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.» Read More
COPENHAGEN/ FRANKFURT, March 21- A deepening economic standoff between Russia and the west over the future of Ukraine has rippled through trading floors and boardrooms with exporters scrambling to protect revenues and global financial firms halting services.
PARIS/ MOSCOW, March 21- U.S. and European sanctions against Russia are already having a ripple effect beyond their immediate targets, with Visa and MasterCard halting payment transaction services for clients of a bank not even on the blacklist. The lender described the move by Visa and MasterCard as unlawful.
Mar 20- For other related diaries, please. MUMBAI, India- The Reserve Bank of India Deputy Governor Kamalesh Chandra Chakrabarty will give a keynote address at an industry event- 0330 GMT. SANTIAGO- Chile Central Bank President Rodrigo Vergara Montes and Finance Minister Alberto Arenas will give presentations at a business forum- 1230 GMT.
SANTIAGO, March 19- Latin American nations are looking ahead at a period of weaker regional currencies, while the widespread growth model based on commodities exports is nearing a "plateau", an International Monetary Fund official said on Wednesday.
*Worries over China credit weigh on copper outlook. LONDON, March 18- Chilean copper miner Antofagasta paid out an unexpectedly large dividend for 2013, despite a 30 percent drop in annual core profit, opting to distribute cash rather than hold it at low interest rates.
*Worries over China growth weigh on copper outlook. LONDON, March 18- Chilean copper miner Antofagasta announced on Tuesday a unexpectedly large dividend payout for 2013, despite a 30 percent drop in annual core profit as falling metal prices and soaring costs offset an increase in output.
SANTIAGO, March 13- Chile's central bank cut its key interest rate on Thursday to boost economic growth, and suggested more reductions could be in the pipeline if domestic and external macroeconomic conditions merit it.
Teresa Barger, Cartica Capital, discusses her plans to challenge Chile's CorpBanca plans to merge with the local unit of Brazilian bank Itaú.
SANTIAGO, Feb 28- Some investors are fretting over fragility in Chile's economy, dragging its currency to a multiyear low in recent weeks, but the world's top copper exporter has underlying strengths that should support it even if emerging markets face more volatility ahead.
SANTIAGO, Feb 28- Unemployment in Chile rose more than expected and manufacturing output slid in January, adding weight to signals that the economy of the world's top copper exporter is entering a weaker phase.
*EU offers talks to Cuba on trade, investment accord. BRUSSELS, Feb 20- Eleven months before Barack Obama's historic handshake with Raul Castro, Europe staged its own show of friendliness with Cuba. But all this warmth at Nelson Mandela's memorial service in South Africa has brought no radical change and the U.S. trade embargo on Cuba, imposed in 1962, remains.
RIO DE JANEIRO/ LONDON, Feb 11- Latin American stocks followed U.S. markets higher on Tuesday after U.S. Mexico's benchmark IPC stock index had its biggest jump in more than a month, driven by a nearly 3 percent gain in heavily weighted telecommunications firm America Movil, controlled by tycoon Carlos Slim.
JOHANNESBURG, Feb 7- Chile's CFR Pharmaceuticals dropped a $1.2 billion bid for South Africa's Adcock Ingram on Friday, paving the way for Adcock's largest shareholder to overhaul the underperforming drugmaker.
*Not clear whether Bidvest will raise stake further. JOHANNESBURG, Jan 31- South Africa's Bidvest said it had raised its stake in drugmaker Adcock Ingram to over 34 percent, enough to block a rival $1.2 billion bid and prompt Adcock to seek urgent talks with its Chilean suitor.
*AES Gener hopes to send power from Chile to Argentina. AES Gener, a local unit of U.S. power group AES Corp, is pushing ahead with around $4 billion in investments in Chile and Colombia through 2018. Business has soared between the growing, investor-friendly Andean countries in recent years, especially in the retail and banking sectors.
LONDON, Jan 29- European shares fell to six-week lows on Wednesday, breaking below technical support levels in the face of weak earnings and concerns that another trimming of U.S. monetary stimulus may exacerbate the emerging markets rout.
LONDON, Jan 29- European shares sank to six-week lows on Wednesday, breaking below technical support levels in the face of weak earnings and concerns that another trimming of U.S. monetary stimulus may exacerbate the emerging markets rout.
SAO PAULO/ SANTIAGO, Jan 29- Brazil's Itaú Unibanco Holding SA, Latin America's largest bank by market value, took a key step in its overseas expansion plan on Wednesday with a deal to take control of Chilean lender CorpBanca SA.
LONDON, Jan 29- European shares rose on Wednesday, buoyed by positive updates from miners and an increased appetite for riskier stocks after Turkey acted to defend its currency, though relief in emerging markets looked to be short-lived.
*Anglo American, Antofagasta post record copper output. LONDON, Jan 29- European shares rose on Wednesday after Turkey ramped up its interest rates overnight to defend its currency, helping buoy stocks that had been hit by a selloff in emerging markets. We could push on to further gains in Europe, " Mike Harris, partner at TJM Partners, said.