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Business Chile

  • One of two listed casino operators in South Africa, Sun International has been hit by sluggish economic growth in its home market. It is scheduled to open its second-largest casino and entertainment complex there, the 4.2 billion rand Time Square project in Pretoria, next month. The owner of Sun City resort and the Sibaya Casino in South Africa said the slowing...

  • ANTOFAGASTA, Chile, March 23- The strike at Chile's Escondida, the world's largest copper mine, is ending after workers decided to invoke a rarely used legal provision that allows them to extend their old contract, the union said on Thursday. Hours earlier, talks between the two sides failed, and Escondida, which is operated by BHP Billiton, said it would attempt to...

  • ANTOFAGASTA, Chile, March 22- Leaders of the striking union at BHP Billiton's Escondida mine in Chile will meet with the rank-and-file before making any additional decisions about negotiations, a union spokesman said after exiting a meeting with BHP on Wednesday. "No comment, we're going to meet with the base," union spokesman Carlos Allendes told reporters.

  • A general view of a butchers shop, in Sao Paulo, Brazil on March 20, 2017.

    Fallout from a meatpacking industry scandal in Brazil, widened on Monday as China, the EU, South Korea and Chile curtailed meat imports.

  • Battered by Brazil's recent economic downturn, Latin America's largest airline does not expect a return to its former investment grade status much before 2019, Enrique Cueto told Reuters in an interview in Santiago.

  • Miners of the Escondida copper mine, on strike, block a road outside of Escondida, some 145 km northeast of Antofagasta, Chile, on March 8, 2017.

    The union called the fresh offer from management to end the strike "manipulative."

  • SANTIAGO, March 18- A 35- year-old driver for ride services company Uber was shot dead in the Chilean capital Santiago as he attempted to resist being robbed by passengers, police said on Saturday. Three people had requested the ride late on Friday using a cash payment option that Uber introduced last year, Santiago police said. Uber's unit in Chile did not...

  • BUENOS AIRES, March 17- Argentina is pushing for closer ties with Britain ahead of its largest trade mission to London in two decades later this month by avoiding a historical point of disagreement: competing sovereignty claims to the Falkland Islands. Argentina has also expressed interest in a bilateral trade deal as Britain exits the European Union, a...

  • Chinese Premier Li Keqiang talking  at The Great Hall of People on March 15, 2017 in Beijing.

    Chinese Premier Li Keqiang stressed the need for healthy Sino-U.S. relations and reiterated the domestic economy's stability on Wednesday.

  • Protesters hold placards against the Trans-Pacific Partnership (TPP) during a rally on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in Lima on November 18, 2016.

    Speculation is rampant that China will lead talks among Trans-Pacific Partnership member states at a meeting in Chile this week.

  • SANTIAGO, March 10- The four nations of the Pacific Alliance, one of Latin America's major trade blocs, agreed on Friday to deepen financial integration in the lead-up to a regional conference in Chile designed to counter creeping global protectionism. The finance ministers of Chile, Colombia, Mexico and Peru, meeting in Santiago, Chile's capital, told...

  • SANTIAGO, March 10- Countries that signed up for the failed trade pact known as the Trans-Pacific Partnership will meet in Chile next week, seeking a way forward on a possible future regional deal, Chile's head of international trade told Reuters. Representatives from the 12 countries that formed the TPP, plus China and South Korea, will meet for the first time...

  • SANTIAGO, March 9- SunPower Corp has put a large solar plant in Chile up for sale, according to two sources with knowledge of process, as the second largest U.S. solar panel maker seeks to cut costs across the globe. It was not clear how much equity SunPower had invested in the project, though solar projects in Chile typically require a 30-45 percent equity stake.

  • SANTIAGO, March 9- Countries that signed up for the failed trade pact known as the Trans-Pacific Partnership will meet in Chile next week, seeking a way forward on a possible future regional deal, Chile's head of international trade told Reuters. Representatives from the 12 countries that formed the TPP, plus China and South Korea, will meet for the first time...

  • SANTIAGO, March 8- BHP Billiton may try to restart production at the world's No.1 copper mine Escondida in Chile using temporary workers once the strike surpasses 30 days, the company told a local radio station on Wednesday. If their safety could be assured "there is the option of using contractors' help to try to get production going" and it will be evaluated day by...

  • SANTIAGO, March 8- Atlas Renewable Energy, a platform launched last week by English private equity fund Actis, is on the hunt for solar assets across Latin America, but big risks are off the table, Chief Executive Officer Carlos Barrera told Reuters on Wednesday. Actis, which already has significant investments in renewables throughout the developing world,...

  • SANTIAGO, March 1- Chilean police raided the offices of Brazil's Odebrecht in capital Santiago on Wednesday, as part of a widening investigation into bribes paid by the conglomerate on construction projects across Latin America. There were "certain people that we want to talk to in respect of events that may have occurred in Chile that could eventually be...

  • SANTIAGO, March 1- Chilean police raided the offices of Brazil's Odebrecht in capital Santiago on Wednesday, as part of a widening investigation into bribes paid by the conglomerate on construction projects across Latin America. There were "certain people that we want to talk to in respect of events that may have occurred in Chile that could eventually be...

  • SANTIAGO, March 1- Chilean police raided the offices of Brazil's Odebrecht in capital Santiago on Wednesday, as part of a widening investigation into bribes paid by the conglomerate on construction projects across Latin America. There were "certain people that we want to talk to in respect of events that may have occurred in Chile that could eventually be...

  • SANTIAGO, March 1- Chilean police raided the offices of Brazil's Odebrecht in capital Santiago on Wednesday, as part of a widening investigation into bribes paid by the conglomerate on construction projects across Latin America. There were "certain people that we want to talk to in respect of events that may have occurred in Chile that could eventually be...