SANTIAGO, Chile— A fire at a refinery owned by Chile's state oil company ENAP has injured two workers. But ENAP says the Tuesday morning blaze at a unit of the Aconcagua refinery is now under control. Aconcagua is one of Chile's top oil refineries along with the Bio Bio refinery, also owned by ENAP.
SANTIAGO, Chile— Paulina Bobadilla was beyond desperate. Bobadilla's desperation to ease her daughter's condition is an emotion familiar to other Chilean parents who say medical marijuana can help their children and who, rather than wait for Congress to act, have taken matters into their own hands. Chile allows consumption of the drug, but growing, selling or...
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,...
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...
Sept 24- For other related diaries, please. NEW YORK- India Investment Forum. Indian Finance Minister Arun Jaitley and Finance Secretary Arvind Mayaram to attend.
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.
BERLIN/ PARIS, Aug 25- The euro zone's flat-lining economy took another hit on Monday when data showed German business sentiment sagging for the fourth month running, while a row over the lack of growth led the French government to resign.
Aug 21- For other related diaries, please. NEW DELHI- Indian Finance Minister Arun Jaitley will attend a banking event in New Delhi. NEW DELHI- RBI Deputy Governor Rama Subramaniam Gandhi will participate in a panel discussion on G20- 0830 GMT.
SANTIAGO, Aug 14- Chile's central bank cut its benchmark interest rate 25 basis points to 3.50 percent on Thursday despite stubbornly high inflation and left the door open for additional reductions as it looks to boost a quickly stagnating economy. The bank is in an easing cycle and has already reduced the rate from 5.0 percent since last October.
Around 90 new meat plants in Brazil were immediately approved to export beef, chicken and pork to Russia and the South American nation is already working to increase its exports of corn and soybeans sales to Russian buyers, Brazil's secretary of agricultural policy, Seneri Paludo, said on Thursday.
SANTIAGO, Aug 4- Argentina's economy probably will contract in 2014, the head of the United Nation's body for Latin American and the Caribbean said on Monday, as fallout from a new sovereign debt crisis would keep the region's third-biggest economy out of foreign debt markets.
SANTIAGO, July 31- Nicknamed' scissorhands' for his agile management of difficult projects, Chilean industry veteran Nelson Pizarro is seen by Codelco's board as the ideal man to lead the world's top copper miner through a tricky yet pivotal phase.
RIO DE JANEIRO/ BRASILIA, July 31- Argentina's debt default threatens to worsen trade tensions in South America, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to plunge deeper into recession.
HAVANA, July 23- Chinese President Xi Jinping ended an eight-day trip through Latin America on Wednesday with a visit to eastern Cuba, where both the island's independence struggle against Spain and Fidel Castro's revolution began.