International Business News - CHL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Emerging markets airline ADRs slid in Thursday trading as prices for crude oil--closely linked to profitability--nearly touched $146 per barrel on the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080703/adrs-in-focus-emerging-markets-airlines-slide.htm Thu, 03 Jul 2008 12:41:38 EDT Legal experts from 95 countries have devised a way of measuring how well leaders, officials and judges are meeting the basic principles of law and human rights. http://www.ibtimes.com/articles/20080703/experts-unveil-index-to-check-nations-rule-of-law.htm Thu, 03 Jul 2008 11:24:23 EDT The gold, silver and bronze medals that will hang around the necks of athletes at next month's Olympics were formally handed over Thursday to the organizers of the Beijing Games. http://www.ibtimes.com/articles/20080703/olympic-medals-turned-over-to-beijing-organizers.htm Thu, 03 Jul 2008 10:01:38 EDT Copper prices shot up to near-record territory Wednesday after a mining strike in South America raised concerns of a drop in world output. Some 30,000 miners began striking Monday at many of Peru's biggest mines to demand a bigger chunk of profits from record international metals prices. The shutdown involves more than half the country's 67 mining unions and has affected operations at major companies including Lima-based Southern Copper Corp. and the local unit of Chinese steelmaker Shougang. http://www.ibtimes.com/articles/20080702/copper-jumps-to-2-month-high-on-peru-mining-strike.htm Wed, 02 Jul 2008 16:49:43 EDT Apollo Group Inc., a for-profit education company that owns the University of Phoenix, said Tuesday its third quarter profit rose slightly as it expanded its enrollment and did a better job collecting tuition from wayward students. http://www.ibtimes.com/articles/20080701/apollo-group-reports-139-1-million-3q-profit.htm Tue, 01 Jul 2008 20:06:10 EDT Shares of Chilean companies that trade on U.S. exchanges fell sharply on Tuesday with Sociedad Quimica seeing the biggest decline following a steady run-up for the fertilizer maker. http://www.ibtimes.com/articles/20080701/adrs-in-focus-chilean-companies-decline.htm Tue, 01 Jul 2008 16:33:48 EDT Venezuelan President Hugo Chavez accused Europe on Tuesday of taking a page from Washington by adopting a barbaric immigration policy that he said would create a "wall in the Atlantic." http://www.ibtimes.com/data/articleimgs/83598-argentina-mercosur-summit.jpg http://www.ibtimes.com/articles/20080701/chavez-eu-migration-rules-barbaric.htm http://www.ibtimes.com/articles/20080701/chavez-eu-migration-rules-barbaric.htm Tue, 01 Jul 2008 16:32:41 EDT About 30,000 miners have gone on strike at many of Peru's biggest mines to demand a greater share of rising metals income, the country's largest mining union said Tuesday. http://www.ibtimes.com/articles/20080701/30-000-peru-miners-continue-strike.htm Tue, 01 Jul 2008 12:57:38 EDT A red stream of lava flowed down the flanks of the Llaima volcano in southern Chile on Tuesday and officials said they evacuated about a dozen people. http://www.ibtimes.com/articles/20080701/chile-moves-people-from-path-of-volcano-lava.htm Tue, 01 Jul 2008 11:27:10 EDT A judge says he has imposed two sentences of life in prison on the security chief for former dictator Augusto Pinochet. Judge Alejandro Solis said Monday he sentenced retired Gen. Manuel Contreras to two consecutive life prison terms for the killing of retired army chief Carlos Prats and his wife. http://www.ibtimes.com/articles/20080630/former-chile-security-chief-gets-life-sentences.htm Mon, 30 Jun 2008 12:28:44 EDT It was rocky first half of 2008 for those investing in emerging markets, as everything from the U.S. subprime mess to snowstorms and earthquakes jolted confidence in the historically high-growth sector. http://www.ibtimes.com/articles/20080630/adrs-in-focus-emerging-markets-poor-start-to-08.htm Mon, 30 Jun 2008 15:33:57 EDT A heart transplant survivor has added another first to her long string of mountaineering feats since getting a new heart 13 years ago--a dangerous 2 1/2-day climb up the sheer, 2,000-foot face of Half Dome, Yosemite National Park's famed granite monolith. http://www.ibtimes.com/data/articleimgs/82046-transplant-climber.jpg http://www.ibtimes.com/articles/20080628/transplant-recipient-completes-yosemite-ascent.htm http://www.ibtimes.com/articles/20080628/transplant-recipient-completes-yosemite-ascent.htm Sat, 28 Jun 2008 19:42:58 EDT A new regional development bank for South America announced an initial capital fund of $10 billion, with the possibility of climbing as high as $20 billion, after a meeting of the seven member states on Friday. http://www.ibtimes.com/data/articleimgs/81672-venezuela-brazil.jpg http://www.ibtimes.com/articles/20080628/regional-bank-announces-10-billion-fund.htm http://www.ibtimes.com/articles/20080628/regional-bank-announces-10-billion-fund.htm Sat, 28 Jun 2008 04:13:22 EDT U.S.-traded shares of Latin American aviation companies traded sharply lower on Friday as the price of oil touched new records. Light, sweet crude for August delivery rose as high as $142.93 a barrel on the New York Mercantile Exchange before pulling back slightly to trade up $2.80 at $142.44. http://www.ibtimes.com/articles/20080627/adrs-in-focus-latin-american-airlines-decline.htm Fri, 27 Jun 2008 14:47:47 EDT The International Whaling Commission ended its annual conference on Friday, leaving all the tough work on expanding or restricting whale hunting still ahead of it. http://www.ibtimes.com/articles/20080627/whale-meeting-ends-tough-calls-delayed.htm Fri, 27 Jun 2008 13:50:11 EDT Online jewelry auctioneer Bidz.com Inc. reiterated its fiscal second-quarter and full-year outlook late Thursday saying it is experiencing strong international sales growth. http://www.ibtimes.com/articles/20080627/bidz-com-reiterates-2q-2008-outlook.htm Fri, 27 Jun 2008 08:41:49 EDT The International Whaling Commission has turned down a request from Denmark to allow indigenous fishermen in Greenland to catch 10 humpback whales a year. http://www.ibtimes.com/articles/20080626/greenland-denied-humback-whaling-permit.htm Thu, 26 Jun 2008 18:44:40 EDT Faced with global warming, plants are heading for the hills. A study of 171 forest species in Western Europe shows that most of them are shifting their favored locations to higher, cooler spots. http://www.ibtimes.com/data/articleimgs/80070-plant-retreat.jpg http://www.ibtimes.com/articles/20080626/global-warming-chases-plants-uphill.htm http://www.ibtimes.com/articles/20080626/global-warming-chases-plants-uphill.htm Thu, 26 Jun 2008 18:02:35 EDT The government has ordered China's fast-growing phone companies to stop adding new customers in August so they can better focus on ensuring service for the Beijing Olympics, company employees said Thursday. http://www.ibtimes.com/data/articleimgs/79616-china-mobile-phones.jpg http://www.ibtimes.com/articles/20080626/china-orders-phone-internet-moratorium.htm http://www.ibtimes.com/articles/20080626/china-orders-phone-internet-moratorium.htm Thu, 26 Jun 2008 09:13:34 EDT Goodyear Tire & Rubber Co. plans to invest at least $1 billion annually through 2010 to expand and improve plants and will focus more on international growth markets such as China, Russia and Brazil, company executives said Thursday. http://www.ibtimes.com/articles/20080626/goodyear-plans-greater-global-focus.htm Thu, 26 Jun 2008 17:16:52 EDT