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  • Feb 4- The chief executive officer of LAN Airlines will pay a $75,000 fine to settle charges that he authorized improper payments to Argentina union officials to persuade them to ease their demands in a labor dispute, the U.S. Securities and Exchange Commission said on Thursday. According to the SEC, Cueto authorized wiring $1.15 million to a Virginia brokerage...

  • *Ankara aims for $30 bln in trade with Iran by 2023. ISTANBUL, Feb 2- The lifting of sanctions against Iran may be a mixed blessing for Turkey, opening up access to a fast-growing, lucrative market, but one that could someday rival Ankara as both an investment destination and exporter. NATO- member Turkey remains the region's economic powerhouse, with output of nearly...

  • Jan 28- Lufthansa, British Airways and JetBlue on Thursday became the latest international carriers to offer rebookings or refunds for tickets to areas affected by the Zika virus, as the World Health Organization expressed concern about the swift spread of the mosquito-borne disease. The virus is present in more than 20 countries and territories in the...

  • HAVANA, Jan 26- Cuba's tourism industry is under unprecedented strain and struggling to meet demand with record numbers of visitors arriving a year after detente with the United States renewed interest in the Caribbean island. Cuba received a record 3.52 million visitors last year, up 17.4 percent from 2014. As it is, foreigners face extreme difficulties...

  • SANTIAGO, Jan 18- A Chilean ministerial committee upheld on Monday the environmental permit for Energia Austral's Cuervo hydroelectric dams, dismissing nearly a dozen complaints filed against the controversial project by environmental and citizens' groups. The 11 complaints against Cuervo's two dams, which are slated to be built in Chile's pristine Aysen...

  • BENGALURU, Jan 14- Economic growth is losing momentum across emerging and developed economies as is inflation, with trouble in China now the biggest worry for 2016, according to the overwhelming majority of hundreds of economists polled by Reuters around the world. Elwin de Groot, senior market economist at Rabobank, warned that the world could no longer rely...

  • SANTIAGO, Jan 13- A worker was killed in an accident at the most productive copper mine of Chile's Codelco, which has suspended operations there, the state-owned company said on Wednesday. The accident occurred at the El Teniente underground mine, 80 kilometers south of Santiago. It produced 356,000 tonnes of copper in the first nine months of 2015..

  • SANTIAGO, Jan 11- Chile's environmental regulator said it would seek to fine wood pulp producer Celulosa Arauco y Constitucion S.A. up to $29.5 million and could revoke the permit of one of its plants for contaminating a local river with a "green liquid" spill. The SMA regulator pressed charges against Arauco, a unit of industrial conglomerate Empresas Copec, for...

  • RIO DE JANEIRO/ SAO PAULO, Dec 17- A Brazilian judge on Thursday ordered the lifting of a 48- hour suspension of the services in Brazil of Facebook Inc's WhatsApp phone-messaging application, overturning an order from a lower court. WhatsApp is installed on 92.5 percent of Android devices in Brazil, making it the most installed app in the country, according to...

  • SANTIAGO/ LIMA, Dec 15- Peru's consumer regulator said Tuesday that it could sanction Kimberly-Clark Corp with a fine of up to 12 percent of its earnings after competitor CMPC reported the two toilet paper companies fixed prices for years. Kimberly-Clark cannot take refuge in the clemency program because it did not go to authorities first, Espinoza said.

  • SANTIAGO, Dec 3- A Chilean court on Thursday rescinded over $25 million in fines levied against local brokerage LarrainVial and its former chairman for alleged market manipulation, citing a lack of evidence against them. In September, Chile's SVS securities regulator issued fines to LarrainVial for $7.3 million and chairman Leonidas Vial Echeverria for...

  • SANTIAGO, Nov 26- Chile's financial regulator said on Thursday it had fined Santiago- based businessman Juan Bilbao Hormaeche some $3.2 million for using insider information to trade shares of drug company CFR Pharmaceuticals SA. The move came about a month after the U.S. Securities and Exchange Commission reached a $13.2 million dollar settlement with...

  • "All the signs are positive. reaffirms the vision that Brazil is a strategic partner, he backs the position that Mercosur be more open to other international networks," Trade Minister Armando Monteiro told Reuters while on an official trip to Chile's capital Santiago. Mercosur is a customs union comprising Brazil, Argentina, Uruguay, Paraguay and Venezuela.

  • VALLE DE CASABLANCA, Chile, Nov 23- Well into their drive to make Chile's wines less about bang-for-your-buck and more about premium vino, vintners in the world's fourth largest wine exporter are watching some of their promising vines wither with climate change. Nestled between the Pacific Ocean to the west and the Andes mountain range on the east, Chile's...

  • DIARY-Emerging Markets Economic Events to Dec 1 Wednesday, 18 Nov 2015 | 7:02 PM ET

    THURSDAY, NOVEMBER 19 BELGRADE- Presentation of the IMF European Department's Fall 2015 Regional Economic Issues Report on Central, Eastern and Southeastern Europe. PRETORIA- The South African Reserve Bank announce interest rate decision- 1300 GMT. FRIDAY, NOVEMBER 20 SEOUL- Bank of Korea Governor Lee Ju-yeol will chair a regular meeting with the heads of...

  • *Lower commodity prices to hurt South Africa's rand. JOHANNESBURG/ BRASILIA, Nov 5- Emerging market currencies are likely to return to record lows in 2016, a Reuters poll predicted on Thursday, although a recent respite may last for a few more months if the Federal Reserve passes on a December interest rate rise, which many now expect. Currencies in Brazil, Turkey...

  • SANTIAGO, Nov 4- Chile is aiming to double its agricultural and livestock exports over the next decade to as much as $35 billion per year as it increases investments in dams and improves access to overseas markets, Agriculture Minister Carlos Furche said on Wednesday. Chile, the world's top exporter of fresh grapes and blueberries, posted record exports of food,...

  • NEW YORK, Oct 23- A former board member of Chile's CFR Pharmaceuticals SA has reached a $13.2 million settlement to resolve charges by a U.S. regulator that he engaged in insider trading ahead of Abbott Laboratories' $2.9 billion acquisition of the drug company. The SEC also agreed to drop charges against a business associate of Bilbao, Tomas Andres Hurtado...

  • LATAM Airlines beefs up Lima hub, adds Africa route Monday, 19 Oct 2015 | 4:54 PM ET

    SANTIAGO, Oct 19- LATAM Airlines, Latin America's largest airline, announced a swathe of new international routes on Monday, as it bolstered its hub in the Peruvian capital and promised a transatlantic route to Africa. From mid-2016 its hub in Lima would carry a new route to Washington DC, while in December 2015 it will begin flights from Lima to Uruguayan capital...

  • The poll also suggests that those few economies which have perked up this year, particularly the United States, the euro zone and Britain, are increasingly exposed to waning global demand and may not be able to maintain their momentum. "Worryingly, for the regions that have shown the most resilience- the U.S. and Europe- the outlook seems to become more clouded," wrote...