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  • SANTIAGO, Feb 4- A consortium led by France's Aeroports de Paris is the top bidder for a concession to run Santiago's international airport for the next 20 years and build a new terminal, as the Chilean capital seeks to become a hub for pan-Pacific traffic. The consortium consists of Aeroports de Paris, which runs Paris' Charles de Gaulle, France's Vinci Airports,...

  • Why commodity exporters may get a tailwind Sunday, 18 Jan 2015 | 5:54 PM ET
    A worker walks among coils of galvanized steel at the ArcelorMittal Eko Stahl steelworks in Germany

    Conventional wisdom suggests commodity exporters will take price declines on the chin, but Morgan Stanley expects they'll benefit most.

  • NEW YORK/ SANTIAGO- A former board member of Chile's CFR Pharmaceuticals SA was charged on Monday by U.S. regulators with insider trading on information regarding Abbott Laboratories' $2.9 billion acquisition of CFR earlier this year. Hurtado earned nearly $500,000 in profits, according to the SEC. According to the SEC, Bilbao first learned of Abbott's...

  • BOGOTA, Dec 10- Bidding to build a long-awaited $6.9 billion subway system in Bogota, Colombia's capital city, will open in the second half of 2015, the mayor said on Wednesday, adding that the project has garnered interest from foreign companies. Now the city has plans to open a first 32 km line serving 27 stations by 2020, mayor Gustavo Petro- considered the...

  • The planned Trans-Pacific Partnership has faced stumbling blocks, largely because of wrangling between the pact's two biggest economies, the United States and Japan, over agricultural tariffs. But there was a lot of pressure from the United States to close a deal, said Chile's head of international economic relations, Andres Rebolledo, on the sidelines of an...

  • MEXICO CITY, Dec 5- Mexico's central bank on Friday held borrowing costs steady but said a slump in the peso could add to inflation pressures, and noted that growing social unrest in Latin America's No. 2 economy may crimp growth. Mexico's peso slumped to a fresh 2-1/ 2 year low against the dollar on Friday. The Mexican currency has been hammered as global oil prices...

  • SANTIAGO, Dec 5- The slide in oil prices will probably cut Canadian economic growth by 1/ 3 of a percentage point in 2015, not the 1/ 4 point the Bank of Canada estimated in late October, bank Governor Stephen Poloz told Reuters on Friday. He was speaking on the sidelines of an International Monetary Fund forum in Santiago two days after he held the central bank's...

  • SANTIAGO, Dec 5- The slide in oil prices will probably cut Canadian growth by 1/ 3 of a percentage point in 2015, not the 1/ 4 point estimated in late October, Bank of Canada Governor Stephen Poloz told Reuters on Friday. However, U.S. growth is a little stronger than previously forecast and this should offset some of the downward pressure from cheap oil, Poloz said on the...

  • DIARY - Emerging Markets Economic Events to Dec 1 Monday, 17 Nov 2014 | 7:02 PM ET

    Nov 18- For other related diaries, please. MAKATI CITY- Asian Development Bank to launch the latest Asian Economic Integration Monitor- 0130 GMT. BRASILIA- Brazil Central Bank President Alexandre Tombini may speak at congressional commission about deterioration of the country's fiscal results.

  • TORONTO, Nov 10- Global mining companies stung by slumping commodity prices are looking forward to a modest consolation prize- weaker local currencies and falling oil prices that will help trim their costs. "It's definitely a silver lining," said Chris Mancini, analyst at Gabelli Gold Fund. Agnico Eagle Mines Ltd, which produces two-thirds of its gold in Canada,...

  • DIARY - Emerging Markets Economic Events to Nov 4 Thursday, 23 Oct 2014 | 8:02 PM ET

    Oct 24- For other related diaries, please. COLOMBO- Sri Lankan President and Finance Minister Mahinda Rajapaksa presents 2015 budget in the parliament. SEOUL- South Korea's Central Bank Governor Lee Ju- yeol and Finance Minister Choi Kyung- hwan will appear before lawmakers.

  • MADRID, Oct 13- Spain's Gas Natural said on Monday it was leaving its 2015 payout plans unchanged after announcing a $3.3 billion takeover offer for Chile's biggest electricity distributor Compania General de Electricidad. Analysts at Barclays said in a note that the acquisition seemed expensive and posed questions on Gas Natural's dividend policy.

  • *Gas Natural to launch 4,700 peso per share bid for CGE. MADRID/ SANTIAGO, Oct 12- Spain's Gas Natural on Sunday said it would launch a $3.3 billion takeover offer for Chile's biggest electricity distributor Compania General de Electricidad, in a bid to boost its presence in growing Latin American markets. As part of the deal with those investors, Gas Natural will...

  • DIARY - Emerging Markets Economic Events to Oct 7 Tuesday, 23 Sep 2014 | 8:02 PM ET

    Sept 24- For other related diaries, please. NEW YORK- India Investment Forum. Indian Finance Minister Arun Jaitley and Finance Secretary Arvind Mayaram to attend.

  • Venezuela in dilemma over hiking world's cheapest fuel Wednesday, 10 Sep 2014 | 9:37 AM ET

    CARACAS, Sept 10- President Nicolas Maduro is mulling a politically risky move to raise highly subsidized gasoline prices in Venezuela for the first time in 17 years, but may be put off for now by fears of a social backlash. With 95 octane gas on sale for less than two U.S. cents a liter most motorists can fill up for under $1- less than a small bottle of drinking water.

  • SANTIAGO, Sept 5- Chilean diversified retailer Cencosud posted a healthy increase in sales during the second quarter despite decelerating economic growth in some of its main markets. The result was partially offset by lower revenues in Argentina due to the devaluation of the local currency, Cencosud said on Friday.

  • SANTIAGO, Sept 5- Chile's economy grew in July at its slowest pace in more than four years but above market forecasts, its central bank reported on Friday, raising the possibility that a slowdown may be close to touching bottom.

  • SANTIAGO, Sept 1- Leading South American retailer Falabella is revising spending plans, reducing inventories and looking to tweak supplier sources as it faces an economic slowdown in key markets, Chief Executive Officer Sandro Solari told Reuters.

  • Chilean artist steals $500M in student debt papers Wednesday, 21 May 2014 | 11:28 AM ET
    Person identified as Francisco Tapia on YouTube

    A Chilean artist and activist was done waiting for education reform. What he did next was inventive, courageous, and illegal, reports the Global Post.

  • 5.8 earthquake rattles Panama  Wednesday, 2 Apr 2014 | 2:25 PM ET

    Following an 8.2 magnitude earthquake in Northern Chile, a 5.8 magnitude earthquake has struck the western coast of Panama. CNBC's Michelle Caruso-Cabrera reports.