TelecomItalia SpA's second-largest investor said a merger with Telefonica SA may shore up the Spanish company's efforts to build sales in Brazil. ``A full merger with Telecom Italia would solve Telefonica's problems in Brazil,'' Marco Fossati, whose family is the...
FARMINGDALE, N.Y., Feb 03, 2010 /PRNewswire via COMTEX NewsNetwork/ -- Misonix, Inc. (Nasdaq: MSON), a developer of minimally invasive ultrasonic medical device technology, which in Europe is used for the ablation of tumors and worldwide for other acute health...
Brasilia - Brazil granted an environmental licence on Monday for the construction of a controversial hydroelectric dam in the heart of the Amazon rain forest. The $17-billion project on the Xingu River in the northern state of Para will help the fast-growing Latin...
CONTROVERSIAL PLAN: The environmentminister said that it would be unlikely that more dams would be added to the project, but he didn’t rule the option out “The environmental impact exists, but it has been weighed up, calculated and reduced.” Carlos Minc, environment...
By Ana Nicolaci da Costa February 1, 2010 Brazil's modern capital is often seen as sterile but an annual religiousmusic festival celebrating the visit of the Three Wise Men to see Jesus showed how much soul lies behind the city's geometrical landscape.Revelers attend a...
* Shell, Cosan joint venture sees $21 bln in annual sales * JV to more than double ethanol output to 5 bln liters/yr * Shell to inject $1.63 bln in cash over 2 years * Cosan shares surge 10.7 percent; Shell up 1 percent (Recasts, adds context, updates share price) By...
(AP) - SAO PAULO - Royal DutchShell and Brazil's Cosan ethanol producer announced plans Monday to create a $12 billion joint venture for ethanol production and fuel distribution in Latin America's largest nation. Under a non-binding memorandum of understanding, the two...
* Shell to form ethanol joint venture with Cosan * Shell is latest oil company to bet on Brazilian ethanol * Shell to inject $1.63 bln in cash over 2 years * Cosan shares up 12 percent; Shell up 1 percent (Adds Shell comments on output, Cosan chairman's comments) By...