The US powerhouse owns a number of international recognised brands including the HBO and CNN television networks and the Warner Brothers movie company.

In the last twelve months’ Time Warner’s film unit has been boosted by the success of the likes of the latest Superman movie, Man of Steel and the cinematic update of The Great Gatsby. Meanwhile its coverage of NBA Basketball in the US helped to drive cable television advertising up by eleven percent.

With a total of eleven branches spanning the length and breadth of Chile, Dartel Electricidad is dedicated to the distribution and marketing of some of the most famous and prestigious national and international electrical brands. These brands and solutions meet the high, medium and low voltage needs of Dartel’s customers within the industrial, fishing, construction, engineering, telecommunications and mining sectors.

Junior mining companies are feeling the chill these days, and have been under pressure for over a year, so it is heartening to find one whose neat footwork has turned the situation to its advantage. Over the past year Argex has advanced its plan to convert its focus from mining to production of Titanium Dioxide (TiO2), a commodity that is sure to grow in demand as the world emerges from recession, because its sales in any particular market shadow GDP with uncanny accuracy.

In addressing the media, Mining Minister Hernan de Solminihac revealed this projection, a figure that represents an eight percent increase since the last estimate was given in November 2012. The increased number has been driven by the incorporation of nine projects valued at $3.6 billion and another 20 initiatives that have updated their own investment amounts.

Purchased in 1993 by The New York Times company for $1.1 billion, the Globe is now being sold for as little as $70 million.

In a statement in the Globe, Mr Henry praised the paper's journalistic pedigree: "The Boston Globe's award-winning journalism as well as its rich history and tradition of excellence have established it as one of the most well-respected media companies in the country."

Oil firm TransCanada has announced that the $11.6 billion Energy East line will carry up to 1.1 million barrels of oil per day, replacing oil imported to eastern Canada with a leftover surplus to export across the Atlantic. The Energy East pipeline would run from Hardisty, Alberta, to a new deep-water marine terminal in St John, New Brunswick.

Boosted by a surge in smartphone sales and the weakness of the yen the company recorded net profit of 3.5 billion yen, reversing a loss of 24.6 billion yen during the same period last year.

The company said its sales rose 13 percent in the three months to the end of June, from a year earlier, primarily "due to the favourable impact" of the currency movement. It also raised its sales forecast for the current financial year to 7.9 trillion yen from its projection of 7.5 trillion yen in May.