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Business Chile

  • SANTIAGO, July 11- Asian companies are eyeing Chile's hot infrastructure sector, which has traditionally been dominated by domestic and European companies, the country's concessions director said in an interview on Tuesday. Chile's concessions unit has over $2 billion of tenders scheduled to be published by the end of the year and its director, Eduardo...

  • SANTIAGO, July 10- Chile's farmed salmon production could increase more than expected this year, helping share prices of Chilean producers at a time when salmon from leading global producer Norway is limited, according to a trade association and analysts. Chile's department of fish and agriculture, part of the Finance Ministry, said last year's salmon harvest...

  • DUBLIN, July 6- Qatar Airways is to press on with plans to build a stake of up to 4.75 percent in American Airlines in the near future, despite the "categorical" opposition of the U.S. company's management, Qatar Chief Executive Akbar al-Baker said on Thursday. "We will be able to start buying shares in the open market soon, depending of course on what is the share value," al...

  • That was especially true in Mexico, where the peso has outperformed all other emerging-market currencies as fears over a U.S. trade war waned. Brazil bucked the trend as a political crisis continued to threaten President Michel Temer's grip on power. Analysts, who were expecting a rockier year for Latin American currencies, did not anticipate the recovery in...

  • An aerial view of the brine pools and processing plant of the Soquimich (SQM) lithium mine on the Atacama salt flat in northern Chile, on January 10, 2013.

    China private-equity firm GSR Capital aimed to buy as much as 20 percent of SQM, one of the world's biggest lithium producers, sources said.

  • SANTIAGO/ HONG KONG, July 5- Chinese private equity firm GSR Capital is looking to buy a substantial holding in Chile's Sociedad Quimica Y Minera, one of the world's biggest lithium producers, according to two sources with knowledge of the matter. A Chilean government transparency web site reported two GSR representatives met Eduardo Bitran, the head of the...

  • *Qatar Airways interested in buying 10 pct of American Airlines. *Qatar Airways says will first buy 4.75 pct. The move by Qatar Airways would expand its investments in North America as Qatar is embroiled in the region's worst diplomatic crisis in years and is locked in an airspace rights row with three other Gulf states.

  • *Qatar Airways interested to buy 10 pct of American Airlines. *Qatar Airways says it will first buy 4.75 pct. The move by Qatar Airways to buy a stake in American would expand the Gulf carrier's investments into North America against a turbulent diplomatic and global competitive backdrop.

  • *Qatar Airways interested to buy 10 pct of American Airlines. *Qatar Airways says it will first buy 4.75 pct. Operations at Qatar Airways were disrupted after four Arab nations cut diplomatic and economic ties with Qatar this month in the worst diplomatic crisis in the region in years.

  • June 22- American Airlines Group Inc said on Thursday that Qatar Airways, the Gulf country's state-owned airline, had expressed interest in buying as much as a 10 percent stake worth at least $808 million in the U.S. airline. Operations at Qatar Airways were disrupted after four Arab nations cut diplomatic and economic ties with Qatar this month in the worst...

  • SANTIAGO, June 12- Two miners are missing after a small silver and gold mine owned by Mandalay Resources was flooded, the government said on Monday, adding that authorities are working with technical experts to see if the men have survived and can be rescued. The workers were trapped after section two of the Delia mine, part of Mandalay's Cerro Bayo complex in...

  • SANTIAGO, June 6- Chile is looking at expanding its undersea fiber optic network across the Pacific Ocean to China and south to Patagonia, a project that has attracted interest from international companies including Amazon, the government said on Tuesday. Chile, one of Latin America's most developed countries, is relatively well connected in telecoms terms,...

  • SANTIAGO, May 31- Ten consortiums including companies from China and Europe formally expressed interest on Wednesday in building a landmark $1.5 billion tunnel under the Andes mountains to connect Argentina and Chile. Chinese companies Power China and the Chinese Communications Construction Company, Spain's OHL and FCC, and Italy's Astaldi and Salini...

  • ANTOFAGASTA, Chile, May 31- Immigrants from around South America hoping to seek their fortunes in the continent's copper mining capital of Antofagasta, Chile, are instead finding poverty, exclusion and a precarious home in the city's growing temporary slums. Chile, one of Latin America's most developed countries, has become a magnet in recent years for...

  • SANTIAGO, May 31- Swiss-based food company Nestle SA is creating thousands of jobs and investing in new factories in Latin America as it looks to tackle social issues and shore up its position in one of its strongest markets, the regional head said on Tuesday. The maker of Kit Kat chocolate bars and Nespresso coffee is working with government officials in the four...

  • SANTIAGO, May 30- The Chilean government has received five offers for a major highway concession in capital Santiago, the ministry of public works said on Tuesday, as the South American country seeks to revamp its infrastructure network. The highway, known as Americo Vespucio Oriente Tramo Principe de Gales-Los Presidentes, will cut underneath a large portion...

  • SANTIAGO, May 25- Italian infrastructure company Astaldi is looking to expand into Argentina, the company's chairman said on Thursday, as it vies for contracts in a massive government infrastructure push. "We are very much interested in Argentina," said Astaldi. Astaldi added that the company was interested in ambitious proposals to connect Argentina and Chile...

  • A cargo ship makes its way through the Miraflores locks as it crosses the Panama Canal on April 7, 2016 in Panama City, Panama.

    Pacific Alliance countries are in talks to expand the trade bloc outside Latin America and into high-growth Asia amid uncertainty over TPP.

  • Like free-trade superheroes, Japan and New Zealand are spearheading efforts to make the Trans-Pacific Partnership a reality without the U.S.

  • Containers at Busan Port in Busan, South Korea

    In a pushback against Trump’s protectionist rhetoric, 11 nations in the TPP have agreed on Sunday to proceed without the U.S.