SANTIAGO – On the last business day of 2017, copper stopped its impressive bull run, which lasted for 13 consecutive days. However, despite the 0.82% drop on Friday on the London Metal Exchange, the red […]
BRASILIA – Brazil has announced a temporary ban on fish exports to the European Union. It said this is a preventative measure following an EU food safety regulations audit that revealed discrepancies. According to Brazil’s […]
SANTIAGO – This week, the Government of Chile and the World Bank Group announced the formal opening of the World Bank Group’s Office in Santiago, capping 72 years of partnership. The office was inaugurated Wednesday […]
SANTIAGO – A strike at state-owned Hernan Videla Lira smelter in northern Chile has halted operations, state mining development agency Enami said. The state-owned firm announced earlier this week that it had suspended operations at […]
SANTIAGO – Spain’s Banco Santander said it had sold its U.S. unit Totalbank to Chile’s BCI for US$528 million as part of moves to sell non-core assets it inherited when it bought Banco Popular. BCI […]
SANTIAGO – The Bank of Nova Scotia is pushing deeper into Latin America with a US$2.2-billion bid for control of a Chilean rival, looking to ignite its growth as the bank’s fourth-quarter profit edged higher […]
SANTIAGO – The first of two containers of Chinese pears is already in Chile and the second due to arrive in the first week of December. These are three varieties of high quality pears, which […]
SANTIAGO – Workers at Chile’s Escondida copper mine, the world’s largest, ended a 24-hour strike on Friday but could put down their tools again next week over the company’s planned layoffs, the union said. Their […]
SANTIAGO – Workers at Chile’s Escondida copper mine, the world’s largest, began Thursday a 24-hour strike to protest recent layoffs affecting about 3% of the operation’s workforce. On Wednesday, majority owner and operator BHP (ASX, […]
SANTIAGO – The Peso currency and benchmark IPSA stock index sank more than 3.5 percent in morning trading on Monday, its biggest drop in 6 years, after market-friendly presidential candidate Sebastian Piñera garnered less support […]
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