Business Chile

  • SANTIAGO, Chile _ Vina Concha y Toro SA on Friday reported second-quarter profit of $20 million. On a per-share basis, the Santiago, Chile- based company said it had net income of 53 cents. Keywords: Vina Concha y Toro, Earnings Report.

  • HONG KONG/ SANTIAGO, Aug 25- Ningbo Shanshan Co Ltd, a Chinese manufacturer of lithium battery materials, is in advanced talks to buy a stake in Chile's Sociedad Quimica Y Minera, one of the world's biggest lithium producers, according to two sources with direct knowledge of the matter. An indirect stake in SQM has been up for sale since December, when holding company...

  • HONG KONG/ SANTIAGO, Aug 25- Ningbo Shanshan Co Ltd, a Chinese manufacturer of lithium battery materials, is in advanced talks to buy a stake in Chile's Sociedad Quimica Y Minera, one of the world's biggest lithium producers, according to two sources with direct knowledge of the matter. The deal talks highlight growing interest in the renewable battery ingredient,...

  • TORONTO/ SANTIAGO, Aug 18- Canada's Kinross Gold Corp is looking to retreat from Chile and has put its main assets in that country up for sale, according to people familiar with the process. Interest has been very strong, with bids coming from mining companies from Canada, Chile and other parts of the world, the sources said. "We have received expressions of interest...

  • SANTIAGO, Aug 11- Chile's central bank held the benchmark interest rate at 3.5 percent on Thursday, as expected, adjusting its bias towards a more neutral stance as inflation has cooled. The bank has kept the interest rate on hold since January. Previously its bias was toward gradual future hikes, as it balanced the need to stimulate a weak economy with fears of...

  • LATAM said the agreement conformed to anti-monopoly rules and would benefit consumers, expanding its network to more than 420 destinations in the United States, Canada and Europe. "This type of agreement has already been approved by diverse free competition authorities throughout the world, including the United States and Europe, who have recognized its...

  • THURSDAY, AUGUST 11 MANILA- Philippines central bank holds monetary policy meeting- 0800 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT. BELGRADE- National Bank of Serbia interest rate decision- 1000 GMT.

  • SEOUL- South Korean Finance minister Yoo Il-ho speaks at a forum on easing regulations for corporations- 0500 GMT. NAIROBI- Central Bank of Kenya Governor Patrick Njoroge holds a joint news conference with CEOs of commercial banks- 0700 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT.

  • TUESDAY, AUGUST 9 MUMBAI, India- Reserve Bank of India holds its monetary policy committee meeting. LIMA- Central bank of Peru interest rate decision- 2300 GMT. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT.

  • MONDAY, AUGUST 8 CHISINAU- National Bank of Moldova interest rate decision. TUESDAY, AUGUST 9 MUMBAI, India- Reserve Bank of India holds its monetary policy committee meeting. SEOUL- Bank of Korea holds its monetary policy meeting and will give its decision on interest rates- 0100 GMT.

  • THURSDAY, AUGUST 4 SHANGHAI- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Economic Conditions and Implications for Monetary Policy" before the Official Monetary and Financial Institutions Forum City Lecture event- 1015 GMT. LIMA- Central bank of Peru chief Julio Velarde Flores will deliver a public presentation on macroeconomics...

  • BUENOS AIRES, Aug 3- Most Latin American currencies are set to stabilize further because of growing optimism on policy fine-tuning, although the Mexican peso is increasingly prone to agitation over the U.S. election in November, a Reuters poll showed on Wednesday. This remarkable tightening of the gap between the strategists' projection and the current rate of...

  • MEXICO CITY, Aug 2- Mexico's largest airline group, Aeromexico, will increase the frequency of flights on five of its main international routes, the company said on Tuesday. On its European routes, Aeromexico will offer daily flights from Mexico City to Amsterdam and to London Heathrow- up from three and six flights per week, respectively. In May, Aeromexico started...

  • WEDNESDAY, AUGUST 3 BANGKOK- Bank of Thailand holds its monetary policy committee meeting- 0730 GMT. THURSDAY, AUGUST 4 SHANGHAI, China- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Economic Conditions and Implications for Monetary Policy" before the Official Monetary and Financial Institutions Forum City Lecture event- 1015 GMT.

  • TUESDAY, AUGUST 2 BEIJING- Federal Reserve Bank of Dallas President Robert Kaplan speaks on "Economic Conditions and Implications for Monetary Policy" before the Official Monetary and Financial Institutions Forum City Lecture event- 1015 GMT. SEOUL- Bank of Korea to release the minutes of its July policy meeting- 0700 GMT. THURSDAY, AUGUST 4 SHANGHAI, China-...

  • PORT OF SPAIN- Central Bank of Trinidad and Tobago holds its policy meeting. JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at the launch of an initiative by EOH and Radio 702 that aims "to provide solutions to South Africa's skills development challenges"- 0430 GMT. LUANDA- Bank of Angola interest rate decision- 1600 GMT.

  • THURSDAY, JULY 28 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT. COLOMBO- Central Bank of Srilanka monetary policy committee meeting- 1230 GMT. PRAGUE- Czech Banking Association holds a press conference on the updated macroeconomic forecast- 0800 GMT.

  • WEDNESDAY, JULY 27 TBILISI- National Bank of Georgia monetary policy committee meeting. POLOKWANE, South Africa- South African central bank deputy governor Daniel Mminele speaks at a business breakfast event in the city of Polokwane- 0700 GMT. THURSDAY, JULY 28 KIEV- National Bank of Ukraine monetary policy meeting- 0700 GMT.

  • July 21- Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed. "Given how fragile the global economy is nearly eight years after the start of the global financial crisis,...

  • MELBOURNE/ SANTIAGO July 15- Choppy seas off the coast of Chile caused widespread delays to copper shipments from the world's top producer in the second half of June, potentially supporting prices in a market grappling with oversupply. Cargoes were stranded at ports as stormy weather prevented ships from loading, said miners in Chile, including world No.1...