South America

BG in 'material' discovery off Brazil coast

ft.com     2 hrs ago   7 related          

BG Group has made a “material” discovery in the Santos Basin off the coast of Brazil, an area that could be one of the world’s next big oil and gas-producing regions. The company said the Iara exploration well on the BM-S-11...                    

Dani Rodrik: The Doha trade talks were never about development

guardian.co.uk     1 hr ago   7 related          

Will they or won't they? It is hard to square these fears with the view that the Doha trade round could lift tens, if not hundreds, of millions out of poverty. Rich countries have demanded sharp cuts in import tariffs by...                    

Second round leaderboard

reuters.com     7 hrs ago   2 related          

BLOOMFIELD HILLS, Michigan (Reuters) - Second round leaderboard from the 90th USPGA Championship at the par-70 Oakland Hills Country Club on Friday: (U.S. unless stated, all tee times GMT) -2 Robert Karlsson (Sweden) 1650 tee...                    

Chile's Codelco struggles to hold output

reuters.com     4 hrs ago   2 related          

SANTIAGO (Reuters) - Chile's Codelco, the world's largest copper producer, is struggling to maintain output levels at aging mines as new output is delayed and after first-half production fell 11.6 percent amid labor strife.                    

Completed second-round scores

reuters.com     4 hrs ago   2 related          

BLOOMFIELD HILLS, Michigan (Reuters) - Completed second-round scores from the 90th U.S. PGA Championship at the par-70 Oakland Hills Country Club on Friday (U.S. unless stated): 140 Charlie Wi (South Korea) 70 70 142 Angel...                    

Parkmore Ed trots on to Olympic stage

bbc.co.uk     4 hrs ago   1 related          

As I said to William Fox-Pitt as he walked up to me after his horses fetched some drama on Friday, "If we weren't sweating enough with the heat, we're definitely sweating buckets now." William's horse, Parkmore Ed, was asked to...                    

Amazonian Chernobyl - Ecuador's oil environment disaster

telegraph.co.uk     4 hrs ago          

Once it was pristine rainforest. Millions of gallons of crude oil and toxic waste - the legacy of an oil extraction programme - has blighted 1,700 hectares of land and poisoned the rivers and streams in Sucumbios in the...                    

Plan to use mushrooms to clean up oil contamination

telegraph.co.uk     4 hrs ago          

An anonymous British donor is funding a project which may help clean up the bespoiled landscape. American biologists Jess Work, Brian Page and Ecuadorian fungus expert, Ricardo Viteri, are working to develop a mushroom that can...                    

T.Italia CEO says sticking to 2009-2010 targets

reuters.com     4 hrs ago          

MILAN, Aug 8 (Reuters) - Telecom Italia is sticking to its forecasts for sales growth and core profit in 2009-2010 despite cutting the targets for 2008, Chief Executive Franco Bernabe told analysts on a conference call on Friday.                    

Venezuela to allow 100% home loans

ft.com     1 hr ago          

By Benedict Mander in Caracas While the US subprime crisis has left many bankers shivering at the consequences of generous mortgage financing, a new law in Venezuela now allows banks to offer 100 per cent loans to homebuyers....                    

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