Business Chile

  • 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.

  • U.S.-traded shares of Argentine companies did particularly well, with telecom holding company Nortel Inversora gaining 7.7 percent to $11.10 and Petrobras Argentina, a subsidiary of Brazil's Petrobras adding 4.4 percent to its share price. The BNY Mellon index of leading Latin American ADRs gained 1.1 percent on the day.

  • Red Lobster is launching its biggest menu revamp in a decade on Oct. 15. We Specialize in Fresh Florida Seafood, but some of our Seafoods come from distant points of the compass, such as Maine, Maryland, Alaska, Peru, Chile and even South Africa to name but a few.

  • Chilean Pesos bank note.

    The Chilean peso has been on a tear, but this strategist thinks the central bank may soon put on the brakes.

  • Latin America

    More monetary stimulus programs from the Federal Reserve or the European Central Bank will force Latin American currencies to over-appreciate, Chile Finance Minster Felipe Larrain told CNBC on Thursday.

  • fx_fix_1_200.jpg

    Australians get to work, but euro investors are losing steam — it's time for your FX Fix.

  • Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.  ranks the top 30 emerging countries and grades them on many factors, including an assessment of country risk, population size, wealth as well as the country’s current retail saturation. With anemic growth in the U.S. and Europe, retailers realize that global expansion is more important than ever. This has prompted retailers to search the globe for untapped consumer market

    Global management consulting firm A.T. Kearney takes an annual look at which emerging markets are ripe for retail expansion.

  • Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These ten getaways take up the challenge, spiriting you away from worldly cares. And we promise you won’t miss civilization one bit. Click ahead for the world’s most remote resorts!

    Getting away from it all gets harder and harder, as cell phones and 4G devices keep us tapped into our lives. These 10 getaways take up that challenge, spiriting you away from worldly cares.