×

Business Chile

  • PORTLAND, Ore.-- After betting more than $5 million they could persuade voters to approve Oregon's first privately owned casino, the Canadian developers folded their hand Tuesday, saying they would suspend their campaign because there isn't enough support from voters.

  • SANTIAGO, Chile-- Chilean police on Monday clashed with hooded vandals who infiltrated a protest by Mapuche Indians demanding land rights and autonomy. The rally was timed to protest a national holiday for " Dia de La Raza," which celebrates the first encounter by Native Americans and Europeans during Christopher Columbus' arrival to America.

  • The opposition campaign is funded primarily by the Confederated Tribes of Grand Ronde, which runs Spirit Mountain Casino, the nearest casino to Portland. The new Oregon casino would be owned by PDX Entertainment company, a corporation with about 19 shareholders created in March and based in Lake Oswego.

  • *STMicroelectronics rallies on break-up talk. LONDON, Oct 12- European blue chip shares ended the week in negative territory with weakness in commodity stocks outpacing gains in healthcare and consumer staples.

  • *Telefonica to provide 110 mln euros in vendor financing. *Telefonica shares flat vs lower Spanish index. MADRID, Oct 12- Spain's Telefonica is selling its Atento call centre business to U.S. private equity firm Bain Capital for about 1 billion euro, including debt, as it battles to reduce its borrowings.

  • *Credit Suisse cuts Rio Tinto target price to 3500 p from 3800 p; rating. *Credit Suisse cuts ENRC target price to 400 p from 450 p; rating. *Credit Suisse cuts Anglo American target price to 2100 p from 2200 p;.

  • *FTSE 100 down 0.1 percent after gains Thursday. Morgan Crucible shares dropped 12.3 percent, topping the FTSE 250. In response, Oriel Securities downgraded its rating for Morgan Crucible to "hold" from "buy".

  • Oct 12-:* HSBC cuts Antofagasta to underweight from neutral* HSBC cuts Anglo to neutral from overweight. *HSBC cuts Rio Tinto target price to 3220 p from 4320 p; rating. Reuters Station users, click. 1580.

  • Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.

  • CHUQUICAMATA, Chile-- From above, it looks like a colossal amphitheater carved from rock, or the vast crater from a meteorite that crashed into Chile's Atacama desert ages ago.

  • *Canaccord Genuity cuts Antofagasta and Kazakhmys to hold. *Canaccord Genuity cuts Central Asia Metals target price to 215 P from. *Canaccord Genuity cuts Orsu Metals target price to 13 P from 14 P;.

  • will be assuming about $32 billion in assets under management with its proposed acquisition of AFP Cuprum S.A., a leading pension manager in Chile. Rating Action On Oct. 9, 2012, Standard& Poor's Ratings Services affirmed its' BBB+' counterparty credit ratings on Iowa- based Principal Financial Group Inc. and Principal Financial Services Inc..

  • DES MOINES, Iowa-- Principal Financial Group Inc. said Monday that it is buying AFP Cuprum S.A., a pension manager in Chile, for roughly $1.51 billion. Principal Financial said the deal will add to its existing business in Brazil, Chile and Mexico, to give the company an even larger presence in those emerging markets.

  • BUENOS AIRES, Argentina-- South American engineers are trying to tackle one of the continent's greatest natural challenges: the towering Andes mountain chain that creates a costly physical barrier for nations ever-more-dependent on trade with Asia.

  • Oct 5- Polar Star Mining Corp:. *Offering 65 million common shares of the company at a price of $0.10 per. *Proceeds of private placement to be used to support capital development at.

  • TOKYO, Oct 5- Pan Pacific Copper, Japan's biggest copper smelter and a subsidiary of JX Holdings, said it plans to produce 268,300 tonnes of refined copper in the October-March second half, up 12.4 percent from the same period last financial year.

  • *Japan smelter offers $85 a tonne for 2013 vs $100 for 2012* Top producer Codelco said to be mulling $105 a tonne. TOKYO, Oct 4- Japan's biggest copper smelter, Pan Pacific Copper, is in talks with buyers in China to slash its term premium for 2013 shipments by 15 percent from this year, a source familiar with the matter said, as demand slows in the metal's top consumer.

  • *Japan smelter offers $85 a tonne for 2013 vs $100 for 2012. TOKYO, Oct 4- Japan's biggest copper smelter, Pan Pacific Copper, is in talks with buyers in China to slash its term premium for 2013 shipments by 15 percent from last year, a source familiar with the matter said, as demand slows in the metal's top consumer.

  • TOKYO, Oct 4- Japan's biggest copper smelter, Pan Pacific Copper Co, is offering a term premium of $85 per tonne to clients in China for 2013 shipments, down 15 percent from last year, a source familiar with the matter said.

  • TOKYO, Oct 4- Japan's biggest copper smelter, Pan Pacific Copper Co, is offering a term premium of $85 per tonne to clients in China for 2013 shipments, down 15 percent from last year, a source familiar with the matter said.