\'s: stable rating outlooks for Brazil\'s banks
Moody\'s Investors Service\'s ratings for the major Brazilian banks have stable outlooks, according to its annual report on the nation\'s banking system.
  China
Kia Motors posts 62.9% increase in January global sales
World Debut in Beijing: Panamera and Panamera 4
Crowdfunding becomes a reality for startups
KBR Subsidiary Awarded Contract by Kawasaki Plant Systems, Ltd. for Grassroots Ammonia and Urea Plants
Hyatt strengthens china portfolio with announcement of three new hotels
Bing Chen Joins Houlihan Lokey as a Managing Director in Hong Kong
Seambiotic and Chinese Power Company to Build $10 Million Commercial Microalgae Farm
Automobili Lamborghini strengthens its position in China by opening two new showrooms in Beijing and Hangzhou
  India
Infosys Launches Finacle Treasury-In-A-Box(TM)
Nair & Co. Named Service Provider of the Year
Satellier Reports on Recovery of Building Industry, Positions for Growth in New World Economy
Kirusa ties up with Altruist; Expands the reach of Altruist\'s FriendzChat service globally
  Russia
Siemens acquires Elektrozavod’ stake in Russian joint venture
Dresser Wayne® and MOL Group Enter New Four-Year Dispenser Agreement After Tender by Invitation
Sakhalin-1 Project Continues Record Setting Drilling
PAVA to continue manufacturing flour for retailer’s private label
  Latin America
Brazil wind market poised for major growth
Rafael Vinoly designs new Carrasco International Airport
Mexico to join IRENA
World-First Deepwater Drilling Consultancy Launched by Oil & Gas Service Company