Business News Chile

  • WEDNESDAY, NOVEMBER 14 JOHANNESBURG- World Bank officials to meet Zambia finance minister and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. ZAGREB- Croatia National Bank holds monetary policy...

  • MEXICO CITY, Nov 8- Mexico's banking stocks plummeted on Thursday after a senator from the president-elect's party unexpectedly presented a proposal to stop banks from charging certain commissions, deepening fears about the leftist's economic policy. Mexico's S&P/BMV IPC stock index fell 5.8 percent, its biggest one-day loss in more than seven years.

  • MEXICO CITY, Nov 8- Mexico's banking stocks plummeted on Thursday after a senator from the president-elect's party unexpectedly presented a proposal to stop banks from charging certain commissions, deepening fears about the leftist's economic policy. Mexico's S&P/BMV IPC stock index fell 5.8 percent, its biggest one-day loss in more than seven years.

  • MEXICO CITY, Nov 8- Mexico's banking stocks sank on Thursday after a senator from the president-elect's political party presented a proposal to stop banks from charging commissions for certain services like withdrawing cash from ATMs. Mexico's S&P/BMV IPC stock index fell about 5.7 percent, its biggest one-day loss in more than seven years.

  • MEXICO CITY, Nov 8- Mexico's banking stocks sank on Thursday after a senator from the president-elect's political party presented a proposal to stop banks from charging commissions for certain services like withdrawing cash from ATMs. Mexico's S&P/BMV IPC stock index fell more than 6 percent, on track for its biggest daily loss in 10 years.

  • NEWPORT BEACH, Calif./ SANTIAGO, Nov 7- Albemarle Corp's claim to have developed a unique process that would more than triple its lithium production from Chile's Atacama desert without using more water is drawing increased scrutiny from regulators and investors pushing for more details. But if the extraction process proves less than advertised, the...

  • SANTIAGO, Oct 31- Shares of Chilean lithium miner SQM jumped during midday trading on Wednesday, a day after Chile's anti-trust court rejected appeals to block Tianqi Lithium Corp's $4.1 billion offer to buy a stake in SQM, the world's No. 2 lithium producer. Chile's anti-trust court late on Tuesday dismissed appeals brought by SQM majority shareholder Julio...

  • RIO DE JANEIRO, Oct 29- Jair Bolsonaro, the far-right former Army captain who won Brazil's presidential weekend election, said on Monday he would press ahead with loosening gun laws this year and planned to visit Washington D.C. after a friendly call with U.S. Investors were quick to cheer Bolsonaro's victory, sending Brazil's benchmark Bovespa stock index to an...

  • RIO DE JANEIRO, Oct 29- Jair Bolsonaro, a far-right former Army captain who clinched Brazil's presidential election by a comfortable margin, won the approval of U.S. Investors were quick to cheer Bolsonaro's victory, sending Brazil's benchmark Bovespa stock index to an all-time high in early trading before turning negative as traders booked profits on a sharp...

  • SANTIAGO, Oct 26- Shares in lithium miner SQM jumped 2.7 percent on Friday after Chile's Constitutional Court rejected a lawsuit to block Chinese miner Tianqi Lithium Corp's $4.1 billion purchase of a stake in the Chilean lithium miner.

  • SANTIAGO- Central Bank of Chile holds monetary policy meeting MONDAY, OCTOBER 22 SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the 2018 ISDA Annual Australia Conference, Sydney- 2235 GMT. SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. JAKARTA- Indonesia Central Bank...

  • BUDAPEST- Hungarian Central Bank holds its rate-setting meeting- 1200 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of October monetary policy meeting 0030 GMT. SYDNEY- Speech by Guy Debelle, RBA Deputy Governor, at the 2018 Citi Conference- 2120 GMT.

  • SANTIAGO, Sept 27- Foreign-backed Salar Blanco expects to begin construction on its lithium mining project at the beginning of 2020 in Chile's north, once its environmental permit is approved by the government. Salar Blanco CEO Cristobal Garcia-Huidobro said he expects it to be approved by the end of next year. It is a highly prized deposit in the lithium...

  • MONDAY, SEPTEMBER 24 BANGKOK, Thailand- Bank of Thailand Governor Veerathai Santiprabhob speaks at a two-day BOT symposium 2018: The future of money, finance, and central banking- 0200 GMT. BRATISLAVA- Slovakia Central Bank Governor Jozef Makuch holds a news conference 1100 GMT. PRAGUE- Czech National Bank holds monetary policy meeting.

  • SANTIAGO, Sept 12- Google will invest $140 million to expand the tech giant's sole data center in Latin America, a development Chile's president hailed on Wednesday as proof of the country's enthusiastic participation in "the fourth industrial revolution." The company first announced data center construction plans Chile in 2012, eight months after it opened...

  • Nolberto Diaz, president of the ENAP workers' federation, speaking to journalists in the industrial zone of Quintero, 90 miles northeast of Santiago, said other companies were responsible for the "toxic cloud" and accused the government of making unfounded claims. The latest leak, which caused more than 300 people to seek medical treatment for nausea and...

  • Nolberto Diaz, president of the ENAP workers' federation, speaking to journalists in the industrial zone of Quintero, 90 miles northeast of Santiago, said other companies were responsible for the "toxic cloud" and accused the government of making "unfounded" claims.

  • SANTIAGO, Aug 28- Canadian miner Teck Resources Ltd declined to fix a start date for an ambitious $4.8 billion upgrade to its Quebrada Blanca copper mine in northern Chile on Tuesday, pending fresh investment from a development partner. Chile's Mining Minister Baldo Prokurica said earlier on Tuesday that Teck would later this year begin work on the project,...

  • Engineer and tech entrepreneur Elon Musk of The Boring Company talks about constructing a high speed transit tunnel at Block 37 during a news conference on June 14, 2018 in Chicago, Illinois.

    Associates, including several people inside the company interviewed over the past week, portray Elon Musk as a workaholic who zeroes in on the smallest details, the NYT reports. 

  • SANTIAGO, Aug 24- The Chilean government on Friday said it had closed some facilities at state-run energy firm ENAP's port on the country's central coastline after hundreds of people were treated with symptoms of intoxication following a gas leak. The leak occurred on Thursday close to the port of Ventanas, 90 miles northeast of Santiago, the government said in...