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India

Fabian Cambero

Chilean central bank speaking with U.S., Chinese counterparts to broaden forex lines

04 Jun 2020

SANTIAGO Chile's central bank said on Wednesday it was speaking to its U.S. and Chinese counterparts to increase flexibility in foreign exchange operations as the coronavirus pandemic ravages the nation´s once-stable economy.

Magnitude 6.8 earthquake rocks northern Chile; minor damage, no casualties

04 Jun 2020

A magnitude 6.8 earthquake struck Chile´s mineral-rich northern desert early on Wednesday, monitoring groups confirmed, though damage was minimal and mining companies told Reuters their operations had not been affected.

Chilean Central Bank says speaking to US, Chinese cenbanks to broaden forex lines

03 Jun 2020

SANTIAGO, June 3 Chile's central bank said on Wednesday that it was speaking to its US and Chinese counterparts to increase flexibility in foreign exchange operations after the blow to its economy and commerce dealt by the shutdown aimed at slowing the spread of the new coronavirus.

Chilean regulator approves Uber's purchase of Cornershop grocery app

30 May 2020

SANTIAGO Chile's antitrust regulator said on Friday it had approved "without conditions" Uber's purchase of Chilean online grocery provider Cornershop, clearing a key hurtle for the ride-hailing company as it seeks to expand into the delivery of groceries and other goods.

Chile state miner Codelco sees first-quarter profits in free fall

29 May 2020

SANTIAGO World top copper producer Codelco saw profits plunge 85% in the first quarter of 2020, the company said on Friday, ravaged by the falling price of the red metal amid the global coronavirus pandemic.

UPDATE 1-Chile state miner Codelco sees first-quarter profits in free fall

29 May 2020

SANTIAGO, May 29 World top copper producer Codelco saw profits plunge 85% in the first quarter of 2020, the company said on Friday, ravaged by the falling price of the red metal amid the global coronavirus pandemic.

Pandemic saps union clout as talks loom with Chile copper miners

29 May 2020

SANTIAGO Chile's powerful copper unions are headed into contract talks with a hand weakened by the coronavirus pandemic, giving an edge to miners like Codelco, Glencore and Antofagasta in negotiations that could influence wages and benefits for years.

LATAM becomes largest airline driven to bankruptcy by coronavirus

27 May 2020

LATAM Airlines Group , the continent's largest carrier, filed for U.S. bankruptcy protection on Tuesday, becoming the world's largest carrier so far to seek an emergency reorganization due to the coronavirus pandemic.

Chile's central bank says looking at more options to jumpstart economy: minutes

22 May 2020

SANTIAGO Chile's central bank will consider further monetary impulse measures including non-traditional avenues to bolster the economy as the world's no. 1 copper producer grapples with the impact of the global coronavirus pandemic, according to minutes of its latest policy meeting released on Friday.

World News