Officials close to the talks said this constituted a rebuffto EADS efforts to persuade government to help fund troubledengine development and other systems

Officials close to the talks said this constituted a rebuffto EADS efforts to persuade government to help fund troubledengine development and other systems or waive delivery fines. Nations have so far spent 5.7 billion euros on the plane,which EADS would have to repay if the project were cancelled. Depending on the outcome, it may still have to pay penaltiesfor late delivery as well as help fund stop-gap measures likerenting Boeing (BA.N) C-17s or Lockheed Martin (LMT.N) C-130Js. EADS, which reports earnings next Tuesday, has takenprovisions of over 2 billion euros for A400M delays and analystssay it faces more charges.

EADS shares closed up 0.9 percent at 12.98 euros on Friday.The stock has risen around 8 percent since the start of 2009,having fallen 45 percent last year (Editing by David Cowell) Stocks France Turkey. DUBLIN–(Business Wire)–Research and Markets( http://) hasannounced the addition of the “Chile Food and Drink Report Q3 2009″ report totheir offering. The Chile Food and Drink Report provides industry professionals and strategists,corporate analysts, food and drink associations, government departments andregulatory bodies with independent forecasts and competitive intelligence onChile’s food and drink industry. With the Latin American economy set to contract by 2.6% this year, Chile’s soundmacro fundamentals and prudent policies are placing the country in a league ofits own to deal with global recessionary forces.

Although large fiscal reservesmake Chile well-placed to cope with the global economic downturn, the countryhas been hit by falling levels of trade in particular by falling demand forcopper, which is the country’s most important export. Lower levels of trade havealso reduced foreign investment in the country. Indeed, the macroeconomicheadwinds facing Chile are hitting the economy hard and are presenting the mostchallenging climate since the country’s 1999 recession. Despite stallingdomestic demand, the report holds its existing forecast for the Chilean economyto grow by 0.1% in 2009. Consumer retrenchment has already become evident duringthe first quarter of this year, when private consumption contracted by 1.4%year-on-year (y-o-y), a slightly smaller magnitude than in Q199, when privateconsumption fell by 2.8%. Indeed, the indicators coming from the country’s major food, drink and retailplayers over the last quarter remain quite mixed. For example, at the start ofApril, the chairman of Chile’s largest supermarket operator D&S said that thefirm may not enter Peru this year as originally planned.

This review may havebeen driven by the global economic downturn or may reflect opposition to thisstrategy from Wal-Mart, which has recently raised its stake in the business toabout 73%. Up to now, D&S has been able to piggyback on Chile’s high economicgrowth and has achieved buoyant sales growth over the last 10 years. However,with the firm’s domestic market showing signs of maturity, D&S has been lookingto increase its exposure to markets where the retail sector is less developed.At the same time, Chile’s largest brewer, Compañía Cervecerías Unidas (CCU),announced plans to invest around US$70mn this year, half the level of 2008. Thecompany also reported in its first quarter results that in Chile, sales of beer,soft drinks, bottled water and wine all declined. CCU’s beer sales in Chile fellby 4%, sales of soft drinks fell by 5.2%, sales of bottled water fell by 5.9%and sales of wine fell by 2.9%. On the other side of the coin, Chile-based Coca-Cola affiliated bottlerEmbotelladora Andina has announced plans to invest US$67mn in capital projectsin 2009, despite the global economic crisis. The company will invest US$26m inChile, US$28m in Brazil and US$13m in Argentina in 2009, primarily to revampproduction lines and logistics plants in each country.